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Expand or Relocate to Mississippi

Mississippi Business Data

Relocate or Expand to Mississippi

MS business climate, manufacturer incentives, and advantages of local communities

Business Data for Mississippi


Total Labor Force

Unemployment Rate

# Manufacturers

Manufacturing Jobs

Right to Work

Unemp. Insurance Tax

Manufacturing stats updated on 3/6/2018. All other data updated on 11/13/2017. IndustryNet is not responsible for errors or omissions.
Corporate Income Tax
Graduated: 3% on the first $5,000 of taxable income; 4% on the next $5,000 of taxable income; 5% on taxable income in excess of $10,000.

Sales Tax
7%. Exemptions include: Sales of containers, raw materials, processing chemicals, and welding gases to manufacturers; sales by manufacturers of dry docks, offshore drilling equipment, vessels and barges; repairs of vessels and barges; machinery, tools, repair parts, fuels or supplies used in manufacturing; materials used in building construction.

Property Tax
State collects no property taxes. Properties are taxed on the city and county level based on 20% of truer market value and the average value of manufacturers' inventories based on millage rates in a given school district.

Leading Mfg. Industries
(by # of employees)
16% Transportation equipment
15% Food and kindred products
11% Industrial machinery and equipment
10% Furniture and fixtures
9% Fabricated metal products

Largest Mfg. Employers
(by # of employees)
Ingalls Shipbuilding, Inc. (Pascagoula) - 11,500
Howard Technology Solutions (Ellisville) - 4,300
Howard Industries, Inc. (Laurel) - 3,500
Nissan North America, Inc. (Canton) - 3,500
Ashley Furniture Industries, Inc. (Ecru) - 2,200
Counties with the Most Mfg. Jobs
Jackson - 16,016
Jones - 13,176
Hinds - 12,398
Lee - 11,502
Madison - 8,788

Cities with the Most Mfg. Jobs
Pascagoula - 14,373
Laurel - 7,893
Jackson - 5,940
Tupelo - 5,173
Ellisville - 4,931

Mfg. Related Business Incentives
• Industrial Property Tax Exemption Program
• Jobs Tax Credit
• Manufacturing Investment Tax Credits
• Mississippi Aerospace Initiative Incentives Program
• Mississippi Clean Energy Initiatives Program
• National or Regional Headquarters Sales Tax Credit
• Property Tax Exemptions for Industrial Revenue Bond Financing and In-State Inventory
• Research & Development Skills Tax Credit
• Rural Economic Development Program
• Sales & Use Tax Exemptions for Bond Financing and Construction/Expansion
• Skills Training Income Tax Credits
• Free Port Warehouse Property Tax Exemption
• CDBG (Community Development Block Grant ) Program for Economic Development
• Development Infrastructure Grant (DIP) Program
• Economic Development Highway (EFH) Grant Program
• Small Municipal and Limited Population Counties Grant Program
• Rural Impact Grant Fund
• Agribusiness Enterprise Loan Program
• Business Incubator Loan Program
• Capital Access Contract Loan Program
• Capital Improvements Revolving Loan Program (CAP)
• Energy Investment Loan Program
• Existing Industry Productivity Loan Program
• Research & Development Loan Program
• Port Revitalization Loan Program

Economic development agencies, chambers of commerce, and other organizations & businesses available to assist with your relocation to or from Mississippi

Topeka, KS
Striving to recruit new business & help companies expand in Kansas
Are you an economic development agency, chamber of commerce, or other organization in the business of helping companies relocate or expand? List your organization here and connect with growing businesses!
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