Verona, MS is a small town with a population of about 2,000 people located in Lee County. The rent for two bedroom apartments is significantly lower than the US average of $1,430; in Verona it is only $880. Additionally, the Grocery Cost Index in Verona is 94 versus 100 in the US, meaning groceries are relatively cheaper there. With this being said, Verona is an affordable place to live compared to other cities in the United States. The local business community consists of companies such as Dollar General Store, Rebuild MS Corp., and AutoZone making it easy for residents to access goods and services within their city limits. In conclusion, Verona offers an attractive level of affordability both when it comes to rent costs as well as cost of living which makes it a great option for those looking for an affordable place to call home.
Verona has an unemployment rate of 5.6%. The US average is 6.0%.
Verona has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Verona
- The Sales Tax Rate for Verona is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Verona 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 Verona
- The average income of a Verona resident is $13,307 a year. The US average is $28,555 a year.
- The Median household income of a Verona resident is $36,795 a year. The US average is $69,021 a year.