Springer, OK is a small town located in southwest Oklahoma with a population of only 1,320. It is known for its affordability and its cost of living index is lower than the US average. 2 Bedroom rent in Springer is only $910 compared to the US average of $1,430. Grocery costs are also substantially lower than the national average with an index of 93 compared to 100 in the US. Those looking for affordable living should consider Springer, OK. The city has plenty of local businesses and attractions such as the Oklahoma State Fairgrounds, Braum’s Ice Cream and Dairy Stores, and Red River Inn and Suites. The area also offers plenty of recreational activities such as camping, biking trails, fishing spots, and disc golf courses.
Springer has an unemployment rate of 4.2%. The US average is 6.0%.
Springer has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Springer
- The Sales Tax Rate for Springer is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Springer 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 Springer
- The average income of a Springer resident is $17,259 a year. The US average is $28,555 a year.
- The Median household income of a Springer resident is $47,016 a year. The US average is $69,021 a year.