Oklaunion, Texas is a small town located in Wilbarger County. With a population of only 790 people, it has retained its rural charm. Despite its small size, it offers a variety of amenities to its residents including two restaurants, three churches, and several stores. The average rent for a two-bedroom apartment is $810 which is much lower than the national average of $1,430. The grocery cost index in Oklaunion is 88 compared to 100 nationally. This makes it more affordable for families to live in this area. The local economy is mainly based on agriculture and ranching and there are some companies providing jobs such as Carver Truck Lines Inc., Big Country Steel LLC., and Waco Drilling Solutions Inc. The median household income in Oklaunion is $42,250 with an average salary of approximately $37,000 per year.
Oklaunion (zip 76373) has an unemployment rate of 8.4%. The US average is 6.0%.
Oklaunion (zip 76373) has seen the job market decrease by -2.5% over the last year. Future job growth over the next ten years is predicted to be 17.0%, which is lower than the US average of 33.5%.
Tax Rates for Oklaunion (zip 76373)
- The Sales Tax Rate for Oklaunion (zip 76373) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Oklaunion (zip 76373) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oklaunion (zip 76373)
- The average income of a Oklaunion (zip 76373) resident is $21,536 a year. The US average is $37,638 a year.
- The Median household income of a Oklaunion (zip 76373) resident is $72,566 a year. The US average is $69,021 a year.