Calumet, IA is a great city for those who want to save money on rent and groceries. 2 bedroom rent in Calumet is only $720 per month, which is much lower than the US average of $1,430 monthly. Similarly, grocery costs in Calumet are indexed at 90 versus 100 in the US. There are many local businesses that serve the community such as White’s Beauty Salon, R&S Automotive Repair Services, and Don’s Auto Body & Sales. These stores offer quality services at economical prices making Calumet an attractive option for those looking for savings.
Calumet has an unemployment rate of 3.3%. The US average is 6.0%.
Calumet has seen the job market decrease by -4.5% over the last year. Future job growth over the next ten years is predicted to be 18.5%, which is lower than the US average of 33.5%.
Tax Rates for Calumet
- The Sales Tax Rate for Calumet is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Calumet is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Calumet
- The average income of a Calumet resident is $24,380 a year. The US average is $37,638 a year.
- The Median household income of a Calumet resident is $48,125 a year. The US average is $69,021 a year.