Montrose, MS is a small town in the southern part of the state known for its lovely landscape and friendly residents. It offers a laid-back lifestyle with access to all the necessary amenities and conveniences. The two bedroom rent in Montrose is less than half of what it costs nationally, and the grocery cost index is also quite low compared to other places in the US. There are several local businesses and companies operating in Montrose such as G & S Home Improvement, Smith Auto Service Center, Renaissance Salon & Boutique, and Fashions by Eunice. The town also provides plenty of community features such as parks, libraries, schools, churches, and cultural events that bring the community together.
Montrose has an unemployment rate of 7.8%. The US average is 6.0%.
Montrose has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 12.9%, which is lower than the US average of 33.5%.
Tax Rates for Montrose
- The Sales Tax Rate for Montrose is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Montrose 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 Montrose
- The average income of a Montrose resident is $28,568 a year. The US average is $37,638 a year.
- The Median household income of a Montrose resident is $0 a year. The US average is $69,021 a year.