Park Hill, Oklahoma (zip code 74451) is a small city in eastern Oklahoma with a population of about 2,000 people. The average two bedroom rent here is $820 a month, significantly lower than the national average of $1,430. This makes Park Hill an ideal place for those who are looking to cut back on housing expenses. In terms of groceries, the Grocery Cost Index here is 93 versus 100 in the US. This means that it's slightly cheaper than the national average to buy groceries in Park Hill.
There are several local companies that make Park Hill their home including Wolf River Enterprises Inc., Kiamichi Technology Center At McAlester- William H Barnard Campus and Hydraulic Supply Company LLC. Each of these businesses offer employment opportunities for local citizens and contribute greatly to the economy of Park Hill.
Overall, Park Hill is a great place to live due to its low rental prices and access to reasonably priced groceries. It provides a number of job opportunities from local companies which help support its economy and keep its citizens employed.
Park Hill (zip 74451) has an unemployment rate of 4.2%. The US average is 6.0%.
Park Hill (zip 74451) has seen the job market increase by 2.9% over the last year. Future job growth over the next ten years is predicted to be 20.1%, which is lower than the US average of 33.5%.
Tax Rates for Park Hill (zip 74451)
- The Sales Tax Rate for Park Hill (zip 74451) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Park Hill (zip 74451) 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 Park Hill (zip 74451)
- The average income of a Park Hill (zip 74451) resident is $27,872 a year. The US average is $37,638 a year.
- The Median household income of a Park Hill (zip 74451) resident is $54,516 a year. The US average is $69,021 a year.