Latimer County, OK Economy


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United States / Oklahoma / No Metro Area / Latimer County / Cities / Zip Codes
Latimer, OK County is a great place to live. Its low rent prices of $800 per month for two bedroom apartments make it an affordable location for individuals or families on a budget. The cost of groceries in Latimer is also lower than the national average, with an index of 91 compared to the US's 100. This makes it ideal for people looking to stretch their dollars further. The county also offers a range of local businesses and services like Latimer Country Club, North Cross Shopping Center, and many more that make it a great place to live.

Latimer County has an unemployment rate of 8.6%. The US average is 6.0%.

Latimer County 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 2.9%, which is lower than the US average of 33.5%.

Tax Rates for Latimer County
- The Sales Tax Rate for Latimer County is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Latimer County 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 Latimer County
- The average income of a Latimer County resident is $22,065 a year. The US average is $28,555 a year.
- The Median household income of a Latimer County resident is $39,939 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLatimer, OklahomaUnited States
  8.66
  -2.7%-6.2%
  2.9%33.5%
  6.3%6.2%
  5.0%4.6%
  $26,072$37,638
  $39,939$69,021
  $54,288$85,028
  Population by Occupation
  3.1%1.2%
  5.5%0.5%
  6.8%6.8%
  5.8%10.0%
  1.7%2.5%
  10.9%11.0%
  5.3%4.8%
  2.6%0.8%
  1.9%1.9%
  3.7%4.7%
  1.0%1.9%
  3.8%7.6%
  0.1%0.1%
  3.3%4.2%
  8.4%9.3%
  16.8%14.0%
  1.1%2.1%
  3.8%7.0%
  5.4%4.8%
  9.1%4.7%
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