74046 Milfay, OK is a small town in Okmulgee County offering great affordability for those looking to rent or buy. With an average two bedroom rent of just $840 compared to the US average of $1,430, it's a great option for those wanting to save money on living costs. Grocery cost index in this area is also lower than most places in the US with an index of 92 versus 100. There are a few major local companies in Milfay, such as Milfay Concrete which provides concrete forming and pouring services, and Stone Hill Electric which offers electrical repair and installation. Milfay also has several small businesses providing unique services such as Lawdog Feed Store which offers custom feed mixes for animals, and Wahlsmith Woodworking which specializes in custom woodworking projects.
Milfay (zip 74046) has an unemployment rate of 4.4%. The US average is 6.0%.
Milfay (zip 74046) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Milfay (zip 74046)
- The Sales Tax Rate for Milfay (zip 74046) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Milfay (zip 74046) 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 Milfay (zip 74046)
- The average income of a Milfay (zip 74046) resident is $18,353 a year. The US average is $37,638 a year.
- The Median household income of a Milfay (zip 74046) resident is $33,625 a year. The US average is $69,021 a year.