38642 Lamar, MS is an ideal location for residents looking for a reasonably priced and comfortable place to call home. The 2 bedroom rent in Lamar is only $850, which is significantly lower than the national average of $1,430, making it an affordable option for many people. Not only that, but the Grocery Cost Index in Lamar is 93 compared to 100 in the US - another great savings opportunity.
In terms of local businesses and amenities, Lamar has plenty to offer! There are several grocery stores such as Piggly Wiggly and Dollar General located nearby. Residents can also shop at numerous retail outlets including Big Lots and Save-A-Lot. A variety of restaurants can be found including Italian favorites such as Alfredo's Pizza & Pasta and Mexican eateries like La Rosa Mexican Restaurant & Cantina. Furthermore, active recreation options are available nearby with public parks like McCulley Park and the Reuben Burt Memorial Park offering recreational activities such as tennis courts, playgrounds, walking trails and more.
Lamar (zip 38642) has an unemployment rate of 6.2%. The US average is 6.0%.
Lamar (zip 38642) has seen the job market increase by 1.6% 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 Lamar (zip 38642)
- The Sales Tax Rate for Lamar (zip 38642) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lamar (zip 38642) 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 Lamar (zip 38642)
- The average income of a Lamar (zip 38642) resident is $16,955 a year. The US average is $28,555 a year.
- The Median household income of a Lamar (zip 38642) resident is $53,191 a year. The US average is $69,021 a year.