Zip 73646 (Fay, OK) Economy


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United States / Oklahoma / No Metro Area / Dewey County / No City / Fay (zip 73646)
Fay, OK is a small city located in the state of Oklahoma. With a population of just over 2,000 people, Fay offers an affordable place to live and work. The average two bedroom rent in Fay is $790 which is significantly lower than the national average of $1430. Additionally, the Grocery Cost Index in Fay is 90 while it is 100 on average across the United States.
Fay has several companies that provide services to the local community such as Doolittle Catering, Red Dirt Fireworks, and Spillers Heating & Air Conditioning Inc. Doolittle Catering provides catering services for special events such as weddings or birthday parties while Red Dirt Fireworks sells fireworks for celebrations and special occasions. Finally, Spillers Heating & Air Conditioning Inc offer both residential and commercial HVAC installation and repair services so that local residents can keep their homes comfortable year-round.

Fay (zip 73646) has an unemployment rate of 3.4%. The US average is 6.0%.

Fay (zip 73646) has seen the job market increase by 7.4% over the last year. Future job growth over the next ten years is predicted to be 42.5%, which is higher than the US average of 33.5%.

Tax Rates for Fay (zip 73646)
- The Sales Tax Rate for Fay (zip 73646) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Fay (zip 73646) 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 Fay (zip 73646)
- The average income of a Fay (zip 73646) resident is $21,335 a year. The US average is $28,555 a year.
- The Median household income of a Fay (zip 73646) resident is $76,964 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFay, OklahomaUnited States
  3.46
  -8.2%-6.2%
  42.5%33.5%
  6.3%6.2%
  5.0%4.6%
  $52,467$37,638
  $76,964$69,021
  $89,659$85,028
  Population by Occupation
  1.3%1.2%
  7.9%0.5%
  39.5%6.8%
  20.4%10.0%
  2.0%2.5%
  0.7%11.0%
  7.9%4.8%
  3.3%0.8%
  0.0%1.9%
  7.2%4.7%
  0.0%1.9%
  2.0%7.6%
  0.0%0.1%
  0.7%4.2%
  0.0%9.3%
  2.6%14.0%
  0.0%2.1%
  3.9%7.0%
  0.0%4.8%
  0.7%4.7%
Health