Zip 74457 (Proctor, OK) Economy


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United States / Oklahoma / No Metro Area / Adair County / Proctor / Proctor (zip 74457)
Proctor, Oklahoma (74457) is a town with an affordable cost of living. The average two-bedroom rent in Proctor is only $710 per month, which is much lower than the national average of $1,430. Moreover, the grocery cost index in Proctor is 93 compared to 100 in the United States. Because of these benefits, many families and individuals are drawn to the town for its economic advantages.
In addition to lower costs of living, Proctor has plenty of local companies and amenities. Some notable stores and businesses include True Value Hardware Store, Country Corner Grocery Store & Deli, QuikTrip Gas Station, and Pedigo Automotive Repair & Machine Shop. Residents can also find entertainment at the Creative Arts Center or take advantage of outdoor activities such as fishing or camping at nearby Keystone Lake. With so many amenities available locally residents can enjoy a comfortable life in Proctor with plenty to do.

Proctor (zip 74457) has an unemployment rate of 3.7%. The US average is 6.0%.

Proctor (zip 74457) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 29.2%, which is lower than the US average of 33.5%.

Tax Rates for Proctor (zip 74457)
- The Sales Tax Rate for Proctor (zip 74457) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Proctor (zip 74457) 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 Proctor (zip 74457)
- The average income of a Proctor (zip 74457) resident is $45,975 a year. The US average is $37,638 a year.
- The Median household income of a Proctor (zip 74457) resident is $63,036 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyProctor, OklahomaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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