Wealth Index
Wealthier than 78% of counties in Mississippi
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.
Income Statistics Overview
| Metric | Jones County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $51,159 | $55,084 | $78,145 |
| Median Personal Income | $43,282 | $48,244 | $61,726 |
| Average income growth | 4.4% | 4.5% | 5.1% |
| Six-Figure Earners | 5.4% | 6.9% | 13.2% |
The median household income in Jones County is about 7% lower than in Mississippi. Income has been growing slower in Jones County (4.4%/yr) than in Mississippi (4.5%/yr).
About 5% of adults in Jones County earn six figures ($100,000 or more) a year, lower than the Mississippi average of 7%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Jones County, Mississippi grew by 49.4% from 2009 to 2023, reaching $51,159 in 2023. That's an average of about 4.4% per year.
Economic Inequality in Jones County | Gender Pay Gap | Gini Coefficient
| Metric | Jones County | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.552 | 0.574 | 0.570 |
| Male Median Income | $51,166 | $55,143 | $67,746 |
| Female Median Income | $36,635 | $42,143 | $54,793 |
| Gender Pay Gap | 28.4% | 23.6% | 19.1% |
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 Jones County, it is 0.552, lower than Mississippi's 0.574, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 40% more than women's income in Jones County, Mississippi. Over a 35-year career, a 40% wage gap accumulates to roughly $508,585 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Jones County, Mississippi has widened from about 24% to 28% in 2023. In dollar terms, the gap has widened by $6,705 since 2009.
Employment
| Metric | Jones County | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 5.9% | 5.2% |
| Working from Home | 3.2% | 5.3% | 13.4% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 1,037 people are unemployed in Jones County, Mississippi.
The average commute time in Jones County is 18 minutes, shorter than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Jones County, Mississippi has fallen from 6.2% to 3.6% in 2023.
Conclusion
Considering all these factors, Jones County, 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 Jones County, Mississippi.
How Rich Is Jones County, Mississippi?
Jones 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 $51,159, about 7% lower than the Mississippi average of $55,084.
What is the current median household income in Jones County, Mississippi?
As of 2023, the median household income in Jones County, Mississippi is $51,159.
What was the median household income in Jones County in 2023?
In 2023, the median household income in Jones County, Mississippi was $51,159.
What was the median household income in Jones County in 2020?
In 2020, the median household income in Jones County, Mississippi was $43,906.
What is the Gini coefficient in Jones County, Mississippi?
The Gini coefficient in Jones County is 0.552. 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 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Jones County, Mississippi?
Since 2009, the income gap between men and women in Jones County, Mississippi has widened from about 24% to 28% in 2023. In dollar terms, the gap has widened by $6,705 since 2009.