Ripley, Oklahoma is a small town located in Payne County. The town is known for its easy access to outdoor recreation areas such as Grand Lake State Park and Keystone State Park. Various local businesses serve Ripley, including convenience stores, grocery stores, banks, restaurants and more. While some amenities may be limited due to the small population, residents have access to the necessities they need on a daily basis.
The cost of rent in Ripley is particularly affordable compared to other parts of the United States. 2 bedroom rental homes are available for around $920 per month whereas similar properties across the country average around $1,430 per month. This makes Ripley an attractive option for those looking for affordable housing options. Additionally, groceries are priced lower than in other parts of the country with an index score at 92 compared to 100 nationally.
Ripley has an unemployment rate of 3.4%. The US average is 6.0%.
Ripley 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 Ripley
- The Sales Tax Rate for Ripley is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Ripley 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 Ripley
- The average income of a Ripley resident is $17,844 a year. The US average is $28,555 a year.
- The Median household income of a Ripley resident is $39,375 a year. The US average is $69,021 a year.