Taylor, MS is a small city located in the Mississippi Delta region. With a population of less than 10,000 people, it is an affordable place to live with a two bedroom rent of $1,450 compared to the US average of $1,430. Grocery cost index in Taylor is 95 versus 100 in the US.
Taylor is a great place to work and start a business. Local companies such as Taylor Community Center and Taylor Country Club provide plenty of job opportunities for residents. The company also supplies community-building activities such as summer camps and after-school programs for children. There are also several local banks that offer competitive banking services and loan products for businesses and individuals alike.
Taylor has an unemployment rate of 4.5%. The US average is 6.0%.
Taylor has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 50.9%, which is higher than the US average of 33.5%.
Tax Rates for Taylor
- The Sales Tax Rate for Taylor is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Taylor 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 Taylor
- The average income of a Taylor resident is $24,431 a year. The US average is $28,555 a year.
- The Median household income of a Taylor resident is $72,500 a year. The US average is $69,021 a year.