Watts, OK is a small town located in Oklahoma with a population of about 537 people according to the 2010 US Census. The cost of living in Watts is significantly lower than the rest of the country; rent for a two bedroom apartment is only $810 compared to the national average of $1,430. Similarly, groceries are cheaper as well - the grocery cost index in Watts is 92, while it's 100 in the US.
Businesses nearby include RVH Grocery, Day's Café, and Prevo's Auto Parts. There are also several local churches and gas stations scattered throughout town. Watts offers all residents access to basic amenities without having to pay extra for them when compared to other cities across America.
Watts has an unemployment rate of 3.7%. The US average is 6.0%.
Watts has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.
Tax Rates for Watts
- The Sales Tax Rate for Watts is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Watts 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 Watts
- The average income of a Watts resident is $11,560 a year. The US average is $28,555 a year.
- The Median household income of a Watts resident is $29,250 a year. The US average is $69,021 a year.