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Red Banks, MS Economy
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Memphis Metro Area
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Marshall County
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Red Banks, MS is a small town with a population of around 4,000 people. The average 2 bedroom rental in Red Banks is significantly lower than the US average at $1,430 per month. Additionally, the cost of groceries index in Red Banks is also much lower than the US average at 100 versus 100 in the US. This makes living in Red Banks much more affordable and attractive for those looking to escape high costs of living and enjoy a slower paced lifestyle. Red Banks offers just that with plenty of local businesses such as Tom's Grocery Store, Smith's Hardware Store, and Little & Sons Bakery. All these businesses provide residents with great prices on their goods and services making living in Red Banks even more affordable. In short, Red Banks is an attractive place to live for those looking for an affordable cost of living and a relaxed atmosphere.
Income by Population Percent
Economy
Red Banks, Mississippi
United States
Unemployment Rate
6
Recent Job Growth
-0.0618
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