Pontotoc, MS County is an up and coming area. While the county does not have a large population, it has many advantages that make it attractive to people looking to move. The two bedroom rent in Pontotoc, MS County is much more affordable than the US at large with a rate of $770 instead of $1,430. Additionally, groceries are also cheaper in this county with a grocery cost index of 93 as opposed to the US average of 100. Many businesses like Pontotoc Co-Op Gin Company, Hammons Construction and Ivey Transport are updating this town and drawing in new residents from across the country.
Pontotoc County has an unemployment rate of 6.4%. The US average is 6.0%.
Pontotoc County has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for Pontotoc County
- The Sales Tax Rate for Pontotoc County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pontotoc 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 Pontotoc County
- The average income of a Pontotoc County resident is $19,481 a year. The US average is $28,555 a year.
- The Median household income of a Pontotoc County resident is $52,150 a year. The US average is $69,021 a year.