Ethel, MS is a small town located near the border of Mississippi and Alabama. It is home to a variety of businesses and family-owned shops. Local companies include Avon Products, Bob’s Carpeting, Ethel Grocery Store, and Frazier's Hardware & Paint Supply. The real estate market in Ethel is quite affordable compared to other areas in the US with a two bedroom rent rate of $750 versus an average of $1,430 nationwide. Additionally the Grocery Cost Index in Ethel stands at 94 versus 100 in the US. Overall, Ethel has much to offer its citizens when it comes to housing and cost of living.
Ethel has an unemployment rate of 6.9%. The US average is 6.0%.
Ethel 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 19.2%, which is lower than the US average of 33.5%.
Tax Rates for Ethel
- The Sales Tax Rate for Ethel is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ethel 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 Ethel
- The average income of a Ethel resident is $15,072 a year. The US average is $28,555 a year.
- The Median household income of a Ethel resident is $44,375 a year. The US average is $69,021 a year.