The average Mississippian is taxed at a rate of 0.52% for property, a maximum of 5.00% for income and up to 7.00% for sales. Compared to the national averages Mississippi earns a score of good 👍 for property taxes, average for income taxes and average for combined local and state sales tax. Quick links to regions of Mississippi with predicted increasing and decreasing valuations.
Review the Geographical, Political and Spiritual Attributes of Mississippi
Mississippi has approximately 2,985,415 residents. A common term for people in Mississippi is "Mississippian". Within this population there are around 37,373 births and 30,875 deaths per year. Approximately 89.2% of this population speaks English exclusively. Conversely, 0.3% of this population has no verbal English skill. On average, real estate listings in Mississippi are on the market for 77 days. The Market Health Index for Mississippi is 8.43. Madison is the wealthiest of all counties in Mississippi. The least wealthy of all counties in Mississippi is Holmes.
Daily state facts: Mississippi has the lowest rate of homelessness where fewer than 60 out of 100,000 people are without a home.
According to the Bureau of Labor Statistics, Mississippi employment in August 2023 was 1,240,167, unemployment was 39,167 or 3.2% of total jobs.