Cloverdale is a small town in Mississippi with a population of just over 200 people. Despite its small size, it has become a popular tourist destination due to its close proximity to attractions such as the Natchez Trace Parkway and the historic Stoney Bluff Battlefield. The cost of living in Cloverdale is quite low, with 2 bedroom rent averaging around $730 per month compared to the US average of $1,430. Additionally, grocery cost index in Cloverdale stands at 96 compared to 100 in the US. This means that groceries are quite inexpensive here! Local companies in Cloverdale include Ricks Tree Service, Star Produce Market, and Covington County Motors. All in all, Cloverdale makes for an excellent place to visit or live due to its low cost of living and friendly locals.
Cloverdale has an unemployment rate of 9.7%. The US average is 6.0%.
Cloverdale has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Cloverdale
- The Sales Tax Rate for Cloverdale is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cloverdale 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 Cloverdale
- The average income of a Cloverdale resident is $17,159 a year. The US average is $28,555 a year.
- The Median household income of a Cloverdale resident is $39,525 a year. The US average is $69,021 a year.