Wilburton, OK is a small town situated in Latimer County with a population of approximately 4,000 people. It is a vibrant community with several local companies such as Wilburton Tire & Auto Center, Thomas’ Heating & Air Conditioning, and Wilburton Family Pharmacy. The cost of living in Wilburton is quite affordable compared to other US cities. The average rent for a 2 bedroom apartment is $720, which is significantly lower than the national average of $1,430. Furthermore, the Grocery Cost Index in Wilburton is 91 versus 100 in the US indicating that grocery costs are cheaper than most places across America. Overall, Wilburton provides an affordable and welcoming atmosphere for its citizens to live and work.
Wilburton has an unemployment rate of 8.6%. The US average is 6.0%.
Wilburton has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 3.6%, which is lower than the US average of 33.5%.
Tax Rates for Wilburton
- The Sales Tax Rate for Wilburton is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Wilburton 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 Wilburton
- The average income of a Wilburton resident is $21,510 a year. The US average is $28,555 a year.
- The Median household income of a Wilburton resident is $37,831 a year. The US average is $69,021 a year.