Zip 73620 (Arapaho, OK) Economy


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The small town of Arapaho, Oklahoma (73620) is an ideal place to live for those looking to enjoy a peaceful lifestyle without breaking the bank. The average two-bedroom rent in Arapaho is $820 per month – much lower than the US average of $1,430. Similarly, the Grocery Cost Index in Arapaho is 94 compared to 100 in the US. Not only are living costs low, but there are plenty of local businesses which residents can support. These include Dowell's Grocery Store, Red River Pharmacy, Dollar General, Prime Time Supply Co. and Tucker's Tool & Equipment; all offering competitive prices.

Arapaho (zip 73620) has an unemployment rate of 3.5%. The US average is 6.0%.

Arapaho (zip 73620) has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 28.9%, which is lower than the US average of 33.5%.

Tax Rates for Arapaho (zip 73620)
- The Sales Tax Rate for Arapaho (zip 73620) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Arapaho (zip 73620) 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 Arapaho (zip 73620)
- The average income of a Arapaho (zip 73620) resident is $30,431 a year. The US average is $28,555 a year.
- The Median household income of a Arapaho (zip 73620) resident is $56,346 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArapaho, OklahomaUnited States
  3.56
  -5.6%-6.2%
  28.9%33.5%
  8.0%6.2%
  5.0%4.6%
  $20,558$37,638
  $56,346$69,021
  $66,731$85,028
  Population by Occupation
  18.4%1.2%
  5.4%0.5%
  3.9%6.8%
  6.0%10.0%
  3.0%2.5%
  22.4%11.0%
  2.1%4.8%
  0.5%0.8%
  0.0%1.9%
  0.8%4.7%
  0.0%1.9%
  6.3%7.6%
  0.0%0.1%
  5.0%4.2%
  3.3%9.3%
  13.0%14.0%
  0.0%2.1%
  0.0%7.0%
  1.8%4.8%
  8.1%4.7%
Health