New Houlka, MS is a small town located in Mississippi. It is a great option for those looking for an affordable place to live. The 2 bedroom rent is only $780, which is a fraction of the US average of $1,430. Additionally, it has a grocery cost index of 94 compared to 100 in the US. This means that people living in New Houlka can save money on groceries by shopping locally. There are many local businesses in this area such as the New Houlka General Store and the Ole Country Cafe & Bakery that offer goods and services at reasonable prices. Overall, living in New Houlka can be very affordable and there are plenty of local companies to provide residents with essential amenities at an inexpensive rate.
New Houlka has an unemployment rate of 8.0%. The US average is 6.0%.
New Houlka has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for New Houlka
- The Sales Tax Rate for New Houlka is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Houlka 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 New Houlka
- The average income of a New Houlka resident is $15,231 a year. The US average is $37,638 a year.
- The Median household income of a New Houlka resident is $31,625 a year. The US average is $69,021 a year.