Owasso, OK is a great city to live in. It has a low cost of living with 2 bedroom rent being $1,140 compared to the US average of $1,430. Grocery costs are also low with an index score of 98 compared to the US average at 100. The city is host to many local businesses such as Reasor's Supermarket and Owasso Industrial Park. In addition, there are plenty of attractions like Owasso Family Aquatic Center, where you can find water slides and swimming pools for the whole family to enjoy. Other fun places include Redbud Valley Nature Preserve, which is great for hikes and picnics outdoors. Overall, living in Owasso will provide you with an exciting experience without having to break the bank!
Owasso has an unemployment rate of 3.2%. The US average is 6.0%.
Owasso 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 38.0%, which is higher than the US average of 33.5%.
Tax Rates for Owasso
- The Sales Tax Rate for Owasso is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Owasso 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 Owasso
- The average income of a Owasso resident is $27,800 a year. The US average is $28,555 a year.
- The Median household income of a Owasso resident is $71,621 a year. The US average is $69,021 a year.