Amory, MS is an ideal city for those looking for a more affordable cost of living. Renting a two bedroom apartment in Amory costs just $790 per month, compared to the US average of $1430. The Grocery Cost Index in Amory is 95 versus 100 in the US, meaning that groceries are also much more affordable than other areas. Several well-known companies have locations in Amory such as Walmart, JCPenney and Sam’s Club. With its low costs and thriving business environment, Amory is an attractive option for those seeking affordability without sacrificing quality of life.
Amory has an unemployment rate of 6.1%. The US average is 6.0%.
Amory has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Amory
- The Sales Tax Rate for Amory is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Amory 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 Amory
- The average income of a Amory resident is $18,742 a year. The US average is $28,555 a year.
- The Median household income of a Amory resident is $44,821 a year. The US average is $69,021 a year.