Carrollton, MS Economy


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Carrollton, MS is a small town with a population of approximately 3,000 people. The cost of living in this town is lower than the national average, making it a great place to live for those on a budget. 2 bedroom rent is only $740 compared to the national average of $1,430. Additionally, grocery costs are below average with an index of 98 compared to the US index of 100.
The small town atmosphere makes it easy to get involved in the community and find employment as there are several local businesses, such as Brown's Hardware Store, J&K Auto Repair Shop and Smith's Grocery Store. Additionally there are plenty of recreational activities including parks with playgrounds and sports fields as well as fishing spots at various local lakes.
Carrollton provides an affordable and friendly atmosphere that would be great for families or singles who want to take advantage of all that small town life has to offer at a fraction of the cost of big cities.

Carrollton has an unemployment rate of 6.6%. The US average is 6.0%.

Carrollton has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.

Tax Rates for Carrollton
- The Sales Tax Rate for Carrollton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Carrollton 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 Carrollton
- The average income of a Carrollton resident is $15,815 a year. The US average is $28,555 a year.
- The Median household income of a Carrollton resident is $73,309 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarrollton, MississippiUnited States
  6.66
  -3.7%-6.2%
  32.1%33.5%
  7.0%6.2%
  5.0%4.6%
  $28,534$37,638
  $73,309$69,021
  $74,142$85,028
  Population by Occupation
  4.1%1.2%
  0.0%0.5%
  12.3%6.8%
  3.5%10.0%
  2.9%2.5%
  0.0%11.0%
  12.3%4.8%
  0.0%0.8%
  4.7%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  40.9%9.3%
  8.8%14.0%
  0.0%2.1%
  2.3%7.0%
  1.8%4.8%
  6.4%4.7%
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