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Carroll County

Median Wealth ('000s)

 
 
         
Over 120K 90 to 120 70 to 90 50 to 70 Under 50K

Overview

The map on the left, shows the dispersion of median wealth throughout Carroll County. The definition of wealth is the accumulation of all assets less all debts (liabilities) of a houdehold. It is possible for a household to have negative wealth. That can exist if the debts of the household are greater than its assets.

Median wealth is where half the people in an area are under that median wealth value and the other half are above that value. In the case of the map on the left, the darker areas show where the median wealth is the highest. An interesting use of median wealth is in comparing various areas. If one area shows a median wealth lower than another, you can say that area has a less prosperous population without having to analyze the numbers beyond the median itself.

Below is a chart and report that shows how the county compares to the state it is located in and the nation.

Sources: STI: PopStats

Household Wealth Comparisons


Data Topic Carroll County  Mississippi  Nation 
Households 4,0151,178,514130,444,503
Under 0K 688211,88722,694,210
1 to 5 351107,44111,174,090
5 to 10 17955,8335,945,595
10 to 25 25276,4408,288,973
25 to 50 27881,1908,863,167
50 to 100 430122,38513,316,686
100 to 250 752212,26623,561,004
250 to 500 529150,07017,213,209
Over 500K 556161,00219,387,569
Median 80,17473,06981,000
Average 232,946227,976241,592