Shubuta, MS is a small town in the United States with a population of about 200 people. It is known for its affordability and rural charm. Rent for a two bedroom apartment is only $700 per month compared to the US average of $1,430, making it an attractive place to live for those on a budget. Additionally, groceries are much cheaper than average in Shubuta, with the Grocery Cost Index rating 94 compared to the US average of 100. The town has several local businesses such as Waddell's Pharmacy and Market, Big Star Supermarket & Deli and Southern Classic Foods. These companies provide essential services to the residents of Shubuta and have been around for many years.
Shubuta has an unemployment rate of 6.9%. The US average is 6.0%.
Shubuta has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Shubuta
- The Sales Tax Rate for Shubuta is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shubuta 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 Shubuta
- The average income of a Shubuta resident is $14,839 a year. The US average is $28,555 a year.
- The Median household income of a Shubuta resident is $28,365 a year. The US average is $69,021 a year.