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Economy in Mississippi

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Economy
EconomyMississippi, MSUnited States
Unemployment Rate10.20%9.10%
Recent Job Growth1.78%-0.12%
Future Job Growth33.36%31.25%
Sales Taxes7.00%6.80%
Income Taxes5.00%6.25%
Income per Cap.$19,748$27,067
Household Income$38,496$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K20.18%12.10%
Income between 15K and 25K13.50%10.18%
Income between 25K and 35K12.42%10.56%
Income between 35K and 50K16.11%14.98%
Income between 50K and 75K17.71%19.53%
Income between 75K and 100K9.29%12.52%
Income between 100K and 150K7.29%12.14%
Income between 150K and 250K1.62%3.91%
Income between 250K and 500K1.59%3.34%
Income greater than 500K0.30%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations11.00%13.81%
Professional and Related Occupations20.75%22.68%
Service14.81%14.51%
Sales and Office24.48%25.22%
Farming, Fishing, and Forestry1.00%0.68%
Construction, Extraction, and Maintenance11.37%9.37%
Production, Transportation, and Material Moving20.81%15.86%
Median Household Income

The unemployment rate in Mississippi, MS, is 10.20%, with job growth of 1.78%. Future job growth over the next ten years is predicted to be 33.36%.

Mississippi, MS Taxes

Mississippi, MS,sales tax rate is 7.00%. Income tax is 5.00%.

Mississippi, MS Income and Salaries

The income per capita is $19,748, which includes all adults and children. The median household income is $38,496.


Mississippi Economy SperlingViews

Beautiful but Poor: MS is a gorgeous state, but where I live it's hard to make a living to support my lifestyle, which is NOT extravagant. Our utilities are high, our property taxes are... (read more)MS Climate: The climate here can get very humid at times. It makes day trips uncomfortable. If climate is a top concern for you don't move... (read more)Southern heat: I have lived in MS all my life, and the summers are almost unbearable. The humidity will truly take your breath away...even at 7am in July and... (read more)Have an opinion about Mississippi? Leave a commentTo See All SperlingViews for Mississippi Click Here