Madison County, Mississippi

Income Data

+62% vs. Mississippi average
$78,794
Median Household Income
$47,771
Per Capita Income

At a Glance

Median Household Income
$78,794
+62% vs. state avg
Per Capita Income
$47,771
+21% vs. national
Income-to-Housing Ratio
27.5%
income as % of home value
Rank in Mississippi
#2 / 82
by median household income

How Madison County Compares

Madison County$78,794
Mississippi Average$48,514
National Median$74,755

Detailed Income Statistics

$78,794
Median Household Income
$47,771
Per Capita Income
$286,300
Median Home Value
27.5%
Income-to-Housing Ratio

Data Story

About Household Income in Madison County, Mississippi

Madison County exceeds national income average

Madison County's median household income of $78,794 surpasses the national median of $74,755 by $4,039, placing it above the typical American household. The county significantly outpaces Mississippi's statewide average of $48,514, making it an economic outlier within the state.

Madison County ranks first in Mississippi

Madison County's median household income of $78,794 ranks among the highest in Mississippi, far exceeding the state average of $48,514. Per capita income of $47,771 also dramatically surpasses the state average of $27,136, reflecting concentrated wealth and strong earning capacity.

Madison County leads the entire region

Madison County's median household income of $78,794 substantially outpaces all neighboring counties, including Lee County ($67,144) by $11,650 and Lowndes County ($54,460) by $24,334. The county's per capita income of $47,771 is also the highest in its region by a significant margin.

Housing costs easily manageable

Madison County's rent-to-income ratio of 16.7% sits well below national affordability thresholds, with housing expenses consuming a small fraction of household earnings. The median home value of $286,300 reflects a prosperous housing market where high-income households can comfortably afford ownership.

Madison County: prime wealth-building opportunity

Madison County's above-national income and favorable housing-cost ratios create exceptional capacity for long-term wealth building through retirement accounts, investment portfolios, and real estate equity. High-earning households should maximize tax-advantaged savings strategies and diversified investments to compound advantages over time.

Frequently Asked Questions

What is the median household income in Madison County, Mississippi?
The median household income in Madison County, Mississippi is $78,794, 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 Madison County?
The per capita income in Madison County is $47,771, 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 $78,794.
How does Madison County compare to the Mississippi average?
Madison County's median household income of $78,794 is higher than the Mississippi state average of $48,514. The per capita income is $47,771, compared to the state average of $27,136.
What is the per capita income in Madison County, Mississippi?
The per capita income in Madison County, Mississippi is $47,771, 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.
Why is Madison County income higher than the Mississippi average?
Madison County's median household income of $78,794 is higher than the Mississippi average of $48,514. This difference of $30,280 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Madison County rank for income in Mississippi?
Madison County ranks #2 out of 82 counties in Mississippi by median household income (1 = highest). With a median household income of $78,794 and per capita income of $47,771, it falls in the top third of counties statewide.

Income Comparison Calculator

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County median: $78,794 per year

vs. County Median

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vs. State Average

+62%

vs. National Median

+5%

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vs. Mississippi Average62% above
vs. National Median5% above

Income Adequacy

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Your monthly income ($6,566) vs. median rent ($1,097/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.