Rawls Springs, MS Economy


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Rawls Springs, MS is a small town with a population of about 5,000 people located in Mississippi. It is known for its small-town charm and low cost of living. The median rent for a two bedroom apartment in Rawls Springs is only $1,100 compared to the US median of $1,430. Beyond housing costs, groceries are also significantly cheaper in Rawls Springs than the US average with a grocery cost index of 98 versus 100 nationally. Local businesses include C&C Grocery Store, Bob's Barber Shop, Rawls Springs Pharmacy, and Fishers Discount Department Store. With its low cost of living it is no wonder why so many people are choosing to call Rawls Springs home.

Rawls Springs has an unemployment rate of 6.3%. The US average is 6.0%.

Rawls Springs has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.

Tax Rates for Rawls Springs
- The Sales Tax Rate for Rawls Springs is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rawls Springs 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 Rawls Springs
- The average income of a Rawls Springs resident is $17,927 a year. The US average is $28,555 a year.
- The Median household income of a Rawls Springs resident is $65,430 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRawls Springs, MississippiUnited States
  6.36
  -3.6%-6.2%
  36.2%33.5%
  7.0%6.2%
  5.0%4.6%
  $29,608$37,638
  $65,430$69,021
  $66,370$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.8%6.8%
  0.0%10.0%
  0.0%2.5%
  10.2%11.0%
  26.1%4.8%
  0.0%0.8%
  9.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  5.9%4.2%
  10.2%9.3%
  9.3%14.0%
  0.0%2.1%
  7.5%7.0%
  5.5%4.8%
  6.5%4.7%
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