Zip 73942 (Guymon, OK) Economy


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Guymon, Oklahoma (73942) is a small city located in the northwest corner of the state, with a population of around 11,200. It is considered an ideal place to live due to its low cost of living. The average rent for a two-bedroom apartment is $850, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Guymon is 92 versus 100 in the US overall. Local businesses are plentiful and include places like Hillcrest Lodge Restaurant & Bar, El Potrillo Mexican Restaurant, Walmart Supercenter and Cimarron Computer Services. Guymon offers a low cost of living with plenty of local business options and amenities.

Guymon (zip 73942) has an unemployment rate of 1.6%. The US average is 6.0%.

Guymon (zip 73942) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 15.6%, which is lower than the US average of 33.5%.

Tax Rates for Guymon (zip 73942)
- The Sales Tax Rate for Guymon (zip 73942) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Guymon (zip 73942) 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 Guymon (zip 73942)
- The average income of a Guymon (zip 73942) resident is $23,496 a year. The US average is $28,555 a year.
- The Median household income of a Guymon (zip 73942) resident is $50,760 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGuymon, OklahomaUnited States
  1.66
  0.8%-6.2%
  15.6%33.5%
  9.5%6.2%
  5.0%4.6%
  $21,840$37,638
  $50,760$69,021
  $66,926$85,028
  Population by Occupation
  8.3%1.2%
  1.3%0.5%
  12.9%6.8%
  21.6%10.0%
  0.9%2.5%
  10.4%11.0%
  2.4%4.8%
  1.1%0.8%
  1.9%1.9%
  1.7%4.7%
  0.1%1.9%
  0.3%7.6%
  0.0%0.1%
  1.8%4.2%
  8.7%9.3%
  8.2%14.0%
  1.4%2.1%
  8.3%7.0%
  4.1%4.8%
  4.7%4.7%
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