Economy, jobs and prices in Mississippi, United States: official figures
The economy of Mississippi (gross domestic product) was worth $162.8 billion in 2025 at current prices, 0.5% of the US total of $30.86 trillion; 15th smallest of 51. In current dollars it was up 4.1% on 2024.
How fast is the economy of Mississippi growing?
After adjusting for inflation, real GDP in Mississippi grew 1.3% in 2025, against 2.3% for the United States; 12th slowest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the GDP per capita of Mississippi?
Dividing 2025 GDP by the Census Bureau's population estimate gives $55,117 of output per resident, against $90,294 for the US economy divided by the population of the 50 states and DC; the lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs the economy of Mississippi growing or shrinking?
In the second quarter of 2026, real GDP in Mississippi grew at an annual rate of 2.1% (United States: 2.2%); tied for 20th fastest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat are the main industries in Mississippi?
In 2025 the largest private industry in Mississippi's economy was manufacturing (14.9% of GDP), followed by real estate, rental and leasing (12.3%) and retail trade (8.2%). Government accounted for 16.0%; the manufacturing share was 8th highest of 51 (United States: 9.5%).
Source: U.S. Bureau of Economic Analysis · saved copyHow much do people in Mississippi spend?
Consumer spending (personal consumption expenditures) in Mississippi came to $45,855 per person in 2025 (United States: $61,062); the lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs Mississippi expensive to live in?
Prices in Mississippi were 13.0% below the national average in 2024, by BEA's regional price parity of 87.0 (US = 100), which covers goods, services and housing; 2nd least expensive of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the inflation rate in Mississippi?
Prices in Mississippi rose 2.8% in 2024, measured by BEA's implicit regional price deflator, against 2.6% nationally (PCE price index).
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the per capita income in Mississippi?
Personal income per person in Mississippi was $54,433 in 2025, against $77,028 for the United States; the lowest of 51. It was up 5.5% on 2024 and up 28.1% on 2020, before inflation.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the disposable income per person in Mississippi?
After taxes, disposable personal income per person was $49,790 in 2025 (United States: $67,251); the lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyHow far does income go in Mississippi?
Adjusted for local price levels, real personal income per person in Mississippi was $48,465 in 2024 in 2017 dollars (United States: $59,195); the lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the median household income in Mississippi?
Median household income in Mississippi was $59,127 in 2024 (margin of error ±$1,560), against $81,604 for the United States; the lowest of 51 by the point estimate. It was up 6.0% on 2023 after adjusting for inflation (American Community Survey).
Source: U.S. Census Bureau · saved copyHow unequal are incomes in Mississippi?
The Gini index of household income inequality in Mississippi was 0.477 in 2024 (0 means equal incomes, 1 means one household has everything; United States: 0.481); 11th most unequal of 51.
Source: U.S. Census Bureau · saved copyWhat is the unemployment rate in Mississippi?
The unemployment rate in Mississippi was 3.3% in September 2026 (seasonally adjusted, preliminary), down from 3.7% a year earlier; tied for 11th lowest of 51. The rate for the 50 states and DC combined was 4.2%.
Source: U.S. Bureau of Labor Statistics · saved copyHow many people are unemployed in Mississippi?
In September 2026, 42,472 people in Mississippi were unemployed and 1,228,066 employed, out of a labor force of 1,270,538.
Source: U.S. Bureau of Labor Statistics · saved copyWhat was the unemployment rate in Mississippi in 2025?
Over 2025 the unemployment rate in Mississippi averaged 3.8% (an 11-month average: October 2025 was not collected during the federal shutdown), against 3.2% in 2024; tied for 20th lowest of 51. The lowest annual rate since 1976 was 3.1% in 2023.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the average salary in Mississippi?
Workers covered by unemployment insurance in Mississippi were paid $53,223 on average in 2025 ($1,024 a week), up 4.4% on 2024; the US average was $78,720. That is the lowest of 51.
Source: U.S. Bureau of Labor Statistics · saved copyHow many jobs are there in Mississippi?
