Economy

The rapidly growing economy in Claremore has been spurred by recent business investments and expansions.  Average wages in the Claremore area are on the rise, as is per capita income and median effective buying income.

Cost of Living Comparisons

Community
Average
Grocery
Housing
Utilities
Trans.
Health
Misc.
 
 
Tulsa, OK
 
 
87.8
 
 
93.1
 
 
66.0
 
 
87.2
 
 
95.1
 
 
99.0
 
 
101.5
               
Phoenix, AZ
99.0
104.3
94.3
90.0
102.8
99.6
102.5
               
Dallas, TX
92.0
95.9
71.9
107.2
99.2
104.2
99.6
               
Denver, CO
103.0
101.0
107.5
101.0
94.2
105.8
103.2
               
Houston, TX
90.0
84.7
77.6
100.2
96.6
95.8
97.1
               
Kansas City, MO-KS
96.4
94.9
88.8
91.6
98.4
96.5
104.7
Tulsa Data is closest location to Claremore.
Source: ACCRA Average 1st Quarter 2009 thru 1st Quarter 2010, Tulsa Metro Chamber
Economic Measures Tulsa MSA, OK US
12/11 Unemployment Rate 6.10% 8.50%
2000 to 2010 Job Growth 0.50% -2.00%
2010 to 2020 Job Growth 15.68% 1.30%
Claremore Sales Taxes 9.00% 6.00%
Oklahoma Income Taxes 6.25% 5.02%
2006 Median Household Income $41,649 $48,451
2007 Per Capita Income $34,066 $32,731

Source: US Census Bureau 2006 American Community Survey, Bureau of Economic Analysis,

OSU Center for Applied Economic Research, Tulsa Metro Chamber and Oklahoma Employment Security Commission Unemployment Data