Okolona, MS Profile: Facts & Data

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Okolona, Mississippi - Basic Facts

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The City of Okolona had a population of 2,655 as of July 1, 2021.

The primary coordinate point for Okolona is located at latitude 34.0018 and longitude -88.7553 in Chickasaw County. The formal boundaries for the City of Okolona encompass a land area of 7.18 sq. miles and a water area of 0.02 sq. miles. Chickasaw County is in the Central time zone (GMT -6). The elevation is 335 feet.

The City of Okolona has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Okolona is located within Supervisor District 4, a minor civil division (MCD) of Chickasaw County.

Alternate Unofficial Names for Okolona: Rose Hill.

Jump to... (On This Page!)
  1. Okolona 2021 Demographic Data
  2. Growth Rates for Okolona (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Mississippi Research Tools (Easy Tools & Current Data)
  3. Mississippi Data Comparison Tool - 2021 Demographics
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Okolona, MS Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 2,655 (100%)
Population in Households 2,504 (94.3%)
Population in Families 1,968 (74.1%)
Population in Group Quarters1 151 ( 5.7%)
Population Density 370
Diversity Index2 45
 
 

INCOME

Median Household Income $25,915
Average Household Income $41,492
% of Income for Mortgage4 12%
Per Capita Income $15,991
Wealth Index5 32
 

HOUSING

Total HU (Housing Units) 1,229 (100%)
Owner Occupied HU 602 (49.0%)
Renter Occupied HU 424 (34.5%)
Vacant Housing Units 203 (16.5%)
Median Home Value $72,331
Average Home Value $96,963
Housing Affordability Index3 206
 

HOUSEHOLDS

Total Households 1,026
Average Household Size 2.44
Family Households 631
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2021 2021-2026
Population -0.15% -0.4%
Households -0.48% -0.43%
Families -0.62% -0.64%
Median Household Income   0.68%
Per Capita Income   1.08%
Owner Occupied HU   -0.27%

Okolona, MS - Peer Comparisons by Rank and Percentile

The table below compares Okolona to the other 362 incorporated cities, towns and CDPs in Mississippi by rank and percentile using July 1, 2021 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 101 72nd
Population Density # 228 37th
Median Household Income # 328 10th
Housing Affordability Index # 155 43rd
Per Capita Income # 294 19th
Diversity Index # 196 46th

Additional comparisons and rankings can be made with a VERY EASY TO USE Mississippi Census Data Comparison Tool.

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