Pascagoula, Mississippi Income Statistics
Pascagoula Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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D
Pascagoula Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Pascagoula | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $49,914 | $56,669 | $80,455 |
| Median Personal Income | $46,702 | $48,086 | $60,758 |
| Average Yearly Income Growth | 4.3% | 4.3% | 4.8% |
| Six-Figure Earners | 6.6% | 7.4% | 13.9% |
| $200k+ Households | 4.5% | 5.8% | 13.2% |
The median household income in Pascagoula is about 12% lower than in Mississippi. Income has been growing faster in Pascagoula (4.3%/yr) than in Mississippi (4.3%/yr).
About 7% of adults in Pascagoula 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 Pascagoula, Mississippi grew by 30.0% from 2009 to 2024, reaching $49,914 in 2024. That's an average of about 4.3% per year.
Income Inequality and the Gender Pay Gap in Pascagoula
| Metric | Pascagoula | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.579 | 0.566 | 0.552 |
| Male Median Income | $52,835 | $56,525 | $69,667 |
| Female Median Income | $37,457 | $43,645 | $56,850 |
| Gender Pay Gap | 29.1% | 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 Pascagoula, it is 0.579, 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 41% more than women's income in Pascagoula, Mississippi. Over a 35-year career, a 41% wage gap accumulates to roughly $538,230 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Pascagoula, Mississippi has narrowed from about 33% to 29% in 2024. Over that period the gap was widest at 41% in 2013, and was narrowest at 27% in 2023. In dollar terms, the gap has widened by $1,279 since 2009.
Employment
| Metric | Pascagoula | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.2% | 5.7% | 5.2% |
| Working from Home | 2.6% | 5.9% | 15.0% |
| Commute time (minutes) | 13 | 21 | 22 |
Approximately 746 people are unemployed in Pascagoula, Mississippi.
The average commute time in Pascagoula is 13 minutes, shorter than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Pascagoula, Mississippi has fallen from 8.9% to 8.2% in 2024. Over that period the rate peaked at 14.1% in 2021.
Conclusion
Considering all these factors, Pascagoula, 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 Pascagoula, Mississippi.
How Rich Is Pascagoula, Mississippi?
Pascagoula 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 $49,914, about 12% lower than the Mississippi average of $56,669.
How fast is household income rising in Pascagoula, Mississippi?
Between 2009 and 2024, the median household income in Pascagoula, Mississippi rose 30%, from $38,394 to $49,914. Over the same years, income here lagged behind Mississippi as a whole: +30% against +54%.
What was the median household income in Pascagoula in 2023?
In 2023, the median household income in Pascagoula, Mississippi was $42,914, up 4% from $41,120 in 2022. The Mississippi median that year was $55,083.
What was the median household income in Pascagoula in 2020?
In 2020, the median household income in Pascagoula, Mississippi was $40,538. By 2024 it had risen 23% to $49,914.
Is unemployment high in Pascagoula, Mississippi?
Unemployment in Pascagoula, Mississippi is 8.2%, well above the Mississippi rate of 5.7%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Pascagoula, Mississippi?
The Gini coefficient in Pascagoula is 0.579. 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 Pascagoula, Mississippi?
Since 2009, the income gap between men and women in Pascagoula, Mississippi has narrowed from about 33% to 29% in 2024. Over that period the gap was widest at 41% in 2013, and was narrowest at 27% in 2023. In dollar terms, the gap has widened by $1,279 since 2009.
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