#42 Mississippi


#33 in Taxation and Regulation

#48 in Workforce Quality

#50 in Living Environment

Right to Work?

Regional Profile – Southeast

STATE
OVERALL REGIONAL RANK
TAXATION & REGULATION REGIONAL RANK
WORKFORCE QUALITY REGIONAL RANK
LIVING ENVIRONMENT REGIONAL RANK
Alabama
7
6
7
8
Florida
1
2
6
5
Georgia
5
4
2
3
Kentucky
8
7
8
7
Louisiana
10
9
9
9
Mississippi
11
10
10
11
North Carolina
2
5
3
1
South Carolina
4
3
5
2
Tennessee
3
1
1
4
Virginia
6
8
4
6
West Virginia
9
11
11
10

Key Industries

Advanced manufacturing, Aerospace, Agribusiness, Automotive, Energy, Film, Healthcare, Shipbuilding, Tourism

Key Companies

BancorpSouth

Cal-Maine Foods

Hancock Holding Co.

Sanderson Farms

Trustmark

Venture Technologies

Advantages

German auto maker Grammer is locating it’s U.S. headquarters in Ole Miss, bringing with it 650 jobs.

In this year’s survey, Mississippi-based CEOs tended to rank their states as more friendly than did CEOs overall.

Challenges

CEOs and business leaders, including those of IBM, PwC, Microsoft and Starwood, are speaking out against Mississippi’s new religious freedom law, which has the strongest anti-gay language seen yet.

Casino gambling was down 5% in March 2016.

More than 3,000 bridges in Mississippi are in disrepair and can’t handle the load they need to carry today

Key Contacts

Development Authority

Glenn L. McCullough, Jr., Executive Director
601-359-3449
501 North West Street
Jackson, MS 39201

gmccullough@mississippi.org
https://www.mississippi.org/

CEO Comments

“Indiana, Virginia and Mississippi have consistently ranked in the top 3 in offering not just competitive incentives for business, but also packages that improve the skill sets to hire a qualified, work-ready workforce.”

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No 38: Mississippi

No. 28

Mississippi

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
Taxation and Regulations
  • State Corporate Income Tax Rate: 5%
  • Highest Personal Income Tax Rate: 5%
Workforce Quality
  • % with High School diploma or more: 79.9
  • % with Bachelor’s degree or more: 19.4
  • % with Advanced degree or more: 6.8
  • Patents per 100K: 4.91
  • % of Employed Represented by Unions: 5.6
Quality of Life
  • Hopsitals per 10K: 0.315
  • Elementary/Secondary Schools per 1000 people: 0.36
  • Violent Crimes per 100K: 294.41
Key Companies
  • Sanderson Farms
  • Cal-Maine Foods
  • BancorpSouth
  • Trustmark
Other Highlights
  • Mississippi fell to #38 from #35 in 2010 — the state took #30 in 2009;
  • Mississippi ranks 39th in state debt per capita with $2107

Sources:
TaxFoundation.org
Statemaster.com
Bureau of Labor Statistics
U.S. Census Bureau
U.S. Patent and Trademark Office
The National Center for Public Policy and Higher Education