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
67.8K
67.8 Thousand total auto jobs in Mississippi
4.30%
4.30% depend on the auto industry for jobs
$3.6B
Total Labor Income Annually
$8.18B
Total Car Sales in 2022
91.3K
Total New Cars Sold in 2022
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2021 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2022 - December 31, 2022.
Tax Revenue
$772.63M
total state tax revenue
8.26%
% of state tax revenue
$212.92M
new vehicle sales taxes
$386.05M
used vehicle sales taxes
$63.39M
sales tax on auto parts and services
$639.22M
vehicle use taxes (including gas taxes), licenses and fees
$24.44M
corporate profits tax
$65.31M
federal income taxes
Registrations
2.98M
Registered
By Body Style
- Cars 1,037,417 (34.82%)
- UVs 844,800 (28.36%)
- Pickups 868,368 (29.15%)
- Vans/Minivans 109,389 (3.67%)
By Powertrain
- ICE / Hybrid 2,975,687 (99.88%)
- Electric 2,178 (0.07%)
- Plug-In Hybrid 1,448 (0.05%)
- Fuel Cell 0 (0%)
The Mississippi average age of vehicles is 14.9 years; The national average is 12.2.
Figures compiled by Powerbase Associates with data provided by S&P Global Mobility as of December 31, 2022.
New Purchases
91.3K
Vehicles Sold
By Body Style
- Cars 20,810 (22.78%)
- UVs 44,068 (48.25%)
- Pickups 24,276 (26.58%)
- Vans/Minivans 2,186 (2.39%)
By Powertrain
- ICE / Hybrid 90,232 (98.79%)
- Electric 783 (0.86%)
- Plug-In Hybrid 325 (0.36%)
- Fuel Cell 0 (0%)
Auto-related Activity at Ports
Economic Activity From Past Decade
- 15.95M 15.95 Million Total Exports
- 325.54M 325.54 Million Total Imports
Economic Activity from 2022
- 594.2K 594.2 Thousand Total Exports
- 9.94M 9.94 Million Total Imports
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2022 - December 31, 2022.
Fueling
- Gasoline Stations 2,774
- EV Level 2 Charging Ports 158
- EV Level 2 Charging Stations 64
- EV DC Fast Charging Ports 13
- EV DC Fast Charging Stations 8
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling data as of January 1, 2023.
Consumers
$48.7K
Median Household Income
79.20%
Owner Occupied Housing
20.80%
Rental Occupied Housing
91.40%
Owner Occupied Single Family Homes
Commuting to Work
- Drive Alone to Work (83.04%)
- Carpool to Work (7.80%)
- Take Public Transportation (0.23%)
- Work From Home (6.25%)
- Other (2.67%)
Housing Type
- Single Family Home (79.30%)
- 1-Unit (2.20%)
- 2-4 Units (3.50%)
- 5-9 Units (1.50%)
- 10-19 Units (1.70%)
- 20+ Units (5.10%)
- Mobile / RV / Boat (6.70%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau's American Community Survey 2021.
Automaker’s Facilities
Autoliv | Location | Employees |
---|---|---|
Autoliv Memphis Distribution Center | Olive Branch, MS | 23 |
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 | 5000 |
Toyota | Location | Employees |
---|---|---|
TMMMS | Blue Springs, MS | 2400 |