Savanna, OK Economy


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Savanna, OK is located in the northwest corner of Oklahoma and is a great destination for visitors interested in experiencing unique local businesses and attractions. This small city offers an affordable cost of living compared to the US average with 2 bedroom rent at $770 per month. The Grocery Cost Index in Savanna is 91 versus the national rate of 100, making it an even better value for those looking to save money.
Local businesses within Savanna include Walnut Hill Farms, a family owned farm where visitors can pick their own seasonal fruits and vegetables; Hootin' Holler Stables, a horseback riding business offering guided trail rides through the beautiful nature trails around town; and Wildcat Creek Golf Course, an 18-hole championship golf course.
Travelers will also find plenty of other attractions to explore during their stay such as Fort Gibson Lake with its multiple boat ramps, fishing docks and beach areas; Kleanopark Water Park with its lazy river tube ride and various slides; The Cherokee Nation Casino which offers slots and table games in addition to restaurants, bars and live entertainment. Visitors can also learn more about the area’s history by visiting these historical sites: The 1880s Courthouse Museum that contains artifacts from the 19th century Native Americans who occupied this region or take a tour of The National Cemetery in nearby Fort Gibson where veterans from many wars are laid to rest.

Savanna has an unemployment rate of 5.5%. The US average is 6.0%.

Savanna has seen the job market increase by 4.7% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.

Tax Rates for Savanna
- The Sales Tax Rate for Savanna is 11.0%. The US average is 7.3%.
- The Income Tax Rate for Savanna 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 Savanna
- The average income of a Savanna resident is $24,826 a year. The US average is $28,555 a year.
- The Median household income of a Savanna resident is $50,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySavanna, OklahomaUnited States
  5.56
  -6.1%-6.2%
  36.5%33.5%
  11.0%6.2%
  5.0%4.6%
  $25,139$37,638
  $50,313$69,021
  $58,750$85,028
  Population by Occupation
  3.7%1.2%
  2.8%0.5%
  2.4%6.8%
  4.5%10.0%
  0.8%2.5%
  8.9%11.0%
  4.1%4.8%
  1.2%0.8%
  0.8%1.9%
  3.3%4.7%
  0.8%1.9%
  2.0%7.6%
  0.0%0.1%
  1.2%4.2%
  12.2%9.3%
  8.9%14.0%
  1.2%2.1%
  7.3%7.0%
  7.7%4.8%
  26.0%4.7%
Reviews for Savanna
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Over 8 years ago

I've lived in Savanna, Oklahoma for my entire life and I am 30 years old. I think this place is great but there has been 3  More

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