Corinth, MS Metro Area is a great place to live and work. It has a lower cost of living than the US average, with two bedroom rents at $770 as opposed to the US average of $1,430. Grocery costs in Corinth are also lower than the national average, with an index of 93 versus 100. The area is home to several major companies such as Baldor Electric Company and Alcorn State University. There are plenty of attractions for residents to enjoy as well, such as Crossroads Museum and the Magnolia Bowl Recreation Center. With its affordability and abundance of activities available, Corinth is a great place for families and individuals to call home.
Corinth Metro Area has an unemployment rate of 5.4%. The US average is 6.0%.
Corinth Metro Area has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 32.2%, which is lower than the US average of 33.5%.
Tax Rates for Corinth Metro Area
- The Sales Tax Rate for Corinth Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Corinth Metro Area 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 Corinth Metro Area
- The average income of a Corinth Metro Area resident is $18,758 a year. The US average is $28,555 a year.
- The Median household income of a Corinth Metro Area resident is $44,068 a year. The US average is $69,021 a year.