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 GoMDOT > Airport Parkway Project > Area Economics
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National Recognition
• March 2008 Forbes special report Best Places for Business and Careers ranked Jackson Metro Area #55 out of 200 cities
• Expansion Management magazine (2002) ranked Jackson among America’s Top 50 Hottest Cities for places to expand or relocate.
Top-Ranked Area
• Recession-Proof: A large percentage of Jackson area jobs are created by industries which are considered recession-proof:
o Government – 55,400 employees
o Health Care – 37,200 employees
o Education – 25,400 employees
(Source: Bureau of Labor Statistics)
• Madison and Rankin counties rank #1 and #2 in the state for highest family income levels
(Source: US Census Bureau)
Economic Development
• Over $3 billion in office, retail, and residential development projects under construction or planned, with a critical level of certainty, in downtown Jackson. With more than 80% of these investments coming from out-of-state investors, this area is nationally recognized as being a sound place to invest.
(Source: Downtown Jackson Partners)
• Madison County is home to the Canton Nissan plant, a 3.5 million square feet facility and a $1.4 billion capital investment. Nissan has 5,300 people working at the plant and more than 40 suppliers have located in various parts of the state.
(Source: Nissan Corporation)
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National Recognition
• In 2005, Progressive Farmer ranked Rankin County as one of the top 10 places to live in the US.
Top-Ranked County
• From 2000 to 2007, Rankin County experienced a 20% population growth
• Rankin County is the 2nd fastest growing county in the state, with 4.7 families moving into the county every day
• Rankin County has the highest education attainment level in the state
• Rankin County has the 2nd highest family income level in the state
(Source: US Census Bureau)
Economic Development
• Lakeland Drive at Old Fannin Road has seen over 1.3 million square feet of retail space, 3,000 jobs and $80 million of investment within the last 5 years, with more to come:
o Market Street is planned to open early winter 2008 and will add 500,000 square feet of retail space to the area
o The Flowood Town Center is approximately 300 acres of mixed-use “New Urbanism” development that will contain retail stores, residential communities, schools, and parks.
(Sources: Rankin First and Chamber of Flowood)
• Total Employment for Rankin County
is expected to jump from 53,000 in 2000 to 136,640 in 2030.
(Source: Mississippi Development Authority)
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