Carroll County, Mississippi
Income Data
At a Glance
How Carroll County Compares
Detailed Income Statistics
Data Story
About Household Income in Carroll County, Mississippi
Carroll County leads regional income growth
Carroll County's median household income of $55,275 exceeds most Mississippi counties, though it still trails the U.S. median of $74,755 by $19,480, or 26%. The county ranks among Mississippi's strongest performers and demonstrates higher earning potential than peers.
Above Mississippi state average
Carroll County's median household income of $55,275 surpasses Mississippi's state average of $48,514 by $6,761, or 14%. The per capita income of $32,822 also exceeds state average by $5,686, indicating stronger wealth distribution and economic opportunity.
Strongest earner in this cohort
Carroll County residents earn substantially more than all peers, including Alcorn County ($49,404), Attala County ($48,098), and Calhoun County ($43,942). This income leadership reflects diversified employment, education access, and economic stability.
Housing costs are very manageable
Carroll County's rent-to-income ratio of 13.5% is the lowest in this group and below the ideal 15% threshold, meaning households spend roughly $496 monthly on rent from median income. The median home value of $105,500 is highly accessible for working families.
Maximize wealth-building opportunities
Carroll County residents should aim to save 15–20% of household income for retirement and investments, taking advantage of their income advantage. Pursue tax-advantaged accounts, real estate investment, and educational advancement to compound long-term wealth.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Carroll County median
County median: $55,275 per year
vs. County Median
+0%
vs. State Average
+14%
vs. National Median
-26%
Income Adequacy
Your monthly income ($4,606) vs. median rent ($621/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.