Coldwater, Mississippi is a small rural town located in Marshall County. It has a population of just under 700 people and is known for its friendly community atmosphere and strong sense of pride in its local heritage. The small size of the town allows residents to enjoy a slower pace of life compared to bigger cities and towns. In terms of cost of living, Coldwater is surprisingly affordable with 2 bedroom rentals costing only $840 per month on average, much lower than the US average rent rate for similar sized dwellings at $1,430. Grocery costs are also significantly lower, with the grocery cost index in Coldwater at 95 versus the US average 100.
Residents of Coldwater have access to many different amenities and attractions including the Marshall Country Arts Council, which holds classes, workshops and other events throughout the year; local businesses like Hailey鈥檚 Hardware & Furniture Store; and nature activities like hiking in nearby Tishomingo State Park. With all that it has to offer, people looking for an affordable place to live with plenty to do should consider Coldwater as an option.
Coldwater (zip 38618) has an unemployment rate of 6.0%. The US average is 6.0%.
Coldwater (zip 38618) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 32.8%, which is lower than the US average of 33.5%.
Tax Rates for Coldwater (zip 38618)
- The Sales Tax Rate for Coldwater (zip 38618) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Coldwater (zip 38618) 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 Coldwater (zip 38618)
- The average income of a Coldwater (zip 38618) resident is $25,690 a year. The US average is $37,638 a year.
- The Median household income of a Coldwater (zip 38618) resident is $47,042 a year. The US average is $69,021 a year.