Leake County Income Charts

This section shows the Leake County Mississippi economy using the most recent economic analysis from the 2020 Census Bureau. Starting with Figure 1 which shows the median earnings per worker, Leake County depicts it has a Median earnings of $35,290 which is less than most other counties in the local area. The county with the highest median earnings per worker in the area is Madison County which shows a median earnings of $50,627 (43.5% larger). Comparing median earnings per worker to the United States average of $49,041, Leake County is approximately three-fourths the size. Also, in contrast to the state of Mississippi, median earnings per worker of $39,216, Leake County is about 11.1% smaller.

In Figure 2 a more complete view of income is shown which aggregates income from all members in the household and it has a Median household income of $37,096 which is the third most of all other counties in the local area. The county with the highest median household income in the area is Madison County which depicts a median income of $71,824 (about twice as large). Comparing median household income to the United States average of $62,843, Leake County is approximately three-fourths the size. Also, compared to the state of Mississippi, median household income of $45,081, Leake County is about 21.5% smaller.

The next section examines a variety of different income statistics for the Leake County metropolitan area. In Figure 3 we see that it it has the largest proportion of earnings between $15,000 and $19,999 at 37.4% of the total and is ranked #1.

Figure 5 has the Average number of hours worked in a typical work week during the year, it has a Avg Hours Worked of 41.9 which is more than all other counties in the greater Leake County region. Dividing median annual worker earnings by the average number of hours worked in a year in Figure 6 shows that it has a Avg Hrly Earnings of $16.20 which is the second smallest as measured by average hourly earnings of all the other counties in the local area. The county with the highest average hourly earnings in the area is Madison County which indicates an average hourly earnings of $24.22 (49.5% larger). Comparing average hourly earnings to the United States average of $24.31, Leake County is approximately three-fourths the size. Also, compared to the state of Mississippi, average hourly earnings of $19.14, Leake County is about 18.2% smaller.

Figure 7 examines the number of self employed people in the Leake County metro area based on the number of people who reported any self employment income. Leake County indicates it has a Self Employed of 10.4% which is the second most of all the counties in the surrounding region. The county with the highest percentage of people self employed in the area is Madison County which shows a percentage self employed of 10.4% ( about the same size).

Turning our attention to Figure 8, the median household income by age group, it has one of the largest proportions of median income-under 25 years at $46,862 of the total and is ranked #2. The only larger county being Madison County with $70,535. Second, it has the second smallest when ranked by median income for those under 25 years of age of all the other counties in the local area when ranked by median income-25 to 44 years at $38,013 of the total. Third, it has less than most other counties in the greater region in order of median income-45 to 64 years at $27,350 of the total.

Figure 9 breaks down the source of income and Leake County has the largest proportion of income from wages at 8.1% of the total and is ranked #1. Second, it has the smallest proportion of self employment income at 8.6% of the total. Third, it has the largest proportion of social security at 1.8% of the total and is ranked #1.

The next chart (Figure 11) shows the percentage of households that had retirement income over the last 12 months and it has a With Retirement Income of 15.3% which is the smallest when sorted by households with retirement income of all the other counties in the local area. The county with the highest households with retirement income in the area is Attala County which indicates a households with retirement income of 19.9% (30.1% larger).

In the next chart, Figure 12, the median family income is shown for families broken down by racial group and has the percentage of overall family income in the middle range of other counties in the local area at $60,712 of the total. Second, it has less than most other counties in the metro area in terms of white family income at $31,647 of the total. Third, it has in the mid range of other counties in the greater region when ranked by black family income at $29,306 of the total. Also, it has the second smallest when sorted by overall family income of all the other counties in the local area as measured by hawaiian family income at $2,499 of the total.

Figure 13 shows the cost of living and other consumer spending categories for a variety of cost components from the Bureau of Labor Statistics. Leake County depicts it has the hightest cost of 118.1 for the cost of utilities classification.

