GDP / Output
+3.5% YoY
63
$6.5B
Output changed +3.5% in 2024.
Vintage date unknown
State growth4.4%
U.S. growth5.3%
Jobs
Unemployment rate
100
0.8%
Unemployment is 0.8% for Latest available.
Vintage date unknown
State avg5.8%
U.S. avg5.2%
Population
+17.7% 5-year
100
929
Population moved +17.7% over the latest ACS window.
Vintage date unknown
State population2,946,779
U.S. population334,922,499
Housing
Rent share of income
46
38.9%
Median rent consumes 38.9% of median household income: Strained.
Vintage date unknown
State rent$954
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.6K per resident
88
$550.8M
$550.8M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$38.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$550.8M
$6.6K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$463.0M
2. Department of Veterans Affairs$52.7M
3. Department of Transportation$12.3M
Top recipients
Dollars1. TUPELO AIRPORT AUTHORITY$7.6M
2. REDACTED DUE TO PII$4.2M
3. RITE-KEM, INC.$4.2M
Strained
Housing Affordability
38.9%
of median income
1BR estimate$682
2BR estimate$899
Median income$25,662
Median home value$125,000
ACS context
Quick Facts
Population
929
Median age
28.0
Bachelor's degree+
15.1%
Poverty rate
44.5%
Labor force participation
53.2%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+3.3%
GDP CAGR
+5.4%
Federal flow
5 years
Population (5 years)
2020789
2021857
2022910
2023953
2024929
GDP (5 years)
2020$5.0B
2021$5.6B
2022$5.9B
2023$6.3B
2024$6.5B
2-year linear forecast
Predictive Outlook
Population forecast
2024929
20251,000 *
20261,038 *
R² = 82.4% · * projected
GDP forecast
2024$6.5B
2025$6.9B *
2026$7.3B *
R² = 96.6% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$25,662/yr
Median rent$832/mo
Rent share of income38.9%
Est. mortgage (30yr, 6.5%)$7,585/yr
Mortgage share of income29.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate0.8%
State avg5.8%
U.S. avg5.2%
Labor force participation53.2%
Poverty rate44.5%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$125,000
Median monthly rent$832
Price-to-rent ratio12.5x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score83/100
Economic growth63/100
Labor market100/100
Population momentum100/100
Overall stability78/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.