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Starkville Ad Valorem Tax Collections
Starkville Sales Tax Revenue
Starkville Restaurant Tax Revenue
Starkville Hotel Tax Revenue
Starkville Building Construction Values
Starkville Residential Dwelling Units
Economic
Development
Local Economic Growth Indicators
Labor Analysis/Demographics
Property
Taxes
ECONOMIC
DEVELOPMENT
Starkville businesses
are supported by the Greater
Starkville Development Partnership, a partnership between the
Starkville Area Chamber
of Commerce, the Oktibbeha County Economic Development Authority,
and the Starkville Convention and Visitors Bureau.
LOCAL
ECONOMIC GROWTH INDICATORS
A $74
million highway improvement project is underway which includes a
12-mile U.S. Highway 82 by-pass, 8-mile relocation of MS Highway
25 and 1-mile extension of MS Highway 12.
In calendar
year 2001, 72 permits for new single-family homes were issued with
an average construction value of $104,194. From January 1997 through
December 2001, building permits were issued for 456 single-family
homes. From January 1999 through December 2001, 39 multi-family
building permits were issued for 878 apartment units.
The approximate
dollar value of all building permits issued in the City of Starkville
for the past six years is shown below.
1996: $19,562,372
1997: $22,337,600
1998: $20,897,327
1999: $36,826,260
2000: $37,323,850
2001: $30,673,023
Total
Personal Income in Oktibbeha County increased from $431.9 million
in 1990 to $620,067 million in 1997.
A voter-approved
$12.15 million school construction and renovation program to accommodate
increased student enrollment was recently completed.
Sales
tax increases have averaged 6.74% per year for the past five years.
Increased
industry-based employment from 1,800 in 1990 to over 2,900 in 1998,
while unemployment rates consistently remain lower than State and
national averages.
US News
and World Report's economic ranking of the 50 states lists Mississippi
eighth in the nation, based on economic variables including employment,
per capita income, new business incorporations, building permits,
home prices and retail sales. In individual categories, Mississippi
ranked 8th in new business growth and employment growth, 4th in
income and building permit growth, 6th in home price growth, and
41st in retail sales growth.
LABOR
ANALYSIS/DEMOGRAPHICS
Starkville and Oktibbeha County boast a labor of nearly 20,000,
80% of which have a high school diploma.
Over 23% have a bachelors, graduate
or professional degree. In addition, Starkville offers a commuting
labor force of over 78,000.
| Number
of unemployed workers |
13,000
|
| Number
of unemployed persons who are seeking work |
4200 |
| Number
of persons who are not working, but are contemplating re-entering
the workforce |
1800
|
| Total Number
of Workers Available for Employers |
19,000 |
PROPERTY
Starkville offers over 670 acres of
available property in our business parks, each of which is adjacent
to 4-lane highway access. Each park is within 15
miles of the nearest commercial airport and 25
miles of the nearest navigable waterway.
| Residential
Property |
10%
|
| Industrial
& Commercial |
|
| Real
Property |
15% |
| Personal
Property |
15% |
Mileage rates
are subject to change each year.
| 2002
mileage rates (including school tax): |
|
| City: |
83.81 |
| County: |
44.93 |
TAXES
Applicable business taxes include:
Corporate Income Tax
Corporate Franchise Tax
Sales and Use Tax
Property Tax
State Unemployment Tax
Worker's Compensation
Personal Income Tax
Economic
Development
Local Economic Growth Indicators
Labor Analysis/Demographics
Property
Taxes
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