Simpson, MS County is a great place to live with a low cost of living. 2 bedroom rent is $790, compared to the US average of $1,430. Grocery costs are also lower than the national average at 96 index versus 100 in the US. The county has been attracting attention from businesses due to its affordability and proximity to metropolitan areas such as Jackson. Companies like BancorpSouth and Mississippi Power have been doing very well in Simpson for many years now. Overall, there are many benefits of living in Simpson County, including lower rental prices and grocery costs compared to other areas in the country.
Simpson County has an unemployment rate of 5.8%. The US average is 6.0%.
Simpson County has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for Simpson County
- The Sales Tax Rate for Simpson County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Simpson 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 Simpson County
- The average income of a Simpson County resident is $24,810 a year. The US average is $37,638 a year.
- The Median household income of a Simpson County resident is $43,842 a year. The US average is $69,021 a year.