Ada Metro Area, OK Economy


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United States / Oklahoma / Ada Metro Area / Counties / Cities / Zip Codes
Ada, OK Metro Area is a great place to live. The average rent for a 2 bedroom apartment is $820, which is significantly lower than the US average of $1,430. Additionally, Ada also has some of the lowest grocery costs in the US with an index of 92 as opposed to the national average of 100. There are many well known companies located in Ada such as East Central University and Ada Public Schools, as well as several smaller businesses providing employment opportunities for locals. When it comes to entertainment, Ada offers plenty of activities from the Pontotoc Ridge Wildlife Management Area perfect for outdoor enthusiasts to the McSwain Theatre featuring great shows year round. All in all, Ada is an excellent place to call home!

Ada Metro Area has an unemployment rate of 3.8%. The US average is 6.0%.

Ada Metro Area has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Ada Metro Area
- The Sales Tax Rate for Ada Metro Area is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Ada Metro Area 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 Ada Metro Area
- The average income of a Ada Metro Area resident is $21,556 a year. The US average is $28,555 a year.
- The Median household income of a Ada Metro Area resident is $55,862 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAda, OklahomaUnited States
  3.86
  -0.2%-6.2%
  29.8%33.5%
  5.4%6.2%
  5.0%4.6%
  $28,247$37,638
  $55,862$69,021
  $69,815$85,028
  Population by Occupation
  1.2%1.2%
  2.3%0.5%
  7.8%6.8%
  8.2%10.0%
  2.4%2.5%
  10.1%11.0%
  2.2%4.8%
  1.5%0.8%
  1.2%1.9%
  2.7%4.7%
  1.5%1.9%
  4.4%7.6%
  0.0%0.1%
  3.8%4.2%
  11.7%9.3%
  18.3%14.0%
  2.0%2.1%
  4.1%7.0%
  3.8%4.8%
  10.8%4.7%
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