The 30 Richest Places to Live in Mississippi: The State’s Most Affluent Communities
Mississippi’s wealth distribution creates distinct pockets of affluence across the state, from historic neighborhoods featuring antebellum architecture to modern lakefront developments and thriving suburban communities.
These areas demonstrate how geographic location, economic development, and community investment contribute to higher property values and household incomes throughout the state.
The wealthiest places in Mississippi span from small towns with strong economic foundations to upscale suburbs near major metropolitan areas, offering residents quality amenities and financial stability.
Understanding these communities provides insight into Mississippi’s economic landscape and reveals opportunities for those seeking prosperous places to call home within the state’s borders.
Here are the 30 richest places to live in Mississippi:
1. Mantachie
Mantachie stands as Mississippi’s wealthiest city based on average income levels. This small community in Itawamba County reports an average annual income of $227,445 according to recent census data.
The town maintains a population of approximately 1,140 residents. Despite its modest size, Mantachie has experienced steady growth in recent years.
Located in northeastern Mississippi, Mantachie benefits from its rural setting while providing residents with substantial earning potential. The high income levels reflect the financial success of local residents and the area’s economic prosperity.
The community represents a notable example of concentrated wealth in Mississippi’s typically rural landscape. Mantachie’s income figures place it significantly above both state and national averages.
This Itawamba County town demonstrates how smaller Mississippi communities can achieve remarkable financial success.
2. Madison
Madison stands as Mississippi’s wealthiest city with a population exceeding 5,000 residents. The city recorded an average household income of $173,819 as of 2023, with a total population of 28,210 people.
Located in Madison County, this affluent community maintains a median household income of $119,662. The median home value reaches $282,600, reflecting the area’s desirable real estate market.
Madison benefits from its position within the Jackson Metropolitan Area. This strategic location provides residents access to diverse employment opportunities across multiple sectors.
The city consistently ranks among Mississippi’s top wealthy communities. Madison County schools contribute to the area’s appeal with high test scores and strong college acceptance rates.
3. Olive Branch
Olive Branch ranks among Mississippi’s wealthiest cities, consistently appearing on lists of the richest places in the state. The city has earned recognition from Money magazine as one of the 50 best places to live in the United States.
Home prices in Olive Branch exceed Mississippi’s state average of $145,564 by a significant margin. This price difference reflects the area’s desirability and economic prosperity.
The city sits along the northern border of Tennessee, approximately 30 miles southeast of Memphis. This strategic location provides residents access to metropolitan amenities while maintaining a smaller community feel.
Olive Branch attracts families with its elite school systems, which serve as one of the biggest draws to the area. Fortune magazine has ranked the city among the top 50 best places to live for families nationally.
The DeSoto County community represents one of Mississippi’s premier residential destinations for affluent households.
4. Mooreville
Mooreville stands as the richest city in Mississippi with a median household income of $128,948. This figure significantly exceeds the state’s median income of $49,111.
The city demonstrates how certain Mississippi communities can achieve prosperity despite the state’s overall economic challenges. Mooreville’s income level surpasses the national average of $74,580 by a substantial margin.
Located in Lee County, this small community has established itself as an affluent enclave. The city’s economic success sets it apart from many other Mississippi municipalities.
Residents of Mooreville enjoy a standard of living that rivals wealthier regions across the United States. The community’s high median income reflects the presence of well-paying jobs and successful local businesses.
5. Bond
Bond stands as one of Mississippi’s most affluent communities, attracting residents with its combination of rural charm and economic prosperity. The town maintains a strong agricultural foundation while developing modern amenities that appeal to wealthy families.
Property values in Bond reflect the area’s desirability among high-income earners. Large estates and well-maintained homes dominate the landscape, creating an exclusive residential atmosphere.
The community benefits from its strategic location, providing easy access to larger metropolitan areas while preserving its small-town character. This balance appeals to professionals seeking upscale living outside major cities.
Bond’s median household income significantly exceeds state averages. The town’s economic stability stems from diverse income sources, including agriculture, business ownership, and professional services.
Local infrastructure supports the affluent lifestyle residents expect. Quality schools, maintained roads, and essential services contribute to Bond’s reputation as a premier destination for wealthy Mississippi families.
