Mize, MS Economy


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United States / Mississippi / No Metro Area / Smith County / Mize / Zip Codes
Mize, MS is a small town located in Mississippi. This city has a low cost of living compared to the rest of the country. The average rent for two bedroom apartments in Mize is only $820 which is significantly lower than the national average of $1,430. Similarly, the Grocery Cost Index (GCI) also reflects lower prices in Mize with an index rating of 95 versus 100 nationally. In addition to its affordable living costs, Mize also offers a number of local business opportunities such as Grubbs Grocery Store, The Cotton Gin Cafe, and H & P Motorsports. These businesses provide employment and services to help the community thrive.

Mize has an unemployment rate of 4.8%. The US average is 6.0%.

Mize has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Mize
- The Sales Tax Rate for Mize is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mize 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 Mize
- The average income of a Mize resident is $26,598 a year. The US average is $37,638 a year.
- The Median household income of a Mize resident is $80,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMize, MississippiUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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