Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

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State Facts

Autos Drive Mississippi Forward

Industry Impact

60.6K
60.6 Thousand total auto jobs in Mississippi
3.78%
3.78% depend on the auto industry for jobs
$3B
Total Labor Income Annually
$3.6B
Total Car Sales in 2018
106.7K
Total New Cars Sold in 2018
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

$627.7M
total state tax revenue
8.00%
% of state tax revenue
$184.5M
new vehicle sales taxes
$104.6M
used vehicle sales taxes
$57.3M
sales tax on auto parts and services
$608.9M
vehicle use taxes (including gas taxes), licenses and fees
$23.6M
corporate profits tax
$42.1M
state income taxes

Registrations

2.8M
Registered

By Body Style

  • Cars 1,203,480 (42.83%)
  • CUVs 331,542 (11.8%)
  • SUVs 353,971 (12.6%)
  • Pickups 803,141 (28.58%)
  • Vans/Minivans 117,761 (4.19%)

By Powertrain

  • Gas 2,698,686 (96.04%)
  • Diesel 95,655 (3.4%)
  • Hybrid 14,702 (0.52%)
  • Electric 388 (0.01%)
  • Plug-In Hybrid 464 (0.02%)
The Mississippi average age of vehicles is 13.71 years.

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.

New Purchases

106.7K
Vehicles Sold

By Body Style

  • Cars 33,136 (31.06%)
  • CUVs 30,593 (28.68%)
  • SUVs 10,903 (10.22%)
  • Pickups 28,310 (26.54%)
  • Vans/Minivans 3,734 (3.5%)

By Powertrain

  • Gas 100,836 (94.53%)
  • Diesel 4,658 (4.37%)
  • Hybrid 951 (0.89%)
  • Electric 113 (0.11%)
  • Plug-In Hybrid 118 (0.11%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 26.7M 26.7 Million Total Imports
  • 1B 1 Billion Total Imports

Economic Activity from 2018

  • 1M 1 Million Total Imports
  • 124.7M 124.7 Million Total Imports

Compiled by the Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.

Fueling

  • Gasoline Stations 2291
  • Electric Charging Stations 56
  • Compressed Natural Gas Stations 4
  • Liquefied Natural Gas Stations 1
  • Liquefied Petroleum Gas Stations 85

Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of April 9, 2019.

Consumers
$33.5K
Average MSRP Per New Car
$43.5K
Median Household Income
$3.6K
Median Monthly Household Income
$510.05
Median Monthly New Car Payment
14.06%
Car Payment As Percent Of Monthly Income

Commuting to Work

  • Drive Alone to Work (85%)
  • Carpool to Work (9%)
  • Take Public Transportation (0%)
  • Other (5%)

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit, U.S. Census Bureau’s American Community Survey 2017 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 60-month loan based on MSRP with 20% down and an APR of 5.36%.

Automaker's Facilities

General Motors Location Employees
Customer Care & Aftersales -- Parts Distribution Center -- Jackson Brandon MS
Nissan North America Location Employees
Nissan Canton Vehicle Assembly Plant Canton MS 5250
Toyota Location Employees
TMMMS Blue Springs MS 1500