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Balko
Balko
Oklahoma
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Balko is a small unincorporated community in Beaver County, Oklahoma, United States. The post office was established March 14, 1904. The population is 623. Balko has a school, gas station, diner, tire shop, three churches and post office. The local economy is dependent on farming, ranching, and the oil industry. The local school is a K-12 public school.

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Taxes

C+

How did Oklahoma earn the grade of C+? We examined the state taxes based on how age friendly they are. Oklahoma has a state sales tax of 4.50%. Of particular interest is that Oklahoma does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Oklahoma has an effective property tax rate of 0.89%. Weighing these taxes and other taxes most likely to impact the aging population is how Oklahoma earned its state tax grade of C+.

Learn more about taxes in Oklahoma

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