6. Independence
Independence ranks among Mississippi’s most affluent communities with impressive economic indicators. The city demonstrates consistent prosperity through high median household incomes that place it well above state averages.
This community benefits from strategic positioning and strong local economic factors. Residents enjoy access to quality amenities while maintaining the charm of smaller Mississippi towns.
The housing market in Independence reflects the area’s desirability and economic strength. Property values remain stable, attracting families seeking upscale living options in Mississippi.
Independence offers a blend of residential appeal and financial stability. The city’s economic foundation supports sustained growth and maintains its position among the state’s wealthiest locations.
7. Madison County
Madison County stands as Mississippi’s wealthiest county with a median household income of $74,688. The county consistently ranks at the top of income statistics across the state.
Home to several affluent communities, Madison County boasts some of Mississippi’s most expensive real estate. The median home values significantly exceed the state average of $145,564.
The county’s school districts maintain consistently high test scores and college acceptance rates. These educational advantages contribute to the area’s desirability among families.
Madison County achieved a national ranking of 388 among America’s wealthiest counties. While not breaking the top 300 nationally, it leads Mississippi’s income rankings.
The county benefits from its proximity to Jackson, providing residents access to a larger metropolitan job market while maintaining suburban appeal.
8. Ridgeland
Ridgeland stands as one of Mississippi’s most prosperous suburban communities. The city attracts affluent residents with its strategic location and quality amenities.
The community features well-maintained residential neighborhoods with higher property values. Local parks provide recreational opportunities for families throughout the year.
Ridgeland offers diverse shopping centers that serve both residents and visitors. The dining scene includes various restaurant options across different price ranges.
The city’s proximity to major employment centers contributes to its economic stability. Many professionals choose Ridgeland for its balance of suburban comfort and urban accessibility.
Local infrastructure supports the community’s growth and prosperity. The area maintains good schools and essential services that wealthy families prioritize when selecting neighborhoods.
9. Tupelo
Tupelo stands as one of Mississippi’s most prosperous mid-sized cities. The city serves as a regional economic hub in the northeastern part of the state.
Known as the birthplace of Elvis Presley, Tupelo has diversified its economy beyond tourism. The city hosts several major manufacturing facilities and healthcare systems.
The area features rolling hills and forested landscapes that provide scenic residential neighborhoods. Many affluent communities have developed around the city’s lakes and golf courses.
Tupelo’s climate remains comfortable year-round with hot summers and mild winters. This weather pattern supports outdoor recreation and attractive residential developments.
The city maintains strong employment opportunities in manufacturing, healthcare, and retail sectors. These industries contribute to higher-than-average household incomes for the region.
Tupelo’s combination of economic stability and natural beauty attracts professionals and retirees seeking quality living in Mississippi.
10. Oxford
Oxford stands out as Mississippi’s most expensive neighborhood according to recent real estate studies. The city commands premium housing prices that exceed most other Mississippi locations.
Home to the University of Mississippi, Oxford benefits from a stable economic base driven by higher education. The university presence creates consistent demand for quality housing and upscale amenities.
The city’s real estate market reflects its status as an educational and cultural hub. Property values remain elevated due to sustained demand from faculty, staff, and affluent families.
Oxford’s combination of academic prestige and Southern charm attracts residents willing to pay higher costs. The city offers cultural amenities and dining options that justify its premium pricing.
Recent data ranks Oxford among the top three most expensive places to purchase homes in Mississippi. This positioning reflects the community’s desirability and limited housing inventory.
11. Southaven
Southaven ranks among Mississippi’s wealthiest cities with a median household income consistently above the state average. The city attracts affluent residents due to its proximity to Memphis, Tennessee, providing expanded employment opportunities across various sectors.
Home values in Southaven exceed the Mississippi state average of $145,564. The real estate market reflects strong demand from families seeking quality neighborhoods with urban amenities nearby.
The city’s strategic location near Memphis creates a broader job market for residents. This accessibility to Tennessee’s economic hub contributes significantly to Southaven’s higher income levels.
Southaven offers a quieter residential environment while maintaining close ties to metropolitan resources. The combination of suburban living and urban job access makes it attractive to higher-income families seeking both comfort and career opportunities.
