Paden, OK is a small town located in Oklahoma with a population of about 500 people. It has a rural feel to it but still offers many amenities for its citizens. Local companies in Paden include Paden Poultry Co., J&L Metalworks, and Paden Auto Parts. The cost of living in Paden is relatively affordable when compared to other places in the US. The average two-bedroom rent in Paden is $770 per month, which is significantly lower than the national average of $1,430. Additionally, grocery costs are about eight percent lower than the national average index. All these factors make Paden an attractive place to live for those looking for an affordable lifestyle.
Paden has an unemployment rate of 5.0%. The US average is 6.0%.
Paden has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 19.0%, which is lower than the US average of 33.5%.
Tax Rates for Paden
- The Sales Tax Rate for Paden is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Paden 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 Paden
- The average income of a Paden resident is $16,855 a year. The US average is $28,555 a year.
- The Median household income of a Paden resident is $43,056 a year. The US average is $69,021 a year.