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Zip 74426 (Checotah, OK) Economy


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Checotah, Oklahoma is an ideal place for those looking to escape the hustle and bustle of city life. This small town of about 3,500 residents has a lot to offer its citizens. The cost of living here is low, with an average 2 bedroom rent being $790 per month, compared to the US average of $1,430. Grocery costs are also lower in Checotah versus that of the US, with a grocery cost index of 93.
Local companies contribute greatly to the economy and community spirit in Checotah. The Atwoods store serves as a popular destination for locals, carrying apparel, pet supplies, home d茅cor items and more. Another popular local business is Wack鈥檚 Bar & Grill which offers delicious burgers and serves as a gathering spot for locals to enjoy music and friendly conversation. Checotah also benefits from Eufaula Medical Clinic PLLC which provides medical care to all age groups in addition to walk-in services for minor illnesses or injuries.

Checotah (zip 74426) has an unemployment rate of 6.5%. The US average is 6.0%.

Checotah (zip 74426) has seen the job market decrease by -2.3% over the last year. Future job growth over the next ten years is predicted to be 18.2%, which is lower than the US average of 33.5%.

Tax Rates for Checotah (zip 74426)
- The Sales Tax Rate for Checotah (zip 74426) is 10.5%. The US average is 7.3%.
- The Income Tax Rate for Checotah (zip 74426) is 5.0%. The US average is 4.6%.
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Income and Salaries for Checotah (zip 74426)
- The average income of a Checotah (zip 74426) resident is $24,108 a year. The US average is $37,638 a year.
- The Median household income of a Checotah (zip 74426) resident is $42,020 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChecotah, OklahomaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock4.7%
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