Sweetwater, OK is located in Nolan County and has an estimated population of 73666. It is a great place to live, with the average cost of 2 bedroom rent being $810, compared to the national average of $1,430. The Grocery Cost Index in Sweetwater is 92 versus 100 nationally. There are many local companies in Sweetwater that offer excellent services and products. The largest employer in Sweetwater is the Sweetwater Independent School District. Other notable companies include Southwest Dairy Products Inc., Westmoreland Coal Company, and United Regional Health Care System. There are also several small retail stores and restaurants located throughout the town that contribute to the local economy.
Sweetwater (zip 73666) has an unemployment rate of 3.3%. The US average is 6.0%.
Sweetwater (zip 73666) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 30.1%, which is lower than the US average of 33.5%.
Tax Rates for Sweetwater (zip 73666)
- The Sales Tax Rate for Sweetwater (zip 73666) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Sweetwater (zip 73666) 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 Sweetwater (zip 73666)
- The average income of a Sweetwater (zip 73666) resident is $21,421 a year. The US average is $28,555 a year.
- The Median household income of a Sweetwater (zip 73666) resident is $49,514 a year. The US average is $69,021 a year.