Zip 74723 (Bennington, OK) Economy


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Bennington, Oklahoma (zip code 74723) is a small town located in Bryan County. It has a population of just over 1,000 people and is known for its friendly atmosphere and family-friendly environment. The average two-bedroom rent in Bennington is $730 which is much lower than the US average of $1,430. The local grocery cost index is also lower than the US average at 95 versus 100 in the US. This means that residents of Bennington can enjoy an affordable cost of living that allows them to get more for their money when shopping for groceries. Local companies that serve the area include a variety of convenience stores, restaurants, and gas stations. Bennington offers a relaxed lifestyle where locals can benefit from low rental prices and relatively inexpensive living costs.

Bennington (zip 74723) has an unemployment rate of 3.6%. The US average is 6.0%.

Bennington (zip 74723) has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 56.7%, which is higher than the US average of 33.5%.

Tax Rates for Bennington (zip 74723)
- The Sales Tax Rate for Bennington (zip 74723) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Bennington (zip 74723) 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 Bennington (zip 74723)
- The average income of a Bennington (zip 74723) resident is $26,547 a year. The US average is $28,555 a year.
- The Median household income of a Bennington (zip 74723) resident is $36,328 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBennington, OklahomaUnited States
  3.66
  2.5%-6.2%
  56.7%33.5%
  5.0%6.2%
  5.0%4.6%
  $24,253$37,638
  $36,328$69,021
  $39,519$85,028
  Population by Occupation
  11.0%1.2%
  3.1%0.5%
  7.6%6.8%
  4.7%10.0%
  2.6%2.5%
  8.1%11.0%
  12.0%4.8%
  0.8%0.8%
  0.3%1.9%
  3.4%4.7%
  0.5%1.9%
  1.3%7.6%
  0.0%0.1%
  0.3%4.2%
  3.7%9.3%
  10.2%14.0%
  14.1%2.1%
  4.7%7.0%
  3.7%4.8%
  7.9%4.7%
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