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Economy in Laurel, Mississippi

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyLaurel, MSUnited States
Unemployment Rate8.50%9.10%
Recent Job Growth1.71%-0.12%
Future Job Growth34.92%31.25%
Sales Taxes7.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$18,274$27,067
Household Income$30,470$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K24.77%12.10%
Income between 15K and 25K17.82%10.18%
Income between 25K and 35K13.54%10.56%
Income between 35K and 50K15.45%14.98%
Income between 50K and 75K13.19%19.53%
Income between 75K and 100K6.23%12.52%
Income between 100K and 150K5.15%12.14%
Income between 150K and 250K0.93%3.91%
Income between 250K and 500K2.31%3.34%
Income greater than 500K0.59%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations7.41%13.81%
Professional and Related Occupations18.07%22.68%
Service17.14%14.51%
Sales and Office18.54%25.22%
Farming, Fishing, and Forestry0.96%0.68%
Construction, Extraction, and Maintenance7.60%9.37%
Production, Transportation, and Material Moving28.45%15.86%
Median Household Income

The unemployment rate in Laurel, MS, is 8.50%, with job growth of 1.71%. Future job growth over the next ten years is predicted to be 34.92%.

Laurel, MS Taxes

Laurel, MS,sales tax rate is 7.00%. Income tax is 5.00%.

Laurel, MS Income and Salaries

The income per capita is $18,274, which includes all adults and children. The median household income is $30,470.


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