Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 22.0 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $53,840 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $29,873 |
What is considered a good salary in Oklahoma?
While ZipRecruiter is seeing salaries as high as $125,354 and as low as $18,895, the majority of salaries within the Average jobs category currently range between $45,625 (25th percentile) to $68,207 (75th percentile) with top earners (90th percentile) making $82,955 annually in Oklahoma.
What is the average salary in Oklahoma?
Hourly Rate Salary in Oklahoma
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $57,607 | $4,800 |
| 75th Percentile | $44,703 | $3,725 |
| Average | $42,307 | $3,525 |
| 25th Percentile | $26,729 | $2,227 |
What is a good salary for a single person in Oklahoma?
According to the Massachusetts Institute of Technology’s (MIT) “Living Wage Calculator,” Oklahomans must make at least $7.98 an hour to cover basic living expenses. In Oklahoma County, a single adult must make at least $8.19 an hour to survive.
What is considered upper class in Oklahoma?
While ZipRecruiter is seeing salaries as high as $88,946 and as low as $17,974, the majority of salaries within the Upper Class jobs category currently range between $35,025 (25th percentile) to $60,372 (75th percentile) with top earners (90th percentile) making $73,737 annually in Oklahoma.
What is middle class income in Oklahoma?
How much you have to earn to be middle class in every state
| State | Middle-class income | Median household income |
|---|---|---|
| Oklahoma | $44,008 | $54,449 |
| Iowa | $43,997 | $61,691 |
| Ohio | $43,949 | $58,642 |
| Kentucky | $43,747 | $52,295 |
What is a comfortable salary in Oklahoma?
Another way to calculate a good salary in Oklahoma City is to look at the price of housing and use that to back into a good salary. Experts agree that you want to maintain about a 5 to 1 home price to income ratio. Based on the median home price of $158,500, a good salary in Oklahoma City would be $31,700.
What is considered low income in Oklahoma?
The federal poverty level, which takes into account family size, is $12,880 for a single individual and $26,500 for a family of four in 2021.
How expensive is it to live in Oklahoma?
A cost of living index above 100 means Oklahoma, Oklahoma is more expensive.
Oklahoma cost of living is 83.7.
| COST OF LIVING | Oklahoma | United States |
|---|---|---|
| Health | 115.8 | 100 |
| Housing | 54 | 100 |
| Median Home Cost | $146,600 | $291,700 |
| Utilities | 99.7 | 100 |
What is minimum wage in Oklahoma?
$7.25 per hour
As of 2021, Oklahoma is one of 20 states that has a minimum wage set at the federal minimum wage of $7.25 per hour.
How much money do you need to live comfortably?
This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.
What is a good salary in Tulsa?
A good salary in Tulsa, OK is anything over $42,000. That’s because the median income in Tulsa is $42,000, which means if you earn more than that you’re earning more than 50% of the people living in Tulsa. The average salary in Tulsa is $52,361. A good hourly wage in Tulsa is $20.19 per hour.
What is considered a high salary?
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
What salary is considered wealthy?
With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $500,000 a year in 2022 is considered a top 1% income earner. Of course, some parts of the country require a higher income level to be in the top 1% income, e.g. Connecticut at $580,000.
What household income is middle class?
The Pew Research Center has put a financial definition to the term “middle income.” To be considered part of that group in 2021—which is synonymous with middle-class, according to Pew—a single American must have earned $30,003 to $90,010, according to a new set of reports released Wednesday.
What is lower class salary?
Household Size
| 1 Person | 3-Person Families | |
|---|---|---|
| Lower-Income Range | Less than $34,400 | Less than $50,698 |
| Middle-Income Range | $34,000-$103,200 | $50,697-$152,092 |
| Upper-Income Range | More than $103,200 | More than $152,092 |
| Sources: Pew Research Center, U.S. Census Bureau |
Is 75k a good salary?
Given this, a good salary would be $75,000. It is higher than the national average and hovers around the average salary for the four most expensive states in the nation. In other words, a $75,000 salary would cover the basic necessities in even the priciest of areas.
What is considered low income?
By government standards, “low-income” earners are men and women whose household income is less than double the Federal Poverty Level (FPL). For a single person household, the 2019 FPL was $12,490 a year. That means that a single person making less than $25,000 a year would be considered low income.
What is the average salary in United States?
According to the May 2020 National Occupational Employment and Wages Estimates by the BLS, the average salary in the United States is $56,310, with a median wage of $20.17 an hour. As of 2021, it’s estimated that women in the U.S. earn around 82 cents for every dollar that a man earns.
Is Oklahoma one of the poorest states?
In 2019, the U.S. poverty rate was 12.3%.
Poorest States 2022.
| State | Mean Household Income |
|---|---|
| Oklahoma | $72,695 |
| South Carolina | $73,520 |
| Idaho | $73,810 |
| Montana | $74,190 |
How much do you get in food stamps in Oklahoma?
SNAP Max Income for Food Stamps Oct. 1, 2019, through Sept. 30, 2020
| Household Size | Gross Monthly Income Limits (130% of poverty) | Max Food Assistance Benefit Monthly |
|---|---|---|
| 1 | $1,354 | $194 |
| 2 | $1,832 | $355 |
| 3 | $2,311 | $509 |
| 4 | $2,790 | $646 |
