74047 Mounds, OK is a small town located in Okmulgee County. The estimated 2 Bedroom Rent for this area is $940, which is quite affordable compared to the US average of $1,430. Additionally, groceries in this town are significantly cheaper than the US average, with a Grocery Cost Index of 96 versus 100 in the US.
Mounds offers its citizens a wide range of services from local business and organizations. Some of these companies include Deep Fork Electric Co-op, Inc., which provides electricity to customers throughout Okmulgee County; Skelton’s Heating & Air Conditioning offering repair and installation services for residential and commercial HVAC systems; and Mounds Fertilizer operating as a fertilizer producer and distributor since 1945. Other local services include Pam’s Kitchen Restaurant serving delicious home-style meals as well as Mounds Veterinary Clinic providing pet care services.
Mounds (zip 74047) has an unemployment rate of 4.4%. The US average is 6.0%.
Mounds (zip 74047) 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 Mounds (zip 74047)
- The Sales Tax Rate for Mounds (zip 74047) is 5.8%. The US average is 7.3%.
- The Income Tax Rate for Mounds (zip 74047) 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 Mounds (zip 74047)
- The average income of a Mounds (zip 74047) resident is $30,467 a year. The US average is $37,638 a year.
- The Median household income of a Mounds (zip 74047) resident is $75,844 a year. The US average is $69,021 a year.