Zip 73550 (Hollis, OK) Economy


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United States / Oklahoma / No Metro Area / Harmon County / Hollis / Hollis (zip 73550)
Hollis, Oklahoma is a small town with a population of 2,735 people. It offers an affordable cost of living with the median 2 bedroom rent being $650 compared to the nationwide average of $1,430. The grocery cost index in Hollis is 87 compared to 100 in the US. Hollis provides a variety of activities for locals and visitors alike. Visitors looking for outdoor activities can take advantage of nearby Lake Altus-Lugert or camping at Boggy Creek Park and Recreation Area. Residents and visitors can enjoy shopping at local stores like Carter’s Market, Mack’s Furniture Store, J&J Pharmacy, and Farmers Co-op Association. Other popular attractions in Hollis include Derryberry Pecans Farm & Store, which offers delicious pecans from their local family farm as well as cotton products and gifts; Artistic Creations Gallery & Gifts offering authentic western artwork; and The Rustic Parlor for handcrafted home décor made from reclaimed wood.

Hollis (zip 73550) has an unemployment rate of 2.9%. The US average is 6.0%.

Hollis (zip 73550) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 10.1%, which is lower than the US average of 33.5%.

Tax Rates for Hollis (zip 73550)
- The Sales Tax Rate for Hollis (zip 73550) is 9.5%. The US average is 7.3%.
- The Income Tax Rate for Hollis (zip 73550) 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 Hollis (zip 73550)
- The average income of a Hollis (zip 73550) resident is $26,678 a year. The US average is $37,638 a year.
- The Median household income of a Hollis (zip 73550) resident is $55,471 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHollis, OklahomaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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