Cleveland, OK (74020) is an affordable place to live with its average two bedroom rent of $840 which is much lower than the US average of $1,430. The cost of groceries in Cleveland is also relatively less expensive compared to other places in the US, according to the Grocery Cost Index. The grocery cost index for Cleveland is 92 while it is 100 in the US. There are also a few local companies like Southwest TV & Appliance Inc., T&N Plantscapes Inc., and RLB Electric LLC that offer goods and services within Cleveland. Overall, Cleveland offers affordable living expenses when compared to other cities in the US.
Cleveland (zip 74020) has an unemployment rate of 4.2%. The US average is 6.0%.
Cleveland (zip 74020) has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 28.7%, which is lower than the US average of 33.5%.
Tax Rates for Cleveland (zip 74020)
- The Sales Tax Rate for Cleveland (zip 74020) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Cleveland (zip 74020) 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 Cleveland (zip 74020)
- The average income of a Cleveland (zip 74020) resident is $26,517 a year. The US average is $37,638 a year.
- The Median household income of a Cleveland (zip 74020) resident is $55,000 a year. The US average is $69,021 a year.