Zip 38751 (Indianola, MS) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
38751 Indianola, MS is an area that offers affordable living. The current 2 bedroom rent in the area is $670, which is much lower than the US average of $1,430. Additionally, grocery cost index in this area is 93 compared to the US average of 100, making it a great place to live economically. In terms of local companies, 38751 Indianola has a wide range of businesses from restaurants such as Mimi’s Soul Food Restaurant and The Depot Café to larger chain stores like Walmart and CVS. There are also plenty of small businesses such as hair salons, auto repair shops and hardware stores. With its low costs of living and vibrant local economy, 38751 Indianola makes for an ideal place to live and work.

Indianola (zip 38751) has an unemployment rate of 10.3%. The US average is 6.0%.

Indianola (zip 38751) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 11.2%, which is lower than the US average of 33.5%.

Tax Rates for Indianola (zip 38751)
- The Sales Tax Rate for Indianola (zip 38751) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Indianola (zip 38751) 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 Indianola (zip 38751)
- The average income of a Indianola (zip 38751) resident is $18,822 a year. The US average is $28,555 a year.
- The Median household income of a Indianola (zip 38751) resident is $33,347 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIndianola, MississippiUnited States
  10.36
  -2.0%-6.2%
  11.2%33.5%
  7.0%6.2%
  5.0%4.6%
  $19,161$37,638
  $33,347$69,021
  $46,984$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  2.1%6.8%
  9.9%10.0%
  2.1%2.5%
  10.5%11.0%
  8.8%4.8%
  1.0%0.8%
  1.3%1.9%
  3.3%4.7%
  1.6%1.9%
  0.4%7.6%
  0.0%0.1%
  0.2%4.2%
  16.1%9.3%
  12.4%14.0%
  1.9%2.1%
  13.3%7.0%
  8.3%4.8%
  5.3%4.7%
Health