Zip 74366 (Spavinaw, OK) Economy


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United States / Oklahoma / No Metro Area / Mayes County / Spavinaw / Spavinaw (zip 74366)
Spavinaw, OK (zip code 74366) is an affordable and desirable place to live. The 2 Bedroom rent in Spavinaw is $830, which is much lower than the US average of $1,430. Furthermore, the Grocery Cost Index in Spavinaw is 92 versus 100 in the US, making it an excellent choice for those looking to save on their grocery bills. Several local companies such as Walmart and Save-A-Lot offer even lower prices than national chains and often have weekly deals that can be taken advantage of by savvy shoppers. In addition to low living costs, Spavinaw also offers plenty of other benefits such as good schools and ample outdoor activities such as hiking trails and nearby lakes and rivers.

Spavinaw (zip 74366) has an unemployment rate of 3.7%. The US average is 6.0%.

Spavinaw (zip 74366) has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 27.0%, which is lower than the US average of 33.5%.

Tax Rates for Spavinaw (zip 74366)
- The Sales Tax Rate for Spavinaw (zip 74366) is 5.9%. The US average is 7.3%.
- The Income Tax Rate for Spavinaw (zip 74366) 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 Spavinaw (zip 74366)
- The average income of a Spavinaw (zip 74366) resident is $17,502 a year. The US average is $28,555 a year.
- The Median household income of a Spavinaw (zip 74366) resident is $30,667 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpavinaw, OklahomaUnited States
  3.76
  -1.8%-6.2%
  27.0%33.5%
  5.9%6.2%
  5.0%4.6%
  $20,463$37,638
  $30,667$69,021
  $50,662$85,028
  Population by Occupation
  2.4%1.2%
  5.2%0.5%
  7.1%6.8%
  15.5%10.0%
  0.6%2.5%
  14.2%11.0%
  18.5%4.8%
  1.3%0.8%
  1.1%1.9%
  2.8%4.7%
  0.4%1.9%
  3.4%7.6%
  0.0%0.1%
  1.9%4.2%
  5.8%9.3%
  5.2%14.0%
  2.4%2.1%
  7.9%7.0%
  1.9%4.8%
  2.6%4.7%
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