Elk City, OK Metro Area is an ideal place to live if you're looking for affordability and convenience. The area features a two bedroom rent of $870, which is significantly lower than the US average price of $1,430. Additionally, Elk City also has a lower grocery cost index of 91 compared to the US's 100. Local companies in Elk City include Walmart, Target, Starbucks and many other popular eateries and retailers. There are also plenty of amenities in the area such as parks, libraries, museums and athletic centers. With all these features combined together, it's easy to see why this area is so attractive to those looking for an affordable place to live.
Elk City Metro Area has an unemployment rate of 5.0%. The US average is 6.0%.
Elk City Metro Area has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Elk City Metro Area
- The Sales Tax Rate for Elk City Metro Area is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Elk City 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 Elk City Metro Area
- The average income of a Elk City Metro Area resident is $25,654 a year. The US average is $28,555 a year.
- The Median household income of a Elk City Metro Area resident is $50,365 a year. The US average is $69,021 a year.