Marion, MS is an affordable place to live compared to the rest of the United States. The average rent for a two-bedroom apartment is $820, whereas the US average is $1,430. Similarly, the Grocery Cost Index in Marion is 97 versus 100 in the US. As such, it is possible to enjoy a better cost of living while still having access to modern amenities and services. Notable companies and institutions that are located in Marion include Nissan Canton Plant, Merit Health Wesley Medical Center, and East Central Community College. All these places provide jobs and various educational opportunities to locals while also offering a sense of community involvement.
Marion has an unemployment rate of 5.9%. The US average is 6.0%.
Marion has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Marion
- The Sales Tax Rate for Marion is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Marion 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 Marion
- The average income of a Marion resident is $22,081 a year. The US average is $28,555 a year.
- The Median household income of a Marion resident is $55,508 a year. The US average is $69,021 a year.