Louisville, MS is a small city northwest of Jackson, Mississippi. It offers affordable rental prices at only $790 for a two-bedroom apartment compared to the US average of $1,430 for the same size. Additionally, Louisville provides one of the lowest food costs in the US with an index score of 95 versus 100 in the US. \nThe city contains several locally owned businesses such as Anderson Carpet & Furniture, LouTech Electronics and Southern Clothiers. In addition to these shops, there are plenty of amenities available such as public parks, golf courses and recreation centers. The city also boasts a vibrant arts scene with live music events taking place throughout the year. With its low cost of living and plenty of activities to enjoy, Louisville is a great place to call home.
Louisville has an unemployment rate of 7.0%. The US average is 6.0%.
Louisville has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 32.6%, which is lower than the US average of 33.5%.
Tax Rates for Louisville
- The Sales Tax Rate for Louisville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Louisville 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 Louisville
- The average income of a Louisville resident is $16,032 a year. The US average is $28,555 a year.
- The Median household income of a Louisville resident is $34,654 a year. The US average is $69,021 a year.