Zip 38847 (Golden, MS) Economy


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United States / Mississippi / No Metro Area / Tishomingo County / Golden / Golden (zip 38847)
38847 Golden, MS is an ideal area to settle down and begin a family. The 2 bedroom rent in this area averages $740, making it much more affordable than the US average of $1,430 per month. In addition to more affordable housing costs, groceries in this area are much cheaper as their Grocery Cost Index is 93 versus 100 in the US. This makes living here quite a bit more budget-friendly. \nLocal companies in 38847 Golden, MS include Robert's Auto Repair LLC, Smith Hardware & Home Supply Inc., Buford's Creek Packing Company, and Golden Builders LLC. All of these businesses offer valuable services to residents of the area and contribute to its economic success.

Golden (zip 38847) has an unemployment rate of 5.1%. The US average is 6.0%.

Golden (zip 38847) has seen the job market increase by 1.2% 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 Golden (zip 38847)
- The Sales Tax Rate for Golden (zip 38847) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Golden (zip 38847) 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 Golden (zip 38847)
- The average income of a Golden (zip 38847) resident is $17,073 a year. The US average is $28,555 a year.
- The Median household income of a Golden (zip 38847) resident is $46,402 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGolden, MississippiUnited States
  5.16
  -4.8%-6.2%
  36.0%33.5%
  7.0%6.2%
  5.0%4.6%
  $20,700$37,638
  $46,402$69,021
  $55,750$85,028
  Population by Occupation
  7.0%1.2%
  0.0%0.5%
  9.2%6.8%
  40.6%10.0%
  2.6%2.5%
  1.4%11.0%
  2.1%4.8%
  0.8%0.8%
  0.1%1.9%
  3.4%4.7%
  0.0%1.9%
  2.6%7.6%
  0.0%0.1%
  0.1%4.2%
  7.9%9.3%
  11.7%14.0%
  0.6%2.1%
  5.4%7.0%
  1.4%4.8%
  3.1%4.7%
Health