Shelby, MS is a small town in the southeastern US with plenty to offer. The average cost of a two bedroom apartment in Shelby is $680, which is much lower than the national average of $1,430. Furthermore, the grocery cost index in Shelby is 92 compared to 100 nationally. This low cost of living makes Shelby attractive for families looking to save money. Residents of Shelby are served by several local businesses such as Smith’s Grocery Store and Shel-Town Bank. Additionally, there are multiple parks located around the town that provide many outdoor activities for people to enjoy such as hiking trails and picnic areas. In conclusion, Shelby is an ideal location for anyone looking for a smaller town atmosphere without sacrificing amenities or comfort.
Shelby has an unemployment rate of 7.7%. The US average is 6.0%.
Shelby has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.
Tax Rates for Shelby
- The Sales Tax Rate for Shelby is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shelby 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 Shelby
- The average income of a Shelby resident is $10,087 a year. The US average is $28,555 a year.
- The Median household income of a Shelby resident is $26,762 a year. The US average is $69,021 a year.