The city of Wynnewood, Oklahoma, is a small town located in Garvin County. It is home to around 2,000 individuals, with a median income level that is slightly above the national average. The city has two bedroom rental rates that are significantly lower than the US average at $780 per month. Additionally, its Grocery Cost Index is 91 versus 100 in the US—indicating that it's generally cheaper to buy groceries in Wynnewood than across the country.
Wynnewood offers small-town charm with several businesses and services available for residents and visitors alike. Companies include Johnson Oilfield Supply Inc., Wynnewood Tire & Automotive, Old House Cafe & Steakhouse, and more. These family-run businesses provide a range of goods and services such as fuel products for vehicles and industrial equipment repair and maintenance services for oil-related industries. Local eateries offer fine dining experiences while shops around town provide an assortment of everyday needs like clothing items and groceries.
Overall, choosing to live in Wynnewood provides access to affordable housing options alongside local businesses that make life more comfortable on a daily basis. Compared to other cities or towns across America—especially those on the coasts—the cost of living in Wynnewood is significantly lower due to its two bedroom rental prices being nearly half of what they are nationally.
Wynnewood (zip 73098) has an unemployment rate of 4.2%. The US average is 6.0%.
Wynnewood (zip 73098) has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.
Tax Rates for Wynnewood (zip 73098)
- The Sales Tax Rate for Wynnewood (zip 73098) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Wynnewood (zip 73098) 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 Wynnewood (zip 73098)
- The average income of a Wynnewood (zip 73098) resident is $20,633 a year. The US average is $28,555 a year.
- The Median household income of a Wynnewood (zip 73098) resident is $56,250 a year. The US average is $69,021 a year.