These Are The 10 Richest Cities In Mississippi

Madison, Diamondhead, Gulf Park Estates: These cities aren’t just some of the best places to live in Mississippi. They are also home to some of the richest people in the Magnolia State.

Madison in particular houses the richest residents in the state thanks, in part, to a median household income of $99,109 and a ridiculously low poverty rate of 4.3%.

If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Mississippi share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.

After analyzing Census data from the 2010-2014 American Community Survey for the 67 places in Mississippi with more than 5,000 people, we were left with this set of the ten richest places in the Magnolia State:

1. Madison
2. Diamondhead
3. Gulf Park Estates
4. Brandon
5. Byram
6. Vancleave
7. Ridgeland
8. Olive Branch
9. Hernando
10. Southaven

For more on how we calculated the top ten, read on or skip to the end for the full list. Oh, and the poorest place in Mississippi? That would be Yazoo City.

How We Determined The Richest Places In Mississippi

The first thing that comes to most people’s minds when they think about determining the richest places is simply how much people earn. After all, rich people have really high salaries.

However, we don’t think that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the 2010-2014 American Community Survey:

• Poverty Level
• Median Household Income
• Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 67 places with more than 5,000 people in Mississippi, we ranked each place from 1 to 67 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Madison, crowned the “Richest Place In Mississippi”.

You can learn more about the top ten below or skip to the end to see the rankings for all 67 places.

1. Madison

Population: 24,871
Median Income: 9910900.0%
Poverty Level: 4.3%
Unemployment Rate: 4.6%

2. Diamondhead

Population: 8,275
Median Income: 6713800.0%
Poverty Level: 8.2%
Unemployment Rate: 4.1%

3. Gulf Park Estates

Population: 5,571
Median Income: 6498000.0%
Poverty Level: 8.2%
Unemployment Rate: 5.6%

4. Brandon

Population: 22,616
Median Income: 7119900.0%
Poverty Level: 9.2%
Unemployment Rate: 5.5%

5. Byram

Population: 11,609
Median Income: 5553200.0%
Poverty Level: 7.7%
Unemployment Rate: 6.4%

6. Vancleave

Population: 6,147
Median Income: 5546600.0%
Poverty Level: 8.9%
Unemployment Rate: 4.6%

7. Ridgeland

Population: 24,209
Median Income: 5501200.0%
Poverty Level: 10.0%
Unemployment Rate: 4.5%

8. Olive Branch

Population: 34,543
Median Income: 6425300.0%
Poverty Level: 7.2%
Unemployment Rate: 8.2%

9. Hernando

Population: 14,723
Median Income: 6146600.0%
Poverty Level: 8.2%
Unemployment Rate: 7.2%

10. Southaven

Population: 50,389
Median Income: 5871200.0%
Poverty Level: 9.2%
Unemployment Rate: 6.8%

There You Have It – The Richest Places In Mississippi

Like we said earlier, when we set out to identify the richest places in Mississippi, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Mississippi. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in MS, according to data:

Poorest: Yazoo City
2nd Poorest: Aberdeen
3rd Poorest: Louisville
For more Mississippi reading , check out:

• These Are The 10 Best Places To Live In Mississippi
• This Jackson Mississippi Man Is The New Internet Sensation
• These Are The 10 Most Ghetto Cities In Mississippi

