Vicksburg, MS is a great place to settle down. It has affordable rental rates with two bedroom apartments costing $600 compared to the US average of $1430. On top of that, grocery costs in Vicksburg are slightly lower than the national average. There are numerous companies located in Vicksburg that make it an attractive city for its residents - these include Walmart, Entergy Corporation and The Home Depot. With a low cost of living and plenty of job opportunities available from local businesses, Vicksburg is an ideal choice for those looking to move to a new city.
Vicksburg has an unemployment rate of 8.5%. The US average is 6.0%.
Vicksburg has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Vicksburg
- The Sales Tax Rate for Vicksburg is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Vicksburg 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 Vicksburg
- The average income of a Vicksburg resident is $25,201 a year. The US average is $37,638 a year.
- The Median household income of a Vicksburg resident is $37,995 a year. The US average is $69,021 a year.