Employers in Mississippi had an average of 1,173,251 jobs on their payrolls in 2025 across 90,845 establishments, up 0.5% on 2024 (United States: up 0.5%).
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median wage in Mississippi?
The median annual wage across all occupations in Mississippi was $40,120 in May 2025 (mean $50,810); the lowest of 51. One in ten workers earned less than $22,970 and one in ten more than $84,500.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the most common job in Mississippi?
The most common occupation in Mississippi in May 2025 was retail salespersons, with 38,400 workers and a median annual wage of $28,640.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median household income in Mississippi?
Median household income in Mississippi was $59,301 in 2024, the lowest among the 50 states and DC (U.S.: $81,604). In 2019 it was $45,928, so it has risen 29.1% before allowing for inflation.
Source: U.S. Census Bureau · saved copyWhat is the average rent in Mississippi?
The median gross rent in Mississippi, including utilities, was $990 a month in 2024, up 10.2% on 2023 ($898); 5th lowest among the 50 states and DC (U.S.: $1,487).
Source: U.S. Census Bureau · saved copyWhat is the median home value in Mississippi?
Homeowners in Mississippi valued their homes at a median of $186,500 in 2024, up 9.8% on 2023 ($169,800); 2nd lowest among the 50 states and DC (U.S.: $360,600).
Source: U.S. Census Bureau · saved copyHow affordable are homes in Mississippi?
The median home value in Mississippi was 3.1 times the median household income in 2024 ($186,500 against $59,301); 3rd lowest ratio among the 50 states and DC (U.S.: 4.4).
Source: U.S. Census Bureau · saved copyIs rent affordable in Mississippi?
A household on the median income in Mississippi would spend 20.0% of its income on the median rent of $990 a month in 2024 (U.S.: 21.9%).
Source: U.S. Census Bureau · saved copyHow Mississippi compares with other states
Gross domestic product, 2025 (current dollars) (2025)
Mississippi ranks 37 of 51, highest first.
| Rank | Region | Gross domestic product, 2025 (current dollars) |
|---|---|---|
| 34 | Nebraska | $206.6 billion |
| 35 | Arkansas | $196.0 billion |
| 36 | District of Columbia | $193.0 billion |
| 37 | Mississippi | $162.8 billion |
| 38 | New Mexico | $152.1 billion |
| 39 | Idaho | $137.4 billion |
| 40 | New Hampshire | $128.3 billion |
GDP per resident, 2025 (BEA GDP / Census population) (2025)
Mississippi ranks 51 of 51, highest first.
| Rank | Region | GDP per resident, 2025 (BEA GDP / Census population) |
|---|---|---|
| 45 | South Carolina | $67,929 |
| 46 | Idaho | $67,695 |
| 47 | Oklahoma | $66,523 |
| 48 | Alabama | $65,286 |
| 49 | West Virginia | $63,020 |
| 50 | Arkansas | $62,922 |
| 51 | Mississippi | $55,117 |
Real GDP growth, 2025 (2025)
Mississippi ranks 40 of 51, highest first.
| Rank | Region | Real GDP growth, 2025 |
|---|---|---|
| 37 | Maine | 1.4% |
| 38 | Oregon | 1.4% |
| 39 | Massachusetts | 1.3% |
| 40 | Mississippi | 1.3% |
| 41 | Nebraska | 1.3% |
| 42 | Missouri | 1.2% |
| 43 | Kansas | 1.0% |
Real GDP growth, 2026:Q2 (annual rate) (2026:Q2)
Mississippi ranks 21 of 51, highest first.
| Rank | Region | Real GDP growth, 2026:Q2 (annual rate) |
|---|---|---|
| 18 | Wisconsin | 2.4% |
| 19 | Texas | 2.2% |
| 20 | Illinois | 2.1% |
| 21 | Mississippi | 2.1% |
| 22 | Ohio | 2.0% |
| 23 | New Hampshire | 2.0% |
| 24 | Missouri | 1.9% |
Personal income per person, 2025 (2025)
Mississippi ranks 51 of 51, highest first.
