McAlester, Oklahoma, zip code 74501 is an affordable place to live. The average two bedroom rent in the area is only $830 compared to the national average of $1,430. This makes it a great budget-friendly option for renters looking for more space and value. Additionally, grocery costs in McAlester are 92% of the average US cost index, offering even more affordability for residents in the area. There is no shortage of businesses providing services within McAlester and the surrounding areas. Some notable companies include Shawnee Sanitation Service providing quality waste removal and recycling services; Hudson’s Plumbing Company offering professional plumbing repair work; Eastern Oklahoma Electric Coop providing reliable electricity services; and Guthrie Hardware offering a wide selection of hardware supplies for home improvement projects. With all these resources available to local residents, McAlester continues to be one of Oklahoma's best places to live affordably.
McAlester (zip 74501) has an unemployment rate of 5.5%. The US average is 6.0%.
McAlester (zip 74501) 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 McAlester (zip 74501)
- The Sales Tax Rate for McAlester (zip 74501) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for McAlester (zip 74501) 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 McAlester (zip 74501)
- The average income of a McAlester (zip 74501) resident is $22,726 a year. The US average is $28,555 a year.
- The Median household income of a McAlester (zip 74501) resident is $50,014 a year. The US average is $69,021 a year.