Walls, MS is a small town located near Memphis. It is renowned for its friendly atmosphere and has many local companies that contribute to its economy. In particular, there are several manufacturing businesses such as Walls Industries, Taylor Precision Products, and Cat Products, as well as smaller shops such as Baron's Hardware and Grocery Store. The rent for a two bedroom apartment is $950 which is much lower than the US average of $1,430 per month. Additionally, the grocery cost index in Walls is 97 relative to 100 in the US meaning groceries tend to be relatively inexpensive compared to national averages. All these factors make Walls an attractive place to live or visit.
Walls has an unemployment rate of 4.6%. The US average is 6.0%.
Walls 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 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Walls
- The Sales Tax Rate for Walls is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Walls 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 Walls
- The average income of a Walls resident is $16,268 a year. The US average is $28,555 a year.
- The Median household income of a Walls resident is $35,643 a year. The US average is $69,021 a year.