Holcomb, MS Economy


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Holcomb, MS is a small town located in Mississippi. The cost of living here is relatively low compared to the US average, with 2 bedroom rents costing only $720 and the Grocery Cost Index at 93 versus 100 in the US. Holcomb has plenty of local amenities for its residents to enjoy, including a few restaurants such as Joe’s Cafe and Savvy Sips Coffee House. Other businesses include Kinco Furniture and Kwik Mart Grocery Store, where residents can purchase all their groceries and home goods. Holcomb is also home to several parks which are perfect for outdoor activities and family gatherings. Overall, Holcomb provides an affordable yet comfortable lifestyle for its residents.

Holcomb has an unemployment rate of 5.7%. The US average is 6.0%.

Holcomb has seen the job market increase by 1.5% 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 Holcomb
- The Sales Tax Rate for Holcomb is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Holcomb 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 Holcomb
- The average income of a Holcomb resident is $7,247 a year. The US average is $28,555 a year.
- The Median household income of a Holcomb resident is $55,231 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHolcomb, MississippiUnited States
  5.76
  -5.6%-6.2%
  33.4%33.5%
  7.0%6.2%
  5.0%4.6%
  $31,018$37,638
  $55,231$69,021
Family Median Income 85028
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