Brandon, MS is a small city located in Rankin County, with a population of 39,047. It is known for its affordability in both housing costs and groceries. The average rent for a two-bedroom apartment in Brandon is $1,580, which is much lower than the national average of $1,430. Additionally, the grocery cost index in Brandon is 103 compared to 100 on the national level.
Businesses in Brandon range from local companies like Country Financial Solutions, Rainey Pest Solutions and South Central Motors to more well-known national chains such as McDonald's and Walmart. This blend of local and national stores allows residents to enjoy the convenience of bigger chain stores while also supporting local businesses in their community.
Brandon (zip 39047) has an unemployment rate of 4.1%. The US average is 6.0%.
Brandon (zip 39047) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Brandon (zip 39047)
- The Sales Tax Rate for Brandon (zip 39047) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Brandon (zip 39047) 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 Brandon (zip 39047)
- The average income of a Brandon (zip 39047) resident is $42,737 a year. The US average is $37,638 a year.
- The Median household income of a Brandon (zip 39047) resident is $90,577 a year. The US average is $69,021 a year.