Natchez, MS is a great place to live with its low cost of living. The average two bedroom rent in Natchez is only $730 a month compared to the US average of $1,430. This can be attributed to the an index score for groceries being 96 as opposed to the national average of 100. This low cost of living also helps local businesses flourish in Natchez. Some notable companies include Natchez Trace Brewing Company, Longwood Plantation, and Grand Village of the Natchez Indians Museum & Gift Shop. With so many local businesses and a low cost of living, it is no wonder that people are flocking to Natchez as their next home!
Natchez has an unemployment rate of 9.7%. The US average is 6.0%.
Natchez has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 19.6%, which is lower than the US average of 33.5%.
Tax Rates for Natchez
- The Sales Tax Rate for Natchez is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Natchez 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 Natchez
- The average income of a Natchez resident is $20,410 a year. The US average is $28,555 a year.
- The Median household income of a Natchez resident is $29,162 a year. The US average is $69,021 a year.