Friars Point, MS is a small town with a population of around 1,000. It's located on the banks of the Mississippi River and offers residents a small-town feel with plenty of local charm. Because it's relatively remote, rent prices are lower than the US average. In Friars Point, you can rent a 2 bedroom for only $690 compared to the US average of $1,430. Groceries in Friars Point are also much more affordable; its Grocery Cost Index is 90 versus 100 in the US on average.
The town has many amenities that make it attractive to live there such as local restaurants, stores, and banks like First Security Bank & Trust Co., Friar's Point Coin Laundry and Dry Cleaners, and Mitchell Drug Store. Residents can enjoy recreational activities at Johnson's Lake Park or go shopping at stores like Walmart Supercenter or Freddys Country Store. There is something for everyone in Friars Point so come by today!
Friars Point has an unemployment rate of 10.1%. The US average is 6.0%.
Friars Point has seen the job market decrease by -1.0% over the last year. Future job growth over the next ten years is predicted to be 12.4%, which is lower than the US average of 33.5%.
Tax Rates for Friars Point
- The Sales Tax Rate for Friars Point is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Friars Point 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 Friars Point
- The average income of a Friars Point resident is $10,211 a year. The US average is $28,555 a year.
- The Median household income of a Friars Point resident is $20,417 a year. The US average is $69,021 a year.