Income & Economy in Redwood, MS

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$52,796

-28% vs national

Per Capita Income

$16,871

-55% vs national

Poverty Rate

0.0%

-100% vs national

Gini Index

0.1422

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

8.6%

of households

How Redwood Compares

Source: Census ACS (2023)

Redwood vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Redwood is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Redwood. The median household income here is $52,796.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
$25-50K
44.4%
$50-75K
46.9%
$75-100K
8.6%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs MS avg

Labor Force

130

Employed

130

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

9.8%

of adults 25+

High School Diploma+

16.7%

of adults 25+

Median Age

30.8

Work from Home

0.0%

of workers

The median household income in Redwood, MS is $52,796, which is 27.9% below the national average of $73,224. Per capita income is $16,871. The poverty rate of 0.0% is lower than the MS state average of 23.5%. The Gini index of income inequality is 0.1422, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 7.0%. 9.8% of adults hold a bachelor's degree or higher.