Zip 74747 (Kemp, OK) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Kemp, OK (zipcode 74747) is an ideal place for those looking for an affordable place to live. The 2-bedroom rent there is $860 compared to the national average of $1,430. Cost of living is also lower due to the local grocery cost index being 93 compared to US’s 100.
Kemp is a great place for families and individuals alike as it offers many different amenities and opportunities. Businesses in Kemp include Sharkey’s Final Stop store, F & W Machine Shop Inc., Kemp Builders Supply Co., Cook’s Electric Motor Repair, and many more. Additionally, Kemp has several parks and recreation centers such as Merritt Park, Miller Park, and Briggs Lake Park where visitors can enjoy activities like fishing and camping.

Kemp (zip 74747) has an unemployment rate of 3.6%. The US average is 6.0%.

Kemp (zip 74747) has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 56.7%, which is higher than the US average of 33.5%.

Tax Rates for Kemp (zip 74747)
- The Sales Tax Rate for Kemp (zip 74747) is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Kemp (zip 74747) 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 Kemp (zip 74747)
- The average income of a Kemp (zip 74747) resident is $20,919 a year. The US average is $28,555 a year.
- The Median household income of a Kemp (zip 74747) resident is $26,528 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyKemp, OklahomaUnited States
  3.66
  2.5%-6.2%
  56.7%33.5%
  5.0%6.2%
  5.0%4.6%
  $24,054$37,638
  $26,528$69,021
  $80,179$85,028
  Population by Occupation
  0.0%1.2%
  0.8%0.5%
  4.9%6.8%
  13.0%10.0%
  13.8%2.5%
  15.4%11.0%
  7.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  8.9%7.6%
  0.0%0.1%
  0.0%4.2%
  7.3%9.3%
  20.3%14.0%
  3.3%2.1%
  1.6%7.0%
  1.6%4.8%
  1.6%4.7%
Health