Elliott, MS is a small city located in eastern Mississippi. It is home to several local businesses including Elliott Family Pharmacy, Tate’s Grocery Store, and Big Mama’s Kitchen. The cost of living in Elliott is relatively low compared to most other cities within the United States. Two Bedroom Rent in Elliott is approximately $790 while the US 2 Bedroom Rent averages around $1,430. Additionally, the Grocery Cost Index in Elliott sits at 93 versus 100 in the US which shows that groceries are cheaper when purchased locally. Overall, Elliott provides its residents with a desirable quality of life due to its low cost of living.
Elliott has an unemployment rate of 5.7%. The US average is 6.0%.
Elliott has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.
Tax Rates for Elliott
- The Sales Tax Rate for Elliott is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Elliott 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 Elliott
- The average income of a Elliott resident is $8,613 a year. The US average is $28,555 a year.
- The Median household income of a Elliott resident is $52,235 a year. The US average is $69,021 a year.