Mississippi Score and Ranking
CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
WORKFORCE | 177 | 45 | 47 | D |
INFRASTRUCTURE | 140 | 48 | 46 | F |
ECONOMY | 102 | 47 | 49 | F |
LIFE, HEALTH & INCLUSION | 137 | 39 | 33 | D |
COST OF DOING BUSINESS | 203 | 9 | 17 | A |
TECHNOLOGY & INNOVATION | 82 | 46 | 48 | F |
BUSINESS FRIENDLINESS | 39 | 50 | 50 | F |
EDUCATION | 70 | 27 | 46 | B |
ACCESS TO CAPITAL | 16 | 41 | 41 | D |
COST OF LIVING | 41 | 9 | 1 | A- |
OVERALL | 1007 | 48 | 50 |
Economic Profile
Governor: Tate Reeves, Republican
Population: 2,940,057
GDP growth (Q1 2023): 1.70%
Unemployment rate (May 2023): 3.20%
Top corporate tax rate: 5.00%
Top individual income tax rate: 5.00%
Gasoline tax: 37.19 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 (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence