Sparks, OK is an affordable place to live with a 2 bedroom rent averaging $770 compared to the national average of $1,430. Living in Sparks allows residents to save money on groceries too, as the Grocery Cost Index is 92 versus 100 in the US. The city offers many attractions and amenities, including local businesses such as All-Ways Heating & Air Conditioning, Sparky’s Tire Shop, and Omega Auto Service. There are also several parks providing outdoor activities like hiking or fishing as well as community events such as festivals and concerts for everyone to enjoy. In addition, there are plenty of dining choices ranging from fast food restaurants to upscale bistros that make Sparks an enjoyable place to live.
Sparks has an unemployment rate of 3.6%. The US average is 6.0%.
Sparks has seen the job market increase by 2.3% 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 Sparks
- The Sales Tax Rate for Sparks is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Sparks 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 Sparks
- The average income of a Sparks resident is $15,162 a year. The US average is $28,555 a year.
- The Median household income of a Sparks resident is $56,250 a year. The US average is $69,021 a year.