Mississippi State, MS is an exciting place to live with plenty of opportunities for employment and education. Rent for a two-bedroom apartment in Mississippi State is $730 which makes it an affordable option to those looking to rent. Groceries are also more affordable than other states with an index of 102 versus 100 in the US. The state has several large companies such as Walmart, Tyson Foods, Delta Air Lines, Inc., and Nissan North America. Mississippi State offers its residents a lower cost of living than many other states making it an attractive option for those looking to relocate or retire in the area.
Mississippi State has an unemployment rate of 5.8%. The US average is 6.0%.
Mississippi State has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 30.3%, which is lower than the US average of 33.5%.
Tax Rates for Mississippi State
- The Sales Tax Rate for Mississippi State is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mississippi State 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 Mississippi State
- The average income of a Mississippi State resident is $7,262 a year. The US average is $37,638 a year.
- The Median household income of a Mississippi State resident is $0 a year. The US average is $69,021 a year.