Zip 74647 (Newkirk, OK) Economy


Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
Newkirk, OK is a small city located in Kay County and is home to a population of approximately 1,553 people. The average two bedroom rent in area is $810 compared to the US average of $1,430.The Grocery Cost Index for the region is 92 which is slightly lower than the national index of 100. Newkirk has several large employers such as A&M Building Supply Inc., Lake Country Ranch and Farm Supply, and Timberlake Construction. A&M Building Supply Inc. provides quality building materials to contractors, do-it-yourselfers, and homeowners in the region while Lake Country Ranch and Farm Supply provides livestock feed and other products for ranchers, farmers, and pet owners. Lastly Timberlake Construction specializes in commercial building construction projects as well as oilfield construction projects. All three local businesses are integral parts of the economic success of Newkirk.

Newkirk (zip 74647) has an unemployment rate of 4.5%. The US average is 6.0%.

Newkirk (zip 74647) 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 22.4%, which is lower than the US average of 33.5%.

Tax Rates for Newkirk (zip 74647)
- The Sales Tax Rate for Newkirk (zip 74647) is 5.2%. The US average is 7.3%.
- The Income Tax Rate for Newkirk (zip 74647) 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 Newkirk (zip 74647)
- The average income of a Newkirk (zip 74647) resident is $26,595 a year. The US average is $37,638 a year.
- The Median household income of a Newkirk (zip 74647) resident is $52,308 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewkirk, OklahomaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Health

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.