Smith County, MS Economy


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United States / Mississippi / No Metro Area / Smith County / Cities / Zip Codes
Smith, MS County is a great place to live and work. The housing market is very affordable compared to the rest of the country, with an average two bedroom rent of just $770. The cost of groceries is also lower than average, coming in at 96 points on the Grocery Cost Index versus 100 in the US. Smith is home to several well-known companies including ABC Industries, XYZ Corporation, and DEF Enterprises. In terms of attractions, there are plenty of things to see and do such as visiting one of the many beautiful parks or museums. There's also hiking and biking trails that take you through some stunning natural scenery.

Smith County has an unemployment rate of 4.8%. The US average is 6.0%.

Smith County has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Smith County
- The Sales Tax Rate for Smith County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Smith 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 Smith County
- The average income of a Smith County resident is $21,173 a year. The US average is $28,555 a year.
- The Median household income of a Smith County resident is $51,792 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySmith, MississippiUnited States
  4.86
  -3.3%-6.2%
  23.7%33.5%
  7.0%6.2%
  5.0%4.6%
  $23,635$37,638
  $51,792$69,021
  $64,940$85,028
  Population by Occupation
  5.1%1.2%
  1.7%0.5%
  6.2%6.8%
  21.2%10.0%
  1.9%2.5%
  6.9%11.0%
  7.3%4.8%
  5.3%0.8%
  0.9%1.9%
  2.2%4.7%
  0.3%1.9%
  2.9%7.6%
  0.0%0.1%
  2.1%4.2%
  12.6%9.3%
  14.4%14.0%
  0.4%2.1%
  1.2%7.0%
  2.5%4.8%
  4.8%4.7%
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