Elmore City, OK located in Garvin County is a small town with a population of about 1,480. The median rent for two bedrooms here is much lower than in other parts of the US, at $790 per month. Additionally, the cost of living index is 92 versus 100 in the US. Therefore, Elmore City is an ideal place to settle down if you are looking for an affordable place to live and raise a family. \nThe local economy has seen growth over the years mainly due to its location as well as new businesses opening up in town. Some of these include Elmore City Auto Parts, Backyard Bouncers LLC, Royal Transportation Services, J & S Cafe and Grocery Store, and Southern Cross Ranch. These businesses have helped to fuel economic growth and create job opportunities for local residents as well as attract more people into the area. There are also several recreational activities available nearby such as fishing, camping, hiking and more that make it a great spot for outdoor enthusiasts and nature lovers alike. With its low cost of living and easy access to amenities and services Elmore City makes an attractive option for those looking for a peaceful yet affordable place to call home.
Elmore City (zip 73433) has an unemployment rate of 4.2%. The US average is 6.0%.
Elmore City (zip 73433) has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.
Tax Rates for Elmore City (zip 73433)
- The Sales Tax Rate for Elmore City (zip 73433) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Elmore City (zip 73433) 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 Elmore City (zip 73433)
- The average income of a Elmore City (zip 73433) resident is $29,858 a year. The US average is $37,638 a year.
- The Median household income of a Elmore City (zip 73433) resident is $56,250 a year. The US average is $69,021 a year.