Is Forest, Mississippi a Good Place To Live? - Living In Forest, MS

Is Forest, Mississippi a good place to live?
Forest is a city in Mississippi state in USA with a population of 5569 residents.. The poverty rate of Forest is 28.5%, which is 104% higher than national average. The typical household in Forest earns $43382 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 62.1% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Forest, only 75% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Forest remained 8.8%, which is 87% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Forest, only 12% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Forest is 77, which is 23% lower than national average. Median home value in Forest is $98500 , which is 57% lower than national average. While median income in Forest remained $43382, which is 36% lower than national average.
Population
5569
Unemployment
8.8%
87% NAT AVG.
Poverty
28.5%
104% NAT AVG.
Overall Score
5
Median Home Cost
$98500
57% NAT AVG.
Median Income
$43382
36% NAT AVG.
Median Rent
$604
48% NAT AVG.
Cost Of Living
77
23% NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 11
People Earning < $10,000
1 in 6
People Earning < $50,000
62.1%
People with <= High School
1 in 1.6
People With Any Degree
1 in 5.6
Pros & Cons Overview

Jobs40%

Housing40%

Affordability85%

Safety50%

Amenities60%

Diversity100%

Education40%

Commute80%