Detailed List Of Richest Places In Mississippi

City	Rank	Population	Median Income	Poverty Level	Unemployment Rate
Madison	1	24,871	$99,109	4.3%	4.6%
Diamondhead	2	8,275	$67,138	8.2%	4.1%
Gulf Park Estates	3	5,571	$64,980	8.2%	5.6%
Brandon	4	22,616	$71,199	9.2%	5.5%
Byram	5	11,609	$55,532	7.7%	6.4%
Vancleave	6	6,147	$55,466	8.9%	4.6%
Ridgeland	7	24,209	$55,012	10.0%	4.5%
Olive Branch	8	34,543	$64,253	7.2%	8.2%
Hernando	9	14,723	$61,466	8.2%	7.2%
Southaven	10	50,389	$58,712	9.2%	6.8%
Clinton	11	25,486	$60,161	13.1%	4.7%
Latimer	12	7,066	$53,860	7.1%	8.1%
Ocean Springs	13	17,446	$57,080	10.0%	6.7%
Richland	14	7,012	$45,338	12.1%	4.6%
D’Iberville	15	10,161	$45,378	8.6%	7.0%
Flowood	16	8,218	$51,367	12.7%	6.1%
Pontotoc	17	5,754	$43,137	13.8%	1.9%
Petal	18	10,675	$50,955	13.1%	8.2%
Long Beach	19	15,224	$50,051	11.6%	9.6%
Gulf Hills	20	8,398	$57,500	12.5%	10.8%
Batesville	21	7,436	$47,382	20.8%	7.0%
Horn Lake	22	26,486	$45,817	12.4%	10.5%
Tupelo	23	35,345	$41,979	21.1%	7.8%
Pearl	24	26,105	$41,326	14.1%	9.0%
West Hattiesburg	25	6,853	$44,263	20.5%	8.8%
Gautier	26	18,581	$45,934	18.3%	10.4%
Senatobia	27	8,063	$40,843	15.9%	9.0%
Bay St. Louis	28	10,313	$41,078	21.8%	8.4%
Biloxi	29	44,527	$39,374	18.6%	9.8%
Canton	30	13,321	$37,591	25.2%	8.0%
Ripley	31	5,349	$33,759	22.5%	8.7%
Picayune	32	10,838	$32,969	20.8%	10.3%
St. Martin	33	7,627	$39,654	20.0%	14.4%
Forest	34	5,719	$37,961	22.2%	11.4%
Pascagoula	35	22,239	$38,574	23.2%	10.8%
McComb	36	12,771	$29,798	21.9%	10.0%
Gulfport	37	69,913	$36,658	23.2%	11.7%
Philadelphia	38	7,446	$32,730	22.3%	11.3%
Grenada	39	12,951	$29,286	22.3%	10.0%
Amory	40	7,197	$35,940	21.8%	14.8%
New Albany	41	8,291	$37,571	26.2%	12.0%
Moss Point	42	13,690	$37,006	21.1%	16.7%
Cleveland	43	12,318	$34,138	23.5%	13.5%
Jackson	44	173,631	$33,0 80	26.7%	12.6%
Oxford	45	20,200	$31,230	44.4%	8.9%
Corinth	46	14,797	$30,944	27.6%	12.4%
Brookhaven	47	12,499	$29,233	31.8%	10.0%
Waveland	48	6,463	$33,909	23.4%	18.3%
Vicksburg	49	23,559	$27,991	28.8%	11.1%
Laurel	50	18,720	$28,002	28.3%	11.5%
Meridian	51	40,809	$29,531	28.9%	12.8%
Starkville	52	24,457	$31,357	37.6%	12.1%
Booneville	53	8,775	$29,637	27.6%	16.4%
Natchez	54	15,563	$26,853	30.4%	11.1%
Holly Springs	55	7,585	$27,591	23.4%	16.4%
Kosciusko	56	7,302	$28,125	29.1%	15.9%
Columbus	57	23,483	$29,335	31.1%	17.6%
Greenville	58	33,518	$30,096	33.2%	22.9%
Hattiesburg	59	46,629	$27,827	36.8%	14.3%
Indianola	60	10,426	$27,181	28.9%	19.4%
Clarksdale	61	17,497	$27,742	34.4%	16.6%
Columbia	62	6,446	$21,606	35.6%	13.1%
West Point	63	11,200	$26,784	29.0%	20.0%
Greenwood	64	15,873	$26,126	35.7%	16.7%
Louisville	65	6,498	$26,061	39.8%	23.0%
Aberdeen	66	5,492	$22,875	42.3%	21.9%
Yazoo City	67	11,462	$18,566	45.5%	31.0%