Jeremy Woodhouse | Digitalvision | Getty Images
Mississippi Score and Ranking
| CATEGORY | 2024 SCORE | 2024 RANK | 2023 RANK | 2024 GRADE |
|---|---|---|---|---|
| INFRASTRUCTURE | 154 | 46 | 48 | D- |
| WORKFORCE | 150 | 49 | 45 | F |
| ECONOMY | 90 | 50 | 47 | F |
| QUALITY OF LIFE | 136 | 36 | 39 | D |
| COST OF DOING BUSINESS | 190 | 10 | 9 | A- |
| TECHNOLOGY & INNOVATION | 58 | 49 | 46 | F |
| BUSINESS FRIENDLINESS | 122 | 28 | 50 | C |
| EDUCATION | 64 | 22 | 27 | B |
| ACCESS TO CAPITAL | 21 | 43 | 41 | F |
| COST OF LIVING | 31 | 14 | 9 | B |
| OVERALL | 1016 | 49 | 48 |
Economic Profile
Governor: Tate Reeves, Republican
Population: 2,939,690
GDP growth (Q1 2024): 1%
Unemployment rate (May 2024): 2.8%
Top corporate tax rate: 5%
Top individual income tax rate: 4.7%
Gasoline tax: 37.19 cents/gallon
Bond rating (Moody's/S&P): Aa2, Stable/AA, Negative
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
