Meridian, MS Economy


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Meridian, Mississippi is a vibrant city located in Lauderdale County. It is known for its pleasant climate and its small-town charm. Meridian has many local companies that support the community such as Anderson Regional Medical System, Kellogg's, Richland Care Center and more. The cost of living in Meridian is very affordable with 2 bedroom rent costing only $750 compared to the US average of $1,430. Grocery costs are also significantly lower with the Grocery Cost Index at 97 versus 100 in the US. All this makes Meridian an attractive place to live, work and raise a family.

Meridian has an unemployment rate of 6.7%. The US average is 6.0%.

Meridian has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 21.0%, which is lower than the US average of 33.5%.

Tax Rates for Meridian
- The Sales Tax Rate for Meridian is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Meridian 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 Meridian
- The average income of a Meridian resident is $20,933 a year. The US average is $28,555 a year.
- The Median household income of a Meridian resident is $31,198 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMeridian, MississippiUnited States
  6.76
  -4.6%-6.2%
  21.0%33.5%
  7.0%6.2%
  5.0%4.6%
  $24,008$37,638
  $31,198$69,021
  $43,235$85,028
  Population by Occupation
  0.5%1.2%
  0.4%0.5%
  4.2%6.8%
  8.9%10.0%
  2.0%2.5%
  12.2%11.0%
  4.8%4.8%
  0.7%0.8%
  1.8%1.9%
  3.5%4.7%
  1.1%1.9%
  3.5%7.6%
  0.0%0.1%
  5.6%4.2%
  9.6%9.3%
  19.4%14.0%
  1.6%2.1%
  12.7%7.0%
  3.5%4.8%
  3.9%4.7%
Reviews for Meridian
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Over 3 years ago

Meridian has so much to offer for a great stay, it’s affordable for visiting and for those who want to move to a family friendly town.  More

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Over 7 years ago

I lived in Meridian at one time. It's one of many places I've lived across the country so I feel I have a lot of places to compare to it. If you check the crime stats ,  More

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Over 9 years ago

Meridian has, essentially 3 parts. In one section, the residents are financially secure and these neighborhoods are fairly insulated from the criminal and related  More

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