Graph and download economic data for Per Capita Personal Income in Mississippi (MSPCPI) from 1929 to 2024 about MS, personal income, per capita, personal, income, and USA.

In 2022, the per capita personal income in Mississippi was 46,370 U.S. dollars. Per capita personal income is calculated as the personal income of the residents of a given area divided by the resident population of the area.

Graph and download economic data for Real Per Capita Personal Income in Mississippi (MSOI96) from Q1 2010 to Q1 2025 about MS, personal income, per capita, personal, income, real, and USA.

Real Per Capita Personal Income for Mississippi was 47239.00000 Chn. 2009 $ in January of 2023, according to the United States Federal Reserve. Historically, Real Per Capita Personal Income for Mississippi reached a record high of 49979.00000 in January of 2021 and a record low of 39144.00000 in January of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Per Capita Personal Income for Mississippi - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Per Capita Personal Income in Mississippi (MSOPCI) from Q1 2010 to Q1 2025 about MS, personal income, per capita, personal, income, and USA.

Since 1990, the annual per capita disposable personal income has more than tripled in Mississippi. In 2023, the annual per capita disposable personal income was 45,805 U.S. dollars. This is compared to 12,163 U.S. dollars in 1990.

Graph and download economic data for Real Per Capita Personal Income for Mississippi (MSRPIPC) from 2008 to 2023 about MS, personal income, per capita, personal, income, real, and USA.

In 2023, the per capita real gross domestic product of Mississippi was 39,103 chained 2017 U.S. dollars, a slight increase from the previous year. Since 2000, the per capita real GDP of Alabama was the highest in 2023

Per Capita Personal Income in Mississippi was 52757.00000 $ in October of 2024, according to the United States Federal Reserve. Historically, Per Capita Personal Income in Mississippi reached a record high of 52757.00000 in October of 2024 and a record low of 664.00000 in July of 1949. Trading Economics provides the current actual value, an historical data chart and related indicators for Per Capita Personal Income in Mississippi - last updated from the United States Federal Reserve on July of 2025.

Residents of the District of Columbia had the highest personal income per capita in 2023, at ******* U.S. dollars. Mississippi residents, on the other hand, had the lowest personal income per capita, at ****** U.S. dollars. What is personal income? Personal income is the income that a worker receives from all sources, including salary, wages, bonuses, income from self-employment, dividends from investments, and receipts from real estate investments. Because of this, total personal income is different from the average wage, as personal income takes more factors into account than just salary and compensation. Income in the United States Wages and salaries in the United States can vary greatly depending on the profession a person is in, and the rise (or fall) of wages is seen as a key economic indicator as to the financial health of the country’s residents. In recent years, the increasing gap between CEO compensation and the compensation of the average worker has brought the issue of stagnating wages to the forefront of the national conversation.

Graph and download economic data for Per Capita Personal Income in Jackson, MS (MSA) (JACK128PCPI) from 1969 to 2023 about Jackson, MS, personal income, per capita, personal, income, and USA.

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2023, at 90,730 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 39,102 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 214,000 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

U.S. Census Bureau QuickFacts statistics for Mississippi. QuickFacts data are derived from: Population Estimates, American Community Survey, Census of Population and Housing, Current Population Survey, Small Area Health Insurance Estimates, Small Area Income and Poverty Estimates, State and County Housing Unit Estimates, County Business Patterns, Nonemployer Statistics, Economic Census, Survey of Business Owners, Building Permits.

Mississippi - Per Capita Personal Income: 95 years of historical data from 1929 to 2024.

A dataset listing the richest zip codes in Mississippi per the most current US Census data, including information on rank and average income.

In 2023, the median household income in Mississippi amounted to 55,060 U.S. dollars. This is an increase from the previous year, when the median household income in the state was 48,610 U.S. dollars. Mississippi remains far behind the U.S. median income which can be accessed here.

Graph and download economic data for Real Per Capita Personal Income for Gulfport-Biloxi-Pascagoula, MS (MSA) (RPIPC25060) from 2008 to 2023 about Gulfport, MS, personal income, per capita, personal, income, real, and USA.

About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in Mississippi. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2013 and 2023, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

• White: In Mississippi, the median household income for the households where the householder is White increased by $4,392(6.90%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $63,626 in 2013 and $68,018 in 2023.
• Black or African American: In Mississippi, the median household income for the households where the householder is Black or African American increased by $4,002(11.81%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $33,895 in 2013 and $37,897 in 2023.
• Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Mississippi.
• 2010: 2010 median household income
• 2011: 2011 median household income
• 2012: 2012 median household income
• 2013: 2013 median household income
• 2014: 2014 median household income
• 2015: 2015 median household income
• 2016: 2016 median household income
• 2017: 2017 median household income
• 2018: 2018 median household income
• 2019: 2019 median household income
• 2020: 2020 median household income
• 2021: 2021 median household income
• 2022: 2022 median household income
• 2023: 2023 median household income
• Please note: All incomes have been adjusted for inflation and are presented in 2023-inflation-adjusted dollars.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Mississippi median household income by race. You can refer the same here

Graph and download economic data for Real Per Capita Personal Income for Jackson, MS (MSA) (RPIPC27140) from 2008 to 2023 about Jackson, MS, personal income, per capita, personal, income, real, and USA.

Median Household Income in Mississippi was 55060.00000 Current $ in January of 2023, according to the United States Federal Reserve. Historically, Median Household Income in Mississippi reached a record high of 55060.00000 in January of 2023 and a record low of 15430.00000 in January of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for Median Household Income in Mississippi - last updated from the United States Federal Reserve on July of 2025.