New Augusta, MS Economy


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New Augusta, MS is a small town located in Perry County. Despite its size, New Augusta is a great place to live with plenty of amenities and local businesses. The cost of living in New Augusta is quite affordable with rent for a two-bedroom apartment averaging $790 compared with the national average of $1,430. Grocery costs are also below the national average as New Augusta has an index score of 93 verses 100 nationally. Popular companies in New Augusta include Texaco, Walmart Supercenter, and Buddy's Pizza Parlor & Grill. It is clear that New Augusta offers residents an excellent quality of life at a fraction of what most people pay nationwide.

New Augusta has an unemployment rate of 7.0%. The US average is 6.0%.

New Augusta has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for New Augusta
- The Sales Tax Rate for New Augusta is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Augusta 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 New Augusta
- The average income of a New Augusta resident is $13,367 a year. The US average is $28,555 a year.
- The Median household income of a New Augusta resident is $29,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Augusta, MississippiUnited States
  76
  -3.4%-6.2%
  33.0%33.5%
  7.0%6.2%
  5.0%4.6%
  $18,135$37,638
  $29,000$69,021
  $50,500$85,028
  Population by Occupation
  3.9%1.2%
  0.0%0.5%
  9.5%6.8%
  16.2%10.0%
  0.0%2.5%
  20.1%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  3.9%4.2%
  15.1%9.3%
  13.4%14.0%
  0.0%2.1%
  1.7%7.0%
  0.6%4.8%
  15.6%4.7%
Health
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