Franklin County, Mississippi Income Statistics
Franklin 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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D
Franklin County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Franklin County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $53,179 | $56,669 | $80,455 |
| Median Personal Income | $48,522 | $48,086 | $60,758 |
| Average Yearly Income Growth | 3.8% | 4.3% | 4.8% |
| Six-Figure Earners | 9.7% | 7.4% | 13.9% |
| $200k+ Households | 6.4% | 5.8% | 13.2% |
The median household income in Franklin County is about 6% lower than in Mississippi. Income has been growing slower in Franklin County (3.8%/yr) than in Mississippi (4.3%/yr).
About 10% of adults in Franklin 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 Franklin County, Mississippi grew by 56.3% from 2009 to 2024, reaching $53,179 in 2024. That's an average of about 3.8% per year.
Income Inequality and the Gender Pay Gap in Franklin County
| Metric | Franklin County | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.601 | 0.566 | 0.552 |
| Male Median Income | $63,981 | $56,525 | $69,667 |
| Female Median Income | $44,240 | $43,645 | $56,850 |
| Gender Pay Gap | 30.9% | 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 Franklin County, it is 0.601, higher than Mississippi's 0.566, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 45% more than women's income in Franklin County, Mississippi. Over a 35-year career, a 45% wage gap accumulates to roughly $690,935 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Franklin County, Mississippi has widened from about 7% to 31% in 2024. Over that period the gap was widest at 40% in 2010. In dollar terms, the gap has widened by $17,450 since 2009.
Sharply against the trend: the pay gap in Franklin County widened by 24.2 points while Mississippi's narrowed by 2.5 points.
Employment
| Metric | Franklin County | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.0% | 5.7% | 5.2% |
| Working from Home | 2.8% | 5.9% | 15.0% |
| Commute time (minutes) | 26 | 21 | 22 |
Approximately 116 people are unemployed in Franklin County, Mississippi.
The average commute time in Franklin County is 26 minutes, longer than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Franklin County, Mississippi has fallen from 12.3% to 4.0% in 2024. Over that period the rate fell as low as 2.1% in 2020.
Franklin County, MS Wealth Compared With Nearby Counties
Franklin County, MS is the 5th largest of the 6 counties compared here, 7,622 residents against a local median of 12,565. Where Franklin County, MS breaks from the counties next to it is median household income, sitting 39% above the local median of $38,127 at $53,179. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 4.0% against a local median of 5.8%, 32% below it. Every measure here with a clear better direction points the same way, so Franklin County, MS is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread $21,017 on median household income, so Franklin County, MS sits at one end of an already wide local range rather than apart from it. Franklin County, MS has the highest median household income 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. |
|---|---|---|---|---|---|
| Franklin County, MS | 7,622 | $53,179 #1/6 | 3.8%/yr #5/6 | 4.0% #3/6 | 0.601 #3/6 |
| Jefferson County, MS | 7,068 | $37,487 | 6.2%/yr | 1.8% | 0.607 |
| Amite County, MS | 12,565 | $38,127 | 4.2%/yr | 5.8% | 0.576 |
| Lincoln County, MS | 34,879 | $51,934 | 4.6%/yr | 3.2% | 0.588 |
| Adams County, MS | 28,803 | $43,475 | 4.3%/yr | 6.4% | 0.607 |
| Claiborne County, MS | 8,582 | $30,916 | 2.9%/yr | 6.9% | 0.615 |
Conclusion
Considering all these factors, Franklin 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 Franklin County, Mississippi.
How Rich Is Franklin County, Mississippi?
Franklin 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 $53,179, about 6% lower than the Mississippi average of $56,669.
Are incomes growing in Franklin County, Mississippi?
Between 2009 and 2024, the median household income in Franklin County, Mississippi rose 56%, from $34,026 to $53,179. Over the same years, income here outpaced Mississippi as a whole: +56% against +54%.
What was the median household income in Franklin County in 2023?
In 2023, the median household income in Franklin County, Mississippi was $45,611, up 4% from $43,888 in 2022. The Mississippi median that year was $55,083.
What was the median household income in Franklin County in 2020?
In 2020, the median household income in Franklin County, Mississippi was $38,924. By 2024 it had risen 37% to $53,179.
Is unemployment high in Franklin County, Mississippi?
Unemployment in Franklin County, Mississippi is only 4.0%, 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 Franklin County, Mississippi?
The Gini coefficient in Franklin County is 0.601. 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 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Franklin County, Mississippi?
Since 2009, the income gap between men and women in Franklin County, Mississippi has widened from about 7% to 31% in 2024. Over that period the gap was widest at 40% in 2010. In dollar terms, the gap has widened by $17,450 since 2009.
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