- More than one in seven Oklahomans (15.2 percent, or 583,029 people) were living below the federal poverty line, which is $26,200 for a family of four.
- Oklahoma’s 2019 poverty rate was lower than 2018’s rate of 15.6 percent but was higher than the national average of 12.3 percent.
Besides, What is the average monthly income in Oklahoma? As of Jul 30, 2022, the average annual pay for the Average jobs category in Oklahoma is $62,639 a year. Just in case you need a simple salary calculator, that works out to be approximately $30.11 an hour. This is the equivalent of $1,205/week or $5,220/month.
What is the poorest US state?
Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%).
What’s considered low income in Oklahoma? The federal poverty level, which takes into account family size, is $13,590 for a single individual and $27,750 for a family of four in 2022.
Hence, Is Oklahoma the poorest state? Mississippi. Mississippi is the poorest U.S. state, with 18.8% of its residents living in poverty. The state also has the highest child poverty rate, with 27.9% of its under-18 population meeting federal poverty guidelines.
What is a good hourly wage in Oklahoma?
$12.77 is the 25th percentile. Wages below this are outliers. $35.93 is the 90th percentile. Wages above this are outliers.
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What are Top 10 Highest Paying Cities for Hourly Rate Jobs in Oklahoma.
| City | Midwest City |
|---|---|
| Annual Salary | $45,634 |
| Monthly Pay | $3,803 |
| Weekly Pay | $878 |
| Hourly Wage | $21.94 |
What is considered middle class in Oklahoma?
Range of household incomes needed to be considered middle class, by family size
| State | Single | Family of four |
|---|---|---|
| Oklahoma | $23,223 – $69,669 | $46,446 – $139,339 |
| Oregon | $26,041 – $78,124 | $52,082 – $156,247 |
| Pennsylvania | $25,676 – $77,028 | $51,352 – $154,055 |
| Rhode Island | $25,989 – $77,967 | $51,978 – $155,934 |
• Dec 12, 2020
What is upper class in Oklahoma?
While ZipRecruiter is seeing salaries as high as $92,305 and as low as $18,011, the majority of salaries within the Upper Class jobs category currently range between $34,670 (25th percentile) to $60,336 (75th percentile) with top earners (90th percentile) making $74,744 annually in Oklahoma.
Why are houses in Oklahoma so cheap?
Matt Frankel, CFP and mortgage analyst for The Motley Fool, said the reason Oklahoma housing is cheap is due to a combination of factors, including a large amount of developable, flat land. “The real estate market is supply and demand, so that takes care of the supply.
What should I know before moving to Oklahoma?
Quick facts to know before moving to Oklahoma
- The cost of homes in Oklahoma are lower than the U.S. average.
- Costs of living in Oklahoma are lower than the national average.
- Commuting time in Oklahoma is shorter than the U.S. average.
- You’ll experience all four seasons in Oklahoma.
- Oklahoma averages 234 sunny days per year.
What is the average salary in Oklahoma?
As of Aug 3, 2022, the average annual pay for the Average jobs category in Oklahoma is $62,639 a year. Just in case you need a simple salary calculator, that works out to be approximately $30.11 an hour. This is the equivalent of $1,205/week or $5,220/month.
Is Oklahoma a friendly state?
According to a study done by Travel+Leisure, OKC ranked No. 5 on its “America’s Friendliest Cities” list. According to a survey, OKC ranked as the least rude and snobby city in the U.S. 4.
How much is average income in Oklahoma?
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 the best area to live in Oklahoma?
Best Cities to Live in Oklahoma
| Rank | City |
|---|---|
| 1 | Enid |
| 2 | Broken Arrow |
| 3 | Bixby |
| 4 | Ponca City |
What is Oklahoma 2022 minimum wage?
Oklahoma Minimum Wage for 2021, 2022. Oklahoma’s state minimum wage rate is $7.25 per hour. This is the same as the current Federal Minimum Wage rate.
What is considered poverty in Oklahoma?
How is poverty defined? In 2018, the federal poverty income threshold was $25,465 for a family of four with two children, and $17,308 for a single parent of one child. If a family’s total income is less than the corresponding threshold, then that family and every individual in it is considered in poverty.
What is middle class income in Oklahoma?
Range of household incomes needed to be considered middle class, by family size
| State | Single | Family of four |
|---|---|---|
| Oklahoma | $23,223 – $69,669 | $46,446 – $139,339 |
| Oregon | $26,041 – $78,124 | $52,082 – $156,247 |
| Pennsylvania | $25,676 – $77,028 | $51,352 – $154,055 |
| Rhode Island | $25,989 – $77,967 | $51,978 – $155,934 |
• Dec 12, 2020
Is Oklahoma a poor state?
Despite our state’s abundance of natural resources and a population with a remarkable work ethic, Oklahoma remains among the nation’s poorest states by many metrics.
What is the average cost of living in Oklahoma?
Average Cost of Living in Oklahoma: $34,533 per year.
Is it cheaper to live in Texas or Oklahoma?
For cost of living, Oklahoma rated best in the nation, according to the CNBC rankings. Texas was not far behind, in ninth place. It would appear that, when both income taxes and property taxes are considered, the average Texan still comes out ahead, compared to their cousins in Oklahoma.
Which state has lowest cost of living?
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
Why is housing so cheap in Oklahoma?
Matt Frankel, CFP and mortgage analyst for The Motley Fool, said the reason Oklahoma housing is cheap is due to a combination of factors, including a large amount of developable, flat land. “The real estate market is supply and demand, so that takes care of the supply.
