Desoto County · Mississippi · South · 18k residents
Hernando, MS: economy, jobs & business costs
The site-selection read on Hernando: labor costs, talent, corporate tax, energy, and business activity, with the Mississippi median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $923/wk. Mississippi's corporate income tax rate is 5%. Commercial electricity averages 12.3¢/kWh.
Compare Hernando side by side
Avg. weekly wage
$923/wk
Corporate income tax
5%
Bachelor's degree or higher
34.5%
Commercial electricity
12.3¢/kWh
Economic momentum
How fast Hernando's economy is moving, ranked against the US cities we track.
49/100
Steady
Ranks Hernando's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $315,900 |
| Price per sq. ft. | $120 |
| Property tax rate | 0.75% |
| 1-bedroom rent | $1,302/mo |
| 2-bedroom rent | $786/mo |
| State & local income tax | 3.89% |
| Sales tax | 7.07% |
| Corporate income tax | 5% |
| Avg. weekly wage | $923/wk |
| Bachelor's degree or higher | 34.5% |
| Commercial electricity | 12.3¢/kWh |
| Businesses per 1k residents | 19.9/1k |
| Wage: Software developer | $125,580 |
| Wage: Registered nurse | $81,500 |
| Wage: General manager | $102,510 |
| Wage: Customer service | $44,090 |
| Wage: Warehouse worker | $37,280 |
| Wage: Heavy truck driver | $63,070 |
| Wage: Electrician | $60,890 |
| Wage: Retail salesperson | $32,580 |
| Cost of living index | 81 |
| Groceries index | 95 |
| Utilities | $175/mo |
| Transit pass | $40/mo |
| Gas price | $2.85/gal |
| Healthcare index | 90 |
| Childcare (per child) | $700/mo |
| Median household income | $76,950 |
| Unemployment rate | 3.5% |
| Population | 18k |
| Crime index | 55/100 |
| School rating | 4.5/10 |
| Walkability | 30/100 |
| Disaster risk | 89/100 |
| Avg. commute | 25 min |
| Sunny days / year | 215 days |
| July high | 90°F |
| January low | 30°F |
| Annual snowfall | 2 in |
| Home price YoY | +2.1% |
| Home price MoM | +0.1% |
| Rent YoY | +4.4% |
| Rent MoM | +0.7% |
| Employment (jobs) YoY | +0.7% |
| Building permits YoY | -23.2% |
| Ocean coast | 312 mi |
| Big lake | 169 mi |
| Mountains | 195 mi |
| Major airport | 16 mi |
| Ski resort | 260 mi |
Popular comparisons
Nearby
- Horn Lake, MS · 27k
- Southaven, MS · 56k
- Olive Branch, MS · 47k
- Oxford, MS · 26k
- Tupelo, MS · 38k
Similar size
- Laurel, MS · 18k
- Ocean Springs, MS · 19k
- Long Beach, MS · 17k
- Gautier, MS · 19k
- Vicksburg, MS · 21k
Real listings in Hernando
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Hernando a good place to run a business?
- Mississippi's corporate income tax rate is 5%; average weekly wages in the surrounding labor market run $923/wk; commercial electricity averages 12.3¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Hernando, MS?
- Hernando indexes at 81 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $786/mo and a acs median home value of $315,900.
- How much does a house cost in Hernando?
- The acs median home value in Hernando is $315,900 (Census ACS estimate; individual listings vary).
- How much is rent in Hernando?
- A two-bedroom in Hernando rents for about $786/mo.