America's Top States for Business 2018

49. Mississippi

A farmer directs the driver of the cotton picker during harvest on a farm near Clarksdale Mississippi.
Scott Olson | Getty Images
Category Score 2018 Rank 2017 Rank Grade
Workforce1884146C-
Infrastructure1724141 (Tie)D+
Cost of Doing Business203221B+
Economy554947F
Quality of Life1114244F
Technology & Innovation584646F
Education654346F
Business Friendliness284543F
Access to Capital194344 (Tie)F
Cost of Living5011A+
[[link#105237323#Overall]]94949[[link#104540664#48]]-

Economic Profile

Governor: Phil Bryant, Republican

Population: 2,984,100

GDP growth (Q4 2017): 2.5 percent

Unemployment rate (May 2018): 4.7 percent

Top corporate tax rate: 5 percent

Top individual income tax rate: 5 percent

Gasoline tax: 18.79 cents/gallon

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

Major private employers: Nissan North America, EastGroup Properties

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

America's Top States for Business 2018
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