Philadelphia, MS is a city located in the state of Mississippi. It's known for its warm and friendly atmosphere and vibrant town center. There are plenty of local businesses to explore, such as Phil's Barbeque and Grill, a popular spot for delicious southern-style barbeque; The Strand Bookstore, offering books from around the world; and Donut Stop Café, where customers can find freshly made donuts and coffee. The cost of living in Philadelphia is lower than the national average, with 2 bedroom rent being $840 compared to $1,430 in the US. The Grocery Cost Index is 97 versus 100 nationally. Philadelphia is an ideal place to settle down or visit with its charming hospitality and low cost of living.
Philadelphia has an unemployment rate of 6.1%. The US average is 6.0%.
Philadelphia has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.
Tax Rates for Philadelphia
- The Sales Tax Rate for Philadelphia is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Philadelphia 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 Philadelphia
- The average income of a Philadelphia resident is $19,431 a year. The US average is $28,555 a year.
- The Median household income of a Philadelphia resident is $37,551 a year. The US average is $69,021 a year.