Small Town1,960 people

Raymond, MS

Discover how far your salary goes in Raymond. Compare taxes, rent, and living costs.

Cost Index
72
💚 Very Affordable
Population

1,960

State Tax

5.0%

1BR Rent

$774

/month

vs National

-45%

below avg

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Rent Prices in Raymond

🏠

Studio

$619

/month

$7,428/year

Most Common
🛏️

1 Bedroom

$774

/month

$9,288/year

🏡

2 Bedroom

$1,045

/month

$12,540/year

🏘️

3 Bedroom

$1,354

/month

$16,248/year

Taxes in Mississippi

State Income Tax

Mississippi

5.0%

For a $100k salary, that's ~$5,000/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Raymond, MS?

Raymond has a cost of living index of 72, which is 28% below the national average. A 1-bedroom apartment costs around $774/month.

What is the state income tax in Mississippi?

Mississippi has a state income tax rate of approximately 5.0%. This is in addition to federal income tax.

How much is rent in Raymond?

The median rent for a 1-bedroom apartment in Raymond is $774/month. For a 2-bedroom, expect to pay around $1,045/month. This is 45% below the national average.

Is Raymond a good place to live?

Raymond is a small town with a population of 1,960. The cost of living is very affordable, making it more affordable than average for the US.

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