Vardaman, MS is a small rural city located in Calhoun County. It is known for its friendly neighbors and scenic countryside. The cost of living in Vardaman is quite affordable compared to the US as a whole. With 2 bedroom rent in Vardaman being only $680 compared to $1,430 nationally, residents can save significantly on housing costs. Additionally, the Grocery Cost Index in Vardaman is 91 versus 100 in the US, so grocery shopping can be done at a much lower cost than the national average. \nThe town of Vardaman boasts reputable local companies such as BankPlus, Medical Associates and Subway. These organizations offer great job opportunities for locals while supporting economic development within the area. Moreover, with affordable housing prices, local stores providing quality services and products at low cost; Vardaman offers an attractive option for those looking to live frugally without sacrificing comfort or convenience.
Vardaman has an unemployment rate of 6.7%. The US average is 6.0%.
Vardaman has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 27.7%, which is lower than the US average of 33.5%.
Tax Rates for Vardaman
- The Sales Tax Rate for Vardaman is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vardaman 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 Vardaman
- The average income of a Vardaman resident is $15,476 a year. The US average is $28,555 a year.
- The Median household income of a Vardaman resident is $34,013 a year. The US average is $69,021 a year.