Zip 38720 (Alligator, MS) Economy


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38720 Alligator, MS is a great place to live and work. The average 2 Bedroom rent in this area is $680, which is significantly lower than the national average of $1,430 per month. Grocery costs are also very affordable with the cost index being 88 compared to 100 at the national level. The area is home to several local companies including Packaging Plus Corp., M & S Electronics, and Suburban Utilities Inc. These companies provide residents with good job opportunities as well as support for the local economy.

Alligator (zip 38720) has an unemployment rate of 7.7%. The US average is 6.0%.

Alligator (zip 38720) has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 16.2%, which is lower than the US average of 33.5%.

Tax Rates for Alligator (zip 38720)
- The Sales Tax Rate for Alligator (zip 38720) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Alligator (zip 38720) 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 Alligator (zip 38720)
- The average income of a Alligator (zip 38720) resident is $20,099 a year. The US average is $28,555 a year.
- The Median household income of a Alligator (zip 38720) resident is $36,875 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlligator, MississippiUnited States
  7.76
  -5.3%-6.2%
  16.2%33.5%
  7.0%6.2%
  5.0%4.6%
  $19,966$37,638
  $36,875$69,021
  $53,516$85,028
  Population by Occupation
  10.5%1.2%
  0.0%0.5%
  7.5%6.8%
  1.9%10.0%
  0.0%2.5%
  16.9%11.0%
  0.0%4.8%
  4.9%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  13.9%9.3%
  24.7%14.0%
  5.2%2.1%
  0.0%7.0%
  8.6%4.8%
  6.0%4.7%
Health