Corinth, MS Economy


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Corinth, MS is a city that offers affordable housing and cost of living for its residents. The average rent for a two bedroom apartment in the city is $770, which is less than half the national average of $1,430. The cost of goods index in Corinth is also much lower than the national average at 93 versus 100. This makes it an attractive place to live for those looking for a great value and quality of life without breaking their budget. Additionally, Corinth boasts a vibrant economy that provides numerous employment opportunities at well-known local companies such as G&B Transport and Palmetto Pointe apartments,. These businesses offer competitive wages and benefits that are on par with the national averages.

Corinth has an unemployment rate of 5.4%. The US average is 6.0%.

Corinth has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.

Tax Rates for Corinth
- The Sales Tax Rate for Corinth is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Corinth 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 Corinth
- The average income of a Corinth resident is $19,241 a year. The US average is $28,555 a year.
- The Median household income of a Corinth resident is $37,671 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCorinth, MississippiUnited States
  5.46
  -6.3%-6.2%
  32.2%33.5%
  7.0%6.2%
  5.0%4.6%
  $30,239$37,638
  $37,671$69,021
  $57,683$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  2.8%6.8%
  19.0%10.0%
  2.2%2.5%
  12.1%11.0%
  2.9%4.8%
  2.0%0.8%
  0.0%1.9%
  2.1%4.7%
  0.6%1.9%
  6.2%7.6%
  0.0%0.1%
  5.3%4.2%
  8.6%9.3%
  19.8%14.0%
  0.6%2.1%
  9.3%7.0%
  2.8%4.8%
  3.4%4.7%
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