Covington County, Mississippi

Income Data

-3% vs. Mississippi average
$47,001
Median Household Income
$26,323
Per Capita Income

At a Glance

Median Household Income
$47,001
-3% vs. state avg
Per Capita Income
$26,323
-33% vs. national
Income-to-Housing Ratio
47.7%
income as % of home value
Rank in Mississippi
#46 / 82
by median household income

How Covington County Compares

Covington County$47,001
Mississippi Average$48,514
National Median$74,755

Detailed Income Statistics

$47,001
Median Household Income
$26,323
Per Capita Income
$98,500
Median Home Value
47.7%
Income-to-Housing Ratio

Data Story

About Household Income in Covington County, Mississippi

Covington earns below U.S. average

Covington County's median household income of $47,001 is 37% below the national median of $74,755, reflecting Mississippi's broader rural income challenges. Despite this gap, Covington performs better than many comparable rural counties nationwide.

Slightly below state average income

Covington's $47,001 median household income trails Mississippi's state average of $48,514 by $1,513, placing it just below the statewide midpoint. The county ranks in the lower-middle tier of Mississippi's 82 counties.

Competitive among nearby counties

Covington ($47,001) holds steady relative to peers, matching Copiah ($47,994) and Clarke ($46,054), while exceeding Chickasaw ($43,041), Coahoma ($36,259), and Claiborne ($34,371). Covington ranks near the region's economic middle.

Best housing affordability ratio

Covington's rent-to-income ratio of 16.3% ranks among the region's lowest, keeping housing affordable and freeing income for other priorities. At $47,001 median household income, residents enjoy relatively good financial breathing room.

Build on economic foundation

Covington residents earning $47,001 should take advantage of affordable housing to establish robust savings and retirement contributions. Financial stability here provides a solid platform for wealth accumulation and long-term planning.

Frequently Asked Questions

What is the median household income in Covington County, Mississippi?
The median household income in Covington County, Mississippi is $47,001, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Covington County?
The per capita income in Covington County is $26,323, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $47,001.
How does Covington County compare to the Mississippi average?
Covington County's median household income of $47,001 is lower than the Mississippi state average of $48,514. The per capita income is $26,323, compared to the state average of $27,136.
What is the per capita income in Covington County, Mississippi?
The per capita income in Covington County, Mississippi is $26,323, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Covington County a low-income area in Mississippi?
Covington County's median household income of $47,001 is below the Mississippi average of $48,514. The per capita income of $26,323 is also lower than the state average of $27,136. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Covington County rank for income in Mississippi?
Covington County ranks #46 out of 82 counties in Mississippi by median household income (1 = highest). With a median household income of $47,001 and per capita income of $26,323, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Covington County

$
1.00x

Your income is above the Covington County median

County median: $47,001 per year

vs. County Median

+0%

vs. State Average

-3%

vs. National Median

-37%

vs. Covington County MedianAbout equal
vs. Mississippi Average3% below
vs. National Median37% below

Income Adequacy

Monthly income covers median rent6.1x

Your monthly income ($3,917) vs. median rent ($639/mo). A ratio of 3.3x or higher means rent is under 30% of income.

Sponsored

Grow Your Wealth

See how your income stacks up in Covington County, Mississippi? Start investing smarter with a robo-advisor that builds a diversified portfolio for you.

Start Investing

Counties with Similar Income Levels

Sponsored

Compare Financial Products in Mississippi

Compare savings accounts, CDs, and money market rates from top banks to make the most of your earnings.

Compare Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.