Enterprise, MS is a small city located in Clarke County. It is known for its affordable housing options; a two-bedroom rental apartment costs about $800 per month compared to the national average of $1,430. The grocery cost index in Enterprise is 98 whereas the US average is 100. This implies that basic necessities are more affordable in Enterprise than other parts of the country.
In terms of business opportunities, Enterprise has several local companies providing employment opportunities for residents. These include The Financial Company LLC, Hardy Manufacturing Company Inc., M W Smith Construction Co., Barrons Estate Sales & Appraisals, and TLC Transportation Solutions. Compared to the national economic landscape, Enterprise's economy provides stability and affordability for its citizens with options for steady employment and accessible basic services.
Enterprise has an unemployment rate of 6.9%. The US average is 6.0%.
Enterprise has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 22.0%, which is lower than the US average of 33.5%.
Tax Rates for Enterprise
- The Sales Tax Rate for Enterprise is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Enterprise 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 Enterprise
- The average income of a Enterprise resident is $20,987 a year. The US average is $28,555 a year.
- The Median household income of a Enterprise resident is $65,694 a year. The US average is $69,021 a year.