Durant, OK Metro Area is an affordable and desirable place to live in the southern region of Oklahoma. The average rent for a two bedroom apartment is much lower than it is in the US, at just $840. Additionally, grocery costs are also lower in the area than they are nationally, with the Grocery Cost Index being 94 instead of 100. This makes Durant attractive to families and those looking for a more cost effective way of living. In addition to affordable living, there are plenty of great local companies and attractions in Durant. The city has long been known as a retail hub and several locally owned stores offer a variety of goods from antique furniture to modern clothing. Other local businesses include restaurants, banks, and medical offices. Attractions include the nearby Choctaw Casino & Resort which offers entertainment and gaming activities year-round. There are also several parks and lakes nearby where people can enjoy outdoor activities such as fishing or bird watching.
Durant Metro Area has an unemployment rate of 3.6%. The US average is 6.0%.
Durant Metro Area has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 56.7%, which is higher than the US average of 33.5%.
Tax Rates for Durant Metro Area
- The Sales Tax Rate for Durant Metro Area is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Durant Metro Area is 5.0%. The US average is 4.6%.
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Income and Salaries for Durant Metro Area
- The average income of a Durant Metro Area resident is $26,639 a year. The US average is $37,638 a year.
- The Median household income of a Durant Metro Area resident is $49,225 a year. The US average is $69,021 a year.