Derma, MS is a small town located in the Northern area of Mississippi. It is a quiet and peaceful place to live, with inexpensive living costs. The average two bedroom rent in Derma is only $780, compared to the national average of $1,430. Additionally, grocery cost index in Derma is 92 compared to 100 in the US. There are many local companies and places of interest located in Derma that draw people from near and far. One such place is The Old Co-Op Antique Mall where there are countless antiques being sold from near and far. Another popular attraction for locals and visitors alike is the Derma Public Library which offers a variety of books and resources available to those who frequent it. Finally, another local company within Derma that is worth mentioning is J&R BBQ & Seafood Restaurant which serves up delicious food for all types of occasions.
Derma has an unemployment rate of 6.7%. The US average is 6.0%.
Derma has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Derma
- The Sales Tax Rate for Derma is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Derma 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 Derma
- The average income of a Derma resident is $14,251 a year. The US average is $28,555 a year.
- The Median household income of a Derma resident is $32,303 a year. The US average is $69,021 a year.