Panola County is located in northern Mississippi and is a great place to live. It has an affordable rental rate of only $790 for a two bedroom apartment, making it an attractive destination for those looking for affordable housing. The grocery cost index is below the national average at 93 compared to 100, so residents can expect to spend less on groceries than in other parts of the country. Panola County has many local businesses such as Apple Automotive, BancorpSouth Bank, Dresser Sons Furniture & Appliances, and Biggers Brothers Tire & Auto Repair. These companies all offer quality services and products that are accessible to residents of Panola County.
Panola County has an unemployment rate of 8.1%. The US average is 6.0%.
Panola County has seen the job market decrease by -3.0% over the last year. Future job growth over the next ten years is predicted to be 18.1%, which is lower than the US average of 33.5%.
Tax Rates for Panola County
- The Sales Tax Rate for Panola County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Panola 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 Panola County
- The average income of a Panola County resident is $22,381 a year. The US average is $37,638 a year.
- The Median household income of a Panola County resident is $39,673 a year. The US average is $69,021 a year.