Pontotoc, MS (38863) is an ideal location for families looking to stay within budget. The average cost of rent for a two-bedroom apartment in the area is $750, while the US average sits at $1,430. Groceries are also more affordable than the national average, with Pontotoc having a 93 Grocery Cost Index versus 100 in the US. This makes Pontotoc an attractive destination for those looking to live affordably.
In Pontotoc, there are plenty of local businesses to keep residents occupied. Companies such as Just Wood Furniture and Lamar Sentry Feed & Seed ensure that individuals can take advantage of products and services without having to travel great distances. Furthermore, Pritchard Buggs Insurance Agency provides locals with peace of mind when it comes to their most valued possessions.
Living in Pontotoc is truly an affordable experience given the low cost of rent and groceries compared to the US average. With local businesses providing quality products and services, this small town is sure to impress its residents in more ways than one.
Pontotoc (zip 38863) has an unemployment rate of 6.4%. The US average is 6.0%.
Pontotoc (zip 38863) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 37.4%, which is higher than the US average of 33.5%.
Tax Rates for Pontotoc (zip 38863)
- The Sales Tax Rate for Pontotoc (zip 38863) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Pontotoc (zip 38863) 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 Pontotoc (zip 38863)
- The average income of a Pontotoc (zip 38863) resident is $19,557 a year. The US average is $28,555 a year.
- The Median household income of a Pontotoc (zip 38863) resident is $52,500 a year. The US average is $69,021 a year.