Question 1

How much does workers' comp cost for Carpentry - Detached One/Two Family in Mississippi?

Accepted Answer

The current rate for Carpentry - Detached One/Two Family (Class Code 5432) in Mississippi is $8.97 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $4485 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Mississippi?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Mississippi for employers with 5 or more employees.

Question 3

How does Mississippi's rate compare to other states?

Accepted Answer

Mississippi's rate for Carpentry - Detached One/Two Family is $8.97, which is $0.91 below the national average of $9.88 (-9%).

Question 4

What does class code 5432 cover?

Accepted Answer

Covers carpenters working on detached one and two family dwellings including framing, trim, and general carpentry.

State	Rate per $100	Difference
Mississippi (current)	$8.97	—
Indiana	$7.22	-1.75
Texas	$7.59	-1.38
Virginia	$7.68	-1.29
Utah	$7.86	-1.11
Arkansas	$8.14	-0.83

Workers' Comp Rate for Carpentry - Detached One/Two Family in Mississippi (Class Code 5432)

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