equestId":"bd15c60c-2e93-45c4-bb64-549d50c0369b","resource":"content","data":[{"id":"txt_05f24b3855ea45bd9fc92d1a9f1ce25b","text":", and explain the cost of living\n \nBelmont, Mississippi is a small town located in Tishomingo County. This charming community has a population of 38827 people. The average rent for a two bedroom apartment in Belmont is $750, which is significantly lower than the national average of $1430 for the same type of residence. Additionally, Belmont’s grocery cost index sits at 93 compared to 100 nationally, making it an affordable place to live for those on a budget. Popular local businesses include Tishomingo County Hospital, Belmont Truck Stop & Diner and Belmount Pharmacy. With its low rent rates and grocery costs, Belmont offers an attractive cost of living for both long-term residents and visitors alike.
Belmont (zip 38827) has an unemployment rate of 5.1%. The US average is 6.0%.
Belmont (zip 38827) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 36.0%, which is higher than the US average of 33.5%.
Tax Rates for Belmont (zip 38827)
- The Sales Tax Rate for Belmont (zip 38827) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Belmont (zip 38827) 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 Belmont (zip 38827)
- The average income of a Belmont (zip 38827) resident is $22,443 a year. The US average is $37,638 a year.
- The Median household income of a Belmont (zip 38827) resident is $39,556 a year. The US average is $69,021 a year.