The city of Enid, OK (73701) is a small city with a population of around 50,000 people. Despite its small size, the city offers a variety of amenities and opportunities for its residents. The average 2 bedroom rent in Enid is $860 which is significantly lower than the national average of $1,430. Grocery cost index in Enid is also lower than the US average at 90 versus 100.
Enid has plenty of local businesses providing employment to locals such as Vance Air Force Base, Northwest Technology Center, and Oklahoma Wesleyan University. The economy of Enid has seen steady growth over the past decade with unemployment rate well below the national average. Major employers like OG&E are helping to drive economic growth while investments from other companies like Walmart are helping to create new jobs for locals.
Enid (zip 73701) has an unemployment rate of 3.7%. The US average is 6.0%.
Enid (zip 73701) has seen the job market decrease by -2.9% over the last year. Future job growth over the next ten years is predicted to be 9.7%, which is lower than the US average of 33.5%.
Tax Rates for Enid (zip 73701)
- The Sales Tax Rate for Enid (zip 73701) is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Enid (zip 73701) 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 Enid (zip 73701)
- The average income of a Enid (zip 73701) resident is $22,568 a year. The US average is $37,638 a year.
- The Median household income of a Enid (zip 73701) resident is $48,163 a year. The US average is $69,021 a year.