Whiteboro, OK is a great place to live. It’s a small town located in Grayson County that has a friendly atmosphere and plenty of amenities to offer its residents. The cost of living makes it attractive to those who want to save money while still enjoying their quality of life. The cost of two-bedroom rent is only $720—much lower than the US average of $1,430—making it an appealing option for newcomers and existing residents alike. Additionally, grocery costs are below the national average, with Whitesboro’s Grocery Cost Index at 91 versus 100 in the US. There are several businesses local to Whiteboro providing employment opportunities such as: Fox's Pizza Den, Superior Wrecker Service, and Red River Feed & Garden Center among many others. All these factors make Whitesboro not only an attractive place for people who value affordability but also those who want to enjoy the small-town environment and community feel that it offers.
Whitesboro has an unemployment rate of 6.7%. The US average is 6.0%.
Whitesboro has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Whitesboro
- The Sales Tax Rate for Whitesboro is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Whitesboro 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 Whitesboro
- The average income of a Whitesboro resident is $15,746 a year. The US average is $28,555 a year.
- The Median household income of a Whitesboro resident is $27,188 a year. The US average is $69,021 a year.