Zip 38870 (Smithville, MS) Economy


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United States / Mississippi / No Metro Area / Monroe County / Smithville / Smithville (zip 38870)
38870 Smithville, MS is a great place to live with its affordable 2 bedroom rent of only $750. It also has very inexpensive groceries as the Grocery Cost Index in the area is 95 versus 100 in the US. The town offers many exciting attractions at prices that don't break your budget. There are plenty of local companies such as Smithville Hardware and Smithville Lumber Supply which provide employment opportunities and support the community. There are also lots of great restaurants like Uncle Joe's Bar-B-Que and Pizza Palace, where locals can enjoy delicious food without breaking their budget.

Smithville (zip 38870) has an unemployment rate of 6.1%. The US average is 6.0%.

Smithville (zip 38870) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 26.0%, which is lower than the US average of 33.5%.

Tax Rates for Smithville (zip 38870)
- The Sales Tax Rate for Smithville (zip 38870) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Smithville (zip 38870) 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 Smithville (zip 38870)
- The average income of a Smithville (zip 38870) resident is $22,350 a year. The US average is $28,555 a year.
- The Median household income of a Smithville (zip 38870) resident is $54,516 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySmithville, MississippiUnited States
  6.16
  -3.4%-6.2%
  26.0%33.5%
  7.0%6.2%
  5.0%4.6%
  $24,559$37,638
  $54,516$69,021
  $66,875$85,028
  Population by Occupation
  0.8%1.2%
  1.7%0.5%
  2.6%6.8%
  27.6%10.0%
  0.0%2.5%
  6.3%11.0%
  8.7%4.8%
  4.6%0.8%
  2.1%1.9%
  0.2%4.7%
  0.0%1.9%
  1.5%7.6%
  0.0%0.1%
  0.2%4.2%
  17.0%9.3%
  17.2%14.0%
  0.3%2.1%
  1.7%7.0%
  2.0%4.8%
  5.4%4.7%
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