Zip 73851 (May, OK) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Oklahoma / No Metro Area / Harper County / May / May (zip 73851)
May, Oklahoma (73851) is a small town in the southwestern part of the state. The population is approximately 616 people according to the 2010 US Census. The average rent for a two-bedroom apartment in May is $670 per month, much lower than the national average of $1,430. Furthermore, the grocery cost index in May is 95 compared to 100 in the US.
May has many local businesses that offer services to the community such as Jones & Sons Roofing LLC, Peggy's Feed & Seed Store, and Miller's Automotive Repair. Jones & Sons Roofing provides roof repair and installation services for residential and commercial buildings while Peggy's Feed & Seed Store offers a wide variety of farm supplies for area farmers. Additionally, Miller's Automotive Repair specializes in car maintenance and repairs at competitive prices. All three companies are great examples of local businesses that have been providing quality services to residents of May since their establishment.

May (zip 73851) has an unemployment rate of 2.3%. The US average is 6.0%.

May (zip 73851) has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 5.8%, which is lower than the US average of 33.5%.

Tax Rates for May (zip 73851)
- The Sales Tax Rate for May (zip 73851) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for May (zip 73851) 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 May (zip 73851)
- The average income of a May (zip 73851) resident is $27,091 a year. The US average is $37,638 a year.
- The Median household income of a May (zip 73851) resident is $41,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMay, OklahomaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
Family Median Income 85028
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.