74940 Howe, Oklahoma is a small town that offers an affordable living environment. The average two-bedroom rent in this area is $800, which is significantly lower than the US average of $1430. The Grocery Cost Index for this area is also lower than the US average at 93. It is home to several local businesses such as Howe Hardware Store which sells hardware and home goods, Little Wok Chinese restaurant which serves delicious authentic Chinese cuisine, and the Big Bee Winery which produces some of the best wines in Oklahoma. With its affordable cost of living and variety of local businesses, 74940 Howe, Oklahoma makes for an excellent place to live or visit.
Howe (zip 74940) has an unemployment rate of 6.7%. The US average is 6.0%.
Howe (zip 74940) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 21.5%, which is lower than the US average of 33.5%.
Tax Rates for Howe (zip 74940)
- The Sales Tax Rate for Howe (zip 74940) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Howe (zip 74940) 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 Howe (zip 74940)
- The average income of a Howe (zip 74940) resident is $24,139 a year. The US average is $37,638 a year.
- The Median household income of a Howe (zip 74940) resident is $44,740 a year. The US average is $69,021 a year.