Shady Grove (Cherokee County), OK Economy


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Shady Grove (Cherokee Cnty), OK is a great small town with plenty of things to do. Not only does it offer affordable living- 2 bedroom rent being $1,020, but also offers a variety of different businesses to enjoy. Companies such as Smith's Landscaping & Lawn Care, Panther Creek Mechanical Solutions, and Gator Feed Store provide locals with goods and services. Entertainment is not in short supply here either; there are plenty of parks and recreational activities available for visitors and locals alike. For those looking for employment opportunities, Shady Grove has many options within the area. Various retailers, restaurants, medical facilities, automotive shops, and other industries are all expanding their operations here. With its low cost of living and abundance of amenities available, it is easy to see why so many people choose to call Shady Grove their home.

Shady Grove (Cherokee County) has an unemployment rate of 4.2%. The US average is 6.0%.

Shady Grove (Cherokee County) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.

Tax Rates for Shady Grove (Cherokee County)
- The Sales Tax Rate for Shady Grove (Cherokee County) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Shady Grove (Cherokee County) 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 Shady Grove (Cherokee County)
- The average income of a Shady Grove (Cherokee County) resident is $27,643 a year. The US average is $37,638 a year.
- The Median household income of a Shady Grove (Cherokee County) resident is $60,938 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyShady Grove (Cherokee County), OklahomaUnited States
  4.26
  2.9%-6.2%
  20.1%33.5%
  6.3%6.2%
  5.0%4.6%
  $27,643$37,638
  $60,938$69,021
  $68,207$85,028
  Population by Occupation
  3.3%1.2%
  11.5%0.5%
  14.8%6.8%
  2.2%10.0%
  4.4%2.5%
  2.2%11.0%
  0.0%4.8%
  7.1%0.8%
  0.0%1.9%
  3.8%4.7%
  2.7%1.9%
  1.1%7.6%
  0.0%0.1%
  2.7%4.2%
  5.5%9.3%
  9.9%14.0%
  0.0%2.1%
  6.0%7.0%
  1.6%4.8%
  20.9%4.7%
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