Wellston, OK Economy


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Wellston, OK is a small town located near Oklahoma City. The population size is unknown, but the cost of living is lower than many other places in the US. For example, 2 bedroom rent in Wellston costs $830 compared to the national average of $1,430. Similarly, the Grocery Cost Index in Wellston is 92 versus 100 in the US. Many local businesses thrive there such as Wal-Mart Supercenter, Circle K convenience store, Wellston Family Diner and more. Overall, this small Oklahoman town offers residents an affordable and comfortable place to live at a fraction of what it would cost elsewhere.

Wellston has an unemployment rate of 3.6%. The US average is 6.0%.

Wellston has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.

Tax Rates for Wellston
- The Sales Tax Rate for Wellston is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Wellston 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 Wellston
- The average income of a Wellston resident is $21,297 a year. The US average is $28,555 a year.
- The Median household income of a Wellston resident is $53,305 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWellston, OklahomaUnited States
  3.66
  -2.8%-6.2%
  29.6%33.5%
  5.5%6.2%
  5.0%4.6%
  $29,666$37,638
  $53,305$69,021
  $66,944$85,028
  Population by Occupation
  1.3%1.2%
  0.9%0.5%
  15.3%6.8%
  8.1%10.0%
  0.6%2.5%
  21.3%11.0%
  3.1%4.8%
  0.0%0.8%
  1.9%1.9%
  5.9%4.7%
  0.6%1.9%
  5.6%7.6%
  0.0%0.1%
  0.9%4.2%
  7.2%9.3%
  8.4%14.0%
  2.5%2.1%
  5.6%7.0%
  0.9%4.8%
  9.7%4.7%
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