Seminary, MS is a small town located in Covington County. It offers a range of local amenities and businesses for its residents. Popular companies operating within the area include Seminary Hardware, Seminary Pharmacy and Big Blue Market. Additionally, there are some great restaurants like Mama's Cafe and The Red Oak Grill. The cost of living is quite reasonable with 2-bedroom rent typically costing around $740 while the grocery cost index in the town is 97 compared to 100 in the US. All these factors make it an attractive option for those looking for a more affordable area to live in while still having access to modern amenities.
Seminary has an unemployment rate of 5.9%. The US average is 6.0%.
Seminary has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Seminary
- The Sales Tax Rate for Seminary is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Seminary 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 Seminary
- The average income of a Seminary resident is $21,646 a year. The US average is $28,555 a year.
- The Median household income of a Seminary resident is $48,750 a year. The US average is $69,021 a year.