Snow Lake Shores, MS is an affordable place to live with the 2 bedroom rent set at $750 compared to the US average of $1,430. The cost of living in Snow Lake Shores is 92 compared to 100 in the US. Local companies provide employment opportunities and include Snow Lake Shores Utility Company which provides power to homes and businesses, Snow Lake Shores Grocery Store for groceries, and Snow Lake Shores Pharmacy for medication needs. With low rents, a reasonable grocery cost index, and an array of local businesses, Snow Lake Shores offers a great quality of life at a fraction of the price.
Snow Lake Shores has an unemployment rate of 7.1%. The US average is 6.0%.
Snow Lake Shores has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 34.9%, which is higher than the US average of 33.5%.
Tax Rates for Snow Lake Shores
- The Sales Tax Rate for Snow Lake Shores is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Snow Lake Shores 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 Snow Lake Shores
- The average income of a Snow Lake Shores resident is $24,327 a year. The US average is $28,555 a year.
- The Median household income of a Snow Lake Shores resident is $55,568 a year. The US average is $69,021 a year.