Brandon, MS is a vibrant city with many businesses and plenty of amenities. It has a low cost of living as evidenced by the 2 bedroom rent being $1,110 compared to the US average of $1,430. Groceries are also relatively inexpensive with a grocery cost index of 102 versus 100 in the US. There are many local companies in Brandon such as Koch Foods, Magnolia State Bank, and McRae's Department Store. All these businesses contribute to the economy and offer quality services to residents and visitors alike. With its excellent location and affordability, it is no wonder that Brandon remains an attractive place to live and work for many individuals throughout Mississippi.
Brandon has an unemployment rate of 4.1%. The US average is 6.0%.
Brandon has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Brandon
- The Sales Tax Rate for Brandon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Brandon 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 Brandon
- The average income of a Brandon resident is $31,550 a year. The US average is $28,555 a year.
- The Median household income of a Brandon resident is $85,911 a year. The US average is $69,021 a year.