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Lafayette County, MS

Migration of people and income, 20222023 filing years

At a glance (2023)

Cost of living
87
13% below the U.S. average
Median home value
$260,500
national $303,400
Home prices, 5 years
+44.9%
over the 5 years to 2023
Monthly rent
$1,091
national $1,348
Homeownership
63%
national 65%
Unemployment
2.8%
national 3.6%
Household income
$64,334
national $78,538
Median age
30.9 yrs
national 38.7

Cost of living is the statewide price level for Mississippi (state avg).

The cost of living runs about 13% below the national average. The median home is valued at $260,500 (nominal). Home prices have risen about 45% over the five years to 2023. Median rent is about $1,091 a month. Unemployment averaged 2.8% in 2023 (national 3.6%). Median household income is $64,334. These figures describe all residents, not just tax filers, come from separate sources than the migration data on this page, and do not indicate why anyone moved.

Between the 2022 and 2023 filing years, Lafayette County, MS saw a net gain of 36 tax-filing households and a net gain of 175 individuals. Against a population of about 58,467, that is a net inflow of about 3 per 1,000 residents. On net, the area gained $24.9M in associated adjusted gross income (AGI, nominal dollars). The largest inflow, about 103 households, came from Shelby County; the largest outflow, about 103 households, went to Panola County. In the prior (2022) filing year, the area saw a net gain of 258 individuals. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
+$24.9M
nominal dollars
Net households
+36
tax returns
Net people
+175
exemptions

+3.0 net people per 1,000 residents (population 58,467)

Income (AGI) in and out

Moved in$127.2M
Moved out$102.4M
Net +$24.9M (nominal)
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Lafayette County within Mississippi

Lafayette County is outlined, with arrows tracing its largest moves to and from other Mississippi counties. Hover any county for its figures; click to open it.

Net outNet in(AGI $)
Hover an area to trace its top 5 inbound (in) and outbound (out) moves.
Net income (AGI) that moved in minus out, in nominal dollars (not adjusted for inflation).Net tax returns (filing households) that moved in minus out.Net people per 1,000 residents, so larger and smaller areas compare fairly.
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Where movers came from

  1. 1Shelby County, TN103$7.7M
  2. 2Panola County, MS102$4.8M
  3. 3DeSoto County, MS82$3.4M
  4. 4Yalobusha County, MS77$3.4M
  5. 5Lee County, MS56$3.8M
  6. 6Hinds County, MS44$3.4M
  7. 7Madison County, MS43$6.5M
  8. 8Rankin County, MS37$2.1M
  9. 9Union County, MS37$1.4M
  10. 10Pontotoc County, MS33$1.2M
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Where movers went

  1. 1Panola County, MS103$5.7M
  2. 2Shelby County, TN85$5M
  3. 3DeSoto County, MS85$3.9M
  4. 4Yalobusha County, MS63$3.5M
  5. 5Lee County, MS61$4.1M
  6. 6Davidson County, TN46$2.1M
  7. 7Pontotoc County, MS41$1.9M
  8. 8Rankin County, MS39$1.6M
  9. 9Calhoun County, MS34$1.1M
  10. 10Marshall County, MS34$1.6M
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Churn by county · both directions at once

The biggest two-way exchanges of filing households, 20222023. Moved in and moved out are gross one-way counts; net is the difference. Click a column to sort.

Panola County, MS102103-1-$896K
Shelby County, TN10385+18+$2.7M
DeSoto County, MS8285-3-$533K
Yalobusha County, MS7763+14-$61K
Lee County, MS5661-5-$377K
Madison County, MS4333+10+$4.6M
Rankin County, MS3739-2+$474K
Hinds County, MS4430+14+$2.3M
Pontotoc County, MS3341-8-$662K
Union County, MS3729+8-$163K
Marshall County, MS2834-6-$742K
Calhoun County, MS2734-7-$240K

Counts are filing households (IRS returns), matching the lists above; income is nominal AGI. A dash means the IRS published only one direction of that exchange (small flows are suppressed), so no net is computed.

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Net migration by year

Net 2012–2023: +$196M (+2,170 people)
20122023
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Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012+$9.7M+461
2013+$17.2M+242
2014+$7.4M+43
2015+$14.5M+216
2016+$12.7M+124
2017+$19.4M-8
2018+$14.7M+3
2019+$29.9M+265
2020-$702K-55
2021+$31.3M+446
2022+$15M+258
2023+$24.9M+175
Migration in context

How big is this move, relative to the county?

In the 20222023 filing year, about 175 more people moved into Lafayette County, MS than left (counting tax filers and their dependents) — a net gain of about $24.9M in income (nominal) — in a county of 59,350 people.

Population
59,350
Census 2023 estimate
Net migration rate
+2.9
net people per 1,000 residents
A town of 10,000 would net about +29 people.
Net income per resident
+$419
nominal dollars
+$24.9M total across 59,350 residents.

