Zip 73501 (Lawton, OK) Economy


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Lawton, OK is a great place to live and work with a population of 98,849 as of 2019. It is known for its affordable cost of living, with an average 2 bedroom rent price of $780. This is significantly lower than the US average of $1,430. The grocery cost index in Lawton is also very reasonable at 90 compared to 100 in the US. \nLawton has a strong job market with various local companies such as Goodyear Tire & Rubber Company, Lawton Community Health Center, Comanche County Memorial Hospital, and Comanche County Government. Lawton offers plenty of outdoor activities like hiking trails at Lake Lawtonka and Fort Sill National Historic Site for visitors to explore. In addition to its outdoorsy offerings, Lawton also boasts a vibrant nightlife scene with plenty of bars and clubs for residents to enjoy. All in all, it's no wonder why so many people choose this city as their home!

Lawton (zip 73501) has an unemployment rate of 4.2%. The US average is 6.0%.

Lawton (zip 73501) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 22.7%, which is lower than the US average of 33.5%.

Tax Rates for Lawton (zip 73501)
- The Sales Tax Rate for Lawton (zip 73501) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Lawton (zip 73501) 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 Lawton (zip 73501)
- The average income of a Lawton (zip 73501) resident is $17,753 a year. The US average is $28,555 a year.
- The Median household income of a Lawton (zip 73501) resident is $43,987 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLawton, OklahomaUnited States
  4.26
  -3.1%-6.2%
  22.7%33.5%
  9.0%6.2%
  5.0%4.6%
  $21,699$37,638
  $43,987$69,021
  $58,418$85,028
  Population by Occupation
  0.5%1.2%
  0.4%0.5%
  6.5%6.8%
  6.6%10.0%
  1.7%2.5%
  9.8%11.0%
  2.9%4.8%
  1.3%0.8%
  1.3%1.9%
  4.9%4.7%
  1.3%1.9%
  2.9%7.6%
  0.0%0.1%
  4.9%4.2%
  7.7%9.3%
  18.0%14.0%
  3.8%2.1%
  7.6%7.0%
  7.6%4.8%
  10.2%4.7%
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