Calumet, Oklahoma is a small town located in Custer County with a population of approximately 545 people. Despite its small size, the town offers several local businesses that are key to the economic well-being of the community. For instance, there is a diner owned by two members of the local community, providing employment opportunities and delicious home-cooked meals for locals. Additionally, there is an automotive service center that not only employs many people but also provides low-cost car repair services for residents in need. The 2 bedroom rent in Calumet is about $1,020 compared to US average of $1,430. Similarly grocery cost index in Calumet is 94 versus 100 in US which makes it affordable to live in this small town. These businesses provide an important source of income for many locals and help keep the cost of living low. All these factors contribute to Calumet’s population growth and attract more people to move here
Calumet (zip 73014) has an unemployment rate of 3.4%. The US average is 6.0%.
Calumet (zip 73014) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.
Tax Rates for Calumet (zip 73014)
- The Sales Tax Rate for Calumet (zip 73014) is 4.9%. The US average is 7.3%.
- The Income Tax Rate for Calumet (zip 73014) 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 Calumet (zip 73014)
- The average income of a Calumet (zip 73014) resident is $25,741 a year. The US average is $28,555 a year.
- The Median household income of a Calumet (zip 73014) resident is $71,250 a year. The US average is $69,021 a year.