Greenwood, MS Metro Area is a great place to live for those looking for an affordable place to settle down. Compared to the national US average, two bedroom rent in Greenwood is significantly less at $770 while the US 2 Bedroom Rent is priced at $1,430. Additionally, the Grocery Cost Index in Greenwood is 95 compared to 100 in the US making it more economical for grocery purchases as well. The area also has popular companies such as Viking Range Corporation, B&B Machine & Grinding Services Inc., and True Temper Sports Inc which are all major employers in Greenwood. Therefore, anyone looking for an affordable place not only to settle down but also to begin their career should consider moving to Greenwood.
Greenwood Metro Area has an unemployment rate of 8.7%. The US average is 6.0%.
Greenwood Metro Area has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Greenwood Metro Area
- The Sales Tax Rate for Greenwood Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greenwood 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 Greenwood Metro Area
- The average income of a Greenwood Metro Area resident is $21,963 a year. The US average is $37,638 a year.
- The Median household income of a Greenwood Metro Area resident is $33,429 a year. The US average is $69,021 a year.