1st Advantage MortgageAbout 68% of Alcorn County homes are owner-occupied, and the median household income is $51,260. Those figures describe the county, not you: compare at least three written offers by APR and total cost, and confirm the lender's license before you apply.
On this page
- Alcorn County by the numbers
- How much Alcorn County households make
- Employment and commuting in Alcorn County
- Rent, home values and ownership in Alcorn County
- The communities that make up Alcorn County
- Regional comparison for Alcorn County
- Alcorn County residents: age, schooling, coverage
- Borrowing situations common in Alcorn County
- What a median Alcorn County budget can carry
- Checking a lender's license in Mississippi
- Checklist for Alcorn County applicants
- Nearby and statewide guides
- Frequently asked questions
Alcorn County by the numbers
Roughly 34,289 residents live in Alcorn County, Mississippi, 21st by population among the state's 82 counties and county equivalents. It covers 400 square miles of land, or about 86 people per square mile. It sits outside every metropolitan statistical area in the July 2023 OMB delineation. Corinth is the biggest of its 7 Census places, at roughly 14,323 people (42% of the county total).
How much Alcorn County households make
At $51,260, the typical Alcorn County household income is 22% below the median U.S. county ($65,681).
| Households earning | Alcorn County | +/- vs Mississippi |
|---|---|---|
| Under $35,000 | 35.7% | +3.3 pts |
| $35,000 to $99,999 | 42.9% | +1.6 pts |
| $100,000 to $199,999 | 18.5% | -2.1 pts |
| $200,000 or more | 2.9% | -2.8 pts |
Some 36% of households here live on less than $35,000 a year; 21% have six-figure incomes. The poverty rate is 15.8%, 3 points lower than the state's 18.9%. If your income is irregular, as it often is with tips, gig work or seasonal jobs, plan around your leaner months rather than the Alcorn County median.
Employment and commuting in Alcorn County
The biggest employer of Alcorn County residents, by industry, is education and health care at 27% of workers, followed by manufacturing (21%). Manufacturing stands out: 21% of workers here, versus 13% statewide. ACS puts five-year average unemployment at 4.6% in Alcorn County. 10% of commuters travel 45 minutes or more each way, and 3% work from home. Only 9.5% of homes here go without a vehicle.
| Top industries | Alcorn County share | +/- vs Mississippi |
|---|---|---|
| Education and health care | 26.6% | +1.2 pts |
| Manufacturing | 20.8% | +7.9 pts |
| Retail trade | 12.1% | +0.8 pts |
| Arts, lodging and food service | 8.4% | -0.3 pts |
| Professional and administrative services | 6.4% | -1.1 pts |
| Construction | 6.1% | -0.8 pts |
Shorter commutes usually mean lower vehicle costs, which can leave more room for a payment, or for paying a loan off early.
Rent, home values and ownership in Alcorn County
Renters in Alcorn County pay a median of $751 a month, 21% below the Mississippi figure of $954. Rent takes 30% or more of income for 42% of renter households here. Home values center on $142,100, or 2.8 years of median income. The ownership rate is 68%.
| Home costs | Alcorn County | Mississippi | U.S. middle county |
|---|---|---|---|
| Median gross rent | $751/mo | $954/mo | $877/mo |
| Median home value | $142,100 | $169,800 | $185,300 |
| Owners | 68% | 70% | 75% |
| Rent-burdened renters | 42% | 51% | 45% |
| Burdened owners | 23% | 26% | n/a |
| Mobile homes | 16.9% | 14.4% | n/a |
| Vacant units | 11% | 15% | n/a |
The communities that make up Alcorn County
The table lists the 7 largest of 7 Census places in Alcorn County, by population. Together all 7 hold about 17,826 people, so roughly 48% of residents live outside any named place. None of the 7 has its own city guide, so this page covers all of them.
| Place in county | Status | Population (ACS) | Median HH income | Monthly rent | Distance from center |
|---|---|---|---|---|---|
| Corinth | city | 14,323 | $44,226 | $601 | 6 mi |
| Farmington | town | 2,312 | $57,151 | $836 | 8 mi |
| Glen | town | 401 | $60,227 | $731 | 9 mi |
| Rienzi | town | 318 | $44,583 | n/a | 9 mi |
| Kossuth | village | 223 | $104,659 | $1,000 | 4 mi |
| Jacinto | CDP | 167 | n/a | n/a | 12 mi |
| Biggersville | CDP | 82 | $30,845 | n/a | 4 mi |
Regional comparison for Alcorn County
The six counties whose centers lie closest to Alcorn County's, from 19 to 33 miles away. 3 of the six report a higher median household income than Alcorn County; McNairy County is highest at $53,473 and Hardeman County lowest at $46,069. The list crosses into Tennessee, where different lending rules and regulators apply.
