Magee, MS is a small town located in Simpson County. The town has many local businesses such as Magee Hardware, Magee Family Dental, Magee Pharmacy, and First Bank & Trust. The cost of living in Magee is quite low compared to the US average. For example, the cost of rent for two bedroom apartments is $750 which is significantly lower than the national average rent price of $1,430. Similarly, the Grocery Cost Index in Magee is 97 compared to 100 nationally. This signifies that groceries like food and other items are more affordable in Magee than they are across most parts of the US.
Magee has an unemployment rate of 5.8%. The US average is 6.0%.
Magee has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Magee
- The Sales Tax Rate for Magee is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Magee 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 Magee
- The average income of a Magee resident is $16,314 a year. The US average is $28,555 a year.
- The Median household income of a Magee resident is $27,045 a year. The US average is $69,021 a year.