Zip 38672 (Southaven, MS) Economy


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38672 Southaven, MS is a city located in DeSoto County near Memphis, Tennessee. This area offers a variety of entertainment and recreation options for its residents. The average 2 bedroom rent in the 38672 Southaven, MS area is $1,600 while the US average for 2 bedroom rent is $1,430. Additionally, the grocery cost index in this area is 100 which matches the national average. Shopping in 38672 Southaven, MS is easy with a number of local companies to choose from such as Wal Mart Supercenter, Kroger Marketplace, Village Square Shopping Center and more. For entertainment options 3867 Southaven has many parks and greenways as well as some interesting attractions like Landers Center and Snowden Grove Park Amphitheater.

Southaven (zip 38672) has an unemployment rate of 4.1%. The US average is 6.0%.

Southaven (zip 38672) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 38.7%, which is higher than the US average of 33.5%.

Tax Rates for Southaven (zip 38672)
- The Sales Tax Rate for Southaven (zip 38672) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Southaven (zip 38672) 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 Southaven (zip 38672)
- The average income of a Southaven (zip 38672) resident is $30,814 a year. The US average is $28,555 a year.
- The Median household income of a Southaven (zip 38672) resident is $104,853 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouthaven, MississippiUnited States
  4.16
  -4.4%-6.2%
  38.7%33.5%
  7.0%6.2%
  5.0%4.6%
  $38,698$37,638
  $104,853$69,021
  $118,767$85,028
  Population by Occupation
  2.0%1.2%
  1.3%0.5%
  5.4%6.8%
  7.5%10.0%
  5.7%2.5%
  5.2%11.0%
  9.0%4.8%
  0.3%0.8%
  1.1%1.9%
  4.3%4.7%
  0.4%1.9%
  7.0%7.6%
  0.2%0.1%
  2.5%4.2%
  7.9%9.3%
  17.6%14.0%
  5.8%2.1%
  7.6%7.0%
  5.5%4.8%
  3.5%4.7%
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