Oklahoma City, OK Economy


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Oklahoma City, OK is a great place to live. With 2 Bedroom Rent at $1,090, it is much cheaper than the US average of $1,430. The city also has an affordable Grocery Cost Index of 95 compared to the US average of 100. Oklahoma City is home to many big companies such as Devon Energy, AT&T and Sonic Drive-In and popular attractions like the Oklahoma City Zoo, National Cowboy & Western Heritage Museum and Myriad Botanical Gardens. There are plenty of entertainment options in the city so you're sure to find something fun for everyone to enjoy!

Oklahoma City has an unemployment rate of 4.4%. The US average is 6.0%.

Oklahoma City has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.

Tax Rates for Oklahoma City
- The Sales Tax Rate for Oklahoma City is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Oklahoma City 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 Oklahoma City
- The average income of a Oklahoma City resident is $26,275 a year. The US average is $28,555 a year.
- The Median household income of a Oklahoma City resident is $59,679 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOklahoma City, OklahomaUnited States
  4.46
  -3.4%-6.2%
  32.4%33.5%
  8.6%6.2%
  5.0%4.6%
  $33,162$37,638
  $59,679$69,021
  $74,002$85,028
  Population by Occupation
  0.6%1.2%
  2.6%0.5%
  7.2%6.8%
  7.1%10.0%
  2.6%2.5%
  12.3%11.0%
  4.4%4.8%
  0.7%0.8%
  1.7%1.9%
  4.8%4.7%
  1.7%1.9%
  7.2%7.6%
  0.1%0.1%
  4.0%4.2%
  7.6%9.3%
  13.7%14.0%
  1.8%2.1%
  8.0%7.0%
  5.2%4.8%
  6.8%4.7%
Reviews for Oklahoma City
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Very high tornado risk  More

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I have lived in this state for 6 months. There are a couple of things to bear in mind when it comes to OK. If you are moving from a state that has been destroyed by  More

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We moved here after living in Oregon our whole lives. Been here for 6 months and live in a middle class neighborhood. If I'm out front of the house someone was always  More

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