Krebs, Oklahoma is a small city located in Pittsburg County with a population of just over 2,000 people. It has an inexpensive cost of living that makes it attractive to many who are looking for affordable housing and amenities. The average two-bedroom rent in the area is $750 which is much lower than the national average of $1,430. Additionally, the grocery cost index in Krebs has been measured at 90 versus 100 nationally. There are many local businesses that make up the economy of Krebs, including Little Rafter's Bar & Grill, Walmart Supercenter, Don's Drive-Thru Grocery Store & Deli, and Wildcat Pizza. These local companies provide goods and services to both locals and visitors alike.
Krebs (zip 74554) has an unemployment rate of 5.5%. The US average is 6.0%.
Krebs (zip 74554) has seen the job market decrease by -6.1% 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 Krebs (zip 74554)
- The Sales Tax Rate for Krebs (zip 74554) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Krebs (zip 74554) 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 Krebs (zip 74554)
- The average income of a Krebs (zip 74554) resident is $22,976 a year. The US average is $37,638 a year.
- The Median household income of a Krebs (zip 74554) resident is $41,739 a year. The US average is $69,021 a year.