America's Top States For Business

36. Mississippi

Category Score 2014 Rank 2013 Rank
Cost of Doing Business3424 (Tie)3
Workforce1701718
Quality of Life1123837
Infrastructure & Transportation18031 (Tie)36
Economy22326 (Tie)47
Education364847
Technology & Innovation514744
Business Friendliness214949
Cost of Living45610
Access to Capital1031 (Tie)39
Overall11903641

Economic Profile

Governor: Phil Bryant, Republican

Population: 2,991,207

GDP growth: 1.6 percent

Unemployment rate (May 2014): 7.5 percent

Top corporate tax rate: 5 percent

Top individual income tax rate: 5 percent

Gasoline tax: 37 cents/gallon

Bond rating/outlook: Aa2/stable

Major private employer: Huntington Ingalls

Economic profile sources: Federation of Tax Administrators, American Petroleum Institute, Moody's Investor Service, Bureau of Economic Analysis, Bureau of Labor Statistics, Harrison County Development Commission

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