12. Germantown (MS)
Germantown stands as one of Mississippi’s most affluent communities, located in DeSoto County just south of Memphis, Tennessee. The city has experienced rapid growth and development over the past decades.
This upscale suburb attracts families seeking excellent schools and safe neighborhoods. Germantown’s median household income significantly exceeds the state average.
The community features well-maintained residential areas with modern amenities. Many residents commute to Memphis for work while enjoying Mississippi’s lower cost of living.
Germantown offers quality recreational facilities and parks for its residents. The city maintains strong property values and continues to attract new businesses.
The area’s proximity to Memphis provides access to urban amenities while maintaining a suburban atmosphere. Germantown’s strategic location contributes to its economic stability and growth potential.
13. Brandon
Brandon stands as one of Mississippi’s most affluent communities in Rankin County. The city boasts a median household income of $85,911, positioning it well above the state average.
Located in the Jackson Metropolitan Area, Brandon offers residents access to diverse employment opportunities. The proximity to Jackson provides job prospects in healthcare, education, and government sectors.
Housing values reflect the community’s desirability, with median home prices reaching $222,600. This represents a significant premium compared to Mississippi’s state average of $145,564.
The city attracts families seeking suburban amenities while maintaining reasonable commuting distance to Jackson. Brandon’s combination of strong income levels and stable housing market makes it a consistently wealthy Mississippi community.
Its position in the Jackson metro area provides economic stability and growth potential for residents.
14. Collierville (MS area)
Collierville sits just across the state line in Tennessee but serves as a significant economic influence for the greater Memphis metropolitan area that extends into northern Mississippi. The city attracts affluent professionals who work in Memphis and surrounding areas.
The community features a median household income well above national averages. Collierville’s proximity to Mississippi makes it relevant for those considering wealthy areas in the broader region.
Historic Town Square anchors the downtown area with upscale shopping and dining options. The city maintains its small-town charm while offering modern amenities.
Excellent public schools draw families seeking quality education. Low crime rates and well-maintained neighborhoods contribute to property values.
The housing market includes both historic homes and new construction developments. Many residents commute to Memphis for work while enjoying suburban living.
Collierville’s economic stability and quality of life metrics consistently rank among the highest in the Tennessee-Mississippi border region.
15. Flowood
Flowood stands as one of Mississippi’s most affluent communities, located in Rankin County near Jackson. The city boasts a median household income of $73,654, significantly higher than the state average.
Home values in Flowood reflect its desirability among wealthy residents. The median home value reaches $220,000, substantially exceeding Mississippi’s state average of $145,564.
The city’s location within the greater Jackson metropolitan area provides residents access to diverse employment opportunities. Major sectors include healthcare, government, and education, contributing to the community’s economic stability.
Flowood’s proximity to Jackson offers urban amenities while maintaining a suburban atmosphere. This combination attracts professionals and families seeking quality housing in an upscale environment.
The city consistently ranks among Mississippi’s wealthiest places due to its strong economic indicators and desirable real estate market.
16. Jackson (select neighborhoods)
Jackson’s wealthiest neighborhoods demonstrate significant variation in property values and living costs compared to Mississippi’s average. These premium areas command some of the highest real estate prices in the state.
The market data shows these neighborhoods attract buyers willing to pay above Mississippi’s median home price of $145,564. Property values in Jackson’s upscale areas reflect buyer demand for quality locations.
These neighborhoods typically feature lower crime rates and enhanced amenities. The areas represent Jackson’s most desirable residential zones based on market preferences.
Investment activity has increased in Jackson’s premium neighborhoods. The city’s real estate market offers opportunities for property investors seeking Mississippi locations.
Jackson’s high-end neighborhoods benefit from the city’s position as Mississippi’s capital. This status contributes to economic stability and attracts professionals to the area’s most expensive residential districts.
17. Horn Lake
Horn Lake stands out as one of Mississippi’s most diverse suburbs and attractive places for young professionals. The city ranks among the top destinations in the state for both diversity and overall livability.
Real estate values in Horn Lake remain notably affordable compared to many areas. Home prices fall below Mississippi’s state average of $145,564, making homeownership accessible to middle-income families.
The city’s strategic location near Memphis provides residents with metropolitan amenities while maintaining lower living costs. This combination attracts professionals seeking affordable housing options without sacrificing urban conveniences.
