Gracemont, Oklahoma (73042) is a small town in Caddo County with an approximate population of 273 people. Rent for two bedroom homes in Gracemont is $710 per month, which is significantly lower than the US average rate of $1,430. Grocery costs are also lower in Gracemont with a Grocery Cost Index of 92 compared to 100 nationally.
The town has several local businesses that support the needs of its citizens. Some include a grocery store called Danny’s Food Mart, a hardware store named Lee’s Hardware & Feed and an auto repair garage called Bennett’s Auto Repair. There are also convenience stores such as Jimmy’s Corner Store and Brimhall Quick Stop. For those seeking entertainment, there are restaurants like Country Diner and bars such as the Last Chance Saloon & Grill. Finally, there is also a pharmacy called Gracemont Pharmacy for all your medical needs.
Gracemont (zip 73042) has an unemployment rate of 3.9%. The US average is 6.0%.
Gracemont (zip 73042) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 38.8%, which is higher than the US average of 33.5%.
Tax Rates for Gracemont (zip 73042)
- The Sales Tax Rate for Gracemont (zip 73042) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Gracemont (zip 73042) 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 Gracemont (zip 73042)
- The average income of a Gracemont (zip 73042) resident is $25,030 a year. The US average is $37,638 a year.
- The Median household income of a Gracemont (zip 73042) resident is $50,298 a year. The US average is $69,021 a year.