Oakhurst, Oklahoma is a small town situated in the northwestern portion of the state. It has a population of 74050 and generally offers a lower-cost alternative to living in larger cities. The median rental price for two-bedroom apartments in Oakhurst is $860 compared to the US average of $1,430. Furthermore, the Grocery Cost Index for Oakhurst stands at 89 points, meaning it is 11 points lower than the national average.
The local economy in Oakhurst consists mainly of small businesses with some larger employers such as Wal-Mart Supercenter and Lowe's Home Improvement Store. Other establishments include restaurants like Sonic Drive-In and family owned stores such as K&K Pawn Shop and Old West Trade Co. Additionally, there are many local farms that provide fresh produce to the community. All these businesses contribute to keeping living costs down for residents while providing them with quality goods and services.
Oakhurst (zip 74050) has an unemployment rate of 4.2%. The US average is 6.0%.
Oakhurst (zip 74050) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 31.3%, which is lower than the US average of 33.5%.
Tax Rates for Oakhurst (zip 74050)
- The Sales Tax Rate for Oakhurst (zip 74050) is 4.9%. The US average is 7.3%.
- The Income Tax Rate for Oakhurst (zip 74050) 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 Oakhurst (zip 74050)
- The average income of a Oakhurst (zip 74050) resident is $19,925 a year. The US average is $37,638 a year.
- The Median household income of a Oakhurst (zip 74050) resident is $45,179 a year. The US average is $69,021 a year.