Zip 38849 (Guntown, MS) Economy


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Guntown, MS (38849) is a small town located in Lee County with a population of 1,854 as of 2019. It is known for its historic downtown area, popular local restaurants and shops. The average two bedroom rent in Guntown is $870 compared to the United States average of $1,430. In addition, the Grocery Cost Index in Guntown is 95 versus 100 in the US. Local establishments include Henley's BBQ & Catfish Restaurant which serves up classic Southern food and The Key Market where residents can find groceries at an economical price. Additionally, there are several businesses that specialize in antiques and rural crafts like Barb's Antiques & Collectibles and Country Crafts & Treasures Boutique. All these features make Guntown an attractive place to live for those who enjoy a slower pace of life with access to plenty of local amenities.

Guntown (zip 38849) has an unemployment rate of 5.6%. The US average is 6.0%.

Guntown (zip 38849) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.

Tax Rates for Guntown (zip 38849)
- The Sales Tax Rate for Guntown (zip 38849) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Guntown (zip 38849) 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 Guntown (zip 38849)
- The average income of a Guntown (zip 38849) resident is $26,848 a year. The US average is $37,638 a year.
- The Median household income of a Guntown (zip 38849) resident is $67,279 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGuntown, MississippiUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
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    Unlock4.8%
    Unlock4.7%
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