Salary & Cost of Living in Edmond, OK
Edmond, OK: $68,000 median salary, cost of living index 95, $7.25/hr minimum wage. Calculate your take-home pay with our free paycheck calculator.
Median Salary
$68,000
$33/hr
Cost of Living
95
US avg = 100
Minimum Wage
$7.25
per hour
Unemployment
2.2%
rate
Edmond, OK Overview
Population
97,750
Median Salary
$68,000
Average Salary
$75,000
Avg Commute
24 min
Median Home Price
$280,000
Median Rent
$1,200/mo
Job Growth
+2.2%
Sales Tax
8.63%
Edmond is located in Oklahoma with a population of 97,750. The median household salary is $68,000 per year ($33/hour), which is $8,616 above the national median of $59,384. The average commute time is 24 minutes, and the city has a job growth rate of +2.2%.
Edmond Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Edmond, OK, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$53,164
$4,430.33/month · $2,044.77/biweekly · Effective Rate: 21.8%
Gross Pay
$68,000
Federal Tax
-$6,574
State Tax
-$3,060
Local Tax
$0
FICA
-$5,202
Net Pay
$53,164
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $5,666.67 | $68,000.00 |
| Federal Income Tax | -$547.83 | -$6,574.00 |
| Oklahoma State Tax (4.5%) | -$255.00 | -$3,060.00 |
| Social Security (6.2%) | -$351.33 | -$4,216.00 |
| Medicare (1.45%) | -$82.17 | -$986.00 |
| Net Take-Home Pay | $4,430.33 | $53,164.00 |
Salary Comparison: Edmond vs Other Cities
See how Edmond's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Edmond, OK | $68,000 | 95 | $71,579 |
| National Average | $59,384 | 100 | $59,384 |
| Santa Rosa, CA | $68,000 | 140 | $48,571 |
| Hayward, CA | $68,000 | 145 | $46,897 |
| Fort Collins, CO | $68,000 | 108 | $62,963 |
| Pearl City, HI | $68,000 | 175 | $38,857 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Edmond
Edmond's cost of living index is 95 (national average = 100). Living in Edmond is 5% less expensive than the national average.
Median Home Price
$280,000
Median Monthly Rent
$1,200
Annual Rent Cost
$14,400
Your Salary's Purchasing Power
Your $53,164 annual take-home pay in Edmond has the purchasing power of approximately $55,962 in an average-cost US area. Your $68,000 salary stretches further here than in most US cities.
Top Industries in Edmond
Edmond's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $68,000.
Salary Tips for Edmond Workers
- Research top industries. Edmond's top industries include Education, Healthcare, Finance. Targeting roles in these sectors can help you earn above the $68,000 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Explore Salaries Across the US
Compare salary data and cost of living for hundreds of US cities. Find out where your paycheck goes the furthest.
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Frequently Asked Questions
What is the median salary in Edmond, OK?
The median salary in Edmond, OK is $68,000 per year, or $33 per hour. The average salary is $75,000. This is $8,616 above the national median of $59,384.
What is the cost of living in Edmond, OK?
Edmond's cost of living index is 95 (national average = 100), meaning it is 5% less expensive compared to the national average. The median home price is $280,000 and the median monthly rent is $1,200.
What are the best industries in Edmond?
The top industries in Edmond, OK include Education, Healthcare, Finance. The city has a job growth rate of 2.2% and an unemployment rate of 2.2%. Workers in these industries often earn above the city's median salary of $68,000.
How does Edmond's salary compare to other cities?
Edmond's median salary of $68,000 is 14.5% above the national median of $59,384. However, when adjusted for cost of living (index: 95), the real purchasing power is approximately $71,579.
What is the minimum wage in Edmond, OK?
The minimum wage in Edmond, OK is $7.25 per hour. This equals approximately $15,080 per year for a full-time worker (40 hours/week). This matches the federal minimum wage of $7.25/hour.