Canton, Mississippi is an ideal place to live with a population of 39046 people. The average rent for a two-bedroom apartment in Canton is $900 per month, which is much lower than the national average of $1,430 per month. There are many local businesses that have contributed to the economy such as BankPlus, Nissan North America and Entergy Corporation. Furthermore, the grocery cost index in Canton is 99 versus 100 nationally so it's an economical place to live.
Canton (zip 39046) has an unemployment rate of 4.8%. The US average is 6.0%.
Canton (zip 39046) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 36.8%, which is higher than the US average of 33.5%.
Tax Rates for Canton (zip 39046)
- The Sales Tax Rate for Canton (zip 39046) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Canton (zip 39046) 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 Canton (zip 39046)
- The average income of a Canton (zip 39046) resident is $20,232 a year. The US average is $28,555 a year.
- The Median household income of a Canton (zip 39046) resident is $42,718 a year. The US average is $69,021 a year.