Sharkey County, Mississippi
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Sharkey County Compares
Detailed Income Statistics
Income Advisory: Sharkey County
Income Verdict
Sharkey County has a median household income of $35,741 and per capita income of $23,081 — a gap of $12,660, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $622/month and a median household income of $35,741, rent consumes approximately 20.9% of monthly income — well within affordable thresholds.
Economic Context
A median household income of $35,741 indicates below-average earnings, which may limit discretionary spending and make households sensitive to cost-of-living increases. Per capita income of $23,081 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Sharkey County earns approximately 26.3% below the Mississippi state median household income of $48,514.
Data Story
About Household Income in Sharkey County, Mississippi
Sharkey County significantly trails national income
Sharkey County's median household income of $35,741 represents just 48% of the U.S. median of $74,755—a gap of $39,014 per household. This severe shortfall reflects Sharkey County's status as one of Mississippi's economically distressed rural communities.
Below-average earner within Mississippi
Sharkey County ranks well below Mississippi's median household income of $48,514, earning $12,773 less per household annually. Its per-capita income of $23,081 also falls below the state average of $27,136, indicating concentrated economic challenges.
Low earner among peer delta counties
Sharkey County's $35,741 income exceeds only Quitman County ($32,131) among surrounding counties, placing it near the bottom of the regional income hierarchy. This position reflects agriculture-dependent employment vulnerable to commodity price fluctuations.
Housing affordability offsets income constraints
Sharkey County's rent-to-income ratio of 20.9% remains reasonable, with housing consuming a manageable share of modest household earnings. A median home value of $108,000 stays within reach, though limited income constrains savings and investment capacity.
Prioritize financial foundation before investing
Sharkey County households earning $35,741 should first establish a basic emergency fund and explore income-boosting opportunities like skills training or side income. Once housing is stable, even small regular savings contributions can build gradually toward retirement security and asset accumulation.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Sharkey County
Your income is above the Sharkey County median
County median: $35,741 per year
vs. County Median
+0%
vs. State Average
-26%
vs. National Median
-52%
Income Adequacy
Your monthly income ($2,978) vs. median rent ($622/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.