Porum, Oklahoma is a small town located in Muskogee County. It has a few local businesses, such as Family Dollar, Big Kmart Supercenter, Dairy Queen, and Subway. Porum also boasts three churches, a library, a bank branch and several small parks for recreational activities. Due to its size, Porum has lower costs of living than most towns in the United States. This includes two-bedroom rent which is considerably lower than the US average at only $790 compared to $1,430. The grocery cost index of Porum is also lower than that of the US with 93 compared to 100. This makes it an attractive destination for people looking for a more affordable lifestyle.
Porum has an unemployment rate of 4.7%. The US average is 6.0%.
Porum has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Porum
- The Sales Tax Rate for Porum is 10.2%. The US average is 7.3%.
- The Income Tax Rate for Porum 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 Porum
- The average income of a Porum resident is $10,947 a year. The US average is $37,638 a year.
- The Median household income of a Porum resident is $26,912 a year. The US average is $69,021 a year.