Southaven, MS is an ideal city for people looking for a peaceful and affordable place to live. With a rent of $1,280 for two bedrooms, Southaven is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Southaven is 96 compared to the US’s 100.
The city of Southaven prides itself on its entertainment offerings and ample outdoor activities. There are several notable businesses located in Southaven such as Thacker Casket Company Inc., Eastgate Industries LLC , and Showplace Cinemas. You could also explore the outdoors at Snowden Grove Park or visit the family-friendly Memphis Zoo just 30 minutes away. All in all, Southaven provides an enjoyable place to live with numerous local attractions to explore.
Southaven has an unemployment rate of 4.1%. The US average is 6.0%.
Southaven has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.
Tax Rates for Southaven
- The Sales Tax Rate for Southaven is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Southaven 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 Southaven
- The average income of a Southaven resident is $24,944 a year. The US average is $28,555 a year.
- The Median household income of a Southaven resident is $67,157 a year. The US average is $69,021 a year.