Thomas, OK is a small city located between Oklahoma City and Tulsa. It has long been a favorite destination for families looking to settle down in a safe and affordable place to live. The 2 bedroom rent is only $820 compared to the US average of $1,430 making it an attractive option for those on a budget. The grocery cost index in Thomas also compares favorably at 93 versus 100 in the US.
The area surrounding Thomas offers plenty of local amenities including art galleries, movie theaters, historic sites, parks, golf courses, horse back riding trails, and shopping options. There are also several notable companies located in the city such as Walmart Distribution Center, Tyson Foods Inc., Schneider Electric North America LLC., and Coca-Cola Bottling Co. Consolidated. With its low-cost living options and access to local amenities Thomas continues to be an attractive option for families looking to relocate.
Thomas has an unemployment rate of 3.5%. The US average is 6.0%.
Thomas has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.
Tax Rates for Thomas
- The Sales Tax Rate for Thomas is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Thomas 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 Thomas
- The average income of a Thomas resident is $24,491 a year. The US average is $28,555 a year.
- The Median household income of a Thomas resident is $60,000 a year. The US average is $69,021 a year.