Top States for Business

48. Mississippi

Jackson, Mississippi
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Mississippi Score and Ranking

CATEGORY2023 SCORE2023 RANK2022 RANK2023 GRADE
WORKFORCE1774547D
INFRASTRUCTURE1404846F
ECONOMY1024749F
LIFE, HEALTH & INCLUSION1373933D
COST OF DOING BUSINESS203917A
TECHNOLOGY & INNOVATION824648F
BUSINESS FRIENDLINESS395050F
EDUCATION702746B
ACCESS TO CAPITAL164141D
COST OF LIVING4191A-
OVERALL10074850

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