38632 Hernando, MS is a great location to call home. This small city offers a cost of living that is lower than the US average, with 2 bedroom rent coming in at $1,120 compared to the US average of $1,430. Grocery costs are also lower here, with a grocery cost index of 99 versus 100 for the US. Local companies include Crown Jewelers and Hernando Animal Clinic. \nThe city offers many amenities such as parks, libraries and restaurants. Residents have access to local schools and churches as well as community events throughout the year. These amenities make this a great place for families or singles looking for an affordable place to live while still having access to all the comforts and conveniences of modern life.
Hernando (zip 38632) has an unemployment rate of 4.6%. The US average is 6.0%.
Hernando (zip 38632) has seen the job market decrease by -4.4% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.
Tax Rates for Hernando (zip 38632)
- The Sales Tax Rate for Hernando (zip 38632) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hernando (zip 38632) 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 Hernando (zip 38632)
- The average income of a Hernando (zip 38632) resident is $34,274 a year. The US average is $37,638 a year.
- The Median household income of a Hernando (zip 38632) resident is $74,866 a year. The US average is $69,021 a year.