Mississippi's family wealth comes from agriculture, timber, manufacturing and regional banking, with offices in Jackson, Oxford and along the Gulf Coast.
The family office landscape in Mississippi
Family offices in Mississippi are concentrated in and around:
- Jackson
- Oxford
Where family office candidates come from in Mississippi
Jackson's regional banks and CPA firms are the main local talent pool, and Ole Miss in Oxford has a well-regarded accounting school.
Across the state, accountants and auditors earn an average of $77,680, 18% below the US average of $94,750 and #49 of 51. Financial managers average $128,380, 31% below the US average of $186,910 (BLS Occupational Employment and Wage Statistics, May 2025). Family offices usually pay above these averages to win experienced people.
Family office salaries in Mississippi
| Role | Base salary in MS | Typical bonus |
|---|---|---|
| Family Office Controller | $150K–$205K | 15–25% |
| Family Office Accountant | $80K–$125K | 5–15% |
| Family Office Tax Manager | $130K–$180K | 10–20% |
| Family Office CFO | $255K–$410K | 25–50% |
| Family Office Chief of Staff | $130K–$210K | 15–30% |
| Family Office Operations Manager | $110K–$170K | 10–20% |
| Family Office Executive Assistant | $75K–$130K | 10–20% |
| Family Office Payroll Manager | $95K–$130K | 5–15% |
Our estimates for a single family office managing $250M–$1B, adjusted for Mississippi using BLS pay levels for accountants and financial managers (15% below the national midpoint). Try the salary calculator for other office sizes.
Taxes, trusts and the law in Mississippi
Mississippi has been phasing down its income tax and has no estate or inheritance tax.
How Mississippi compares with nearby states
| State | Accountant avg. (BLS) | Financial manager avg. (BLS) | Family office controller (estimate) |
|---|---|---|---|
| Mississippi | $77,680 | $128,380 | $150K–$205K |
| Alabama | $81,080 | $160,120 | $160K–$220K |
| Kentucky | $80,790 | $145,780 | $155K–$215K |
| Tennessee | $82,260 | $164,480 | $160K–$220K |
What this means for hiring in Mississippi
Accountant pay in Mississippi ranks #49 of 51, below the national average. That makes a well-paid family office role attractive locally, and candidates relocating from higher-cost states will sometimes trade a little base salary for quality of life. State taxes in Mississippi are moderate, so pay conversations usually center on base salary and bonus rather than tax. With a smaller local finance community, the strongest candidates for Mississippi often live elsewhere. Plan on a recruiter-led search, and budget for relocation on senior roles.
Family office questions for Mississippi
Where do Mississippi family offices hire accountants?
Mostly from Jackson's regional banks and CPA firms, and from the University of Mississippi's accounting program.
How much do family office jobs pay in Mississippi?
We estimate a family office controller in Mississippi earns about $150K–$205K base and an accountant about $80K–$125K. For context, accountants and auditors in Mississippi earn an average of $77,680 across all employers, 18% below the US average (BLS, May 2025).
Where are family offices in Mississippi?
Mostly around Jackson, Oxford.
Does Mississippi have a state income tax on wages?
Yes. Mississippi has been phasing down its income tax and has no estate or inheritance tax.