Oklahoma City, OK (73117) is a great place for renters looking for an affordable apartment. The average two bedroom cost is $890, significantly lower than the US average of $1,430. This low rent allows residents to save money and enjoy more of the amenities available in this area. Popular local businesses include Native Roots Market (a full-service grocery store featuring fresh local and organic produce), Alchemy Coffee (an independent coffee shop with delicious espresso drinks and pastries), and K&N Tire (a tire shop that offers tire rotation and repair services). The Grocery Cost Index for Oklahoma City is 91 versus 100 in the US, giving residents even more savings on their everyday needs.
Oklahoma City (zip 73117) has an unemployment rate of 4.4%. The US average is 6.0%.
Oklahoma City (zip 73117) has seen the job market decrease by -3.4% over the last year. Future job growth over the next ten years is predicted to be 32.4%, which is lower than the US average of 33.5%.
Tax Rates for Oklahoma City (zip 73117)
- The Sales Tax Rate for Oklahoma City (zip 73117) is 8.6%. The US average is 7.3%.
- The Income Tax Rate for Oklahoma City (zip 73117) 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 Oklahoma City (zip 73117)
- The average income of a Oklahoma City (zip 73117) resident is $21,120 a year. The US average is $37,638 a year.
- The Median household income of a Oklahoma City (zip 73117) resident is $23,878 a year. The US average is $69,021 a year.