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State economy

Mississippi economy

Mississippi's unemployment rate was 3.3% in September 2026, down from 3.4% the month before and 3.7% a year earlier. That ranks 13 of 51 (1 = lowest); the national rate was 4.1%. Employers had 1.20 million jobs on their payrolls in September 2026, a gain of 6,700 (+0.6%) from a year earlier. Home prices (FHFA index) were +3.7% from a year earlier in Q2 2026. Median household income was $57,840 in 2025.

3.3%
unemployment rate
September 2026
Unemployment rate3.3%Rank 13 of 51 (1 = lowest)
10-year range2.8–15.6%Low Jan 2024 · high Apr 2020
Nonfarm jobs1.20M+0.6% in a year · rank 23
Home prices (FHFA)+3.7%1-year change · Q2 2026 · 5-yr +40%
Median household income$57,8402025 · rank 51 of 51

Mississippi: unemployment rate

Mississippi unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 3.3%; high 15.6% on Apr 1, 2020; low 2.8% on Jan 1, 2024.0%5%10%15%20%20082010201220142016201820202022202420263.3%High 15.6%

Mississippi: jobs, change from a year earlier

Mississippi nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +0.6%; high +11.3% on Apr 1, 2021; low -12.6% on Apr 1, 2020.-15%-10%-5%0%5%10%15%20052010201520202025+0.6%High +11.3%Low -12.6%

Mississippi: home prices, change from a year earlier

Mississippi FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +3.7%; high +16.2% on Apr 1, 2022; low -4.8% on Apr 1, 2010.-5%0%5%10%15%20%20052010201520202025+3.7%High +16.2%Low -4.8%

Mississippi: median household income

Mississippi median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $57,840; high $57,840 on Jul 1, 2025; low $15,430 on Jul 1, 1984.$10,000$20,000$30,000$40,000$50,000$60,0001990199520002005201020152020$57,840Low $15,430

Other states

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).