Want to rub shoulders with the richest of the rich over some first-class po’boys in the Hospitality State? Then you should move to the cities that house the wealthy elite of Mississippi.
The first place to look would be some of the surrounding suburbs of Jackson, which constitute 70% of cities on the richest cities in Mississippi list. Places like Madison and Brandon top not only this list, but also the best places to live in Mississippi.
How did we come up with this list? We narrowed the cities to those with at least 3,000 residents. We then used Saturday Night Science to rank the remaining cities based on home prices and incomes from Zillow and the Census.
How much do you need to earn to break into Mississippi’s high society? You’ll need at least $65,000/year. With all that money, you’ll be rolling in the finest shrimp and blue crab that Mississippi offers.
You might even give Mississippi’s native daughter, Oprah, a run for her money.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In Mississippi For 2024
What is the richest city in Mississippi? According to the data, Madison is the richest city in Mississippi for 2024.
Just because the state has some of the highest poverty levels nationwide doesn’t mean there aren’t some hotspots of wealth.
Get out your fried okra and catfish, switch on the Ole Miss game, and read on to learn more about the wealthiest areas in Mississippi.
Rich people not your cup of tea? Feel free to check out some more reading about Mississippi:
The 10 Richest Cities In Mississippi For 2024
1. Madison
/10
Population: 27,595
Median Income: $124,575
Median Home Values: $389,530
More on Madison: Data | Crime | Cost Of Living | Real Estate
2. Olive Branch
/10
Population: 45,938
Median Income: $93,762
Median Home Values: $325,825
More on Olive Branch: Data | Crime | Cost Of Living | Real Estate
3. Flowood
/10
Population: 10,204
Median Income: $89,144
Median Home Values: $318,663
More on Flowood: Data | Crime | Cost Of Living | Real Estate
4. Brandon
/10
Population: 25,142
Median Income: $89,051
Median Home Values: $272,442
More on Brandon: Data | Crime | Cost Of Living | Real Estate
5. Hernando
/10
Population: 17,262
Median Income: $69,761
Median Home Values: $326,012
More on Hernando: Data | Crime | Cost Of Living | Real Estate
6. Diamondhead
/10
Population: 9,360
Median Income: $80,504
Median Home Values: $246,567
More on Diamondhead: Data | Cost Of Living | Real Estate
7. Southaven
/10
Population: 54,908
Median Income: $72,513
Median Home Values: $258,896
More on Southaven: Data | Crime | Cost Of Living | Real Estate
8. Florence
/10
9. Ocean Springs
/10
Population: 18,417
Median Income: $72,500
Median Home Values: $250,207
More on Ocean Springs: Data | Crime | Cost Of Living | Real Estate
10. Pass Christian
/10
Population: 5,802
Median Income: $65,000
Median Home Values: $289,217
More on Pass Christian: Data | Crime | Cost Of Living | Real Estate
Methodology: How We Determined The Richest Places In Mississippi For 2024
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.
However, we don’t believe 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 newly released 2018-2022 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 83 places with more than 3,000 people in Mississippi, we ranked each place from 1 to 83 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 City In Mississippi For 2024.”
The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in Mississippi.
You can skip to the end to see the rankings for all 83 places.
Summary: The Wealthiest Places In Mississippi For 2024
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.
The richest cities in Mississippi are Madison, Olive Branch, Flowood, Brandon, Hernando, Diamondhead, Southaven, Florence, Ocean Springs, and Pass Christian.
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 Mississippi, according to data:
Poorest: Yazoo City
2nd Poorest: Morton
3rd Poorest: Winona
For more Mississippi reading, check out:
- Safest Places In Mississippi
