GDP
Mississippi’s economy produced roughly $158 billion in 2023, based on manufacturing, agriculture, shipbuilding and health care.
Real GDP (chained 2017 dollars)
1997–2025BEA, chained 2017 dollars (FRED MSRGSP).
| Indicator | Mississippi | U.S. |
|---|---|---|
| GDP (USD B) | 158 | 29200 |
- •Ingalls Shipbuilding in Pascagoula is the state’s largest private employer.
- •Mississippi leads the nation in farm-raised catfish production.
GDP Growth
Mississippi's real GDP grew about 1.1% in 2023, below the national pace.
Real GDP growth
1998–2025Annual % change in BEA real GDP (MSRGSP).
- •Manufacturing investment, including auto and shipbuilding plants, has been a recent growth driver in Mississippi.
Personal Income
Mississippi's per capita personal income was about $47,200 in 2023, the lowest among U.S. states.
Per capita personal income
1970–2025BEA, current dollars (FRED MSPCPI).
| Indicator | Mississippi | U.S. |
|---|---|---|
| Personal income per capita | 47200 | 65423 |
- •Mississippi has had the lowest per capita personal income of any state for most of the past 50 years.
Median Household Income
Median household income in Mississippi is about $54,203, the lowest in the nation, alongside the country’s lowest cost of living.
Median household income (CPS)
1984–2025Census CPS ASEC, current dollars (FRED MEHOINUSMSA646N).
| Indicator | Mississippi | U.S. |
|---|---|---|
| Median household income (USD) | 54203 | 78538 |
Poverty Rate
About 18.7% of Mississippians lived below the poverty line in 2023, the highest rate in the nation.
Poverty rate, all ages (SAIPE)
1989–2024Census Small Area Income and Poverty Estimates (FRED PPAAMS28000A156NCEN).
| Indicator | Mississippi | U.S. |
|---|---|---|
| Poverty rate | 18.7 | 12.5 |
- •Mississippi's Delta region has some of the highest concentrated poverty rates in the United States.
Inflation
South-region consumer prices, including Mississippi, rose about 2.8% over the year.
CPI inflation, U.S.
2007–2024BLS CPI-U U.S. city average, annual average change (CPIAUCNS).
CPI inflation, South region
2007–2025BLS CPI-U all items, South region, annual average change (CUUR0300SA0).
| Indicator | Mississippi | U.S. |
|---|---|---|
| Inflation (%) | 2.8 | 2.9 |
Economic Output
Mississippi produced about $53,900 in economic output per resident in 2023, the lowest of any state.
Nominal GDP (current dollars)
1997–2025BEA, current dollars (FRED MSNGSP).
| Indicator | Mississippi | U.S. |
|---|---|---|
| GDP per capita | 53900 | 74580 |
- •Mississippi's GDP per capita has ranked last or near-last among U.S. states for decades.
Industry Breakdown
Government services make up Mississippi's largest sector at about 18% of state GDP.
Government jobs
1990–2025BLS Current Employment Statistics, annual average (FRED MSGOVT).
Manufacturing jobs
1990–2025BLS Current Employment Statistics, annual average (FRED MSMFG).
Construction jobs
1990–2025BLS Current Employment Statistics, annual average (FRED MSCONS).
- •Shipbuilding along the Gulf Coast and automotive manufacturing near Canton are key Mississippi industries.