| Rank | Region | Personal income per person, 2025 |
|---|---|---|
| 45 | South Carolina | $63,435 |
| 46 | New Mexico | $62,089 |
| 47 | Arkansas | $61,697 |
| 48 | Kentucky | $60,835 |
| 49 | Alabama | $59,754 |
| 50 | West Virginia | $58,217 |
| 51 | Mississippi | $54,433 |
Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) (2024)
Mississippi ranks 51 of 51, highest first.
| Rank | Region | Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) |
|---|---|---|
| 45 | South Carolina | $52,463 |
| 46 | Kentucky | $52,290 |
| 47 | Hawaii | $52,272 |
| 48 | Alabama | $52,216 |
| 49 | New Mexico | $51,121 |
| 50 | West Virginia | $50,051 |
| 51 | Mississippi | $48,465 |
Median household income, 2024 (ACS) (2024)
Mississippi ranks 51 of 51, highest first.
| Rank | Region | Median household income, 2024 (ACS) |
|---|---|---|
| 45 | Alabama | $66,659 |
| 46 | Oklahoma | $66,148 |
| 47 | Kentucky | $64,526 |
| 48 | Arkansas | $62,106 |
| 49 | Louisiana | $60,986 |
| 50 | West Virginia | $60,798 |
| 51 | Mississippi | $59,127 |
Regional price parity, 2024 (US = 100) (2024)
Mississippi ranks 50 of 51, highest first.
| Rank | Region | Regional price parity, 2024 (US = 100) |
|---|---|---|
| 45 | Alabama | 88.8 |
| 46 | South Dakota | 88.6 |
| 47 | Louisiana | 88.2 |
| 48 | Oklahoma | 87.8 |
| 49 | Iowa | 87.8 |
| 50 | Mississippi | 87.0 |
| 51 | Arkansas | 86.9 |
Unemployment rate, September 2026 (seasonally adjusted) (September 2026)
Mississippi ranks 40 of 51, highest first.
| Rank | Region | Unemployment rate, September 2026 (seasonally adjusted) |
|---|---|---|
| 37 | Tennessee | 3.4% |
| 38 | Indiana | 3.4% |
| 39 | Georgia | 3.3% |
| 40 | Mississippi | 3.3% |
| 41 | Maine | 3.3% |
| 42 | Wisconsin | 3.2% |
| 43 | Iowa | 3.2% |
Unemployment rate, 2025 annual average (2025)
Mississippi ranks 32 of 51, highest first.
| Rank | Region | Unemployment rate, 2025 annual average |
|---|---|---|
| 29 | Minnesota | 3.9% |
| 30 | North Carolina | 3.8% |
| 31 | Kansas | 3.8% |
| 32 | Mississippi | 3.8% |
| 33 | Indiana | 3.7% |
| 34 | Idaho | 3.7% |
| 35 | Utah | 3.6% |
Labor force participation rate, September 2026 (September 2026)
Mississippi ranks 50 of 51, highest first.
| Rank | Region | Labor force participation rate, September 2026 |
|---|---|---|
| 45 | North Carolina | 57.8% |
| 46 | Delaware | 57.8% |
| 47 | Florida | 57.3% |
| 48 | Alabama | 56.8% |
| 49 | New Mexico | 56.6% |
| 50 | Mississippi | 54.5% |
| 51 | West Virginia | 53.8% |
Average annual pay, 2025 (QCEW) (2025)
Mississippi ranks 51 of 51, highest first.
| Rank | Region | Average annual pay, 2025 (QCEW) |
|---|---|---|
| 45 | Kentucky | $62,521 |
| 46 | Idaho | $62,392 |
| 47 | Arkansas | $61,152 |
| 48 | Oklahoma | $60,996 |
| 49 | South Dakota | $60,575 |
| 50 | West Virginia | $60,359 |
| 51 | Mississippi | $53,223 |
Median annual wage, all occupations, May 2025 (OEWS) (May 2025)
Mississippi ranks 51 of 51, highest first.
