Grenada County, Mississippi Income Statistics
Grenada 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
Grenada County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Grenada County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $48,140 | $56,669 | $80,455 |
| Median Personal Income | $42,508 | $48,086 | $60,758 |
| Average Yearly Income Growth | 4.8% | 4.3% | 4.8% |
| Six-Figure Earners | 4.7% | 7.4% | 13.9% |
| $200k+ Households | 5.9% | 5.8% | 13.2% |
The median household income in Grenada County is about 15% lower than in Mississippi. Income has been growing faster in Grenada County (4.8%/yr) than in Mississippi (4.3%/yr).
About 5% of adults in Grenada County earn six figures ($100,000 or more) a year, lower than the Mississippi average of 7%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Grenada County, Mississippi grew by 48.1% from 2009 to 2024, reaching $48,140 in 2024. That's an average of about 4.8% per year.
Income Inequality and the Gender Pay Gap in Grenada County
| Metric | Grenada County | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.538 | 0.566 | 0.552 |
| Male Median Income | $46,946 | $56,525 | $69,667 |
| Female Median Income | $42,984 | $43,645 | $56,850 |
| Gender Pay Gap | 8.4% | 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 Grenada County, it is 0.538, 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 9% more than women's income in Grenada County, Mississippi. Over a 35-year career, a 9% wage gap accumulates to roughly $138,670 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Grenada County, Mississippi has narrowed from about 27% to 8% in 2024. Over that period the gap was widest at 28% in 2010, and was narrowest at 5% in 2022. In dollar terms, the gap has narrowed by $6,309 since 2009.
Employment
| Metric | Grenada County | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 5.7% | 5.2% |
| Working from Home | 3.5% | 5.9% | 15.0% |
| Commute time (minutes) | 15 | 21 | 22 |
Approximately 470 people are unemployed in Grenada County, Mississippi.
The average commute time in Grenada County is 15 minutes, shorter than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Grenada County, Mississippi has fallen from 9.4% to 4.9% in 2024. Over that period the rate peaked at 11.6% in 2013 and fell as low as 4.1% in 2022.
Grenada County, MS Wealth Compared With Nearby Counties
Grenada County, MS is the largest of the 6 counties compared here, 21,217 residents against a local median of 11,764. Grenada County, MS sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these counties turns on things this data does not capture.
The largest of those small differences is median household income, 10% above the local median at $48,140 against $43,716. Grenada County, MS has the 3rd 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. |
|---|---|---|---|---|---|
| Grenada County, MS | 21,217 | $48,140 #3/6 | 4.8%/yr #2/6 | 4.9% #4/6 | 0.538 #2/6 |
| Yalobusha County, MS | 12,419 | $49,079 | 4.5%/yr | 5.8% | 0.545 |
| Montgomery County, MS | 9,602 | $42,994 | 4.5%/yr | 4.7% | 0.567 |
| Carroll County, MS | 9,686 | $59,329 | 5.4%/yr | 1.6% | 0.557 |
| Tallahatchie County, MS | 11,764 | $38,573 | 3.3%/yr | 10.1% | 0.564 |
| Calhoun County, MS | 12,852 | $43,716 | 4.4%/yr | 4.7% | 0.510 |
Conclusion
Considering all these factors, Grenada 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 Grenada County, Mississippi.
How Rich Is Grenada County, Mississippi?
Grenada 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 $48,140, about 15% lower than the Mississippi average of $56,669.
Are incomes growing in Grenada County, Mississippi?
Between 2009 and 2024, the median household income in Grenada County, Mississippi rose 48%, from $32,511 to $48,140. Over the same years, income here lagged behind Mississippi as a whole: +48% against +54%.
What was the median household income in Grenada County in 2023?
In 2023, the median household income in Grenada County, Mississippi was $47,293, up 3% from $46,119 in 2022. The Mississippi median that year was $55,083.
What was the median household income in Grenada County in 2020?
In 2020, the median household income in Grenada County, Mississippi was $39,942. By 2024 it had risen 21% to $48,140.
What is the Gini coefficient in Grenada County, Mississippi?
The Gini coefficient in Grenada County is 0.538. 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 Grenada County, Mississippi?
Since 2009, the income gap between men and women in Grenada County, Mississippi has narrowed from about 27% to 8% in 2024. Over that period the gap was widest at 28% in 2010, and was narrowest at 5% in 2022. In dollar terms, the gap has narrowed by $6,309 since 2009.
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