Durant, MS is a small town located in Holmes County. It has a population of approximately 5,200 people. Although the cost of living in Durant is lower than the national average, it still provides a number of amenities. For example, rent for a two-bedroom apartment is approximately $870 compared to the national average of $1,430. Additionally, grocery costs are indexed at 93 compared to the US index of 100. There are plenty of local businesses in Durant such as Smith Hardware Store, Summer's Sporting Goods and Lee's Restaurant for great Southern cooking. Other popular restaurants include El Chico Mexican Restaurant and KFC for more fast food options.
Durant has an unemployment rate of 12.3%. The US average is 6.0%.
Durant has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 8.8%, which is lower than the US average of 33.5%.
Tax Rates for Durant
- The Sales Tax Rate for Durant is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Durant 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 Durant
- The average income of a Durant resident is $10,852 a year. The US average is $28,555 a year.
- The Median household income of a Durant resident is $22,567 a year. The US average is $69,021 a year.