Pearl River, LA is an interesting place to live, with its unique culture and offerings. Known for its low cost of living, Pearl River has some of the lowest rent prices in the United States at only $1,000 for a two bedroom apartment. Additionally, the Grocery Cost Index (GCI) in Pearl River is 95 compared to 100 in the US; this makes groceries significantly more affordable than other parts of the country. Such attributes make Pearl River a great place to settle down and build a family. The area also plays host to many local businesses such as Grand Casino Hotel & Resort, Mississippi Power Company, and C Spire Wireless. These companies make up a large part of the local economy and allow residents to take advantage of employment opportunities without having to move away from their community. Pearl River offers a quality lifestyle that won't break your budget compared to what is available across the country.
Pearl River has an unemployment rate of 4.4%. The US average is 6.0%.
Pearl River has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Pearl River
- The Sales Tax Rate for Pearl River is 9.2%. The US average is 7.3%.
- The Income Tax Rate for Pearl River is 6.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Pearl River
- The average income of a Pearl River resident is $21,888 a year. The US average is $28,555 a year.
- The Median household income of a Pearl River resident is $58,188 a year. The US average is $69,021 a year.