Pike, MS County is an ideal place to live for those looking for affordable rental and living costs. The average two-bedroom rent in Pike, MS County is $840, significantly lower than the US 2 bedroom rent of $1,430. Additionally, the Grocery Cost Index in Pike is 94 versus the US average of 100, meaning that groceries are relatively inexpensive compared to other parts of the country. There are a number of companies located in Pike as well such as Golden Moon Casino and Hotel and The University of Southern Mississippi. With its low rental rates and reasonable grocery costs, Pike offers an affordable cost of living much lower than the national average.
Pike County has an unemployment rate of 7.8%. The US average is 6.0%.
Pike County has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Pike County
- The Sales Tax Rate for Pike County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pike 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 Pike County
- The average income of a Pike County resident is $17,671 a year. The US average is $28,555 a year.
- The Median household income of a Pike County resident is $36,308 a year. The US average is $69,021 a year.