Holmes, MS County is an affordable place to live in with 2 bedroom rent costing only $770 compared to the US average of $1,430. The grocery cost index in Holmes is 94 as opposed to 100 in the US. This makes it an economically viable choice for families and individual alike. There are several local companies operating out of Holmes County such as Prosser Farms, The Parker Agency and Walker Insurance. Furthermore, the county has a population of 19,294 people according to 2019 estimates making it relatively less crowded than other areas.
Holmes County has an unemployment rate of 12.3%. The US average is 6.0%.
Holmes County 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 Holmes County
- The Sales Tax Rate for Holmes County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Holmes 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 Holmes County
- The average income of a Holmes County resident is $11,914 a year. The US average is $28,555 a year.
- The Median household income of a Holmes County resident is $24,958 a year. The US average is $69,021 a year.