Greenwood, MS is a city in Leflore County with a population of 15,205. This city offers affordable rent, with 2-bedroom apartments costing only $710 per month on average, compared to the national average of $1,430. Additionally, grocery costs are lower than average as well, with Greenwood’s Grocery Cost Index rating at 95 versus the US rate of 100. Local businesses include The Alluvian Hotel & Spa, Delta Blues Museum and Norvell Theater—all popular attractions for locals and visitors. There are also plenty of other retail stores and restaurants located in the area such as Kesslers Pawn Shop and Dazzle Bar & Grill.
Greenwood has an unemployment rate of 9.5%. The US average is 6.0%.
Greenwood has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Greenwood
- The Sales Tax Rate for Greenwood is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greenwood 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 Greenwood
- The average income of a Greenwood resident is $23,244 a year. The US average is $37,638 a year.
- The Median household income of a Greenwood resident is $28,221 a year. The US average is $69,021 a year.