Ripley, MS is a small town in the northern part of Mississippi. It has an estimated population of 8,298 people (as of 2019). The two bedroom rent in Ripley is significantly lower than the US national average at $750 compared to $1,430. Additionally, the grocery cost index in Ripley is 93 which is lower than the US national index at 100. This makes Ripley a great place for those looking for an affordable place to live.
The city offers plenty of businesses and organizations that help make life there more enjoyable. There are local banks such as BankPlus and First Security Bank; popular restaurants like El Charro Mexican Restaurant and McGee's Pit BBQ; healthcare options such as North Mississippi Medical Center-Tupelo; educational opportunities like Northwest Community College; retail outlets like Walmart Supercenter and Tractor Supply Co.; and many more local businesses around town.
All in all, Ripley is a great place to live with its affordable cost of living. Renting a two bedroom apartment costs significantly less than the US average while groceries remain relatively low compared to other places in the country. With all of its amenities, it's no wonder why people are choosing to call this small town home.
Ripley has an unemployment rate of 5.6%. The US average is 6.0%.
Ripley 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 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Ripley
- The Sales Tax Rate for Ripley is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ripley 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 Ripley
- The average income of a Ripley resident is $18,571 a year. The US average is $28,555 a year.
- The Median household income of a Ripley resident is $54,647 a year. The US average is $69,021 a year.