Cleveland, MS Economy


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Cleveland, MS is a city located in the state of Mississippi. It offers affordable 2 bedroom rent in comparison to other cities in the US with an average cost of $790. The grocery cost index in Cleveland, MS is 95 versus 100 in the US, making it a great place for budget-minded individuals or families looking to save money on groceries. In addition to its affordability, Cleveland offers plenty of attractions and businesses for those looking to enjoy their stay. Some local companies include BankPlus, Delta State University, and North Sunflower Medical Center. For entertainment and recreation, visitors can explore Elvis Presley Park & Museum, Turner Park, Delta Music Museum & Hall of Fame, and Cleveland Country Club. With so much to offer at an affordable rate, Cleveland is sure to be a great fit for anyone looking for a fun place to live or visit!

Cleveland has an unemployment rate of 7.7%. The US average is 6.0%.

Cleveland has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.

Tax Rates for Cleveland
- The Sales Tax Rate for Cleveland is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cleveland 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 Cleveland
- The average income of a Cleveland resident is $18,814 a year. The US average is $28,555 a year.
- The Median household income of a Cleveland resident is $37,757 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCleveland, MississippiUnited States
  7.76
  -5.3%-6.2%
  16.2%33.5%
  7.0%6.2%
  5.0%4.6%
  $22,207$37,638
  $37,757$69,021
  $49,531$85,028
  Population by Occupation
  3.6%1.2%
  0.0%0.5%
  2.7%6.8%
  12.0%10.0%
  1.5%2.5%
  12.5%11.0%
  1.2%4.8%
  0.0%0.8%
  1.7%1.9%
  2.0%4.7%
  0.5%1.9%
  7.6%7.6%
  0.0%0.1%
  3.7%4.2%
  19.2%9.3%
  12.0%14.0%
  3.4%2.1%
  4.8%7.0%
  6.6%4.8%
  5.0%4.7%
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