Horn Lake’s economic profile reflects steady growth and development. The area continues to draw new residents seeking quality neighborhoods at reasonable prices, contributing to its ranking among Mississippi’s desirable communities.
18. DeSoto County
DeSoto County ranks among Mississippi’s wealthiest counties with a median household income of $80,968. This places county residents in the 88th percentile nationwide for household income.
The county sits in northern Mississippi near the Tennessee state line. Its proximity to Memphis creates economic opportunities that drive higher incomes.
Housing values reflect the area’s prosperity. Home prices have increased significantly, with some towns like Hernando reaching median values of $329,900 in 2025.
DeSoto County consistently appears in top rankings for Mississippi’s richest counties. The area attracts residents seeking suburban living with access to Memphis employment centers.
Educational attainment in the county shows 27% of adults hold bachelor’s degrees or higher. This educational foundation supports the higher income levels throughout the region.
19. Byhalia
Byhalia sits in Marshall County in northern Mississippi, near the Tennessee border. This small city offers residents a quieter lifestyle while maintaining proximity to larger metropolitan areas.
The community features a mix of residential neighborhoods with varying price points. Local real estate includes both established homes and newer developments that attract families seeking affordable housing options.
Byhalia’s location provides convenient access to major highways, making commutes to Memphis and other regional employment centers manageable. The city maintains essential services and amenities for its residents.
The area’s economy benefits from its strategic position between major cities. Small businesses and local services form the backbone of the community’s commercial sector.
Housing costs in Byhalia remain relatively affordable compared to many Mississippi communities. This affordability factor contributes to its appeal among middle-income families and retirees looking for value in their real estate investments.
20. Grenada
Grenada sits in north-central Mississippi as the county seat of Grenada County. The city has established itself as a regional hub with diverse economic opportunities.
The community benefits from its location along Interstate 55, providing easy access to larger metropolitan areas. This positioning has attracted businesses and residents seeking affordable living with urban conveniences.
Grenada’s housing market offers good value compared to state averages. Residents can find quality neighborhoods with varying price points throughout the city.
The local economy draws strength from manufacturing, healthcare, and retail sectors. Major employers provide stable job opportunities for the workforce.
Grenada Lake serves as a significant recreational asset for the area. The lake attracts visitors and supports tourism-related businesses.
The city maintains essential amenities including healthcare facilities, educational institutions, and shopping centers. These services contribute to the overall quality of life for residents.
21. Saltillo
Saltillo sits in Lee County in northeastern Mississippi, offering residents a small-town atmosphere with growing appeal. The community has developed into one of the state’s more desirable places to live.
The town features varying neighborhood quality based on home values and location. Real estate markets show distinct differences across different areas of Saltillo.
Housing options range from established residential areas to newer developments. Property values reflect the community’s appeal to families seeking quality living environments.
Saltillo’s location provides access to regional employment centers while maintaining its small-town character. The area attracts residents looking for a balance between rural charm and modern conveniences.
The community continues to develop its residential base with improving infrastructure and amenities. Local rankings consistently place Saltillo among Mississippi’s better places to establish residence.
22. New Albany
New Albany stands as a modest but stable community in northeast Mississippi with a population of 8,723 residents. The city offers affordable living with a median household income of $41,975 annually.
The poverty rate in New Albany sits at 11.5%, which is 18% lower than the national average. This indicates a relatively stable economic foundation compared to many other areas across the country.
Housing costs remain accessible in New Albany, with home prices below Mississippi’s state average of $145,564. Nearly 57.3% of households earn less than $50,000 per year.
The city provides residents with a small-town atmosphere while maintaining reasonable cost of living standards. New Albany’s economic stability and affordable housing market make it an attractive option for those seeking value in Mississippi.
23. Laurel
Laurel has experienced notable growth in property values and residential appeal in recent years. The city features several distinct neighborhoods with varying home values and income levels.
Downtown Laurel has undergone significant revitalization efforts. Historic properties have been restored and converted into desirable residential spaces. This area attracts young professionals and families seeking walkable neighborhoods.
The Magnolia Park area represents one of Laurel’s more affluent residential sections. Homes in this neighborhood typically feature larger lots and updated amenities. Property values here exceed the city average.
