Mississippi State is a great place to live, work and play. With an average 2 Bedroom rent of $890, it's a great option for those looking for an affordable place to call home. The Grocery Cost Index in Mississippi State is also lower than the national average, making it easier to stick to your budget. Local businesses such as the Mississippi State University bookstore, local farmers' market and various restaurants create a unique atmosphere and experience for residents of Mississippi State. Additionally, there are several major employers in the area including Amazon, Walmart and Tyson Foods that offer great job opportunities for people living in Mississippi.
Mississippi has an unemployment rate of 6.3%. The US average is 6.0%.
Mississippi has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Mississippi
- The Sales Tax Rate for Mississippi is 7.1%. The US average is 7.3%.
- The Income Tax Rate for Mississippi 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 Mississippi
- The average income of a Mississippi resident is $26,807 a year. The US average is $37,638 a year.
- The Median household income of a Mississippi resident is $49,111 a year. The US average is $69,021 a year.