Orlando, Oklahoma is a small town located in the northeastern part of the state. It is known for its low cost of living and friendly atmosphere. The average two-bedroom rent in Orlando is $920, making it affordable for families. The grocery cost index for Orlando is 95 compared to the US average of 100, so food costs are kept to a minimum. This makes Orlando a great place to live for those on a budget or just looking for some peace and quiet.
The town consists of many local businesses including Chambers Plumbing, Express Street Auto Repair, and B&L Electric Services. There are also several banks in the area such as First National Bank, Citizens Bank & Trust Co., and Community Bank & Trust Co.. Lastly, there are plenty of restaurants like Los Cazadores Mexican Restaurant, KFC, and Subway that provide delicious meals throughout the day.
One interesting fact about Orlando is that it has been recognized as an official “Tree City USA” by the National Arbor Day Foundation since 2003 due to its commitment to preserving tree cover and creating green spaces within its city limits. Additionally, it was named one of Oklahoma’s top 10 cities with a population under 10,000 people in 2018 by Niche!
Orlando has an unemployment rate of 3.4%. The US average is 6.0%.
Orlando has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 32.3%, which is lower than the US average of 33.5%.
Tax Rates for Orlando
- The Sales Tax Rate for Orlando is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Orlando 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 Orlando
- The average income of a Orlando resident is $22,488 a year. The US average is $28,555 a year.
- The Median household income of a Orlando resident is $39,688 a year. The US average is $69,021 a year.