Mississippi has a population of approximately 2,967,023 and experiences a population change rate of 4.30%. The population density is 63.2 / sq mi .
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Population
Household
The median household income for Mississippi is $49,111, with 1,108,670 households and an average household size of 2.6.
Home Value
The median value of a home in Mississippi is $155,300 with an appreciation rate of 15.10%. 58.00% of housing in the state is owned while 26.16% is rented.
Cost of Living
The cost of living in Mississippi is 87.8 %.
Employment
The unemployment rate in Mississippi is 2.70%, and recent job growth is at 1.22%. Future job growth is projected at 38.01%.
Taxes
The sales tax rate in Mississippi is 7.00%, while the income tax rate is 5.00% .
Education
School expenditures in Mississippi are $11,012, and the school ratio is 14.1:1.
Weather
The average high temperature in July is 91.3 degrees, with an average low temperature in January of 33 degrees. The average rainfall is approximately 57.2 inches per year, with 0.7 inches of snow per year.