Biloxi, Mississippi Income Statistics
Biloxi Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Biloxi Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Biloxi | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,616 | $56,669 | $80,455 |
| Median Personal Income | $43,979 | $48,086 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.3% | 4.8% |
| Six-Figure Earners | 7.6% | 7.4% | 13.9% |
| $200k+ Households | 6.2% | 5.8% | 13.2% |
The median household income in Biloxi is about 3% higher than in Mississippi. Income has been growing faster in Biloxi (4.4%/yr) than in Mississippi (4.3%/yr).
About 8% of adults in Biloxi earn six figures ($100,000 or more) a year, about the same as the Mississippi average of 7%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Biloxi, Mississippi grew by 31.2% from 2009 to 2024, reaching $58,616 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Biloxi
| Metric | Biloxi | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.534 | 0.566 | 0.552 |
| Male Median Income | $50,143 | $56,525 | $69,667 |
| Female Median Income | $40,678 | $43,645 | $56,850 |
| Gender Pay Gap | 18.9% | 22.8% | 18.4% |
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 Biloxi, it is 0.534, lower than Mississippi's 0.566, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 23% more than women's income in Biloxi, Mississippi. Over a 35-year career, a 23% wage gap accumulates to roughly $331,275 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Biloxi, Mississippi has narrowed from about 25% to 19% in 2024. Over that period the gap was narrowest at 6% in 2013. In dollar terms, the gap has narrowed by $35 since 2009.
Employment
| Metric | Biloxi | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.5% | 5.7% | 5.2% |
| Working from Home | 6.7% | 5.9% | 15.0% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 1,620 people are unemployed in Biloxi, Mississippi.
The average commute time in Biloxi is 18 minutes, shorter than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Biloxi, Mississippi has risen from 5.4% to 6.5% in 2024. Over that period the rate peaked at 8.3% in 2016.
Biloxi, MS Wealth Compared With Nearby Cities
How Biloxi, MS compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Biloxi, MS | 47,912 | $58,616 #1/2 | 4.4%/yr #1/2 | 6.5% #1/2 | 0.534 #1/2 |
| Gulfport, MS | 70,533 | $50,345 | 3.9%/yr | 9.0% | 0.552 |
Conclusion
Considering all these factors, Biloxi, Mississippi has an overall wealth index grade of D, making it somewhat better than Mississippi, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Biloxi, Mississippi.
How Rich Is Biloxi, Mississippi?
Biloxi 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 $58,616, about 3% higher than the Mississippi average of $56,669.
How has median household income changed in Biloxi, Mississippi?
Between 2009 and 2024, the median household income in Biloxi, Mississippi rose 31%, from $44,667 to $58,616. Over the same years, income here lagged behind Mississippi as a whole: +31% against +54%.
What was the median household income in Biloxi in 2023?
In 2023, the median household income in Biloxi, Mississippi was $58,205, up 1% from $57,750 in 2022. The Mississippi median that year was $55,083.
What was the median household income in Biloxi in 2020?
In 2020, the median household income in Biloxi, Mississippi was $49,408. By 2024 it had risen 19% to $58,616.
What is the Gini coefficient in Biloxi, Mississippi?
The Gini coefficient in Biloxi is 0.534. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Biloxi, Mississippi?
Since 2009, the income gap between men and women in Biloxi, Mississippi has narrowed from about 25% to 19% in 2024. Over that period the gap was narrowest at 6% in 2013. In dollar terms, the gap has narrowed by $35 since 2009.
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