Oilton, OK is an affordable place to live with rent for a two bedroom apartment costing $840 compared to the national average of $1,430. It is also an economical place for groceries as the Grocery Cost Index in Oilton is 90 compared to the national average of 100. Some local companies that operate in Oilton are Moore Oil Company and Metro Steel Industries. Attractions in town include Dawson Park, a popular spot for picnics and outdoor activities, and the Oilton Public Library, which offers a wide range of resources for kids and adults alike.
Oilton has an unemployment rate of 4.4%. The US average is 6.0%.
Oilton has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Oilton
- The Sales Tax Rate for Oilton is 10.5%. The US average is 7.3%.
- The Income Tax Rate for Oilton 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 Oilton
- The average income of a Oilton resident is $17,037 a year. The US average is $37,638 a year.
- The Median household income of a Oilton resident is $30,625 a year. The US average is $69,021 a year.