Tallahatchie County, Mississippi Income Statistics

Tallahatchie 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.

  • F
    Tallahatchie County Well below average
    Less wealthy than 88% of counties in Mississippi

Source: Map AI Methodology

Tallahatchie County
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Wealth grade

Income Statistics Overview

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Metric Tallahatchie County Mississippi Avg US Average
Median Household Income $38,573 $56,669 $80,455
Median Personal Income $37,952 $48,086 $60,758
Average Yearly Income Growth 3.3% 4.3% 4.8%
Six-Figure Earners 3.4% 7.4% 13.9%
$200k+ Households 3.5% 5.8% 13.2%

The median household income in Tallahatchie County is about 32% lower than in Mississippi. Income has been growing slower in Tallahatchie County (3.3%/yr) than in Mississippi (4.3%/yr).

About 3% of adults in Tallahatchie 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

Tallahatchie County
United States

Median household income in Tallahatchie County, Mississippi grew by 64.9% from 2009 to 2024, reaching $38,573 in 2024. That's an average of about 3.3% per year.

Year Tallahatchie County United States

Income Inequality and the Gender Pay Gap in Tallahatchie County

Metric Tallahatchie County Mississippi Avg US Average
Gini Coefficient 0.564 0.566 0.552
Male Median Income $47,594 $56,525 $69,667
Female Median Income $32,247 $43,645 $56,850
Gender Pay Gap 32.2% 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 Tallahatchie County, it is 0.564, about the same as Mississippi's 0.566, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.

Men's income is about 48% more than women's income in Tallahatchie County, Mississippi. Over a 35-year career, a 48% wage gap accumulates to roughly $537,145 in unearned income for female workers in the area.

Income by Sex Over Time

Male
Female

Since 2009, the income gap between men and women in Tallahatchie County, Mississippi has widened from about -2% to 32% in 2024. Over that period the gap was widest at 40% in 2017, and in 2012 women out-earned men by 5%. In dollar terms, the gap has widened by $15,862 since 2009.

Sharply against the trend: the pay gap in Tallahatchie County widened by 34.3 points while Mississippi's narrowed by 2.5 points.

Year Male Income Female Income Gap %

Employment

Metric Tallahatchie County Mississippi Avg US Average
Unemployment Rate 10.1% 5.7% 5.2%
Working from Home 6.4% 5.9% 15.0%
Commute time (minutes) 23 21 22

Approximately 491 people are unemployed in Tallahatchie County, Mississippi.

The average commute time in Tallahatchie County is 23 minutes, longer than the 21 minutes in Mississippi.

Unemployment Rate Over Time

Tallahatchie County
United States

Since 2011, the unemployment rate in Tallahatchie County, Mississippi has fallen from 16.8% to 10.1% in 2024. Over that period the rate peaked at 19.5% in 2012 and fell as low as 10.1% in 2023.

Year Tallahatchie County United States

Tallahatchie County, MS Wealth Compared With Nearby Counties

Tallahatchie County, MS is the 5th largest of the 6 counties compared here, 11,764 residents against a local median of 21,217. Tallahatchie County, MS's unemployment, at 10.1%, runs 54% above the 6.6% typical of the counties around it. That is the weaker end of the local range on this measure.

Income growth tells the same story from another angle: 3.3%/yr against a local median of 4.3%/yr, 22% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Tallahatchie County, MS reads weaker than its neighbours on all of them. The counties themselves spread 7.3% on unemployment, so Tallahatchie County, MS sits at one end of an already wide local range rather than apart from it. Tallahatchie County, MS has the 4th lowest unemployment 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.
Tallahatchie County, MS 11,764 $38,573 #4/6 3.3%/yr #5/6 10.1% #4/6 0.564 #3/6
Quitman County, MS 5,774 $33,392 4.0%/yr 12.2% 0.567
Grenada County, MS 21,217 $48,140 4.8%/yr 4.9% 0.538
Leflore County, MS 27,141 $35,350 4.3%/yr 11.6% 0.582
Panola County, MS 32,808 $46,208 2.9%/yr 6.6% 0.578
Yalobusha County, MS 12,419 $49,079 4.5%/yr 5.8% 0.545

Conclusion

Considering all these factors, Tallahatchie 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 Tallahatchie County, Mississippi.

How Rich Is Tallahatchie County, Mississippi?

Tallahatchie 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 $38,573, about 32% lower than the Mississippi average of $56,669.

How fast is household income rising in Tallahatchie County, Mississippi?

Between 2009 and 2024, the median household income in Tallahatchie County, Mississippi rose 65%, from $23,388 to $38,573. Over the same years, income here outpaced Mississippi as a whole: +65% against +54%.

What was the median household income in Tallahatchie County in 2023?

In 2023, the median household income in Tallahatchie County, Mississippi was $38,274, up 8% from $35,424 in 2022. The Mississippi median that year was $55,083.

What was the median household income in Tallahatchie County in 2020?

In 2020, the median household income in Tallahatchie County, Mississippi was $30,648. By 2024 it had risen 26% to $38,573.

How strong is the job market in Tallahatchie County, Mississippi?

Unemployment in Tallahatchie County, Mississippi is 10.1%, well above the Mississippi rate of 5.7%, so job seekers may face more competition than elsewhere.

What is the Gini coefficient in Tallahatchie County, Mississippi?

The Gini coefficient in Tallahatchie County is 0.564. 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 Tallahatchie County, Mississippi?

Since 2009, the income gap between men and women in Tallahatchie County, Mississippi has widened from about -2% to 32% in 2024. Over that period the gap was widest at 40% in 2017, and in 2012 women out-earned men by 5%. In dollar terms, the gap has widened by $15,862 since 2009.

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