Zip 38866 (Saltillo, MS) Economy


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38866 Saltillo, MS is a great place to live and work for those looking for a moderately priced area with plenty of amenities. The average two bedroom rent in 38866 Saltillo, MS is $910 which is about 35% lower than the US two bedroom rent average of $1,430. Similarly, the grocery cost index in 38866 Saltillo, MS is 97 compared to the US index of 100 making groceries more affordable here than other places in the country.
Local businesses are diverse in 38866 Saltillo, MS ranging from retail stores such as Walmart or Target to restaurant chains like Applebee's and KFC. There are also many small business owners who have opened up shop locally such as Haylee'z Boutique and The Cupcake Spot Bakery. All these businesses bring a unique flavor to the community of 38866 Saltillo, MS making it an attractive place to live and work for people looking for something different from what major cities offer.

Saltillo (zip 38866) has an unemployment rate of 5.6%. The US average is 6.0%.

Saltillo (zip 38866) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.

Tax Rates for Saltillo (zip 38866)
- The Sales Tax Rate for Saltillo (zip 38866) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Saltillo (zip 38866) 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 Saltillo (zip 38866)
- The average income of a Saltillo (zip 38866) resident is $22,965 a year. The US average is $28,555 a year.
- The Median household income of a Saltillo (zip 38866) resident is $72,327 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySaltillo, MississippiUnited States
  5.66
  -4.3%-6.2%
  33.3%33.5%
  7.0%6.2%
  5.0%4.6%
  $31,741$37,638
  $72,327$69,021
  $79,821$85,028
  Population by Occupation
  3.0%1.2%
  0.3%0.5%
  2.6%6.8%
  17.0%10.0%
  3.0%2.5%
  9.1%11.0%
  3.6%4.8%
  1.4%0.8%
  3.4%1.9%
  5.3%4.7%
  0.4%1.9%
  3.6%7.6%
  0.0%0.1%
  3.4%4.2%
  11.5%9.3%
  16.1%14.0%
  2.7%2.1%
  5.7%7.0%
  5.0%4.8%
  2.8%4.7%
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