Braxton, MS is a small community located near the Mississippi River. The cost of living is relatively low in Braxton with an average 2 bedroom rent of only $910 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Braxton is 97 versus 100 in the US. In terms of businesses, Braxton has a variety of local companies that serve its citizens including Smith Custom Homes, Braxton Auto Repair, and The Garden District Cafe. All these amenities make it a great place to live for those looking for a more affordable lifestyle.
Braxton has an unemployment rate of 5.8%. The US average is 6.0%.
Braxton has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Braxton
- The Sales Tax Rate for Braxton is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Braxton 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 Braxton
- The average income of a Braxton resident is $14,910 a year. The US average is $37,638 a year.
- The Median household income of a Braxton resident is $51,563 a year. The US average is $69,021 a year.