Cary, MS is a small town located in Mississippi with a population of 531 people. Despite its size, Cary has a strong economy and is home to many local businesses including The Farmhouse Antiques & Interiors & Gifts, Taylor Stone Masonry, and Harris Pharmaceuticals. In terms of cost of living, average rent for a two-bedroom apartment in Cary is $720 per month which is much lower than the national average of $1,430. Additionally, the Grocery Cost Index in Cary is 93 which is lower than the US index at 100. All in all, Cary is an affordable place to live with plenty of industry opportunities and local companies.
Cary has an unemployment rate of 9.9%. The US average is 6.0%.
Cary has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 24.0%, which is lower than the US average of 33.5%.
Tax Rates for Cary
- The Sales Tax Rate for Cary is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cary 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 Cary
- The average income of a Cary resident is $13,666 a year. The US average is $28,555 a year.
- The Median household income of a Cary resident is $47,875 a year. The US average is $69,021 a year.