- Best Places To Raise A Family In Mississippi
- Worst Places To Live In Mississippi
Detailed List Of The Richest Cities In Mississippi
| Rank | City | RichScore | Median Income | Average Home Price |
|---|---|---|---|---|
| 1 | Madison | 1.0 | $124,575 | $389,530 |
| 2 | Olive Branch | 2.5 | $93,762 | $325,825 |
| 3 | Flowood | 4.0 | $89,144 | $318,663 |
| 4 | Brandon | 5.5 | $89,051 | $272,442 |
| 5 | Hernando | 7.0 | $69,761 | $326,012 |
| 6 | Diamondhead | 9.0 | $80,504 | $246,567 |
| 7 | Southaven | 9.0 | $72,513 | $258,896 |
| 8 | Florence | 9.5 | $88,750 | $228,843 |
| 9 | Ocean Springs | 10.0 | $72,500 | $250,207 |
| 10 | Pass Christian | 10.5 | $65,000 | $289,217 |
| 11 | Ridgeland | 11.0 | $66,171 | $262,121 |
| 12 | Saltillo | 12.5 | $78,922 | $223,832 |
| 13 | Clinton | 13.0 | $71,315 | $225,260 |
| 14 | Oxford | 13.5 | $56,784 | $323,812 |
| 15 | Long Beach | 14.5 | $66,573 | $225,244 |
| 16 | Bay St. Louis | 14.5 | $63,508 | $236,101 |
| 17 | Byram | 16.0 | $72,536 | $200,046 |
| 18 | Petal | 19.0 | $61,957 | $210,789 |
| 19 | Senatobia | 21.5 | $56,780 | $220,794 |
| 20 | Biloxi | 21.5 | $55,775 | $224,489 |
| 21 | Waveland | 23.0 | $56,396 | $204,521 |
| 22 | Tupelo | 23.0 | $62,686 | $185,761 |
| 23 | Horn Lake | 24.5 | $57,111 | $186,016 |
| 24 | Richland | 24.5 | $54,753 | $201,415 |
| 25 | Pearl | 26.5 | $56,838 | $182,229 |
| 26 | D’iberville | 27.5 | $52,625 | $195,552 |
| 27 | Batesville | 28.0 | $57,813 | $170,642 |
| 28 | Gautier | 28.0 | $57,757 | $172,204 |
| 29 | New Albany | 32.0 | $50,890 | $175,466 |
| 30 | Pontotoc | 33.0 | $49,235 | $176,634 |
| 31 | Amory | 37.5 | $52,298 | $144,341 |
| 32 | Gulfport | 37.5 | $43,499 | $190,647 |
| 33 | Starkville | 38.5 | $36,076 | $248,103 |
| 34 | Hattiesburg | 38.5 | $41,024 | $199,812 |
| 35 | Water Valley | 40.0 | $45,718 | $149,214 |
| 36 | Vicksburg | 40.5 | $45,147 | $161,758 |
| 37 | Ripley | 40.5 | $53,175 | $132,221 |
| 38 | Iuka | 41.0 | $43,887 | $174,044 |
| 39 | Leakesville | 41.5 | $49,250 | $134,411 |
| 40 | Carthage | 41.5 | $47,722 | $142,542 |
| 41 | Fulton | 41.5 | $46,875 | $143,539 |
| 42 | Wiggins | 44.5 | $44,250 | $147,767 |
| 43 | Cleveland | 46.0 | $42,005 | $147,968 |
| 44 | Booneville | 46.0 | $48,655 | $127,177 |
| 45 | Baldwyn | 47.0 | $44,464 | $137,493 |
| 46 | Canton | 47.0 | $33,411 | $200,822 |
| 47 | Columbus | 48.0 | $38,954 | $151,954 |
| 48 | Picayune | 48.5 | $35,649 | $183,125 |
| 49 | Corinth | 49.0 | $40,546 | $144,798 |
| 50 | Holly Springs | 51.0 | $45,552 | $123,433 |
| 51 | Moss Point | 51.0 | $44,779 | $125,200 |
| 52 | Forest | 51.5 | $50,093 | $99,558 |
| 53 | Magee | 51.5 | $39,485 | $140,201 |
| 54 | Aberdeen | 51.5 | $46,788 | $118,125 |
| 55 | Pascagoula | 53.0 | $41,679 | $130,667 |
| 56 | Philadelphia | 54.5 | $38,713 | $132,847 |
| 57 | Brookhaven | 55.0 | $32,869 | $166,022 |
| 58 | Crystal Springs | 55.0 | $44,653 | $116,285 |
| 59 | Ellisville | 56.0 | $30,479 | $174,987 |
| 60 | Laurel | 56.5 | $36,336 | $133,004 |
| 61 | Grenada | 58.0 | $40,714 | $120,441 |
| 62 | Leland | 58.5 | $45,645 | $86,973 |
| 63 | Louisville | 60.5 | $36,078 | $127,400 |
| 64 | Newton | 65.0 | $36,250 | $116,218 |
| 65 | Jackson | 65.0 | $42,193 | $62,707 |
| 66 | Hazlehurst | 66.0 | $38,365 | $90,642 |
| 67 | West Point | 66.5 | $32,846 | $124,955 |
| 68 | Houston | 66.5 | $32,410 | $125,205 |
| 69 | Magnolia | 67.0 | $38,083 | $89,751 |
| 70 | Indianola | 67.0 | $36,243 | $102,937 |
| 71 | Mccomb | 68.5 | $37,288 | $88,612 |
| 72 | Waynesboro | 68.5 | $24,779 | $132,103 |
| 73 | Greenwood | 69.0 | $37,718 | $84,541 |
| 74 | Kosciusko | 69.0 | $33,719 | $108,104 |
| 75 | Natchez | 70.0 | $31,800 | $118,158 |
| 76 | Columbia | 71.0 | $29,470 | $122,969 |
| 77 | Meridian | 71.5 | $32,797 | $107,888 |
| 78 | Greenville | 74.5 | $35,148 | $66,483 |
| 79 | Clarksdale | 75.5 | $35,377 | $45,333 |
| 80 | Macon | 77.0 | $29,225 | $95,067 |
| 81 | Winona | 77.0 | $26,250 | $98,487 |
| 82 | Morton | 79.0 | $29,900 | $77,613 |
| 83 | Yazoo City | 79.5 | $31,310 | $61,933 |
