Natchez, MS Metro Area is a great place to live and work for those looking for an affordable lifestyle. The two bedroom rent in the area is $760, which is much lower than the national average of $1,430. Grocery costs are also low at 90 on the index versus 100 in the US. There are many local companies that provide employment and economic opportunities such as Walmart, Mississippi Steamboat Company and Natchez Trace Auto Group. This makes Natchez a great option for those looking to save money and enjoy all that the area has to offer.
Natchez Metro Area has an unemployment rate of 8.4%. The US average is 6.0%.
Natchez Metro Area has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 15.1%, which is lower than the US average of 33.5%.
Tax Rates for Natchez Metro Area
- The Sales Tax Rate for Natchez Metro Area is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Natchez 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 Natchez Metro Area
- The average income of a Natchez Metro Area resident is $17,373 a year. The US average is $28,555 a year.
- The Median household income of a Natchez Metro Area resident is $34,483 a year. The US average is $69,021 a year.