38745 Grace, MS is a pleasant area with an affordable cost of living. The average 2 bedroom rent in 38745 Grace, MS is $840 which is substantially lower than the US average of $1,430. Additionally, the grocery cost index here is 97 versus 100 in the US making food accessible and more affordable for residents.
The local businesses in 38745 Grace, MS include JW Home Improvement Store and B&B Hardware Store. JW Home Improvement Store offers construction supplies such as nails, screws and wood plus other materials like roofing tiles and flooring materials to make building easy for customers. It also offers delivery services within a certain radius from its store location near State Street. B&B hardware store located close to Lake Valley has a wide range of products ranging from paints to kitchenware items that are necessary for home improvement projects. It also provides customer service to help customers with their DIY projects as well as installation services where it sends technicians to install purchased products at customers' residences.
Grace (zip 38745) has an unemployment rate of 11.3%. The US average is 6.0%.
Grace (zip 38745) 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 15.2%, which is lower than the US average of 33.5%.
Tax Rates for Grace (zip 38745)
- The Sales Tax Rate for Grace (zip 38745) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Grace (zip 38745) 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 Grace (zip 38745)
- The average income of a Grace (zip 38745) resident is $15,021 a year. The US average is $37,638 a year.
- The Median household income of a Grace (zip 38745) resident is $89,375 a year. The US average is $69,021 a year.