Milfay — Financial Data

71 Population FY 2023

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for Oklahoma and Milfay.

Component	Summary	Effective	Coverage	Sources
OK state individual income tax	Oklahoma individual income tax is bracketed, with 2025 rates ranging from 0.25% to 4.75%.	Tax year 2025 rates (Oklahoma Tax Commission).	Rate missing	Oklahoma individual income tax rates
OK sales and use tax (state base)	Oklahoma state sales tax is 4.5% of taxable gross receipts; county and municipal sales and use taxes may also apply.	Current Oklahoma Tax Commission guidance (as accessed April 19, 2026).	Rate missing	Oklahoma sales and use tax
OK property tax policy (ad valorem system)	Oklahoma property tax is an ad valorem system with county assessor administration and local taxing jurisdictions.	Current Oklahoma Tax Commission guidance (as accessed April 19, 2026).	Needs review	Oklahoma ad valorem

Community Profile

Census Bureau ACS 5-year estimates

4.2% Poverty Rate 2023

13.6% Bachelor's+ Rate 2023

0.0% Unemployment Rate 2023

61.1% Homeownership Rate 2023

Per Capita Income

$31,754 (2023)

2021 2023

Median Age

55.9 (2023)

2021 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.4 (2023)

2021 2023

Financial Documents (3)

Year	Title	Type
2023	Milfay Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2022	Milfay Census ACS 5-Year Estimates 2022	US_CENSUS_ACS5
2021	Milfay Census ACS 5-Year Estimates 2021	US_CENSUS_ACS5

Governance & Structure

Governance Structure

School Details

Not applicable for this entity type.