Wealth Index
Less wealthy than 88% 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 | Yazoo County | Mississippi Avg | US Average |
|---|---|---|---|
| Median Household Income | $41,772 | $55,084 | $78,145 |
| Median Personal Income | $41,039 | $48,244 | $61,726 |
| Average income growth | 6.2% | 4.5% | 5.1% |
| Six-Figure Earners | 3.4% | 6.9% | 13.2% |
The median household income in Yazoo County is about 24% lower than in Mississippi. Income has been growing faster in Yazoo County (6.2%/yr) than in Mississippi (4.5%/yr).
About 3% of adults in Yazoo 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 Yazoo County, Mississippi grew by 46.0% from 2009 to 2023, reaching $41,772 in 2023. That's an average of about 6.2% per year.
Economic Inequality in Yazoo County | Gender Pay Gap | Gini Coefficient
| Metric | Yazoo County | Mississippi Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.631 | 0.574 | 0.570 |
| Male Median Income | $46,119 | $55,143 | $67,746 |
| Female Median Income | $34,086 | $42,143 | $54,793 |
| Gender Pay Gap | 26.1% | 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 Yazoo County, it is 0.631, higher than Mississippi's 0.574, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 35% more than women's income in Yazoo County, Mississippi. Over a 35-year career, a 35% wage gap accumulates to roughly $421,155 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Yazoo County, Mississippi has narrowed from about 34% to 26% in 2023. In dollar terms, the gap has narrowed by $135 since 2009.
Employment
| Metric | Yazoo County | Mississippi Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 9.0% | 5.9% | 5.2% |
| Working from Home | 4.2% | 5.3% | 13.4% |
| Commute time (minutes) | 22 | 21 | 22 |
Approximately 847 people are unemployed in Yazoo County, Mississippi.
The average commute time in Yazoo County is 22 minutes, longer than the 21 minutes in Mississippi.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Yazoo County, Mississippi has fallen from 20.0% to 9.0% in 2023.
Conclusion
Considering all these factors, Yazoo 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 Yazoo County, Mississippi.
How Rich Is Yazoo County, Mississippi?
Yazoo 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 $41,772, about 24% lower than the Mississippi average of $55,084.
What is the current median household income in Yazoo County, Mississippi?
As of 2023, the median household income in Yazoo County, Mississippi is $41,772.
What was the median household income in Yazoo County in 2023?
In 2023, the median household income in Yazoo County, Mississippi was $41,772.
What was the median household income in Yazoo County in 2020?
In 2020, the median household income in Yazoo County, Mississippi was $32,940.
What is the Gini coefficient in Yazoo County, Mississippi?
The Gini coefficient in Yazoo County is 0.631. 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 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Yazoo County, Mississippi?
Since 2009, the income gap between men and women in Yazoo County, Mississippi has narrowed from about 34% to 26% in 2023. In dollar terms, the gap has narrowed by $135 since 2009.