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Zip 38652 (New Albany, MS) Economy


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New Albany, MS with zip code 38652 is a wonderful city located in Union county. It's a diverse community that offers great amenities and attractions for its citizens. The average two bedroom rental cost in New Albany is $750, which is much lower than the national average of $1,430. Plus, the Grocery Cost Index here is 97 versus the US's 100.
New Albany has many local companies that provide jobs and support to the local economy. Major employers include Trace-Moore Ford Lincoln Mercury, Bank of New Albany, MSU-Union County Extension Office, Yow Electric Company, Inc., and Union County Medical Center. There are also many other small businesses like restaurants, retail stores, beauty salons and more throughout New Albany's downtown area that helps contribute to the city's growth and prosperity.

New Albany (zip 38652) has an unemployment rate of 5.5%. The US average is 6.0%.

New Albany (zip 38652) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 43.5%, which is higher than the US average of 33.5%.

Tax Rates for New Albany (zip 38652)
- The Sales Tax Rate for New Albany (zip 38652) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Albany (zip 38652) is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for New Albany (zip 38652)
- The average income of a New Albany (zip 38652) resident is $26,072 a year. The US average is $37,638 a year.
- The Median household income of a New Albany (zip 38652) resident is $47,295 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Albany, MississippiUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
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