Holmes County, Mississippi Income Statistics
Holmes 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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F
Holmes County Well below averageAmong the 3 least wealthy counties in Mississippi
Source: Map AI Methodology
Income Statistics Overview
| Metric | Holmes County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $33,880 | $56,669 | $80,455 |
| Median Personal Income | $36,639 | $48,086 | $60,758 |
| Average Yearly Income Growth | 6.3% | 4.3% | 4.8% |
| Six-Figure Earners | 4.2% | 7.4% | 13.9% |
| $200k+ Households | 4.0% | 5.8% | 13.2% |
The median household income in Holmes County is about 40% lower than in Mississippi. Income has been growing faster in Holmes County (6.3%/yr) than in Mississippi (4.3%/yr).
About 4% of adults in Holmes 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 Holmes County, Mississippi grew by 54.4% from 2009 to 2024, reaching $33,880 in 2024. That's an average of about 6.3% per year.
Income Inequality and the Gender Pay Gap in Holmes County
| Metric | Holmes County | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.628 | 0.566 | 0.552 |
| Male Median Income | $43,565 | $56,525 | $69,667 |
| Female Median Income | $40,482 | $43,645 | $56,850 |
| Gender Pay Gap | 7.1% | 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 Holmes County, it is 0.628, 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 8% more than women's income in Holmes County, Mississippi. Over a 35-year career, a 8% wage gap accumulates to roughly $107,905 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Holmes County, Mississippi has narrowed from about 17% to 7% in 2024. Over that period the gap was widest at 30% in 2020, and in 2022 women out-earned men by 19%. In dollar terms, the gap has narrowed by $1,948 since 2009.
Employment
| Metric | Holmes County | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.5% | 5.7% | 5.2% |
| Working from Home | 2.7% | 5.9% | 15.0% |
| Commute time (minutes) | 32 | 21 | 22 |
Approximately 545 people are unemployed in Holmes County, Mississippi.
The average commute time in Holmes County is 32 minutes, longer than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Holmes County, Mississippi has fallen from 20.0% to 9.5% in 2024. Over that period the rate fell as low as 8.8% in 2022.
Holmes County, MS Wealth Compared With Nearby Counties
Holmes County, MS is the 4th largest of the 6 counties compared here, 16,191 residents against a local median of 24,832. Where Holmes County, MS breaks from the counties next to it is income growth, sitting 41% above the local median of 4.4%/yr at 6.3%/yr. That is the better end of the local range on this measure.
The counties themselves spread 2.5%/yr on income growth, so Holmes County, MS sits at one end of an already wide local range rather than apart from it. Holmes County, MS has the highest income growth 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. |
|---|---|---|---|---|---|
| Holmes County, MS | 16,191 | $33,880 #6/6 | 6.3%/yr #1/6 | 9.5% #3/6 | 0.628 #5/6 |
| Carroll County, MS | 9,686 | $59,329 | 5.4%/yr | 1.6% | 0.557 |
| Humphreys County, MS | 7,395 | $33,899 | 4.4%/yr | 12.5% | 0.598 |
| Yazoo County, MS | 24,832 | $39,375 | 4.8%/yr | 9.7% | 0.643 |
| Leflore County, MS | 27,141 | $35,350 | 4.3%/yr | 11.6% | 0.582 |
| Madison County, MS | 111,640 | $83,146 | 2.9%/yr | 3.7% | 0.548 |
Conclusion
Considering all these factors, Holmes County, Mississippi has an overall wealth index grade of F, making it somewhat worse than Mississippi, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Holmes County, Mississippi.
How Rich Is Holmes County, Mississippi?
Holmes County has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $33,880, about 40% lower than the Mississippi average of $56,669.
Are incomes growing in Holmes County, Mississippi?
Between 2009 and 2024, the median household income in Holmes County, Mississippi rose 54%, from $21,946 to $33,880. Over the same years, income here kept pace with Mississippi as a whole: +54% against +54%.
What was the median household income in Holmes County in 2023?
In 2023, the median household income in Holmes County, Mississippi was $29,291, up 3% from $28,377 in 2022. The Mississippi median that year was $55,083.
What was the median household income in Holmes County in 2020?
In 2020, the median household income in Holmes County, Mississippi was $24,162. By 2024 it had risen 40% to $33,880.
Is unemployment high in Holmes County, Mississippi?
Unemployment in Holmes County, Mississippi is 9.5%, well above the Mississippi rate of 5.7%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Holmes County, Mississippi?
The Gini coefficient in Holmes County is 0.628. 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 Holmes County, Mississippi?
Since 2009, the income gap between men and women in Holmes County, Mississippi has narrowed from about 17% to 7% in 2024. Over that period the gap was widest at 30% in 2020, and in 2022 women out-earned men by 19%. In dollar terms, the gap has narrowed by $1,948 since 2009.
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