Zip 74425 (Canadian, OK) Economy


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74425 Canadian, Oklahoma is home to a number of small and local businesses. Companies such as Bob's Grocery Store offer quality fresh produce at affordable prices; their Cost Index is 92 compared to the national average of 100. The town also has multiple rental companies, with the average 2 Bedroom Rent cost clocking in at $810 - well below the US national rate of $1,430. 74425 Canadian offers a lower cost of living, making it an attractive place for those looking for affordable housing options and small business services.

Canadian (zip 74425) has an unemployment rate of 5.5%. The US average is 6.0%.

Canadian (zip 74425) has seen the job market increase by 4.7% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.

Tax Rates for Canadian (zip 74425)
- The Sales Tax Rate for Canadian (zip 74425) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Canadian (zip 74425) 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 Canadian (zip 74425)
- The average income of a Canadian (zip 74425) resident is $19,526 a year. The US average is $28,555 a year.
- The Median household income of a Canadian (zip 74425) resident is $43,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCanadian, OklahomaUnited States
  5.56
  -6.1%-6.2%
  36.5%33.5%
  6.0%6.2%
  5.0%4.6%
  $19,425$37,638
  $43,750$69,021
  $56,087$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  5.1%6.8%
  6.6%10.0%
  2.2%2.5%
  13.0%11.0%
  1.2%4.8%
  0.0%0.8%
  0.2%1.9%
  5.1%4.7%
  3.9%1.9%
  0.2%7.6%
  0.0%0.1%
  2.9%4.2%
  10.8%9.3%
  23.8%14.0%
  1.7%2.1%
  16.2%7.0%
  5.6%4.8%
  0.7%4.7%
Health