The small town of Burns Flat, Oklahoma is home to just over 1,100 people. Despite its size, the cost of living in this city is well below the US national average. The average rent for 2 bedroom apartments is just $720 per month, compared to the US average of $1,430 per month. Groceries are also much more affordable in Burns Flat than other places. The grocery cost index is 92 compared to the US index of 100. This makes it easy for residents to save money. Local companies like Walmart Supercenter and Country Mart offer competitive prices on groceries and other essentials. The Dollar General also offers great deals on a variety of items. Residents can even purchase their meals from local restaurants like Pizza Time or Subway at a discounted rate.
Burns Flat (zip 73624) has an unemployment rate of 4.9%. The US average is 6.0%.
Burns Flat (zip 73624) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.
Tax Rates for Burns Flat (zip 73624)
- The Sales Tax Rate for Burns Flat (zip 73624) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Burns Flat (zip 73624) 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 Burns Flat (zip 73624)
- The average income of a Burns Flat (zip 73624) resident is $18,295 a year. The US average is $28,555 a year.
- The Median household income of a Burns Flat (zip 73624) resident is $45,417 a year. The US average is $69,021 a year.