Wealth Index
Less wealthy than 75% 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 | Noxubee County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $37,676 | $55,084 | $78,145 |
| Median Personal Income | $39,876 | $48,244 | $61,726 |
| Average income growth | 2.8% | 4.5% | 5.1% |
| Six-Figure Earners | 1.7% | 6.9% | 13.2% |
The median household income in Noxubee County is about 32% lower than in Mississippi. Income has been growing slower in Noxubee County (2.8%/yr) than in Mississippi (4.5%/yr).
About 2% of adults in Noxubee 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 Noxubee County, Mississippi grew by 59.5% from 2009 to 2023, reaching $37,676 in 2023. That's an average of about 2.8% per year.
Economic Inequality in Noxubee County | Gender Pay Gap | Gini Coefficient
| Metric | Noxubee County | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.572 | 0.574 | 0.570 |
| Male Median Income | $52,385 | $55,143 | $67,746 |
| Female Median Income | $33,392 | $42,143 | $54,793 |
| Gender Pay Gap | 36.3% | 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 Noxubee County, it is 0.572, about the same as Mississippi's 0.574, so income here is about as evenly distributed as there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 57% more than women's income in Noxubee County, Mississippi. Over a 35-year career, a 57% wage gap accumulates to roughly $664,755 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Noxubee County, Mississippi has widened from about 33% to 36% in 2023. In dollar terms, the gap has widened by $8,182 since 2009.
Employment
| Metric | Noxubee County | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.2% | 5.9% | 5.2% |
| Working from Home | 3.0% | 5.3% | 13.4% |
| Commute time (minutes) | 18 | 21 | 22 |
Approximately 289 people are unemployed in Noxubee County, Mississippi.
The average commute time in Noxubee County is 18 minutes, shorter than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Noxubee County, Mississippi has fallen from 20.0% to 7.2% in 2023.
Conclusion
Considering all these factors, Noxubee County, Mississippi has an overall wealth index grade of D, making it somewhat worse than Mississippi, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Noxubee County, Mississippi.
How Rich Is Noxubee County, Mississippi?
Noxubee 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 $37,676, about 32% lower than the Mississippi average of $55,084.
What is the current median household income in Noxubee County, Mississippi?
As of 2023, the median household income in Noxubee County, Mississippi is $37,676.
What was the median household income in Noxubee County in 2023?
In 2023, the median household income in Noxubee County, Mississippi was $37,676.
What was the median household income in Noxubee County in 2020?
In 2020, the median household income in Noxubee County, Mississippi was $36,517.
What is the Gini coefficient in Noxubee County, Mississippi?
The Gini coefficient in Noxubee County is 0.572. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Noxubee County, Mississippi?
Since 2009, the income gap between men and women in Noxubee County, Mississippi has widened from about 33% to 36% in 2023. In dollar terms, the gap has widened by $8,182 since 2009.