Zip 73717 (Alva, OK) Economy


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United States / Oklahoma / No Metro Area / Woods County / Alva / Alva (zip 73717)
Alva, Oklahoma (73717) is a small town located in northwestern Oklahoma. The average 2 bedroom rental cost in Alva is significantly lower than the US average at $770 compared to $1,430. Additionally, the cost of living index in Alva is 92 versus the US average of 100. This proves that Alva, OK is an affordable place to live and serves as a great option for those looking to save money.
Alva has several local companies that provide residents with essential services. These include H&L Supermarket which offers groceries and other supplies; Alva Discount Pharmacy which provides prescriptions and medical supplies; and Smith Auto Sales offering quality cars for purchase. All these businesses provide great services to the community and are beneficial for residents who want access to local resources.

Alva (zip 73717) has an unemployment rate of 2.2%. The US average is 6.0%.

Alva (zip 73717) has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 4.8%, which is lower than the US average of 33.5%.

Tax Rates for Alva (zip 73717)
- The Sales Tax Rate for Alva (zip 73717) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Alva (zip 73717) 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 Alva (zip 73717)
- The average income of a Alva (zip 73717) resident is $25,107 a year. The US average is $28,555 a year.
- The Median household income of a Alva (zip 73717) resident is $55,254 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlva, OklahomaUnited States
  2.26
  -1.0%-6.2%
  4.8%33.5%
  9.3%6.2%
  5.0%4.6%
  $28,310$37,638
  $55,254$69,021
  $78,261$85,028
  Population by Occupation
  9.3%1.2%
  3.3%0.5%
  3.3%6.8%
  7.4%10.0%
  0.1%2.5%
  12.3%11.0%
  3.4%4.8%
  2.2%0.8%
  0.2%1.9%
  3.6%4.7%
  2.9%1.9%
  2.6%7.6%
  0.1%0.1%
  2.0%4.2%
  18.4%9.3%
  11.1%14.0%
  1.2%2.1%
  7.0%7.0%
  4.8%4.8%
  4.9%4.7%
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