DeSoto County, Mississippi Income Statistics
DeSoto County Wealth Score
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.
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B
DeSoto County Around averageAmong the top 3 wealthiest counties in Mississippi
Source: Map AI Methodology
Income Statistics Overview
| Metric | DeSoto County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $85,458 | $56,669 | $80,455 |
| Median Personal Income | $54,340 | $48,086 | $60,758 |
| Average Yearly Income Growth | 4.5% | 4.3% | 4.8% |
| Six-Figure Earners | 11.2% | 7.4% | 13.9% |
| $200k+ Households | 9.4% | 5.8% | 13.2% |
The median household income in DeSoto County is about 51% higher than in Mississippi. Income has been growing faster in DeSoto County (4.5%/yr) than in Mississippi (4.3%/yr).
About 11% of adults in DeSoto County earn six figures ($100,000 or more) a year, higher than the Mississippi average of 7%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in DeSoto County, Mississippi grew by 46.9% from 2009 to 2024, reaching $85,458 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in DeSoto County
| Metric | DeSoto County | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.533 | 0.566 | 0.552 |
| Male Median Income | $65,051 | $56,525 | $69,667 |
| Female Median Income | $52,312 | $43,645 | $56,850 |
| Gender Pay Gap | 19.6% | 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 DeSoto County, it is 0.533, 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 24% more than women's income in DeSoto County, Mississippi. Over a 35-year career, a 24% wage gap accumulates to roughly $445,865 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in DeSoto County, Mississippi has narrowed from about 26% to 20% in 2024. Over that period the gap was narrowest at 19% in 2019. In dollar terms, the gap has widened by $322 since 2009.
Employment
| Metric | DeSoto County | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.2% | 5.7% | 5.2% |
| Working from Home | 8.2% | 5.9% | 15.0% |
| Commute time (minutes) | 25 | 21 | 22 |
Approximately 3,228 people are unemployed in DeSoto County, Mississippi.
The average commute time in DeSoto County is 25 minutes, longer than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in DeSoto County, Mississippi has fallen from 7.5% to 3.2% in 2024. Over that period the rate peaked at 8.5% in 2013.
DeSoto County, MS Wealth Compared With Nearby Counties
DeSoto County, MS is the 2nd largest of the 6 counties compared here, 191,302 residents against a local median of 33,979. DeSoto County, MS's unemployment, at 3.2%, runs 55% below the 7.2% typical of the counties around it. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $85,458 against a local median of $56,430, 51% above it. Every measure here with a clear better direction points the same way, so DeSoto County, MS is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 8.9% on unemployment, so DeSoto County, MS sits at one end of an already wide local range rather than apart from it. DeSoto County, MS has the lowest unemployment of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| DeSoto County, MS | 191,302 | $85,458 #1/6 | 4.5%/yr #3/6 | 3.2% #1/6 | 0.533 #1/6 |
| Tate County, MS | 28,321 | $68,865 | 5.8%/yr | 4.7% | 0.551 |
| Shelby County, TN | 918,438 | $64,222 | 4.0%/yr | 7.2% | 0.558 |
| Tunica County, MS | 9,475 | $39,239 | 2.6%/yr | 13.3% | 0.579 |
| Crittenden County, AR | 47,563 | $56,430 | 4.6%/yr | 10.1% | 0.543 |
| Marshall County, MS | 33,979 | $53,460 | 3.6%/yr | 4.4% | 0.569 |
Conclusion
Considering all these factors, DeSoto County, Mississippi has an overall wealth index grade of B, making it notably better than Mississippi, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in DeSoto County, Mississippi.
How Rich Is DeSoto County, Mississippi?
DeSoto County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $85,458, about 51% higher than the Mississippi average of $56,669.
Are incomes growing in DeSoto County, Mississippi?
Between 2009 and 2024, the median household income in DeSoto County, Mississippi rose 47%, from $58,175 to $85,458. Over the same years, income here lagged behind Mississippi as a whole: +47% against +54%.
What was the median household income in DeSoto County in 2023?
In 2023, the median household income in DeSoto County, Mississippi was $83,150, up 5% from $79,537 in 2022. The Mississippi median that year was $55,083.
What was the median household income in DeSoto County in 2020?
In 2020, the median household income in DeSoto County, Mississippi was $69,892. By 2024 it had risen 22% to $85,458.
Is DeSoto County, Mississippi a high-income area?
Yes. 11% of adults in DeSoto County, Mississippi earn $100,000 or more a year (about 1 in 9), against 7% (about 1 in 14) in Mississippi. 9% of households have a combined income of $200,000 or more, compared with 6% in Mississippi.
Is it hard to find a job in DeSoto County, Mississippi?
Unemployment in DeSoto County, Mississippi is only 3.2%, well below the Mississippi rate of 5.7%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in DeSoto County, Mississippi?
The Gini coefficient in DeSoto County is 0.533. 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 DeSoto County, Mississippi?
Since 2009, the income gap between men and women in DeSoto County, Mississippi has narrowed from about 26% to 20% in 2024. Over that period the gap was narrowest at 19% in 2019. In dollar terms, the gap has widened by $322 since 2009.
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