Delaware, Oklahoma is a small town with a population of 74027. It offers affordable living, with two bedroom rent averaging at $810 per month compared to the national average of $1430. Grocery costs are also cheaper in Delaware than the US index of 100, coming in at 91 on the index. The local economy has been driven mainly by its agricultural roots and other industries like oil and gas extraction and manufacturing. Local companies include Delaware Farmers Co-Op Inc., which provides feed, seed, fertilizer, chemical and general farm supplies for area farmers; Energas Corporation, which produces natural gas storage systems; and Delaware Manufacturing Company, Inc., which specializes in producing machinery parts for various industries.
Delaware (zip 74027) has an unemployment rate of 3.8%. The US average is 6.0%.
Delaware (zip 74027) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 16.8%, which is lower than the US average of 33.5%.
Tax Rates for Delaware (zip 74027)
- The Sales Tax Rate for Delaware (zip 74027) is 8.5%. The US average is 7.3%.
- The Income Tax Rate for Delaware (zip 74027) 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 Delaware (zip 74027)
- The average income of a Delaware (zip 74027) resident is $22,457 a year. The US average is $37,638 a year.
- The Median household income of a Delaware (zip 74027) resident is $45,000 a year. The US average is $69,021 a year.