Ocean Springs, MS is an ideal place to call home. It is conveniently close to the beach, and residents can enjoy amenities such as local restaurants, retail stores, boutique shops, museums, art galleries and cultural institutions such as the Walter Anderson Museum of Art. The cost of living in Ocean Springs is lower than the U.S. average according to statistics from Numbeo. The 2 bedroom rent is only $1,000 compared to $1,430 in the US which makes it an attractive location for those looking for affordable housing. Additionally, groceries cost 96 points on the index compared to 100 points nationally which can help with overall budgeting costs in Ocean Springs. Local businesses have been thriving due to these economic factors and include companies like Mississippi Coast Printing Solutions and Hard Rock Café Gulf Coast – both of which are located in downtown Ocean Springs. Overall this coastal town offers great value for anyone looking for a more relaxed lifestyle without breaking their wallet!
Ocean Springs has an unemployment rate of 6.7%. The US average is 6.0%.
Ocean Springs has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.7%, which is lower than the US average of 33.5%.
Tax Rates for Ocean Springs
- The Sales Tax Rate for Ocean Springs is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ocean Springs 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 Ocean Springs
- The average income of a Ocean Springs resident is $32,707 a year. The US average is $28,555 a year.
- The Median household income of a Ocean Springs resident is $63,653 a year. The US average is $69,021 a year.