Ponca City, OK Metro Area is a great place to live with many local companies and businesses. Rent is much more affordable than the national average, making it a desirable location for those on a budget. Not only is the rent rate lower here, but also grocery costs are significantly lower than the national average of 100. Local businesses include Walmart and Lowe's Home Improvement store for shopping, while popular restaurants in the area include Los Compadres Mexican Restaurant, The Burger Station, and Las Palmas Mexican Restaurant. Additionally there are plenty of recreational activities in Ponca City such as visiting Marland Mansion or walking at Lake Ponca Park. All in all, Ponca City offers an excellent quality of life at an affordable price.
Ponca City Metro Area has an unemployment rate of 4.5%. The US average is 6.0%.
Ponca City Metro Area has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 22.4%, which is lower than the US average of 33.5%.
Tax Rates for Ponca City Metro Area
- The Sales Tax Rate for Ponca City Metro Area is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Ponca 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 Ponca City Metro Area
- The average income of a Ponca City Metro Area resident is $27,323 a year. The US average is $37,638 a year.
- The Median household income of a Ponca City Metro Area resident is $50,391 a year. The US average is $69,021 a year.