Bay Springs, MS is a small town located in the southern United States. It offers a pleasant lifestyle with two bedroom rents only costing $780 per month. This is significantly lower than the US average of $1,430 per month for two bedrooms. The local grocery cost index is also lower than the US average, at 95 versus 100 in the US. The city has several notable employers such as BankPlus and Blue Cross & Blue Shield which offer great job opportunities to locals. Bay Springs is an affordable place to live and provides plenty of amenities for its residents to enjoy.
Bay Springs has an unemployment rate of 7.8%. The US average is 6.0%.
Bay Springs has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Bay Springs
- The Sales Tax Rate for Bay Springs is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bay Springs 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 Bay Springs
- The average income of a Bay Springs resident is $23,896 a year. The US average is $37,638 a year.
- The Median household income of a Bay Springs resident is $42,738 a year. The US average is $69,021 a year.