Tupelo, OK Economy


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United States / Oklahoma / No Metro Area / Coal County / Tupelo / Zip Codes
Tupelo, OK is a small town with a population of around 3,500 people. Despite its size, Tupelo has quite a few attractions and businesses to offer. One of the main attractions in Tupelo is the gorgeous Lake Eufaula State Park which offers various outdoor activities such as fishing, boating, camping and more. The city also has several local businesses like Dollar General, Walmart Supercenter and many other stores. There are also some restaurants in Tupelo that serve delicious food like the classic Oklahoma favorites. In addition to these amenities, the rent for a two-bedroom apartment in Tupelo is much lower than the US average at $790 per month compared to $1,430. Additionally, grocery costs in Tupelo are cheaper than elsewhere in the US with an index rating of 91 compared to 100 on average nationwide. All these factors make Tupelo an attractive option for those looking to settle down in a smaller community with plenty of amenities and affordable living costs.

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

Tupelo has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Tupelo
- The Sales Tax Rate for Tupelo is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Tupelo 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 Tupelo
- The average income of a Tupelo resident is $14,174 a year. The US average is $28,555 a year.
- The Median household income of a Tupelo resident is $31,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTupelo, OklahomaUnited States
  66
  -8.6%-6.2%
  24.5%33.5%
  9.5%6.2%
  5.0%4.6%
  $16,892$37,638
  $31,563$69,021
  $36,250$85,028
  Population by Occupation
  8.3%1.2%
  2.1%0.5%
  9.4%6.8%
  5.2%10.0%
  0.0%2.5%
  20.8%11.0%
  1.0%4.8%
  0.0%0.8%
  0.0%1.9%
  1.0%4.7%
  0.0%1.9%
  9.4%7.6%
  0.0%0.1%
  3.1%4.2%
  4.2%9.3%
  12.5%14.0%
  0.0%2.1%
  4.2%7.0%
  10.4%4.8%
  8.3%4.7%
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