Oakhurst, OK is a small town located in the heart of Oklahoma. It has a charming atmosphere that offers its residents a peaceful and quaint lifestyle. With its low cost of living and affordable housing, it's an attractive destination for those looking to stretch their budget. The two-bedroom rent in Oakhurst is $960 compared to $1,430 in the US which makes it an ideal spot for those searching for great value for their dollar. Additionally, Oakhurst has a Grocery Cost Index of 92 compared to 100 in the US. This helps keep grocery bills lower than other places nearby.
The local economy is driven by oil production, agriculture, and small businesses like lumber yards, convenience stores, and auto repair shops. There are also many restaurants, cafes and retail stores that offer employment opportunities to the locals. Companies such as Fastenal Company, Walmart Supercenter, Sonic Drive-In and Mohawk Industries have put down roots in town providing even more job options for the people of Oakhurst.
Oakhurst has an unemployment rate of 4.2%. The US average is 6.0%.
Oakhurst has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Oakhurst
- The Sales Tax Rate for Oakhurst is 4.9%. The US average is 7.3%.
- The Income Tax Rate for Oakhurst is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oakhurst
- The average income of a Oakhurst resident is $19,264 a year. The US average is $28,555 a year.
- The Median household income of a Oakhurst resident is $58,125 a year. The US average is $69,021 a year.