Goodman, MS is a small town located in the Mississippi region. The 2 bedroom rent in Goodman is significantly lower than the US average rent, at only $760 compared to $1,430. This makes Goodman an attractive option for those looking to save money on rent. Similarly, the Grocery Cost Index in Goodman is 94 compared to 100 in the US, indicating that there are savings to be had when shopping for groceries in Goodman. There are a few local companies located in Goodman such as Dave's Towing Service and Downer Plumbing Co., both of which offer reliable services at competitive prices compared to larger businesses. Overall, Goodman offers a much more affordable lifestyle than other towns with a comparable population size due to its lower costs of living.
Goodman has an unemployment rate of 12.3%. The US average is 6.0%.
Goodman has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 8.8%, which is lower than the US average of 33.5%.
Tax Rates for Goodman
- The Sales Tax Rate for Goodman is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Goodman 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 Goodman
- The average income of a Goodman resident is $8,926 a year. The US average is $28,555 a year.
- The Median household income of a Goodman resident is $14,861 a year. The US average is $69,021 a year.