Leake County Labor Force Charts

The next two charts look at very recent, monthly trended employment related performance using data estimated by economists at the Bureau of Labor Statistics (BLS). The BLS tracks unemployment statistics for a large number of areas throughout the country on a month to month basis. However, not every location in the U.S. is tracked by the BLS so the chart will only show the closest location available (which may be the same location.) Figure 14 shows the monthly unemployment rate for the area as well as a comparison to the overall national economy measure for the United States. Note that in March to April 2020, the Covid 19 recession or great recession occurred and affects this metric. . It depicts that from February 2010 to before the disasterous COVID Pandemic the monthly unemployment rate went from 9.9% to 5.5% in February 2020. This represents a decrease in the monthly unemployment rate of 44.4%. Since that time, the monthly unemployment rate has gone to 5.6% This represents an increase in the monthly unemployment rate of very little. In Figure 15 the monthly labor force participation which are people actively looking for work are also defined as unemployed but do not include people who have given up looking for work. . It depicts that from February 2010 to before the Wuhan Coronavirus Pandemic the monthly labor force participation went from 8,987 to 8,006 in February 2020. This represents a decrease in the monthly labor force participation of 10.9%. Since that time, the monthly labor force participation has gone to 8,263 This represents an increase in the monthly labor force participation of 3.2%.

The next two charts look at the annual unemployment rate/eligible for unemployment benefits and is based on the American Community survey. Figure 16 shows Leake County shows it has a Unemployment Rate of 4.4% which is the third most unemployment rate of all other counties in the greater Leake County region. The county with the highest unemployment rate in the area is Neshoba County which depicts a rate of 5.7% (30.6% larger). Figure 17 shows the labor force participation using the estimated percentage of people either working or actively looking for work. Leake County shows it has a Labor Force Participation of 53.2% which is in the mid range of other counties in the greater region.

The percentage of full-time workers are compared to the number of part-time workers in Figure 19. Leake County depicts full time employees substantially bigger as the part time employees.

The next employment related data item is shown in Figure 21 which is the percentage of families with only a single earner in the greater Leake County area. Leake County shows it has a Single Earner Families of 29.1% which is the second smallest when ranked by families with a single earner of all the other counties in the metro area. The county with the highest families with a single earner in the area is Scott County which depicts a single earners rate of 36.0% (24.0% larger). The percentage of families with no one working is depicted in Figure 22. Leake County depicts it has a Families with No One Working of 21.3% which is the third most of all other counties in the greater region. The county with the highest families with no one working in the area is Newton County which depicts a families with no worker of 25.3% (18.7% larger).

Leake County Poverty Charts

The next section details economy analysis about poverty for residents of the Leake County community. This performance can be enhanced by government programs such as economic opportunity zone to influence manufacturing, job growth, economic opportunity an hopefully lead to economic recovery after the recent Covid 19 recession. In Figure 23 the total number of people earning less than the poverty level are shown. Leake County depicts it has a Total In Poverty of 5,824 which is in the mid range of other counties in the area. The county with the highest total people earning less than the poverty level in the area is Madison County which depicts a total people earning less than the poverty level of 9,883 (69.7% larger).

In Figure 24 the percentage of people earning less than the poverty level is shown and compared across the group of places. Leake County shows it has a Percent of Population In Poverty of 26.4% which is the second most percent of people earning less than the poverty level of all the counties in the greater Leake County region. The county with the highest percent of people earning less than the poverty level in the area is Attala County which shows a percent of people in poverty of 26.7% ( only slightly larger).

In Figure 25 people who are in poverty are broken out by age group. Leake County has the largest proportion of person in poverty under 12 years at 18% of the total and is ranked #1. Second, it has the smallest proportion of person in poverty 12 to 17 years at 18% of the total.

The next chart, Figure 26, shows the percentage of people in poverty by racial group. Leake County has one of the largest proportions of black poverty rate at 47% of the total and is ranked #2. The only larger county being Newton County with 62%. Second, it has the largest proportion of hawaiian poverty rate at 74% of the total and is ranked #1.

Figure 27 shows key poverty statistics for groups based on marriage status. Leake County has one of the largest proportions of unmarried female with children and in poverty at 62% of the total and is ranked #2. The only larger county being Attala County with 71%. Additionally, Figure 30 looks at the percentage of people who receive some form of public assistance including general assistance, temporary assistance or food stamps (i.e. SNAP.) Leake County depicts it has a Public Assistance Percent of 15.0% which is in the mid range of other counties in the greater region. The county with the highest households with public assistance in the area is Winston County which depicts a households with public assistance of 24.5% (64.1% larger).

