Okolona, MS (38860) is a small town located in Chickasaw County with a population of about 3,000 people. The average two bedroom rent in Okolona is $670, which is much lower than the US average of $1,430. Additionally, the cost of groceries index in Okolona is also lower than the US average at 94 versus 100 respectively. \nThere are several businesses that call Okolona home such as D&D Automotive Repair & Sales, Lamar’s Appliance Repair, and Johnston’s Country Store. Additionally, there are several medical services in the area such as North Mississippi Medical Center-Guntown Clinic and Okolona Wellness Center. Furthermore, there are several churches of various denominations throughout the community including First United Methodist Church and St Joseph Catholic Church.
Okolona (zip 38860) has an unemployment rate of 8.0%. The US average is 6.0%.
Okolona (zip 38860) has seen the job market decrease by -5.1% over the last year. Future job growth over the next ten years is predicted to be 25.8%, which is lower than the US average of 33.5%.
Tax Rates for Okolona (zip 38860)
- The Sales Tax Rate for Okolona (zip 38860) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Okolona (zip 38860) 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 Okolona (zip 38860)
- The average income of a Okolona (zip 38860) resident is $21,760 a year. The US average is $37,638 a year.
- The Median household income of a Okolona (zip 38860) resident is $42,976 a year. The US average is $69,021 a year.