Everything You Need to Know About the City of Tupelo Mississippi

In 2017, Tupelo, Mississippi had a population of 38.3k people with a median age of 35.5 and a median household income of $45,161 dollars. Between 2016 and 2017 the population of Tupelo, MS declined from 38,856 to 38,321, a -1.38 percent decrease, and its median household income grew from $43,153 dollars to $45,161 dollars, a 4.65 percent increase.

The population of Tupelo, MS is 57.5 percent White Alone, 37.1 percent Black or African American Alone, and 2.97 percent Hispanic or Latino. N/A% of the people in Tupelo, MS speak a non-English language, and 98.4 percent are U.S. citizens.

The median property value in Tupelo, MS is $138,100 dollars, and the homeownership rate is 58.7 percent. Most people in Tupelo, MS commute by Drove Alone, and the average commute time is 18 minutes. The average car ownership in Tupelo, MS is 2 cars per household.


Economy in Tupelo

The economy of Tupelo, MS employs 16.7k people and Tupelo has an unemployment rate of 4.0 percent. Tupelo has seen the job market increase by 0.5 percent over the last year. Future job growth over the next ten years is predicted to be 51.3 percent, which is higher than the US average of 33.5 percent. The largest industries in Tupelo, MS are Manufacturing (3,181 people), Retail Trade (2,441 people), and Health Care & Social Assistance (2,936 people), and the highest paying industries are Utilities ($48,281 dollars), Professional, Scientific, & Technical Services ($45,568 dollars), and Finance & Insurance ($43,237 dollars).

Households in Tupelo, MS have a median annual income of $45,161 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $43,153 dollars in 2016, which represents a 4.65 percent annual growth.


Tax Rates for Tupelo

– The Sales Tax Rate for Tupelo is 7.3 percent.

– The Income Tax Rate for Tupelo is 5.0 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.


Income and Salaries for Tupelo

– The average earnings of a Tupelo resident are $23,825 dollars a year.

– The Median household earnings of a Tupelo resident is $41,979 dollars a year.