Red Oak, OK is a small bedroom community located in the county of Latimer. With a population of only 745 in 2020, Red Oak has plenty of open-air spaces for residents to enjoy. It is an ideal place for families and nature lovers alike. The 2 Bedroom Rent in Red Oak is $730, which is much lower than the national rate of $1,430 making it an affordable living option for many people. The Grocery Cost Index in Red Oak is 91 versus 100 nationally, giving residents access to great prices on groceries and other essentials.
Aside from its residential benefits, Red Oak also has some local attractions that draw visitors from around the area. Outdoor enthusiasts can explore pine trees at Piney State Park and view the natural beauty of Robbers Cave State Park nearby. Local dining options include Chuck鈥檚 BBQ & Grill which serves up mouth-watering slow-cooked barbecue along with beer and live music on weekends. A few other popular spots include Chief Drive Inn restaurant and Lucky's store, both known for their friendly atmosphere and specialties like burgers and shakes. With its low cost of living and unique attractions, Red Oak has something to offer everyone who visits or calls it home!
Red Oak (zip 74563) has an unemployment rate of 8.6%. The US average is 6.0%.
Red Oak (zip 74563) has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 2.3%, which is lower than the US average of 33.5%.
Tax Rates for Red Oak (zip 74563)
- The Sales Tax Rate for Red Oak (zip 74563) is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Red Oak (zip 74563) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Red Oak (zip 74563)
- The average income of a Red Oak (zip 74563) resident is $29,300 a year. The US average is $37,638 a year.
- The Median household income of a Red Oak (zip 74563) resident is $39,559 a year. The US average is $69,021 a year.