38629 Falkner, MS is a small rural town located in North Mississippi. The two bedroom rent in the area is significantly lower than the US average at just $750 per month compared to $1,430. Groceries are also more affordable with an index of 93 versus 100 in the US. Local companies in the area include Falkner Manufacturing Inc., which manufactures various automotive parts and products, and Macon Poultry Farms which specializes in high quality poultry and eggs. Other businesses include a few local restaurants, convenience stores, gas stations, beauty salons, and more.
Falkner (zip 38629) has an unemployment rate of 5.6%. The US average is 6.0%.
Falkner (zip 38629) has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 29.6%, which is lower than the US average of 33.5%.
Tax Rates for Falkner (zip 38629)
- The Sales Tax Rate for Falkner (zip 38629) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Falkner (zip 38629) 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 Falkner (zip 38629)
- The average income of a Falkner (zip 38629) resident is $17,203 a year. The US average is $37,638 a year.
- The Median household income of a Falkner (zip 38629) resident is $50,000 a year. The US average is $69,021 a year.