38871 Thaxton, MS is a small rural community located in the southeastern United States. This area is known for its low living costs with the median 2 bedroom rent being $780, compared to the US median of $1,430. In addition, grocery costs are significantly lower than the rest of the nation at 93 on the cost index. Local companies include Thaxton Supermarket and Willow Grocery Mart while nearby schools include Mooreville Elementary School and Tupelo High School.
Thaxton (zip 38871) has an unemployment rate of 6.4%. The US average is 6.0%.
Thaxton (zip 38871) has seen the job market decrease by -4.1% 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 Thaxton (zip 38871)
- The Sales Tax Rate for Thaxton (zip 38871) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Thaxton (zip 38871) 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 Thaxton (zip 38871)
- The average income of a Thaxton (zip 38871) resident is $27,467 a year. The US average is $37,638 a year.
- The Median household income of a Thaxton (zip 38871) resident is $67,917 a year. The US average is $69,021 a year.