Arkoma, OK is a small town located in LeFlore County with an estimated population of 1,246. It is known for its affordable 2 bedroom rental cost of $720 compared to the national average of $1,430. Grocery Cost Index in Arkoma is 89 versus 100 in the US, which means that groceries are even more affordable than other places. Local businesses around Arkoma include B & W Feed Mill, Walmart Supercenter, Cherokee Casino, and Hillbilly's Food Mart. These companies provide residents with essential goods and services at competitive prices.
Arkoma (zip 74901) has an unemployment rate of 6.7%. The US average is 6.0%.
Arkoma (zip 74901) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Arkoma (zip 74901)
- The Sales Tax Rate for Arkoma (zip 74901) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Arkoma (zip 74901) 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 Arkoma (zip 74901)
- The average income of a Arkoma (zip 74901) resident is $20,217 a year. The US average is $37,638 a year.
- The Median household income of a Arkoma (zip 74901) resident is $31,714 a year. The US average is $69,021 a year.