Mississippi
Wage: $45,180 ($21.72/hr)
Home Price: $173,657
Rent: $1,278/mo
Overview
Overview of Mississippi
Homes in Mississippi are very affordable, priced at $173,657, and a dollar goes further than in many states ($115.60 value). Property crime rates in Mississippi are high at 17.47 incidents per 1,000 people.
Curious what your salary would look like after taxes in Mississippi? Try our free tax calculators.
Compared to the national average, Mississippi the difference in median home prices is -50.07% – positive being higher than the national average, negative being lower. The difference in the value of $100 is 11.90% – positive meaning you can buy more with $100, negative meaning less.
Average rent disparity compared to the national average is -20.05% and property crime is -7.64%.
Counties
Hinds, Madison, DeSoto
Zip Codes
39217, 38637, 39532
Popular Metro Area
Jackson
Most Populated City
Jackson
Median Home Price
$173,657
Value of $100
$115.6
Average Monthly Rent
$1,278
Property Crime Per 1000
17.47
Cost of Living
Cost of Living in Mississippi
The average monthly cost of living expenses in Mississippi including: energy, internet, phone bills and miscellaneous expenses.
Total Utilities Cost Per Month
$412
Energy Bill
$135.31
Monthly Water Bill
$23
Monthly Internet
$30
Natural Gas (Utilities)
$63
Monthly Phone Bill
$114
Streaming Services
$47.00
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Crime
Crime in Mississippi
Typical crime rates in Mississippi including: Crime Rate Per 100k Residents, Violent Crime Per 100k Residents, and Non-Violent Crime Per 100k Residents.
Population
2,961,279
Crime Rate Per 100k Residents
4494.43
Violent Crime Per 100k Residents
291.16
Non-Violent Crime Per 100k Residents
4203.269
Jobs
Jobs in Mississippi
Key job metrics including: Unemployment Rate, Average Wage, and Labor Force Participation.
Job Growth Rate (%)
0.39
Unemployment Rate (%)
3.11
Job Openings Level
118,000
Annual Average Wage
$45,180
Hourly Average Wage
$21.72
Labor Force Participation (%)
53.6
Taxes
Taxes in Mississippi
Tax rates including: state, local, and combined sales tax rate.
State Sales Tax
7%
Average Local Sales Tax
0%
Combined Sales Tax Rate
7%
Our cost of living database is in beta. Found an error? Let us know →
References
We use original research, government sources, and trusted private organizations such as the U.S. Census Bureau, American Community Survey, Zillow, RentCafe, Tax Foundation, Forbes Advisor, Forbes Home, NCSL, U.S. Bureau of Labor Statistics, and the Federal Bureau of Investigation.
