Lambert, MS is a small town located in the northeast part of Mississippi. It has a population under 1,000 people and is home to several local businesses such as Lambert Grocery, Lambert Hardware Store, and the Lambert Inn. The cost of living in Lambert is significantly lower than the US national average with 2 Bedroom rent being $690 per month compared to $1,430 nationally. Additionally, the grocery cost index in Lambert is 91 compared to 100 in the US. Residents of this charming little town can enjoy the relaxed atmosphere and attractive prices while still being close enough to major cities for work or entertainment opportunities.
Lambert has an unemployment rate of 9.9%. The US average is 6.0%.
Lambert has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 7.0%, which is lower than the US average of 33.5%.
Tax Rates for Lambert
- The Sales Tax Rate for Lambert is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lambert 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 Lambert
- The average income of a Lambert resident is $10,727 a year. The US average is $28,555 a year.
- The Median household income of a Lambert resident is $21,836 a year. The US average is $69,021 a year.