Stonewall, OK Economy


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Stonewall, OK is a small town located in northwestern Oklahoma. It has a population of about 1,000 people and is known for its tight-knit community spirit. The cost of living in Stonewall is lower than the national average - 2 bedroom rent costs $840 compared to $1,430 nationally; while the Grocery Cost Index stands at 93 compared to 100 across the US. Local companies in Stonewall include an auto repair business, a farm equipment store and a gas station. The average median household income in Stonewall is approximately $36,000 – much lower than the national average.

Stonewall has an unemployment rate of 3.8%. The US average is 6.0%.

Stonewall has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Stonewall
- The Sales Tax Rate for Stonewall is 4.8%. The US average is 7.3%.
- The Income Tax Rate for Stonewall 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 Stonewall
- The average income of a Stonewall resident is $14,405 a year. The US average is $28,555 a year.
- The Median household income of a Stonewall resident is $51,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStonewall, OklahomaUnited States
  3.86
  -0.2%-6.2%
  29.8%33.5%
  5.4%6.2%
  5.0%4.6%
  $22,785$37,638
  $51,000$69,021
  $56,250$85,028
  Population by Occupation
  1.1%1.2%
  4.8%0.5%
  13.2%6.8%
  4.2%10.0%
  3.2%2.5%
  10.1%11.0%
  3.7%4.8%
  0.0%0.8%
  0.5%1.9%
  1.1%4.7%
  0.0%1.9%
  2.6%7.6%
  0.0%0.1%
  5.8%4.2%
  2.6%9.3%
  22.8%14.0%
  2.6%2.1%
  2.6%7.0%
  7.9%4.8%
  11.1%4.7%
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