Wetumka, OK is a small town located in Hughes County with a population of about 1,120 people. It has local businesses such as Wetumka Express Stop, Wetumka Pharmacy, and Wetumka Hardware. The cost of living in Wetumka is lower than in the U.S., with 2 bedroom rent at $730 compared to $1,430 nationally and a grocery cost index of 90 versus 100 nationally. Therefore, many people choose to live in Wetumka for its cheaper housing and other amenities.
Wetumka has an unemployment rate of 5.5%. The US average is 6.0%.
Wetumka has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 13.3%, which is lower than the US average of 33.5%.
Tax Rates for Wetumka
- The Sales Tax Rate for Wetumka is 10.5%. The US average is 7.3%.
- The Income Tax Rate for Wetumka 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 Wetumka
- The average income of a Wetumka resident is $12,952 a year. The US average is $28,555 a year.
- The Median household income of a Wetumka resident is $24,769 a year. The US average is $69,021 a year.