Kemp, OK is a great place to live for those looking for a community with an affordable cost of living. The average 2 Bedroom rent in Kemp is $860 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Kemp is 93 versus 100 in the US. This makes it more affordable to buy groceries and other necessities locally. There are several businesses available in the area, such as Kemp Pharmacy, Tattered Magazine, and Simmons Electric Service. All these local businesses make it easier for residents to access goods and services without having to travel far from home.
Kemp has an unemployment rate of 3.6%. The US average is 6.0%.
Kemp has seen the job market increase by 2.8% over the last year. Future job growth over the next ten years is predicted to be 56.7%, which is higher than the US average of 33.5%.
Tax Rates for Kemp
- The Sales Tax Rate for Kemp is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Kemp is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kemp
- The average income of a Kemp resident is $18,238 a year. The US average is $28,555 a year.
- The Median household income of a Kemp resident is $19,360 a year. The US average is $69,021 a year.