Forest, MS Economy


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United States / Mississippi / No Metro Area / Scott County / Forest / Zip Codes
Forest, MS is a small town located in the southern US. It is an inviting place to live due to its friendly atmosphere and low cost of living. The average 2 bedroom rent price of $770 is significantly lower than US average of $1430. The grocery cost index is also quite low compared to the US, coming in at 94 versus 100 in the US.
Local businesses and attractions include Parkview Inn & Suites, Forest Coin Laundry, Forest Veterinary Clinic, Forest Hardware & Supply Co., and Deason's Grocery. There are many local parks such as Burnt Bridge Creek Park and Dogwood Hills Park for residents to enjoy outdoor activities year-round. In addition to these activities there are also golf courses and other sports facilities nearby that provide ample opportunity for recreation.

Forest has an unemployment rate of 5.0%. The US average is 6.0%.

Forest has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.

Tax Rates for Forest
- The Sales Tax Rate for Forest is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Forest 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 Forest
- The average income of a Forest resident is $16,806 a year. The US average is $28,555 a year.
- The Median household income of a Forest resident is $45,274 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyForest, MississippiUnited States
  56
  -2.6%-6.2%
  35.5%33.5%
  7.0%6.2%
  5.0%4.6%
  $19,094$37,638
  $45,274$69,021
  $49,260$85,028
  Population by Occupation
  1.1%1.2%
  0.2%0.5%
  13.8%6.8%
  27.9%10.0%
  1.4%2.5%
  7.0%11.0%
  2.4%4.8%
  0.0%0.8%
  0.9%1.9%
  4.7%4.7%
  0.0%1.9%
  0.1%7.6%
  0.0%0.1%
  3.0%4.2%
  9.7%9.3%
  10.3%14.0%
  0.6%2.1%
  5.7%7.0%
  0.8%4.8%
  10.3%4.7%
Health
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