Okay, OK is a small town located in the south of the US. The cost of living in Okay is relatively low compared to other areas as rent is only $820 for a two-bedroom apartment and grocery prices are about 8% lower than in the US. Job opportunities are plentiful with local companies such as Thompson Construction, Bluebird Bakery, and Beasley Law Firm providing plenty of positions. With its affordable cost of living and availability of jobs, many people choose to make Okay their home.
Okay has an unemployment rate of 3.7%. The US average is 6.0%.
Okay has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Okay
- The Sales Tax Rate for Okay is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Okay 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 Okay
- The average income of a Okay resident is $22,753 a year. The US average is $37,638 a year.
- The Median household income of a Okay resident is $35,000 a year. The US average is $69,021 a year.