Blackgum, OK is a small town located in northeastern Oklahoma. It's known for its low cost of living and friendly atmosphere. The average two-bedroom rent in Blackgum is $790, which is significantly lower than the US average of $1,430. The Grocery Cost Index in Blackgum is 93 compared to 100 in the US, making it a great location for those who want to save money on their groceries. There are many local businesses in Blackgum such as J & K Barbeque, a family owned restaurant with homemade dishes; Jameson Cleaners, a dry cleaners providing quality service; and Misty's Beauty Shop for all your beauty needs. These businesses provide employment opportunities and services that enable locals to enjoy an affordable lifestyle. With its affordable housing costs and low grocery prices, Blackgum offers residents an opportunity to live comfortably without breaking the bank.
Blackgum has an unemployment rate of 4.8%. The US average is 6.0%.
Blackgum has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 21.9%, which is lower than the US average of 33.5%.
Tax Rates for Blackgum
- The Sales Tax Rate for Blackgum is 9.9%. The US average is 7.3%.
- The Income Tax Rate for Blackgum 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 Blackgum
- The average income of a Blackgum resident is $15,467 a year. The US average is $37,638 a year.
- The Median household income of a Blackgum resident is $0 a year. The US average is $69,021 a year.