Kiowa, Oklahoma is a great place to live for those looking for lower living costs. The median 2 bedroom rent in Kiowa is $810, significantly lower than the US median of $1430. Grocery costs in Kiowa are also much more affordable than the US average with an index of 90 compared to 100 nationally. \nThe local economy of Kiowa is largely based on industries such as agriculture, manufacturing, retail trade, and health care and social assistance. Key employers include Southwest Steel Processing Inc., Bob Mills Furniture Company LLC., and Kiowa Care Center. Southwest Steel Processing Inc. specializes in processing steel parts for agricultural equipment and automotive applications while Bob Mills Furniture Company LLC is a regional furniture store that offers quality furniture to customers throughout Oklahoma. Finally, Kiowa Care Center provides essential healthcare services including physical therapy and long term care programs to its patients. These companies are essential to the thriving community of Kiowa by providing jobs for local residents as well as goods and services that benefit everyone in the area.
Kiowa (zip 74553) has an unemployment rate of 5.5%. The US average is 6.0%.
Kiowa (zip 74553) has seen the job market increase by 4.7% over the last year. Future job growth over the next ten years is predicted to be 36.5%, which is higher than the US average of 33.5%.
Tax Rates for Kiowa (zip 74553)
- The Sales Tax Rate for Kiowa (zip 74553) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Kiowa (zip 74553) 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 Kiowa (zip 74553)
- The average income of a Kiowa (zip 74553) resident is $20,839 a year. The US average is $28,555 a year.
- The Median household income of a Kiowa (zip 74553) resident is $54,519 a year. The US average is $69,021 a year.