Saltillo, Mississippi, is a small town located in Lee County. With a population of just over 4,500 residents, Saltillo is known for its friendly people and is home to several local businesses such as the Fayetteville Ford Automotive Center and The Red Barn Flea Market. The cost of living in Saltillo is relatively low compared to other parts of the country; rent for a two-bedroom apartment averages around $880 while the average in the US is $1,430. Additionally, groceries in Saltillo are cheaper than the national average with a grocery cost index of 97 versus 100 in the US.
Saltillo has an unemployment rate of 5.6%. The US average is 6.0%.
Saltillo has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Saltillo
- The Sales Tax Rate for Saltillo is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Saltillo 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 Saltillo
- The average income of a Saltillo resident is $24,673 a year. The US average is $28,555 a year.
- The Median household income of a Saltillo resident is $75,105 a year. The US average is $69,021 a year.