The small town of Lorman, MS is a great place to call home. With a population of just under 400 people, it is an ideal location for those seeking a more rural lifestyle. The cost of living is low, with two bedroom rent for $700 per month and grocery costs index at 93 compared to 100 in the US. Local businesses in the area include the Crystal Springs Country Store which offers a variety of merchandise, as well as the Lorman Feed Mill which provides feed for local farmers. Other attractions in Lorman include Granada Theater where locals can watch movies or plays and take part in other community entertainment events. Additionally, there are several churches located throughout the town that provide spiritual guidance for its residents.
Lorman (zip 39096) has an unemployment rate of 16.7%. The US average is 6.0%.
Lorman (zip 39096) has seen the job market decrease by -1.5% over the last year. Future job growth over the next ten years is predicted to be 3.3%, which is lower than the US average of 33.5%.
Tax Rates for Lorman (zip 39096)
- The Sales Tax Rate for Lorman (zip 39096) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lorman (zip 39096) 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 Lorman (zip 39096)
- The average income of a Lorman (zip 39096) resident is $9,028 a year. The US average is $28,555 a year.
- The Median household income of a Lorman (zip 39096) resident is $31,250 a year. The US average is $69,021 a year.