Hancock County, MS is a great place to live with its warm climate and small-town feel. It is home to many local businesses such as Hancock Bank, BankPlus, and The Filling Station Restaurant. The cost of living in Hancock County is quite low compared to other areas. Rent for a two-bedroom apartment averages around $940 per month, which is significantly lower than the US average of $1,430 per month. Groceries are also relatively inexpensive at 96 on the index compared to 100 in the US. All these factors combine to create an affordable lifestyle for those who live in Hancock County, MS.
Hancock County has an unemployment rate of 6.9%. The US average is 6.0%.
Hancock County has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 28.3%, which is lower than the US average of 33.5%.
Tax Rates for Hancock County
- The Sales Tax Rate for Hancock County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hancock 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 Hancock County
- The average income of a Hancock County resident is $22,774 a year. The US average is $28,555 a year.
- The Median household income of a Hancock County resident is $58,196 a year. The US average is $69,021 a year.