Morgan City, MS (38946) is a small city located in Smith County. It has a population of about 3000 people and is located close to the state capital of Jackson. The average two-bedroom rent in Morgan City is $680, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Morgan City is 93 compared to the US index of 100.
For those living in Morgan City, there are a number of local companies to choose from. These include businesses such as The M&M Grocery Store, Smith County Oil & Gas Co., and Smithtown Auto Parts. For the entertainment needs of its residents, there are several restaurants such as Papa Joe's Pizza and Salina's Mexican Restaurant. Additionally, there are a few banks that serve this area including BankPlus and The First State Bank of Mississippi. All these companies make it easy for Morgan City residents to enjoy their everyday living experiences while also getting what they need at an affordable price.
Morgan City (zip 38946) has an unemployment rate of 9.5%. The US average is 6.0%.
Morgan City (zip 38946) has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Morgan City (zip 38946)
- The Sales Tax Rate for Morgan City (zip 38946) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Morgan City (zip 38946) 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 Morgan City (zip 38946)
- The average income of a Morgan City (zip 38946) resident is $11,691 a year. The US average is $37,638 a year.
- The Median household income of a Morgan City (zip 38946) resident is $16,950 a year. The US average is $69,021 a year.