Manitou, OK is a small town in Oklahoma with a population less than 2,000. It offers affordable living costs with 2 bedroom rents at just $640 compared to the national average of $1,430. Grocery prices in Manitou are also lower than the national average, with the Grocery Cost Index being 86 versus 100 in the US. The city has several local businesses such as Manitou Hardware Store which has been open since 1909 and Manitou Café that provides classic American cuisine. Manitou offers a peaceful lifestyle that many people enjoy living in small towns without sacrificing too much on affordability. With its low cost of living and friendly community atmosphere, it is an attractive place for those looking for an inexpensive yet comfortable place to live.
Manitou has an unemployment rate of 4.0%. The US average is 6.0%.
Manitou has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 13.4%, which is lower than the US average of 33.5%.
Tax Rates for Manitou
- The Sales Tax Rate for Manitou is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Manitou 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 Manitou
- The average income of a Manitou resident is $12,067 a year. The US average is $28,555 a year.
- The Median household income of a Manitou resident is $75,625 a year. The US average is $69,021 a year.