Byhalia, MS is a small town located in northern Mississippi. It is home to many local businesses including Byhalia Family Pharmacy, Clark Pharmacy, Byhalia Hardware & Supply Co., and Byhalia Veterinary Hospital. The cost of living in Byhalia is relatively low compared to other areas in the US. The average two bedroom rent is $890 which is much lower than the nationwide average of $1,430. Additionally, the Grocery Cost Index (GCI) in Byhalia is 94 versus 100 nationwide. This means groceries are an affordable cost for residents of Byhalia and visitors alike.
Byhalia has an unemployment rate of 6.2%. The US average is 6.0%.
Byhalia has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Byhalia
- The Sales Tax Rate for Byhalia is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Byhalia 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 Byhalia
- The average income of a Byhalia resident is $13,274 a year. The US average is $28,555 a year.
- The Median household income of a Byhalia resident is $31,533 a year. The US average is $69,021 a year.