Smithville, MS is an affordable city for those looking to rent. The average 2 bedroom rent rate in Smithville is $780 per month compared to the national average of $1,430. Additionally, the grocery cost index in Smithville is 95 while that of the US is 100. This means groceries are cheaper in Smithville than other parts of the country. The city has some great local companies such as ABC Industries and The Smithville Group. It's a great place for people looking for a low cost of living while still having access to a wide range of services and amenities.
Smithville has an unemployment rate of 6.1%. The US average is 6.0%.
Smithville has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.
Tax Rates for Smithville
- The Sales Tax Rate for Smithville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Smithville 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 Smithville
- The average income of a Smithville resident is $18,106 a year. The US average is $28,555 a year.
- The Median household income of a Smithville resident is $39,583 a year. The US average is $69,021 a year.