| Rank | Region | Median annual wage, all occupations, May 2025 (OEWS) |
|---|---|---|
| 45 | South Carolina | $46,490 |
| 46 | Alabama | $45,670 |
| 47 | Oklahoma | $45,600 |
| 48 | Louisiana | $45,520 |
| 49 | West Virginia | $45,300 |
| 50 | Arkansas | $43,630 |
| 51 | Mississippi | $40,120 |
Median household income (2024)
Mississippi ranks 51 of 51, highest first. Census Bureau SAIPE model estimates
| Rank | Region | Median household income |
|---|---|---|
| 45 | Alabama | $66,704 |
| 46 | Oklahoma | $66,124 |
| 47 | Kentucky | $64,481 |
| 48 | Arkansas | $62,146 |
| 49 | Louisiana | $61,038 |
| 50 | West Virginia | $60,662 |
| 51 | Mississippi | $59,301 |
Median gross rent (monthly) (2024)
Mississippi ranks 47 of 51, highest first. Renter-occupied units paying cash rent
| Rank | Region | Median gross rent (monthly) |
|---|---|---|
| 44 | South Dakota | $999 |
| 45 | Kentucky | $998 |
| 46 | Wyoming | $998 |
| 47 | Mississippi | $990 |
| 48 | Arkansas | $982 |
| 49 | Iowa | $981 |
| 50 | North Dakota | $980 |
Median value of owner-occupied homes (2024)
Mississippi ranks 50 of 51, highest first. Owner-reported value
| Rank | Region | Median value of owner-occupied homes |
|---|---|---|
| 45 | Iowa | $227,300 |
| 46 | Kentucky | $226,000 |
| 47 | Louisiana | $223,200 |
| 48 | Oklahoma | $222,100 |
| 49 | Arkansas | $215,600 |
| 50 | Mississippi | $186,500 |
| 51 | West Virginia | $170,800 |
More on Mississippi: overview · health · education and schools · poverty and living standards · government budget · the United States
Sources
- U.S. Census Bureau: Household Income in States and Metropolitan Areas: 2024 (ACSBR-025), Appendix Table 1: median household income and Gini index by state, 2023 and 2024 American Community Survey, read 23 October 2026 · saved copy (SHA-256 5de1b0d5ec46…)
- U.S. Bureau of Economic Analysis: SASUMMARY: State annual summary statistics: personal income, GDP, consumer spending, price indexes, and employment (updated 30 September 2026), read 23 October 2026 · saved copy (SHA-256 a3757d207c05…)
- U.S. Bureau of Economic Analysis: SAGDP: Annual GDP by state, 1997-2025 (table SAGDP2, GDP in current dollars by industry), read 23 October 2026 · saved copy (SHA-256 3d3c5bc7bd24…)
- U.S. Bureau of Economic Analysis: SQGDP: Quarterly GDP by state, 2005-2026 Q2 (table SQGDP11, percent change in real GDP at annual rate), read 23 October 2026 · saved copy (SHA-256 1649260cdceb…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, monthly, seasonally adjusted, read 23 October 2026 · saved copy (SHA-256 7bb6f18d4145…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, annual averages 1976-2025, read 23 October 2026 · saved copy (SHA-256 262aba7d00df…)
- U.S. Bureau of Labor Statistics: Occupational Employment and Wage Statistics, May 2025 state estimates (state_M2025_dl.xlsx), read 23 October 2026 · saved copy (SHA-256 74d5be0e1df8…)
- U.S. Bureau of Labor Statistics: Quarterly Census of Employment and Wages, 2025 annual averages, all industries (open data CSV slice), read 23 October 2026 · saved copy (SHA-256 5a5f89142aae…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median gross rent (B25064), read 23 October 2026 · saved copy (SHA-256 8624f9775add…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median value of owner-occupied homes (B25077), read 23 October 2026 · saved copy (SHA-256 27120d5d8a5f…)
- U.S. Census Bureau: Small Area Income and Poverty Estimates (SAIPE): 2024 poverty and median household income, states and counties, read 23 October 2026 · saved copy (SHA-256 cb52c47d75c1…)
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