Bude, MS Economy


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Bude, MS is a small town located in Franklin County. It is known for its affordable living and cost of living index. The average 2 bedroom rent in Bude is $760 which is significantly cheaper than the US average of $1,430. Similarly, the grocery cost index in Bude is 95 versus 100 in the US. The low cost of living makes it a great place for individuals and families to settle down. Some local companies found in Bude are BankPlus, Allied Oil & Supply Co., Inc., and B&T Pharmacy LLC. BankPlus provides banking services such as online banking and checking accounts while Allied Oil & Supply Co., Inc offers industrial oil and lubricant products. Last but not least, B&T Pharmacy LLC provides pharmacy solutions such as prescription filling and medical advice.

Bude has an unemployment rate of 7.5%. The US average is 6.0%.

Bude has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 13.9%, which is lower than the US average of 33.5%.

Tax Rates for Bude
- The Sales Tax Rate for Bude is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bude 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 Bude
- The average income of a Bude resident is $15,994 a year. The US average is $37,638 a year.
- The Median household income of a Bude resident is $20,556 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBude, MississippiUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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Welcome to the Homochitto National Forest and beautiful Okhissa Lake, a 1075-acre lake stocked with the best fishing in the southeast, over 300 acres of water skiing  More

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