Wealth Index
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Amite County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $35,249 | $55,084 | $78,145 |
| Median Personal Income | $43,035 | $48,244 | $61,726 |
| Average income growth | 3.7% | 4.5% | 5.1% |
| Six-Figure Earners | 5.9% | 6.9% | 13.2% |
The median household income in Amite County is about 36% lower than in Mississippi. Income has been growing slower in Amite County (3.7%/yr) than in Mississippi (4.5%/yr).
About 6% of adults in Amite County earn six figures ($100,000 or more) a year, lower than the Mississippi average of 7%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Amite County, Mississippi grew by 29.2% from 2009 to 2023, reaching $35,249 in 2023. That's an average of about 3.7% per year.
Economic Inequality in Amite County | Gender Pay Gap | Gini Coefficient
| Metric | Amite County | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.594 | 0.574 | 0.570 |
| Male Median Income | $57,921 | $55,143 | $67,746 |
| Female Median Income | $31,893 | $42,143 | $54,793 |
| Gender Pay Gap | 44.9% | 23.6% | 19.1% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Amite County, it is 0.594, higher than Mississippi's 0.574, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 82% more than women's income in Amite County, Mississippi. Over a 35-year career, a 82% wage gap accumulates to roughly $910,980 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Amite County, Mississippi has widened from about 27% to 45% in 2023. In dollar terms, the gap has widened by $16,583 since 2009.
Employment
| Metric | Amite County | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.6% | 5.9% | 5.2% |
| Working from Home | 6.8% | 5.3% | 13.4% |
| Commute time (minutes) | 28 | 21 | 22 |
Approximately 273 people are unemployed in Amite County, Mississippi.
The average commute time in Amite County is 28 minutes, longer than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Amite County, Mississippi has fallen from 11.2% to 6.6% in 2023.
Conclusion
Considering all these factors, Amite County, Mississippi has an overall wealth index grade of D, making it about on par with Mississippi, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Amite County, Mississippi.
How Wealthy Is Amite County, Mississippi?
Amite County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $35,249, about 36% lower than the Mississippi average of $55,084.
What is the current median household income in Amite County, Mississippi?
As of 2023, the median household income in Amite County, Mississippi is $35,249.
What was the median household income in Amite County in 2023?
In 2023, the median household income in Amite County, Mississippi was $35,249.
What was the median household income in Amite County in 2020?
In 2020, the median household income in Amite County, Mississippi was $31,097.
What is the Gini coefficient in Amite County, Mississippi?
The Gini coefficient in Amite County is 0.594. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Amite County, Mississippi?
Since 2009, the income gap between men and women in Amite County, Mississippi has widened from about 27% to 45% in 2023. In dollar terms, the gap has widened by $16,583 since 2009.