Perkins, OK is a small town located in Payne county with a population of approximately 3,000 people. It is known for its low rental costs with the average two bedroom rent being $810 compared to the US average of $1,430. The cost of living is also quite low in Perkins as the Grocery Cost Index is 95 versus 100 in the US. The local economy consists of several businesses including Joe's Auto Repair, Smith's Nursery and Garden center, and O'Neill's Barbecue. These businesses provide locals with access to necessary services and products.
Perkins has an unemployment rate of 3.4%. The US average is 6.0%.
Perkins has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Perkins
- The Sales Tax Rate for Perkins is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Perkins 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 Perkins
- The average income of a Perkins resident is $20,037 a year. The US average is $28,555 a year.
- The Median household income of a Perkins resident is $46,273 a year. The US average is $69,021 a year.