Batesville, MS is a small town located in north Mississippi. It has a population of 8,500 people and is home to several businesses including Sunbelt Rentals, Wilson Bank & Trust, and United Furniture Industries. The average 2 Bedroom Rent in Batesville is $890 per month which is significantly lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index in Batesville is 94 compared to the US index which is 100 making groceries more affordable for locals. Sources: https://www.city-data.com/city/Batesville-Mississippi.html#:~:text=The%20population%20was%208%2C561%20at%20the%202010%20census.,as%20of%20the%202010%20U.S., https://www.area-prices.com/rent/usa/2-bedroom_average/.
Batesville has an unemployment rate of 8.1%. The US average is 6.0%.
Batesville has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.
Tax Rates for Batesville
- The Sales Tax Rate for Batesville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Batesville 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 Batesville
- The average income of a Batesville resident is $23,707 a year. The US average is $28,555 a year.
- The Median household income of a Batesville resident is $52,346 a year. The US average is $69,021 a year.