Eastside neighborhoods offer established residential areas with mature trees and well-maintained properties. These areas provide stability for middle to upper-middle-class families. Home values have shown steady appreciation over the past decade.
Laurel’s affordability compared to larger Mississippi cities makes it attractive to residents seeking value. The combination of reasonable housing costs and improving amenities continues to draw new residents to the area.
24. Brookhaven
Brookhaven sits in Lincoln County as the county seat and serves as a regional hub for south-central Mississippi. The city maintains a steady economy anchored by manufacturing, healthcare, and retail sectors.
The median household income in Brookhaven reaches approximately $38,000. This places it among Mississippi’s middle-tier communities for economic prosperity.
Housing costs remain affordable with median home values around $85,000. The reasonable real estate prices attract families and retirees seeking value in their housing investments.
Brookhaven’s downtown area features historic buildings and local businesses. The city offers parks, recreational facilities, and community events that enhance quality of life for residents.
The presence of King’s Daughters Medical Center provides healthcare jobs and services to the region. Manufacturing facilities also contribute to the local employment base.
25. West Point
West Point sits in Clay County in northeastern Mississippi, offering residents a blend of small-town charm and economic opportunity. The city has developed a reputation as an attractive place for families and professionals seeking affordable living options.
The community benefits from its location along major transportation corridors, providing access to larger metropolitan areas while maintaining its distinct character. Local industries and businesses contribute to the area’s economic stability.
West Point features historic downtown areas alongside newer residential developments. The city offers various amenities including parks, recreational facilities, and local dining establishments that serve the community.
Housing costs in West Point remain relatively affordable compared to larger Mississippi cities. This affordability factor, combined with the area’s quality of life offerings, attracts residents looking for value in their housing investments while maintaining access to essential services and community resources.
26. Calhoun City
Calhoun City serves as the county seat of Calhoun County in north-central Mississippi. The small community maintains a stable local economy centered around agriculture and small business enterprises.
The town’s median household income reflects typical rural Mississippi standards. Residents benefit from lower living costs compared to urban areas throughout the state.
Calhoun City’s economy relies heavily on farming operations and related agricultural services. Local businesses provide essential services to surrounding rural communities.
The area offers affordable housing options with modest property values. Single-family homes dominate the residential landscape, attracting families seeking small-town living.
Educational services come through the Calhoun County School District. The town provides basic municipal services and maintains local infrastructure for its residents.
27. Clarksdale
Clarksdale ranks among Mississippi’s more affordable communities rather than its wealthiest areas. The city has a population of approximately 15,342 residents and faces significant economic challenges.
The typical household in Clarksdale earns $30,603 annually. This income level falls well below both state and national median household incomes.
The poverty rate reaches 38.7% in Clarksdale. This rate stands 176% higher than the national average, indicating substantial economic hardship for many residents.
Home values in Clarksdale remain below Mississippi’s state average of $145,564. The lower housing costs reflect the area’s economic conditions and reduced demand compared to wealthier Mississippi communities.
Despite economic challenges, Clarksdale maintains its place as a historically significant Mississippi community. The city’s affordability attracts residents seeking lower living costs in the region.
28. Senatobia
Senatobia represents a modest entry among Mississippi’s wealthier communities. The city offers varying neighborhood quality based on median home values throughout different areas.
Housing disparity exists within Senatobia’s boundaries. Some neighborhoods command higher property values while others remain more affordable for residents.
The local real estate market reflects typical patterns found in smaller Mississippi cities. Home values serve as primary indicators of neighborhood desirability and economic standing.
Senatobia’s position on this list stems from select residential areas with above-average property values. These pockets of higher-value homes contribute to the city’s overall wealth ranking.
The community maintains characteristics common to many Mississippi towns. Geographic location and local amenities influence property values and resident income levels.
Market demand drives the best neighborhoods in Senatobia. Areas with higher home values typically attract residents seeking quality living environments within the region.
29. Picayune
Picayune ranks as one of Mississippi’s more prosperous communities, located in Pearl River County near the Louisiana border. The city has developed a stable economic base that supports middle-class households.
Housing quality varies significantly across different neighborhoods within Picayune. The real estate market shows notable disparities, with some areas commanding higher property values than others.
Local residents benefit from the city’s strategic location and relatively affordable cost of living. Picayune offers access to employment opportunities both within the city and in nearby regions.
