Market Highlights

The Golden Triangle, named after its 3 primary cities of Columbus, West Point, and Starkville, is a 5-county region with a population of 147,383 in east central Mississippi. The most recognizable demand driver is Mississippi State University in Starkville, which employs 5,900 people and has an enrollment of 22,649 students. The largest demand driver in Columbus is the Columbus Air Force Base, with 2,697 civilian & military jobs and an economic impact of roughly $315 million.

The Golden Triangle is home to a robust and growing manufacturing sector, anchored by Yokohama Tire, International Paper, Airbus Helicopters, Steel Dynamics, and the PACCAR Engine Factory. Steel Dynamics has led the way investing in the area, highlighted by a $2.5 billion investment in November of 2022. PACCAR, Huber Engineered Woods, APEX Ammunition LLC, and others have also invested heavily in the area (see Economic Development below for more details). The largest hospital in the area is Baptist Hospital – Golden Triangle, a 323-bed hospital that employs 1,100 people. OCH Regional Medical Center contributes another 96 beds and employs another 650 people. Golden Triangle Regional Airport ($272 million economic impact) and Golden Triangle Industrial Park (3,000 acres adjacent to the airport) are other major economic drivers in the region.

The Golden Triangle is home to 51 multifamily properties and 6,016 units with an average occupancy of 95.83%.

Multifamily Highlights

Major Employers

  1. Mississippi State University

    5,900 jobs / 22,649 enrollment  | Learn More
  2. Columbus Air Force Base

    2,697 jobs (civilian & military)  | Learn More
  3. Baptist Hospital - Golden Triangle

    1,200 jobs / 323 beds  | Learn More
  4. Yokohama Tire Manufacturing

    860 jobs  | Learn More
  5. OCH Regional Medical Center

    650 jobs / 96 beds  | Learn More
  6. Columbus Municipal School District

    590 jobs  | Learn More
  7. Airbus Helicopters

    300 jobs  | Learn More
  8. Weyerhaeuser Company Timberlands Office

    25 jobs  | Learn More
  9. Mississippi University for Women

    2,704 enrollment  | Learn More
  10. International Paper

    Columbus Mill  | Learn More
  11. Lowndes County School District

    8 Elementary/Middle/High Schools  | Learn More
  12. Aurora Flight Science

    A Boeing Company  | Learn More
  13. Steel Dynamics Inc

    Flat Roll Steel Group  | Learn More
  14. PACCAR

    Engine Factory  | Learn More
  15. Stark Aerospace

    Headquarters  | Learn More


Other Demand Drivers

  1. Golden Triangle Industrial Park

    3,000 acres; adjacent to GTR Airport  | Learn More
  2. Golden Triangle Regional Airport

    Delta Airlines; $272M economic impact  | Learn More
  3. Columbus Place

    Newly remodeled; Hobby Lobby; Bealls; Five Below  | Learn More
  4. East Mississippi Community College - Golden Triangle

    4,000 enrollment  | Learn More

Sources & Comments

1. This report is based on 5 Mississippi Counties (1) Clay (2) Lowndes (3) Oktibbeha (4) Webster (5) Noxubee

2. Primary Sources: (1) https://fred.stlouisfed.org/ (2) Apartments.com (3) CoStar (4) rcanalytics.com (5) www.bls.gov (6) gtrlink.org

3. Sales Comps are from 2/1/22-1/31/24

4. This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy