Zip 39116 (Mize, MS) Economy


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United States / Mississippi / No Metro Area / Smith County / Mize / Mize (zip 39116)
39116 Mize, MS is an affordable place to live with a 2 bedroom rent of $840 compared to the US average of $1,430. It also has a relatively low cost of living demonstrated by its grocery cost index of 95 compared to the US rate of 100. Locally there are a variety of businesses including First Bank Financial Services, Trademark Pest Control, and Aarons Auto Repair. These companies provide excellent services to the citizens of Mize and ensure that they can maintain their comfortable lifestyle at an affordable rate.

Mize (zip 39116) has an unemployment rate of 4.8%. The US average is 6.0%.

Mize (zip 39116) has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 23.7%, which is lower than the US average of 33.5%.

Tax Rates for Mize (zip 39116)
- The Sales Tax Rate for Mize (zip 39116) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mize (zip 39116) 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 Mize (zip 39116)
- The average income of a Mize (zip 39116) resident is $24,660 a year. The US average is $28,555 a year.
- The Median household income of a Mize (zip 39116) resident is $54,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMize, MississippiUnited States
  4.86
  -3.3%-6.2%
  23.7%33.5%
  7.0%6.2%
  5.0%4.6%
  $22,831$37,638
  $54,500$69,021
  $70,625$85,028
  Population by Occupation
  17.6%1.2%
  0.1%0.5%
  3.3%6.8%
  22.2%10.0%
  0.0%2.5%
  7.4%11.0%
  6.6%4.8%
  5.7%0.8%
  0.3%1.9%
  2.8%4.7%
  0.0%1.9%
  2.1%7.6%
  0.0%0.1%
  0.0%4.2%
  8.7%9.3%
  9.6%14.0%
  0.0%2.1%
  0.0%7.0%
  8.3%4.8%
  5.4%4.7%
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