Hugo, OK (zip code 74743) is a small town located in Choctaw County. It is home to a population of 5,926 people according to the 2019 census. The average 2 bedroom rent in Hugo is $710 which is significantly lower than the national average of $1430. Additionally, living expenses such as groceries are cheaper with Hugo's Grocery Cost Index at 94 compared to 100 in the US.
Hugo boasts many local companies and attractions for its residents. These include Fuzzy's Feed Store, a pet food and supply store, Creekstone Outdoors LLC, an outdoor recreation center offering kayak rentals and guided tours, The Grow Room Hydroponics Supply Shop selling hydroponics supplies and equipment for indoor gardening, as well as several restaurants such as El Parral Mexican Restaurant and Burger King. Additionally Hugo has many parks with trails for biking and walking including Sandy Lake Park and Timberlake Recreation Area where visitors can enjoy swimming in the lake or camping under the stars. Hugo also has art galleries such as The Artisan Cafe & Gallery showcasing local artists' work. There are also several churches in town such as First United Methodist Church and First Baptist Church that offer religious services to those seeking spiritual guidance.
Hugo (zip 74743) has an unemployment rate of 6.0%. The US average is 6.0%.
Hugo (zip 74743) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 18.8%, which is lower than the US average of 33.5%.
Tax Rates for Hugo (zip 74743)
- The Sales Tax Rate for Hugo (zip 74743) is 10.0%. The US average is 7.3%.
- The Income Tax Rate for Hugo (zip 74743) 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 Hugo (zip 74743)
- The average income of a Hugo (zip 74743) resident is $22,237 a year. The US average is $37,638 a year.
- The Median household income of a Hugo (zip 74743) resident is $35,761 a year. The US average is $69,021 a year.