The community maintains lower crime rates compared to many Mississippi cities. This contributes to the overall quality of life that attracts families and working professionals to the area.
Picayune’s median home values reflect the desirability of certain neighborhoods within the city limits.
30. Vicksburg
Vicksburg sits along the Mississippi River with a population of approximately 22,045 residents. The city carries significant historical importance as a Civil War battleground.
The typical household in Vicksburg earns $34,242 annually. This income level falls considerably below the national median of $67,500.
The city faces economic challenges with a poverty rate of 32.4%. This rate stands 131% higher than the national average.
Vicksburg’s neighborhoods vary significantly in quality and home values. The market reflects these disparities across different areas of the city.
Despite economic challenges, Vicksburg offers affordable living costs compared to national standards. The city provides Southern charm and historical significance for residents seeking lower-cost living options in Mississippi.
What Makes a Place Rich in Mississippi?
Wealth in Mississippi concentrates in specific areas based on measurable economic factors, population characteristics, and community infrastructure. These elements combine to create the state’s most affluent communities.
Key Economic Indicators
Median household income serves as the primary measure of community wealth in Mississippi. The wealthiest cities typically require median incomes around $60,000 or higher to make top rankings.
Property values directly correlate with community affluence. Mississippi’s top neighborhoods experienced average housing growth of 49.3% from 2015 to 2025, demonstrating strong real estate performance.
Employment opportunities in professional sectors drive income levels higher. Communities near major economic centers like Jackson benefit from access to corporate jobs and government positions.
Business diversity strengthens local economies. Areas with mixed commercial development, from retail to professional services, maintain more stable wealth levels than single-industry towns.
Demographic Trends
Education levels strongly influence community wealth patterns. Residents with college degrees typically earn higher incomes and choose communities with quality schools.
Age demographics affect wealth concentration. Communities attracting working-age professionals between 35-55 years old show higher median incomes than areas with predominantly younger or retired populations.
Population stability indicates community desirability. Wealthy areas maintain steady or growing populations as residents invest long-term in property and local businesses.
Family structure impacts household income calculations. Areas with higher percentages of dual-income households naturally show elevated median income statistics.
Local Amenities and Infrastructure
School quality drives residential choices for affluent families. Top-rated school districts attract higher-income residents willing to pay premium housing costs for educational access.
Transportation infrastructure connects communities to economic opportunities. Proximity to major highways and airports enables residents to access higher-paying jobs in metropolitan areas.
Healthcare facilities serve as both employers and community amenities. Areas with quality medical centers attract medical professionals and support staff with above-average incomes.
Recreational amenities enhance property values. Lakefront communities and areas with golf courses, parks, and cultural facilities command higher real estate prices and attract wealthier residents.
Economic Impact of Wealthy Communities
Wealthy communities in Mississippi generate significant economic effects that extend beyond their immediate boundaries. These affluent areas influence local education funding and create substantial changes in real estate market dynamics.
Effects on Local Education
Mississippi’s wealthiest communities directly impact educational outcomes through higher property tax revenues. Cities like Madison and Flowood generate substantially more per-pupil funding than state averages.
Property Tax Revenue Benefits:
- Higher home values increase school district funding
- Better teacher recruitment and retention rates
- Enhanced facilities and technology programs
Madison County schools receive approximately 40% more funding per student compared to rural districts. This funding gap allows wealthy districts to offer advanced placement courses, specialized programs, and smaller class sizes.
The educational advantages create a cycle of prosperity. Families move to these areas specifically for school quality, maintaining property values and tax bases.
Influence on Real Estate Markets
Wealthy communities in Mississippi create price premiums that affect surrounding areas. Madison’s median home values exceed $350,000, compared to the state average of $142,000.
These affluent areas drive regional development patterns. New residential and commercial projects cluster around established wealthy neighborhoods, creating economic corridors.
Market Effects Include:
- Increased construction jobs and contractor demand
- Higher property tax collections for municipalities
- Attraction of upscale retail and service businesses
Real estate appreciation in cities like Ocean Springs and Hernando influences neighboring communities. Property values within 10 miles of wealthy areas typically increase 15-25% above regional averages.
Local governments benefit from increased tax revenues without proportional increases in service costs.
