The Miami, OK Metro Area is a great place to live and work. It is known for its low cost of living, with an average two bedroom rent of $800 compared to the US average of $1,430. The area also has a low grocery cost index of 92 compared to the US average of 100. Local companies in the area include Integris Health Systems, Northeastern State University, Banks Public Schools, and QuikTrip Corporation. These local businesses have helped make Miami a great place to live while providing quality jobs and services to the community.
Miami Metro Area has an unemployment rate of 3.4%. The US average is 6.0%.
Miami Metro Area has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 27.5%, which is lower than the US average of 33.5%.
Tax Rates for Miami Metro Area
- The Sales Tax Rate for Miami Metro Area is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Miami 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 Miami Metro Area
- The average income of a Miami Metro Area resident is $18,231 a year. The US average is $28,555 a year.
- The Median household income of a Miami Metro Area resident is $42,311 a year. The US average is $69,021 a year.