Gulfport, MS Economy


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Gulfport, Mississippi is a great city with an excellent quality of life. Not only is the two bedroom rent much lower than the national average ($900 versus $1,430), but the grocery cost index in Gulfport is 94 as opposed to 100 in the US. The city's economy benefits from a variety of industries such as tourism, healthcare and manufacturing. The city is also home to many attractions including Jones Park, Adventure Land and Ship Island. There are also several major businesses based in Gulfport such as Gulf Coast Bank & Trust Company, PGT Industries and Morris Companies. There is something for everyone in this sunny coastal town.

Gulfport has an unemployment rate of 7.5%. The US average is 6.0%.

Gulfport has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 27.1%, which is lower than the US average of 33.5%.

Tax Rates for Gulfport
- The Sales Tax Rate for Gulfport is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Gulfport is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Gulfport
- The average income of a Gulfport resident is $20,340 a year. The US average is $28,555 a year.
- The Median household income of a Gulfport resident is $41,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGulfport, MississippiUnited States
  7.56
  -4.0%-6.2%
  27.1%33.5%
  7.0%6.2%
  5.0%4.6%
  $24,851$37,638
  $41,250$69,021
  $50,636$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  7.5%6.8%
  5.7%10.0%
  1.7%2.5%
  12.5%11.0%
  3.3%4.8%
  1.0%0.8%
  1.4%1.9%
  2.7%4.7%
  1.1%1.9%
  4.2%7.6%
  0.0%0.1%
  4.6%4.2%
  6.4%9.3%
  17.3%14.0%
  7.0%2.1%
  11.9%7.0%
  5.4%4.8%
  5.9%4.7%
Reviews for Gulfport
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I am a retiree who moved to Gulfport, MS two years ago and am truly enjoying this charming beach town. The crime rate is relatively low as is the cost of living. Yes,  More

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Over 4 years ago

Here is an updated review in 2020. The last review I’ve seen was in 2011. A lot of things have changed. Specifically speaking about Gulfport, the population has grown.  More

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Apparently this forum is a place where people who can't or won't make their lives successful and happy come to blame the place they are living, which in this case is the  More

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