Coffeeville, MS is a small town situated in Yalobusha County in Mississippi. The cost of living there is relatively low compared to other cities in the US. For example, the average 2 bedroom rent in Coffeeville is $690 while it is $1,430 elsewhere in the US. Similarly, the Grocery Cost Index is 91 versus 100 nationally. This makes Coffeeville an attractive option for those looking for a quieter and more peaceful lifestyle without breaking their bank.
The local economy of Coffeeville mainly depends on agriculture and forestry-related activities. Some of the most prominent companies operating here include Coffeeville Farm Supply Co., J&J Farmer’s Supply, Keith Farms Inc., Crossroads Logging Co., etc. These companies provide employment opportunities to hundreds of local residents in this rural community.
Coffeeville has an unemployment rate of 6.5%. The US average is 6.0%.
Coffeeville has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 34.4%, which is higher than the US average of 33.5%.
Tax Rates for Coffeeville
- The Sales Tax Rate for Coffeeville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Coffeeville 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 Coffeeville
- The average income of a Coffeeville resident is $18,648 a year. The US average is $37,638 a year.
- The Median household income of a Coffeeville resident is $34,688 a year. The US average is $69,021 a year.