Zip 74063 (Sand Springs, OK) Economy


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74063 Sand Springs, OK is a great place to live. The 2 bedroom rent in this area is $960, which is significantly lower than the average US rent of $1,430. In addition to housing costs, the grocery cost index in Sand Springs is 95 versus 100 in the US. This makes it cheaper to purchase groceries here than other parts of the country. There are many local companies that serve the community in Sand Springs such as Green Country Ford, McBride Orthopedic Hospital and National American University. These businesses provide employment opportunities along with goods and services to residents of this area.

Sand Springs (zip 74063) has an unemployment rate of 4.2%. The US average is 6.0%.

Sand Springs (zip 74063) 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 Sand Springs (zip 74063)
- The Sales Tax Rate for Sand Springs (zip 74063) is 8.9%. The US average is 7.3%.
- The Income Tax Rate for Sand Springs (zip 74063) 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 Sand Springs (zip 74063)
- The average income of a Sand Springs (zip 74063) resident is $25,297 a year. The US average is $28,555 a year.
- The Median household income of a Sand Springs (zip 74063) resident is $62,958 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySand Springs, OklahomaUnited States
  4.26
  -3.9%-6.2%
  31.3%33.5%
  8.9%6.2%
  5.0%4.6%
  $30,980$37,638
  $62,958$69,021
  $76,996$85,028
  Population by Occupation
  0.4%1.2%
  3.0%0.5%
  7.1%6.8%
  14.6%10.0%
  2.4%2.5%
  12.2%11.0%
  4.8%4.8%
  2.2%0.8%
  1.8%1.9%
  3.8%4.7%
  1.5%1.9%
  5.1%7.6%
  0.1%0.1%
  4.3%4.2%
  6.9%9.3%
  12.8%14.0%
  2.4%2.1%
  6.0%7.0%
  5.1%4.8%
  3.7%4.7%
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