Tonkawa, OK is a small town located in the northern part of Oklahoma. It's population size may be small but it offers a great variety of activities and culture to its residents. The 2 Bedroom Rent in Tonkawa, OK is significantly lower than the national average, costing only $710 compared to $1,430 across the US. Additionally, Tonkawa also has an advantageous grocery cost index of 90 compared to 100 nation wide. Local businesses in Tonkawa includes Valco Industries Inc., Elm Creek Logistics LLC., and Thorpe's Auto Maintenance & Repair. These companies provide an array of services from manufacturing, logistics, and automotive maintenance that serve to benefit the community and its residents.
Tonkawa has an unemployment rate of 4.5%. The US average is 6.0%.
Tonkawa 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 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Tonkawa
- The Sales Tax Rate for Tonkawa is 9.7%. The US average is 7.3%.
- The Income Tax Rate for Tonkawa 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 Tonkawa
- The average income of a Tonkawa resident is $19,028 a year. The US average is $28,555 a year.
- The Median household income of a Tonkawa resident is $50,819 a year. The US average is $69,021 a year.