Lyman, MS Economy


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Lyman, MS is a small city with plenty of amenities for residents to enjoy. It is home to multiple businesses such as the Lyman Family Restaurant, Lyman's Home Center, and Lyman Florist. Residents of this city have access to affordable housing due to the low two bedroom rent cost of $910 compared to the national two bedroom rent price of $1,430. Additionally, grocery costs are below the US index at 95 versus 100 in the US. As a result, Lyman, MS proves itself an ideal place for people looking for an affordable place to live.

Lyman has an unemployment rate of 6.3%. The US average is 6.0%.

Lyman has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.

Tax Rates for Lyman
- The Sales Tax Rate for Lyman is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lyman 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 Lyman
- The average income of a Lyman resident is $26,309 a year. The US average is $28,555 a year.
- The Median household income of a Lyman resident is $94,722 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLyman, MississippiUnited States
  6.36
  -4.0%-6.2%
  28.4%33.5%
  7.0%6.2%
  5.0%4.6%
  $35,664$37,638
  $94,722$69,021
  $102,940$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.5%6.8%
  0.0%10.0%
  0.0%2.5%
  16.6%11.0%
  5.0%4.8%
  0.0%0.8%
  9.8%1.9%
  2.2%4.7%
  0.0%1.9%
  1.9%7.6%
  0.0%0.1%
  8.9%4.2%
  5.4%9.3%
  31.6%14.0%
  4.5%2.1%
  0.0%7.0%
  2.3%4.8%
  10.4%4.7%
Health
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