Erick, OK (zip code 73645) is an ideal location for individuals or families looking to enjoy a lower cost of living. The average 2 bedroom rental rate for Erick is $760 per month compared to the US average rate of $1,430. Additionally, the Grocery Cost Index in Erick is 90 versus the US index of 100. This means that groceries are generally less expensive here.
There are several local businesses in Erick, including IBC Bank, Mid-America Feedyard LLC, G & J Oil Company Inc., and Dean's Country Store. These businesses provide excellent products and services to customers in Erick ranging from banking and finance services to agricultural supplies and grocery items.
Overall, the cost of living in Erick is very attractive for those looking for an inexpensive yet comfortable place to call home. With relatively low rental costs, grocery prices, and access to local businesses providing essential goods and services, it's no wonder that many people choose to make their home in this charming Oklahoma town.
Erick (zip 73645) has an unemployment rate of 5.0%. The US average is 6.0%.
Erick (zip 73645) has seen the job market decrease by -8.3% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Erick (zip 73645)
- The Sales Tax Rate for Erick (zip 73645) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Erick (zip 73645) 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 Erick (zip 73645)
- The average income of a Erick (zip 73645) resident is $24,466 a year. The US average is $37,638 a year.
- The Median household income of a Erick (zip 73645) resident is $59,219 a year. The US average is $69,021 a year.