73542 Frederick, Oklahoma is a small town located in Tillman County. It has a population of 3,744 people according to the 2019 census. The median 2 bedroom rent in Frederick is $550, which is significantly lower than the US median rent of $1,430. The Grocery Cost Index for Frederick is 87 versus 100 in the US. This makes it an attractive destination for those looking to save money on housing costs.
In terms of local companies and services, there are several banks and grocery stores in the area such as First Bank & Trust Co., BancFirst, Harp's Food Store, Walmart Supercenter and Aldi. Individuals can also find medical clinics like Frederick Community Clinic and Country Road Mental Health Clinic nearby. There are many other amenities available in town such as restaurants, salons, hardware stores and auto shops. All of these businesses make living in 73542 Frederick an enjoyable experience.
Frederick (zip 73542) has an unemployment rate of 4.0%. The US average is 6.0%.
Frederick (zip 73542) has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.
Tax Rates for Frederick (zip 73542)
- The Sales Tax Rate for Frederick (zip 73542) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Frederick (zip 73542) 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 Frederick (zip 73542)
- The average income of a Frederick (zip 73542) resident is $20,645 a year. The US average is $37,638 a year.
- The Median household income of a Frederick (zip 73542) resident is $40,585 a year. The US average is $69,021 a year.