Valley Park, MS, located in DeSoto County is a small town with a population of approximately 39177. The area boasts a low cost of living with 2 bedroom rents coming in at $830 compared to the U.S. average of $1,430. Grocery costs are also much lower here than in other parts of the country, with an index score of 100 versus the U.S. average of 100 as well. Valley Park has a number of local businesses such as Quality Foods Grocery & Deli, S&H Lawn Care LLC, and G & M Auto Repair for residents to enjoy. The low cost of living makes Valley Park an attractive option for those looking to live close to Memphis yet still enjoy rural amenities and affordability not found in more densely populated cities across the U.S., allowing people to stretch their budget further without sacrificing quality of life.
Valley Park (zip 39177) has an unemployment rate of 11.3%. The US average is 6.0%.
Valley Park (zip 39177) has seen the job market decrease by -3.8% over the last year. Future job growth over the next ten years is predicted to be 15.2%, which is lower than the US average of 33.5%.
Tax Rates for Valley Park (zip 39177)
- The Sales Tax Rate for Valley Park (zip 39177) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Valley Park (zip 39177) 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 Valley Park (zip 39177)
- The average income of a Valley Park (zip 39177) resident is $25,767 a year. The US average is $37,638 a year.
- The Median household income of a Valley Park (zip 39177) resident is $0 a year. The US average is $69,021 a year.