Laurel, MS is a wonderful city located in Jones County with many exciting attractions. The two bedroom rent in Laurel is significantly lower than the US average at $720 per month compared to the US average of $1,430. Furthermore, the grocery cost index in Laurel, MS is 95 compared to the US average of 100. Laurel offers many great local companies such as Gulf Electric Supply Company and Southern Pipe & Supply which make it a desirable place for people wanting to move. All these features make Laurel an ideal place for anyone looking for an affordable and comfortable lifestyle.
Laurel has an unemployment rate of 6.2%. The US average is 6.0%.
Laurel has seen the job market decrease by -4.9% over the last year. Future job growth over the next ten years is predicted to be 14.1%, which is lower than the US average of 33.5%.
Tax Rates for Laurel
- The Sales Tax Rate for Laurel is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Laurel 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 Laurel
- The average income of a Laurel resident is $22,138 a year. The US average is $37,638 a year.
- The Median household income of a Laurel resident is $33,149 a year. The US average is $69,021 a year.