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Economy in Bay Springs, Mississippi

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyBay Springs, MSUnited States
Unemployment Rate11.20%9.10%
Recent Job Growth0.08%-0.12%
Future Job Growth28.96%31.25%
Sales Taxes7.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$16,324$27,067
Household Income$32,546$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K28.11%12.10%
Income between 15K and 25K13.88%10.18%
Income between 25K and 35K10.44%10.56%
Income between 35K and 50K17.44%14.98%
Income between 50K and 75K15.18%19.53%
Income between 75K and 100K8.66%12.52%
Income between 100K and 150K4.15%12.14%
Income between 150K and 250K0.83%3.91%
Income between 250K and 500K1.07%3.34%
Income greater than 500K0.24%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations10.10%13.81%
Professional and Related Occupations21.78%22.68%
Service11.02%14.51%
Sales and Office16.01%25.22%
Farming, Fishing, and Forestry1.84%0.68%
Construction, Extraction, and Maintenance8.79%9.37%
Production, Transportation, and Material Moving31.36%15.86%
Median Household Income

The unemployment rate in Bay Springs, MS, is 11.20%, with job growth of 0.08%. Future job growth over the next ten years is predicted to be 28.96%.

Bay Springs, MS Taxes

Bay Springs, MS,sales tax rate is 7.00%. Income tax is 5.00%.

Bay Springs, MS Income and Salaries

The income per capita is $16,324, which includes all adults and children. The median household income is $32,546.


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