Franklin County, Mississippi

Income Data

-6% vs. Mississippi average
$45,618
Median Household Income
$27,379
Per Capita Income

At a Glance

Median Household Income
$45,618
-6% vs. state avg
Per Capita Income
$27,379
-31% vs. national
Income-to-Housing Ratio
48.0%
income as % of home value
Rank in Mississippi
#49 / 82
by median household income

How Franklin County Compares

Franklin County$45,618
Mississippi Average$48,514
National Median$74,755

Detailed Income Statistics

$45,618
Median Household Income
$27,379
Per Capita Income
$95,100
Median Home Value
48.0%
Income-to-Housing Ratio

Data Story

About Household Income in Franklin County, Mississippi

Franklin faces significant income gap

Franklin County's median household income of $45,618 trails the national median of $74,755 by 39%, representing one of the widest earnings gaps in this analysis. This substantial shortfall reflects limited job diversity and economic opportunity in the county.

Below average even for Mississippi

Franklin County's $45,618 median household income falls 6% below Mississippi's statewide average of $48,514, placing it in the lower half of state counties. Per capita income of $27,379 nearly matches the state average of $27,136, suggesting concentrated income among fewer households.

Franklin struggles compared to region

Franklin County's $45,618 income ranks lowest among neighboring counties, falling behind Grenada County ($47,998) and Greene County ($55,838). The gap underscores Franklin's economic isolation and limited employment base.

Low rent burden, but limited surplus

Franklin's rent-to-income ratio of 18.6% is favorable, meaning housing consumes less than one-fifth of household income. However, median home values of $95,100 and modest household earnings leave little margin for savings or unexpected expenses.

Wealth-building starts with basics

Franklin County residents can begin wealth accumulation by controlling fixed costs and exploring income-growth opportunities through job training or entrepreneurship. Even small monthly savings—$50 to $100—compound significantly over time and create financial resilience.

Frequently Asked Questions

What is the median household income in Franklin County, Mississippi?
The median household income in Franklin County, Mississippi is $45,618, 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 Franklin County?
The per capita income in Franklin County is $27,379, 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 $45,618.
How does Franklin County compare to the Mississippi average?
Franklin County's median household income of $45,618 is lower than the Mississippi state average of $48,514. The per capita income is $27,379, compared to the state average of $27,136.
What is the per capita income in Franklin County, Mississippi?
The per capita income in Franklin County, Mississippi is $27,379, 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 Franklin County a low-income area in Mississippi?
Franklin County's median household income of $45,618 is below the Mississippi average of $48,514. The per capita income of $27,379 is also comparable to 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 Franklin County rank for income in Mississippi?
Franklin County ranks #49 out of 82 counties in Mississippi by median household income (1 = highest). With a median household income of $45,618 and per capita income of $27,379, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in Franklin County

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Your income is above the Franklin County median

County median: $45,618 per year

vs. County Median

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vs. State Average

-6%

vs. National Median

-39%

vs. Franklin County MedianAbout equal
vs. Mississippi Average6% below
vs. National Median39% below

Income Adequacy

Monthly income covers median rent5.4x

Your monthly income ($3,802) vs. median rent ($706/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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