What is middle class income in Mississippi?
How much you have to earn to be middle class in every state
| State | Middle-class income | Median household income |
|---|---|---|
| Indiana | $43,310 | $57,603 |
| Mississippi | $41,839 | $45,792 |
| West Virginia | $41,649 | $48,850 |
| Arkansas | $40,928 | $48,952 |
What is the average yearly income in Mississippi?
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2016-2020 | 25.2 |
| Income & Poverty | |
| Median household income (in 2020 dollars), 2016-2020 | $46,511 |
| Per capita income in past 12 months (in 2020 dollars), 2016-2020 | $25,444 |
What is considered high income in Mississippi?
While ZipRecruiter is seeing salaries as high as $83,617 and as low as $16,897, the majority of salaries within the Upper Class jobs category currently range between $32,927 (25th percentile) to $56,756 (75th percentile) with top earners (90th percentile) making $69,320 annually in Mississippi.
Is Mississippi a rich or poor state?
Mississippi is the poorest U.S. state. Mississippi’s median household income is $45,792, the lowest in the country, with a livable wage of $46,000. Additionally, the state has a poverty rate of 19.6%, the highest of any state.
What is a good salary in Mississippi?
Salaries below this are outliers. 27% of jobs $5,343 is the 75th percentile. Salaries above this are outliers. 15% of jobs $6,498 is the 90th percentile….What are Top 10 Highest Paying Cities for Average Jobs in Mississippi.
| City | Olive Branch |
|---|---|
| Annual Salary | $67,698 |
| Monthly Pay | $5,642 |
| Weekly Pay | $1,302 |
| Hourly Wage | $32.55 |
What is a living wage in Mississippi?
Living Wage Calculation for Mississippi
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 0 Children | |
| Living Wage | $15.90 | $25.07 |
| Poverty Wage | $6.19 | $8.38 |
| Minimum Wage | $7.25 | $7.25 |
What is a good hourly wage in Mississippi?
Mississippi Jobs by Hourly Rate
| Job Title | Range | Average |
|---|---|---|
| Cashier | Range:$7 – $12 | Average:$8 |
| Sales Associate | Range:$8 – $13 | Average:$10 |
| Customer Service Representative (CSR) | Range:$8 – $16 | Average:$12 |
| Administrative Assistant | Range:$11 – $20 | Average:$15 |
What is considered middle class?
The Pew Research Center has put a financial definition to the term “middle income.” To be considered part of that group in 2021—which is synonymous with middle-class, according to Pew—a single American must have earned $30,003 to $90,010, according to a new set of reports released Wednesday.
What is poverty level income in Mississippi?
How is poverty defined? In 2018, the federal poverty income threshold was $25,465 for a family of four with two children, and $17,308 for a single parent of one child. If a family’s total income is less than the corresponding threshold, then that family and every individual in it is considered in poverty.
What is the poorest town in MS?
(WCBI) – It’s a little unwelcome recognition. Mississippi ranks as the poorest state in the country. That news is bad enough, but according to the 24/7 Wall Street Special Report of the Top 10 Poorest Cities, Macon holds the distinction of being the poorest city in the nation.
Why is Mississippi so cheap?
Land availability, low rent prices and access to the Gulf and highways for shipping make Mississippi the least expensive place to live in the U.S., Cole said.
How much money do you need to live comfortably in Mississippi?
This popular general budgeting rule allocates 50% of annual income to necessities like housing, 30% to discretionary expenses like travel, and the remaining 20% to savings. The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321.