Where are the 10 wealthiest counties in MS? Here’s an income breakdown
The median income of the wealthiest county in Mississippi is about 43% higher than the statewide mark and 0.3% higher than the national median income, according to a recent financial analysis.
Madison County — which includes Madison, Ridgeland, Canton, Gluckstadt, Flora and parts of Jackson — has the highest combined median income, investment income, median home value and wealth index in the state, making it the wealthiest county, according to the analysis by financial website SmartAsset.
The county’s median income is about 145% higher than Quitman County, the state’s poorest county, the analysis found.
Here are the 10 wealthiest counties in the Magnolia State and how they compare to the wealthiest counties in the United States.
10 wealthiest counties in Mississippi
1. Madison County
Median Income: $78,794
Investment Income: $67,598
Median Home Value: $304,948
Wealth Index: 21.39
2. DeSoto County
Median Income: $82,980
Investment Income: $26,737
Median Home Value: $284,047
Wealth Index: 20.19
3. Rankin County
Median Income: $77,454
Investment Income: $31,769
Median Home Value: $237,868
Wealth Index: 18.07
4. Lamar County
Median Income: $69,106
Investment Income: $46,453
Median Home Value: $232,213
Wealth Index: 16.31
5. Lafayette County
Median Income: $64,334
Investment Income: $56,737
Median Home Value: $281,961
Wealth Index: 16.29
6. Hancock County
Median Income: $67,728
Investment Income: $36,897
Median Home Value: $223,952
Wealth Index: 15.30
7. Tate County
Median Income: $63,995
Investment Income: $43,578
Median Home Value: $209,825
Wealth Index: 14.32
8. Lee County
Median Income: $67,144
Investment Income: $36,761
Median Home Value: $175,820
Wealth Index: 14.31
9. Jackson County
Median Income: $64,756
Investment Income: $38,689
Median Home Value: $188,026
Wealth Index: 13.93
10. Forrest County
Median Income: $52,821
Investment Income: $91,635
Median Home Value: $164,362
Wealth Index: 12.75
5 wealthiest counties in the US
1. Teton County, Wyoming
Median Income: $112,681
Investment Income: $879,309
Median Home Value: $1,977,829
Wealth Index: 100
2. Pitkin County, Colorado
Median Income: $100,318
Investment Income: $432,683
Median Home Value: $2,214,068
Wealth Index: 77.98
3. Nantucket County, Massachusetts
Median Income: $119,750
Investment Income: $115,337
Median Home Value: $2,628,556
Wealth Index: 74.61
4. San Mateo County, California
Median Income: $156,000
Investment Income: $146,004
Median Home Value: $1,543,376
Wealth Index: 68.36
5. Santa Clara County, California
Median Income: $159,674
Investment Income: $112,827
Median Home Value: $1,501,824
Wealth Index: 67.06