Tyrone, OK is a small town that offers an affordable cost of living. The average rent for a 2 bedroom apartment in Tyrone is $890 compared to the US average of $1,430. Groceries are also less expensive with the Grocery Cost Index in Tyrone at 88 versus 100 in the US. Not only is the cost of living low, but there are numerous local businesses to provide job opportunities to its citizens. Some local business include Paint & Powder Coating Inc., H&H Feed Store, and Bank of Tyrone. Living in Tyrone is both convenient and budget friendly making it an ideal place to live!
Tyrone has an unemployment rate of 1.6%. The US average is 6.0%.
Tyrone has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.
Tax Rates for Tyrone
- The Sales Tax Rate for Tyrone is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Tyrone 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 Tyrone
- The average income of a Tyrone resident is $15,461 a year. The US average is $37,638 a year.
- The Median household income of a Tyrone resident is $0 a year. The US average is $69,021 a year.