Tupelo, Mississippi Income Statistics
Tupelo 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.
-
C
Tupelo Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Tupelo | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,556 | $56,669 | $80,455 |
| Median Personal Income | $47,191 | $48,086 | $60,758 |
| Average Yearly Income Growth | 5.9% | 4.3% | 4.8% |
| Six-Figure Earners | 10.7% | 7.4% | 13.9% |
| $200k+ Households | 7.9% | 5.8% | 13.2% |
The median household income in Tupelo is about 19% higher than in Mississippi. Income has been growing faster in Tupelo (5.9%/yr) than in Mississippi (4.3%/yr).
About 11% of adults in Tupelo earn six figures ($100,000 or more) a year, higher than the Mississippi average of 7%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Tupelo, Mississippi grew by 82.8% from 2009 to 2024, reaching $67,556 in 2024. That's an average of about 5.9% per year.
Income Inequality and the Gender Pay Gap in Tupelo
| Metric | Tupelo | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.554 | 0.566 | 0.552 |
| Male Median Income | $62,327 | $56,525 | $69,667 |
| Female Median Income | $43,383 | $43,645 | $56,850 |
| Gender Pay Gap | 30.4% | 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 Tupelo, it is 0.554, lower than Mississippi's 0.566, so income is more evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 44% more than women's income in Tupelo, Mississippi. Over a 35-year career, a 44% wage gap accumulates to roughly $663,040 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Tupelo, Mississippi has widened from about 28% to 30% in 2024. Over that period the gap was widest at 35% in 2022, and was narrowest at 26% in 2016. In dollar terms, the gap has widened by $7,552 since 2009.
Against the trend: the pay gap in Tupelo widened by 2.5 points while Mississippi's narrowed by 2.5 points.
Employment
| Metric | Tupelo | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 5.7% | 5.2% |
| Working from Home | 6.3% | 5.9% | 15.0% |
| Commute time (minutes) | 16 | 21 | 22 |
Approximately 810 people are unemployed in Tupelo, Mississippi.
The average commute time in Tupelo is 16 minutes, shorter than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Tupelo, Mississippi has fallen from 6.9% to 4.7% in 2024. Over that period the rate peaked at 8.0% in 2013.
Conclusion
Considering all these factors, Tupelo, Mississippi has an overall wealth index grade of C, making it somewhat better than Mississippi, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Tupelo, Mississippi.
How Rich Is Tupelo, Mississippi?
Tupelo has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $67,556, about 19% higher than the Mississippi average of $56,669.
How has median household income changed in Tupelo, Mississippi?
Between 2009 and 2024, the median household income in Tupelo, Mississippi rose 83%, from $36,956 to $67,556. Over the same years, income here outpaced Mississippi as a whole: +83% against +54%.
What was the median household income in Tupelo in 2023?
In 2023, the median household income in Tupelo, Mississippi was $66,734, up 5% from $63,595 in 2022. The Mississippi median that year was $55,083.
What was the median household income in Tupelo in 2020?
In 2020, the median household income in Tupelo, Mississippi was $53,689. By 2024 it had risen 26% to $67,556.
Do many residents of Tupelo, Mississippi earn over $100,000?
Yes. 11% of adults in Tupelo, Mississippi earn $100,000 or more a year (about 1 in 9), against 7% (about 1 in 14) in Mississippi. 8% of households have a combined income of $200,000 or more, compared with 6% in Mississippi.
What is the Gini coefficient in Tupelo, Mississippi?
The Gini coefficient in Tupelo is 0.554. 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 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Tupelo, Mississippi?
Since 2009, the income gap between men and women in Tupelo, Mississippi has widened from about 28% to 30% in 2024. Over that period the gap was widest at 35% in 2022, and was narrowest at 26% in 2016. In dollar terms, the gap has widened by $7,552 since 2009.
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