Figure 31 shows the "Gini Index of Income Inequality" with a range from zero (perfect equality) to one (perfect inequality). Leake County depicts it has a Gini Index of 49.2% which is in the center range of other counties in the surrounding region.

Leake County Work Commute Charts

In Figure 35 is shown a frequency distribution of the time that people leave for work. Leake County has the largest proportion of people who leave for work between 6am to 630am at 15% of the total and is ranked #1. Second, it has the smallest proportion of people who leave for work between 630 am to 7am at 13% of the total. Third, it has the smallest proportion of people who leave for work between 9am to 10am at 0% of the total. Also, it has the smallest proportion of people who leave for work between 10am to 11am at 0% of the total.

The next graph in Figure 36 shows the average number of minutes that it takes for people to commute to work. Leake County has the percentage of people with commute time of less than 5 minutesutes less than most other counties in the local area at 9% of the total. Second, it has one of the largest proportions of people with commute time between 5 to 9 minutes at 16% of the total and is ranked #2. The only larger county being Neshoba County with 18%. Third, it has the smallest proportion of people with commute time between 10 to 14 minutes at 10% of the total.

The average commute time is shown in Figure 37. Leake County shows it has a Avg Commute Time of 29 which is the second most average commute time of all the counties in the greater Leake County region. Figure 38 shows the difference between male versus female commuting time. Leake County shows average commute time in minutes for men 46.1% larger as the average commute time in minutes for women. Figure 40 shows the total number of vehicles available for transportation and Leake County has one of the largest proportions of no vehicle available at 26% of the total and is ranked #2. The only larger county being Neshoba County with 26%. Second, it has the second smallest as measured by no vehicle available of all the other counties in the surrounding region in order of 1 vehicle available at 34% of the total. Third, it has the smallest proportion of 2 vehicles available at 20% of the total. Also, it has the largest proportion of 3 vehicles available at 14% of the total and is ranked #1. In addition, it has the second smallest as measured by no vehicle available of all the other counties in the greater region when ranked by 4 vehicles available at 3% of the total. Figure 41 shows the percentage of people who both work and live in the same city (town or place.) Leake County depicts it has a Work in city or place where live of 29% which is the second smallest when sorted by people who both work and live in the same city of all the other counties in the local area. The county with the highest people who both work and live in the same city in the area is Winston County which shows a people who both work and live in the same city of 54% (about twice as large). Comparing people who both work and live in the same city to the United States average of 42%, Leake County is approximately three-fourths the size. Also, measured against the state of Mississippi, people who both work and live in the same city of 42%, Leake County is approximately three-fourths the size.

Leake County Jobs Charts

The next to charts break out the median earnings for major job categories for men and women. Figure 46 shows the median earnings of men for the job categories. Leake County shows it has the hightest median earnings of $72,792 for the management, business, and financial occupations group. Similarly, Figure 47 shows the median earnings of women for the job categories and Leake County depicts it has the hightest median earnings of $52,227 for the earnings-healthcare practitioners and tech occupations classification. The table in Figure 48, shows Leake County employment data in terms of job categories and salary data.

Leake County Self Employment Charts

Figure 49 shows economic activity in terms of the number of people who are self employed in incorporated local business by industry. Leake County depicts it has the hightest entrepreneurs of 41% for the self employed in sales and office related businesses classification.

Similar to the last chart is Figure 50 which shows the number of people who are self employed but in more detailed industry categories such as manufacturing, retail sales, residential real estate, commercial real estate, health care, exports/imports, and advanced industries, etc. Leake County depicts it has the hightest entrepreneurs of 41% for the self employed in retail trade aggregate.

In Figure 51 the average annual self employment/entrepreneur income is shown. Leake County shows it has a Self Employment Income of $41,437 which is in the mid range of other counties in the local area. The county with the highest average annual self employment income in the area is Attala County which depicts an average annual self employment income of $46,805 (13.0% larger). Comparing average annual self employment income to the United States average of $39,154, Leake County is only about 5.8% larger. Also, compared with the state of Mississippi, average annual self employment income of $33,578, Leake County is 23.4% larger.

Figure 52 shows the difference between the number of self employed men and self employed women (i.e. entrepreneurs.) Leake County depicts total number of self-employed men about twice as large as the total number of self-employed women.