Covington County, Mississippi
Income Data
At a Glance
How Covington County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
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Your income is above the Covington County median
County median: $47,001 per year
vs. County Median
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vs. State Average
-3%
vs. National Median
-37%
Income Adequacy
Your monthly income ($3,917) vs. median rent ($639/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.