The Ardmore, OK Metro Area is a great place to live for those looking for affordable housing. The average two bedroom rent in the area is $870, which is significantly less than the US average of $1,430. Additionally, the grocery cost index in Ardmore is 90 compared to 100 in the US.
The area boasts many local companies such as Ardmore Mechanical Industries Inc., Southern Oklahoma Memorial Hospital, and Commerce Bank. Residents also have access to numerous shopping centers and restaurants offering local cuisine. With its lower cost of living and access to plenty of activities, Ardmore makes it easy to be comfortable and enjoy life in the metro area.
Ardmore Metro Area has an unemployment rate of 4.2%. The US average is 6.0%.
Ardmore Metro Area has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Ardmore Metro Area
- The Sales Tax Rate for Ardmore Metro Area is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Ardmore 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 Ardmore Metro Area
- The average income of a Ardmore Metro Area resident is $27,448 a year. The US average is $37,638 a year.
- The Median household income of a Ardmore Metro Area resident is $53,227 a year. The US average is $69,021 a year.