Grenada, MS is a small city located in the northwest part of the state. It has a population of about 13,400 people and offers plenty of amenities to its residents. The cost of living in Grenada is very affordable, with two bedroom rent costing $790 compared to the US average of $1,430. Additionally, groceries are also cheaper than the national average with a grocery cost index reading 93 compared to 100 for the US. Among the many local businesses worth mentioning are Ace Hardware, Dollar General and Hot Spot Cafe & Grill. Tourists can enjoy historical sites such as Fort Pemberton State Park and Oxford-University Methodist Church. There is something for everyone in Grenada, MS!
Grenada has an unemployment rate of 5.7%. The US average is 6.0%.
Grenada has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.
Tax Rates for Grenada
- The Sales Tax Rate for Grenada is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grenada 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 Grenada
- The average income of a Grenada resident is $24,924 a year. The US average is $37,638 a year.
- The Median household income of a Grenada resident is $34,771 a year. The US average is $69,021 a year.