Renfrow, OK Economy


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United States / Oklahoma / No Metro Area / Grant County / Renfrow / Zip Codes
Renfrow, OK is a great place to call home. The average 2 bedroom rent of $820 is much lower than the US 2 bedroom rent of $1,430. This provides an excellent opportunity for affordable living. Additionally, the Grocery Cost Index in Renfrow is 93 versus 100 in the US making it an even better deal for families looking to relocate here. There are many local companies and attractions that make Renfrow an attractive destination for both visitors and residents alike. Some of these include Amigo's Mexican Restaurant, Renfrow Skate Park, The Highwayman Bar & Grill, and The Black Horse Inn. With its lower cost of living and exciting attractions, Renfrow is a great place to live!

Renfrow has an unemployment rate of 2.4%. The US average is 6.0%.

Renfrow has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 1.9%, which is lower than the US average of 33.5%.

Tax Rates for Renfrow
- The Sales Tax Rate for Renfrow is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Renfrow 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 Renfrow
- The average income of a Renfrow resident is $29,806 a year. The US average is $37,638 a year.
- The Median household income of a Renfrow resident is $68,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRenfrow, OklahomaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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