Spiro, OK is a charming city located in the eastern part of the state. It offers a variety of amenities such as quality schools, local shops and restaurants, and plenty of outdoor activities. The cost of living is quite affordable compared to other cities due to its relatively low rent and grocery prices. For example, the average 2 bedroom rent in Spiro is $810, whereas it reaches $1,430 in the US. The Grocery Cost Index in Spiro is 91 versus 100 in the US. Residents can enjoy shopping at local stores such as Walmart or Lowe’s Home Improvement Center. There are also several notable companies that call Spiro home such as Imperial Lubricants and Stimson Lumber Company which have been operating in this town for decades. In conclusion, Spiro provides its residents with a comfortable lifestyle at an affordable price.
Spiro has an unemployment rate of 6.7%. The US average is 6.0%.
Spiro has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Spiro
- The Sales Tax Rate for Spiro is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Spiro 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 Spiro
- The average income of a Spiro resident is $18,440 a year. The US average is $28,555 a year.
- The Median household income of a Spiro resident is $29,669 a year. The US average is $69,021 a year.