Toomsuba, MS is a small town with a population of about 1,600. Located within Lauderdale county, Toomsuba offers its residents an excellent quality of life for an affordable cost. The cost of two bedroom rent in Toomsuba is $820 which is significantly lower than the US average of $1,430. Additionally, grocery costs are also very low with the Grocery Cost Index in Toomsuba being 96 versus 100 in the US. \nThe city offers plenty for its residents including local businesses such as BankPlus, Magnolia Home Healthcare Services, Hahn Electric Inc., and Excell Home Health Care Agency. There are several parks and lakes throughout the area providing outdoor activities like fishing and hiking for people of all ages. Toomsuba also has multiple churches offering spiritual guidance to its citizens as well as being home to many locally owned restaurants with delicious food. All in all there's something available for everyone in this small town making it a great place to live and raise families.
Toomsuba has an unemployment rate of 5.9%. The US average is 6.0%.
Toomsuba has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Toomsuba
- The Sales Tax Rate for Toomsuba is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Toomsuba 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 Toomsuba
- The average income of a Toomsuba resident is $23,484 a year. The US average is $37,638 a year.
- The Median household income of a Toomsuba resident is $0 a year. The US average is $69,021 a year.