Flora, MS is a small town located in the south-central part of Mississippi. With a population of 2,351, it is home to several local businesses such as Flora Food Mart, Flora Hardware & Supply, and Family Dollar. The cost of living in Flora is substantially lower compared to the US average; for example, a 2 bedroom rent in Flora costs $790 while it costs $1,430 in the US and the Grocery Cost Index for Flora is 101 compared to 100 in the US. This makes Flora an attractive place to live for those who want cheaper rent and grocery costs than what they would find elsewhere.
Flora has an unemployment rate of 4.8%. The US average is 6.0%.
Flora has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 36.8%, which is higher than the US average of 33.5%.
Tax Rates for Flora
- The Sales Tax Rate for Flora is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Flora 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 Flora
- The average income of a Flora resident is $22,531 a year. The US average is $37,638 a year.
- The Median household income of a Flora resident is $31,569 a year. The US average is $69,021 a year.