Zip 73703 (Enid, OK) Economy


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Enid, Oklahoma is a great place to live and work, with affordable rent prices and cost of living compared to other parts of the US. The average 2 bedroom rent in Enid is $990, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Enid is 96 compared to 100 in the US; this shows that groceries are much more affordable here than in other areas.
Enid has a thriving economy and many local businesses that create jobs for residents. Businesses like RCB Bank, Vance Air Force Base, Bancfirst Corporation, OG&E Electric Services Inc., and Autozone are all located in Enid and employ many people from the area. With its low rent prices and cost of living index as well as its many job opportunities, Enid is an excellent place to live.

Enid (zip 73703) has an unemployment rate of 3.7%. The US average is 6.0%.

Enid (zip 73703) 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 9.7%, which is lower than the US average of 33.5%.

Tax Rates for Enid (zip 73703)
- The Sales Tax Rate for Enid (zip 73703) is 9.1%. The US average is 7.3%.
- The Income Tax Rate for Enid (zip 73703) 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 73703)
- The average income of a Enid (zip 73703) resident is $31,451 a year. The US average is $28,555 a year.
- The Median household income of a Enid (zip 73703) resident is $66,863 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEnid, OklahomaUnited States
  3.76
  -2.9%-6.2%
  9.7%33.5%
  9.1%6.2%
  5.0%4.6%
  $35,124$37,638
  $66,863$69,021
  $82,586$85,028
  Population by Occupation
  0.4%1.2%
  6.6%0.5%
  7.1%6.8%
  5.2%10.0%
  2.5%2.5%
  12.5%11.0%
  5.6%4.8%
  1.1%0.8%
  1.1%1.9%
  3.0%4.7%
  1.7%1.9%
  3.1%7.6%
  0.8%0.1%
  2.3%4.2%
  9.1%9.3%
  13.5%14.0%
  1.7%2.1%
  7.5%7.0%
  7.9%4.8%
  7.4%4.7%
Health