| County | Distance | Median income | Median rent | Owners |
|---|---|---|---|---|
| Alcorn County | - | $51,260 | $751/mo | 68% |
| Prentiss County, MS | 19 mi | $49,724 | $637/mo | 78% |
| McNairy County, TN | 20 mi | $53,473 | $723/mo | 80% |
| Tippah County, MS | 21 mi | $52,542 | $790/mo | 75% |
| Tishomingo County, MS | 22 mi | $53,040 | $682/mo | 80% |
| Hardin County, TN | 31 mi | $49,956 | $775/mo | 78% |
| Hardeman County, TN | 33 mi | $46,069 | $812/mo | 72% |
Alcorn County residents: age, schooling, coverage
19% of Alcorn County adults 25 and older hold a bachelor's degree or more. 10.9% of residents have no health coverage.
| People and households | Alcorn County | Mississippi | Median county |
|---|---|---|---|
| Median age | 40.0 | 38.6 | 41.5 |
| Bachelor's or higher | 18.6% | 25.1% | 22.2% |
| No high school diploma | 15.0% | 12.9% | n/a |
| No health insurance | 10.9% | 11.0% | 7.8% |
| No vehicle | 9.5% | 6.3% | 5.4% |
| Work from home | 3.3% | 5.9% | 8.7% |
| Poverty rate | 15.8% | 18.9% | 13.2% |
| Unemployment (ACS) | 4.6% | 5.8% | 4.4% |
| Commute length | Alcorn County |
|---|---|
| Under 15 min | 36.2% |
| 15 to 29 min | 39.3% |
| 30 to 44 min | 14.4% |
| 45 to 59 min | 3.6% |
| 60+ min | 6.5% |
Borrowing situations common in Alcorn County
Based on the Alcorn County data above, these borrowing questions are most likely to matter locally.
- Health costs. With 11% of the county uninsured, an interest-free hospital payment plan usually beats a loan (medical bills).
- Repairs on manufactured housing. With 17% of homes here, compare a personal loan with any dealer or park repair program.
- Credit reports. Pull free reports at AnnualCreditReport.com and dispute errors before applying.
What a median Alcorn County budget can carry
How much room does a median Alcorn County budget have? Take median income, subtract median rent, and check what is left under a few common debt-to-income limits.
- $51,260 a year is $4,272 of gross monthly income
- Rent at the median, $751, takes 18% of that
- Under a 36% cap, $1,538 total minus rent leaves $787
- Under a 43% cap, $1,837 total minus rent leaves $1,086
Subtract what you already pay on other debts. A new payment should fit in what remains, with some to spare.
Checking a lender's license in Mississippi
Alcorn County borrowers fall under statewide rules, enforced by the Mississippi Department of Banking and Consumer Finance. Problems with a lender can also go to the CFPB. See the Mississippi state guide for the statewide picture.
Checklist for Alcorn County applicants
Quick steps for Alcorn County:
- Write down what the expense costs; a smaller loan costs less.
- Shop at least three lenders, including one Alcorn County-area credit union.
- Verify the Mississippi license before giving out your Social Security number.
- Never pay a fee up front to get a loan.
Nearby and statewide guides
For statewide rules and data, see the Mississippi guide.
Frequently asked questions
Is Alcorn County a high-income county?
Its $51,260 median ranks 34th of 82 Mississippi counties and compares with $65,681 for the median U.S. county.
How does Alcorn County rent compare with Mississippi?
$751 locally versus $954 for the state, 21% below.
What are the biggest places in Alcorn County?
By population: Corinth, Farmington, Glen, Rienzi, Kossuth. The county has 7 Census places in all.
Are Alcorn County applicants treated differently?
No. Everyone answers the same questions and is screened on the same objective points; lending partners set their own criteria under fair-lending laws.
Is there a Alcorn County office that licenses lenders?
No, licensing is statewide. In Mississippi it is the Mississippi Department of Banking and Consumer Finance.