Watonga, OK is a small city located in Blaine County with a population of around 3,000 residents. It is a great place for families and individuals looking for an affordable lifestyle. The average 2-bedroom rent is only $700 compared to the national average of $1,430. Grocery costs are also lower than the US average index of 100 at 93.
The economy of Watonga revolves around industries such as agriculture, oil production, and tourism. There are several local businesses that contribute to the city's well-being including Stacy’s Country Corner Store which offers fresh fruits and vegetables; Watonga Tire Service providing vehicle repairs; and CMI Motors offering automotive sales.
Overall, Watonga is an attractive option when it comes to affordability. Low housing costs combined with overall low grocery prices makes it possible for anyone to enjoy all that the city has to offer while staying within their budget.
Watonga has an unemployment rate of 3.0%. The US average is 6.0%.
Watonga has seen the job market decrease by -10.4% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.
Tax Rates for Watonga
- The Sales Tax Rate for Watonga is 10.4%. The US average is 7.3%.
- The Income Tax Rate for Watonga 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 Watonga
- The average income of a Watonga resident is $17,521 a year. The US average is $37,638 a year.
- The Median household income of a Watonga resident is $44,303 a year. The US average is $69,021 a year.