Red Rock, OK is an affordable and desirable place to live. The average 2 bedroom rent in Red Rock is $760 which is less than half of the national average of $1,430. Further, the Grocery Cost Index in Red Rock is 89 versus 100 in the US, making groceries more affordable. This makes Red Rock attractive for those looking to stretch their income further. Local companies include Bob’s Auto Repair, The Burger Hut, a cinema and bowling alley called Fun Town USA and Park Pharmacy.
Red Rock has an unemployment rate of 2.7%. The US average is 6.0%.
Red Rock has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Red Rock
- The Sales Tax Rate for Red Rock is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Red Rock 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 Red Rock
- The average income of a Red Rock resident is $13,345 a year. The US average is $28,555 a year.
- The Median household income of a Red Rock resident is $51,250 a year. The US average is $69,021 a year.