38753 Inverness, Mississippi is a small but growing town located near the banks of the Pearl River. The median two bedroom rent here is $740, which is significantly lower than the US average of $1,430. Additionally, the cost of groceries in this area is very competitive compared to other parts of the country, with an index score of 95 versus 100 in the US. Local businesses in 38753 Inverness include Mason’s Grocery Store and Market, Iuka Independent Bank, Inverness Tire & Auto Repair, and an array of smaller shops and restaurants.
Inverness (zip 38753) has an unemployment rate of 10.3%. The US average is 6.0%.
Inverness (zip 38753) has seen the job market decrease by -2.0% 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 Inverness (zip 38753)
- The Sales Tax Rate for Inverness (zip 38753) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Inverness (zip 38753) 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 Inverness (zip 38753)
- The average income of a Inverness (zip 38753) resident is $20,691 a year. The US average is $37,638 a year.
- The Median household income of a Inverness (zip 38753) resident is $48,167 a year. The US average is $69,021 a year.