39755 Pheba, MS is a small rural community located in Clay County. It offers its residents an affordable cost of living with a 2 bedroom rent of only $710, which is significantly lower than the US average of $1,430. Additionally, grocery cost index in this area is 94 versus 100 in the US. This low cost of living allows locals to spend more on other expenses such as entertainment and leisure activities. \nThere are many local businesses that have been around for generations. The most popular ones are Pheba Grocery Store, Clay County Farm Bureau Insurance Agency, Pheba Lumber Company, and Central Mississippi Railroad Company. These companies offer locals quality products and services that are essential for their day-to-day needs. Furthermore, they provide employment opportunities to the local community and help it remain vibrant through their continued presence.
Pheba (zip 39755) has an unemployment rate of 8.6%. The US average is 6.0%.
Pheba (zip 39755) has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 22.2%, which is lower than the US average of 33.5%.
Tax Rates for Pheba (zip 39755)
- The Sales Tax Rate for Pheba (zip 39755) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pheba (zip 39755) 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 Pheba (zip 39755)
- The average income of a Pheba (zip 39755) resident is $35,316 a year. The US average is $37,638 a year.
- The Median household income of a Pheba (zip 39755) resident is $51,576 a year. The US average is $69,021 a year.