Grenada MS County is a great place to live with its low cost of living. The two bedroom rent in Grenada is only $770 compared to a national average of $1,430. Grocery costs are also much lower than the national average; at 92 compared to 100 nationally. There are many great companies that call Grenada home such as M&F Bank, FNC, Inc., and Rheinhardt Broadcasting Corporation just to name a few. All in all, living in Grenada MS County is much more economical because of it’s lower cost of housing and groceries when compared to the rest of the US.
Grenada County has an unemployment rate of 5.7%. The US average is 6.0%.
Grenada County has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.
Tax Rates for Grenada County
- The Sales Tax Rate for Grenada County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grenada County 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 Grenada County
- The average income of a Grenada County resident is $25,361 a year. The US average is $37,638 a year.
- The Median household income of a Grenada County resident is $40,808 a year. The US average is $69,021 a year.