Waurika, OK is a charming town located in Jefferson County. It has a total population of 1,800 people and is known for its quiet neighborhoods and friendly people. The cost of living in Waurika, OK is very affordable. Specifically, the average 2 bedroom rental is $700 whereas the US average for 2 bedroom rentals is at $1,430. Additionally, the grocery cost index in Waurika is 88 versus 100 in the US. This makes it an attractive place to live for those looking for an affordable lifestyle.
Local companies that can be found in Waurika include Waurika Auto Parts Center Inc., R & S Cabinets & More Inc., Trosper Oil Co Inc., and Hometown Insurance Agency LLC. In addition to these businesses, there are other small businesses that provide services to the local community such as restaurants, hair salons, and gas stations. With such a vibrant economy and low cost of living, Waurika has become an ideal place to call home.
Waurika has an unemployment rate of 3.8%. The US average is 6.0%.
Waurika has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 13.3%, which is lower than the US average of 33.5%.
Tax Rates for Waurika
- The Sales Tax Rate for Waurika is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Waurika 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 Waurika
- The average income of a Waurika resident is $19,064 a year. The US average is $28,555 a year.
- The Median household income of a Waurika resident is $34,904 a year. The US average is $69,021 a year.