Polkville, MS is a thriving city that offers many great opportunities for its residents. It is home to several local companies including Wal-Mart, Polk County Bank, and SunTrust Bank, which provide quality services and employment to the community. Living in Polkville has lots of benefits; it is generally quite affordable with 2 bedroom rent averaging just $840 compared to the US average of $1,430. The cost of groceries are also lower than the national average, with a grocery cost index of 98 versus 100 in the US. This makes it an ideal place for families or individuals looking to save money on their monthly bills. With its friendly and welcoming atmosphere, Polkville is a great place to live!
Polkville has an unemployment rate of 4.8%. The US average is 6.0%.
Polkville has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.
Tax Rates for Polkville
- The Sales Tax Rate for Polkville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Polkville 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 Polkville
- The average income of a Polkville resident is $17,756 a year. The US average is $28,555 a year.
- The Median household income of a Polkville resident is $59,545 a year. The US average is $69,021 a year.