Smith County, Mississippi

Income Data

+6% vs. Mississippi average
$51,396
Median Household Income
$25,965
Per Capita Income

At a Glance

Median Household Income
$51,396
+6% vs. state avg
Per Capita Income
$25,965
-34% vs. national
Income-to-Housing Ratio
45.1%
income as % of home value
Rank in Mississippi
#27 / 82
by median household income

How Smith County Compares

Smith County$51,396
Mississippi Average$48,514
National Median$74,755

Detailed Income Statistics

$51,396
Median Household Income
$25,965
Per Capita Income
$114,000
Median Home Value
45.1%
Income-to-Housing Ratio

Data Story

About Household Income in Smith County, Mississippi

Smith County trails national income

Smith County's median household income of $51,396 falls $23,359 below the national median of $74,755, placing it in the bottom third nationally. This gap reflects broader economic challenges across rural Mississippi counties compared to wealthier metropolitan areas nationwide.

Above average for Mississippi

Smith County ranks above the Mississippi state average, with median household income exceeding the state's $48,514 by roughly $2,900. This positions Smith County in the middle tier of Mississippi's 82 counties for household earnings.

Smith holds steady among peers

Smith County's $51,396 income sits comfortably ahead of struggling Sunflower ($40,265) and Tallahatchie ($37,383) counties but trails wealthier Tate County ($63,995) to the north. Among its regional peers, Smith represents solid middle-ground earning power.

Rent remains manageable here

With a rent-to-income ratio of 15.5%, Smith County households spend less than the recommended 30% threshold on housing, indicating reasonable affordability. The median home value of $114,000 aligns well with local income levels, making homeownership accessible for many families.

Build savings with local income

Smith County residents earning above the median have room to invest in retirement accounts, education funds, and home equity. Consider consulting a financial advisor to maximize low-cost investment vehicles and take advantage of employer retirement matching where available.

Frequently Asked Questions

What is the median household income in Smith County, Mississippi?
The median household income in Smith County, Mississippi is $51,396, 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 Smith County?
The per capita income in Smith County is $25,965, 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 $51,396.
How does Smith County compare to the Mississippi average?
Smith County's median household income of $51,396 is higher than the Mississippi state average of $48,514. The per capita income is $25,965, compared to the state average of $27,136.
What is the per capita income in Smith County, Mississippi?
The per capita income in Smith County, Mississippi is $25,965, 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 Smith County income higher than the Mississippi average?
Smith County's median household income of $51,396 is higher than the Mississippi average of $48,514. This difference of $2,882 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 Smith County rank for income in Mississippi?
Smith County ranks #27 out of 82 counties in Mississippi by median household income (1 = highest). With a median household income of $51,396 and per capita income of $25,965, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Smith County

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Your income is above the Smith County median

County median: $51,396 per year

vs. County Median

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vs. State Average

+6%

vs. National Median

-31%

vs. Smith County MedianAbout equal
vs. Mississippi Average6% above
vs. National Median31% below

Income Adequacy

Monthly income covers median rent6.5x

Your monthly income ($4,283) vs. median rent ($664/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.