Teresita, OK is a small town situated in the midwest part of Oklahoma. The 2 bedroom rent for Teresita, OK is $840, which is significantly lower than the US average rent of $1,430. Moreover, the Grocery Cost Index in Teresita, OK is 93 versus 100 in the US. This makes living cost in Teresita very affordable and attractive. The town has an array of local companies such as Fentonin's General Store, Johnson Plumbing Services, Humboldt's Cafe and Bakery and Moore Automotive Repair. All these businesses provide a variety of services to the locals and help boost the economy of Teresita.
Teresita has an unemployment rate of 4.2%. The US average is 6.0%.
Teresita 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 Teresita
- The Sales Tax Rate for Teresita is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Teresita 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 Teresita
- The average income of a Teresita resident is $18,351 a year. The US average is $28,555 a year.
- The Median household income of a Teresita resident is $71,875 a year. The US average is $69,021 a year.