Top States for Business

50. Mississippi

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Mississippi Score and Ranking

CATEGORY  2022 SCORE  2022 RANK 2021 RANK  2022 GRADE 
WORKFORCE1694741D-
INFRASTRUCTURE1414638F
COST OF DOING BUSINESS210177B+
ECONOMY864942F
LIFE, HEALTH & INCLUSION1483337D+
TECHNOLOGY & INNOVATION684848F
BUSINESS FRIENDLINESS515043F
EDUCATION594643D-
ACCESS TO CAPITAL164132D-
COST OF LIVING5011A+
OVERALL9985045

Economic Profile

Governor: Tate Reeves, Republican

Population: 2,949,965

GDP growth (Q1 2022): -1.3%

Unemployment rate (May 2022): 4%

Top corporate tax rate: 5%

Top individual income tax rate: 5%

Gasoline tax: 18.79 cents/gallon

Bond rating (Moody's/S&P): Aa2, stable/AA, stable

Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence

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