Tatums, OK is a small town located in eastern Oklahoma about an hour away from Oklahoma City. It is known for its low cost of living and is an ideal place to call home for those looking to save money. The average 2 bedroom rent in Tatums is $790, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Tatums is 88 versus 100 in the US showing that grocery costs are much lower than the national average. There are a variety of local businesses such as Tatum’s Hardware Store, Golden Corral restaurant, and Wal Mart Supercenter providing residents with their daily needs. In conclusion, Tatums provides a peaceful atmosphere with a cost-effective lifestyle that any family can enjoy.
Tatums has an unemployment rate of 4.2%. The US average is 6.0%.
Tatums has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Tatums
- The Sales Tax Rate for Tatums is 10.3%. The US average is 7.3%.
- The Income Tax Rate for Tatums 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 Tatums
- The average income of a Tatums resident is $11,930 a year. The US average is $28,555 a year.
- The Median household income of a Tatums resident is $28,750 a year. The US average is $69,021 a year.