The rate lets you compare Lafayette County, MS with a countyof any size: it’s the net flow divided by population. The IRS counts tax filers; population counts all residents, so read the rate as a scale indicator, not a literal share of people.

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Components of population change · 2023 (Census)

Where the county’s overall change came from. Census counts all residents; the IRS migration above is one slice of the domestic-migration component.

Births
+558
Deaths
-453
Net domestic migration
+400
Net international migration
+159
Total change
+666

Source: U.S. Census Bureau, Population Estimates Program. Figures are people, not tax filers.

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Income & cost of living

What a dollar is worth here

Prices around Lafayette County, MS run about 13% below the national average. In plain terms: $100 spent here buys about what $115 buys in the average American community. The figures below apply that to income, each compared to the U.S. average of $70,002 per person.

Income per person
$52,663
what people here earn (BEA 2023, nominal)
25% below the U.S. average
Price level
86.8
100 = U.S. average prices (BEA price parity)
everyday costs about 13.2% lower than average
What that income buys
$60,677
local income restated at U.S.-average prices
13% below the U.S. average
Cheaper than U.S. avgU.S. average (100)Pricier

This county isn't in a metro area that BEA prices separately, so cost of living shows the Mississippi (state avg) figure.

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Where the cost comes from · price parity by category

Index where 100 = U.S. average for that category. Housing is usually what separates one place from another.

Housing & rents54.9
Goods94.4
Utilities83.5
Other services97.7

Housing is measured from rents (including an estimated rental value for owner-occupied homes), so a run-up in purchase prices shows here only as it reaches rents. Source: U.S. Bureau of Economic Analysis. Covers all residents, a separate universe from the IRS filer income above. How the data works.

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Who lives here

The people of Lafayette County, MS

American Community Survey, 2019–2023 (a 5-year average of all residents, not just tax filers).

Median age
30.9
years
Median household income
$64,334
per household (ACS 2019–2023, nominal)
18% below the U.S. median
College degree
44%
adults 25+ with a bachelor's or higher
Poverty rate
18.7%
residents below the poverty line
Average commute
22 min
mean travel time to work
Broadband at home
90%
households with any broadband
Race and ethnicity (share of residents)
White 69%Hispanic 4%Black 23%Asian 2%Other 2%

White, Black, and Asian counts are people who are not Hispanic or Latino; Hispanic or Latino can be of any race. Shares are rounded and may not total 100.

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Covers all residents, a separate universe from the IRS filer data. A 5-year estimate is an average over 2019–2023; compare years at least five apart, since consecutive windows overlap. How the data works.

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Housing · what it costs to live here (ACS 2019–2023)

Median home value
$260,500
owner-occupied homes
14% below the U.S. median
Median rent
$1,091
gross rent per month
19% below the U.S. median
Homeownership
63%
of occupied homes are owner-occupied
Home-price appreciation · FHFA index, 2023
Past year
+15.2%
price change, 2022 to 2023
Past 5 years
+45%
price change, 2018 to 2023

A repeat-sales index (how much the same homes changed in price), so it tracks the market over time rather than the current level. Source: Federal Housing Finance Agency, annual all-transactions HPI; the county series is FHFA’s developmental index.

New home construction · building permits, 2023
530new housing units authorized in 2023
Single-family 94%Multifamily 6%

Units authorized by residential building permits (new supply), summed from counties for the state and U.S. Permits are authorizations, not completions. Source: U.S. Census Bureau, Building Permits Survey.

Home value is what owners estimate their homes are worth, not recent sale prices. Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019–2023), nominal dollars. How the data works.

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Local economy & risk

Jobs and natural hazards

Unemployment rate
2.8%
BLS 2023 annual average
Labor force
27,266
26,492 employed
Disaster declarations
major federal, 2023

Sources: U.S. Bureau of Labor Statistics (LAUS) and FEMA. A disaster declaration marks federal assistance eligibility, not damage severity, and says nothing about why anyone moved. How the data works.

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Unemployment now
2.4%
April 2026 · ▬ 0.0 points vs April 2025
January 2024April 2026

Source: U.S. Bureau of Labor Statistics (LAUS). Monthly unemployment for this county, not seasonally adjusted. Updated every month, so it moves faster than the annual average above. How the data works.

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How Lafayette County, MS has voted. Certified returns, popular vote only. This is a separate dataset from the migration figures on this page.

YearDemocraticRepublicanOtherMarginTotal
20248,95614,050403R +21.823,409
202010,07012,949404R +12.323,423
20167,96910,872802R +14.819,643
20128,09111,075339R +15.319,505
20087,99710,278121R +12.418,396
20046,2189,004166R +18.115,388
20005,1397,081458R +15.312,678

Source: MIT Election Data and Science Lab county returns (CC0). Margins are the popular-vote gap as a share of all votes cast.

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