Westport, Oklahoma is a small town located in the south-central region of the state. The cost of living is lower than the rest of the US, making Westport an ideal location for people looking to save money. Rent for a two-bedroom apartment in Westport is $840 per month, compared to $1,430 nationally. Additionally, grocery prices in Westport are below the national average with an index rating of 92 versus 100 in the US. Popular local companies include Westport Logging Company, Creative Custom Gear, and Dyer Forge & Farrier Supply. In conclusion, Westport has lower costs than many other parts of the country on both rent and groceries making it an attractive option for potential residents looking to budget responsibly.
Westport has an unemployment rate of 4.2%. The US average is 6.0%.
Westport 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 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Westport
- The Sales Tax Rate for Westport is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Westport 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 Westport
- The average income of a Westport resident is $30,668 a year. The US average is $28,555 a year.
- The Median household income of a Westport resident is $74,519 a year. The US average is $69,021 a year.