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This Is the Richest Town in Mississippi | Mississippi

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www.thecentersquare.com – By Samuel Stebbins, 24/7 Wall St. via The Center Square – 2023-07-11 08:53:33

With a $23.3 trillion economy – accounting for nearly a quarter of global economic output in 2021 – the United States is the wealthiest country in the world by a wide margin. But despite its economic strength, the U.S. is also home to some of the world’s highest levels of income inequality. According to the World Bank, the wealth gap between the rich and poor in the U.S. is more pronounced than in China, Russia, or any highly developed European country with available data.

The latest available figures from the U.S. Census Bureau show that more than 41 million Americans live below the poverty line, which for a single household, for example, means (in most of the country) living on an annual income of $14,580 or less. Meanwhile, at the other end of the spectrum, nearly 12.5 million American households earn more than $200,000 a year, and over 23% of all income in the U.S. is controlled by the top 5% of households by earnings.

Not only concentrated in the hands of a relative few, wealth is also geographically concentrated in the United States. Across the country, there are communities defined, at least in part, by their affluence – wealthy enclaves where incomes far exceed that of the average American household.

Of all places in Mississippi with populations between 1,000 and 25,000, Pleasant Hill ranks as the wealthiest. The average household income in the town stands at $187,029, about $118,400 more than the statewide average.

All data in this story are five-year estimates from the U.S. Census Bureau’s 2021 American Community Survey. For the purposes of this story, all places covered by the census with populations between 1,000 and 25,000 were considered towns.

 

Richest town by state Avg. household income in town ($) Avg. household income in state ($) Median home value in town ($) Median home value in state ($)
Alabama: Mountain Brook 249,818 76,150 697,800 157,100
Alaska: Steele Creek 151,203 103,258 274,900 282,800
Arizona: Paradise Valley 359,522 89,693 1,778,000 265,600
Arkansas: Goshen 192,359 73,346 447,300 142,100
California: Atherton 539,944 119,149 2,000,000+ 573,200
Colorado: Cherry Hills Village 464,068 107,446 2,000,000+ 397,500
Connecticut: Tokeneke 611,239 120,670 2,000,000+ 286,700
Delaware: Rehoboth Beach 255,755 97,081 1,186,900 269,700
Florida: Palm Beach 332,764 88,267 1,523,100 248,700
Georgia: Druid Hills 209,785 91,082 698,000 206,700
Hawaii: Kaanapali 223,037 113,310 1,317,100 662,100
Idaho: Hidden Spring 180,783 83,777 523,400 266,500
Illinois: Winnetka 417,007 100,719 1,123,700 212,600
Indiana: Meridian Hills 278,878 81,703 554,900 158,500
Iowa: Kent Estates 172,590 84,948 314,700 160,700
Kansas: Mission Hills 444,346 87,033 963,400 164,800
Kentucky: Anchorage 305,118 76,511 707,100 155,100
Louisiana: Des Allemands 139,761 77,025 122,800 174,000
Maine: Falmouth Foreside 204,669 83,914 581,300 212,100
Maryland: Chevy Chase Village 489,515 120,234 1,938,800 338,500
Massachusetts: Dover 432,571 123,174 1,020,700 424,700
Michigan: Orchard Lake Village 355,008 85,727 727,100 172,100
Minnesota: Orono 306,372 102,691 766,700 250,200
Mississippi: Pleasant Hill 187,029 68,636 269,500 133,000
Missouri: Ladue 384,815 83,152 844,700 171,800
Montana: Helena Valley Northeast 142,825 82,237 373,500 263,700
Nebraska: Hickman 119,081 87,815 224,500 174,100
Nevada: Incline Village 198,214 89,562 1,042,700 315,900
New Hampshire: Hanover 184,742 108,061 610,900 288,700
New Jersey: Short Hills 428,352 124,626 1,389,900 355,700
New Mexico: Las Campanas 246,737 74,363 1,075,900 184,800
New York: Brookville 617,173 111,583 2,000,000+ 340,600
North Carolina: Biltmore Forest 317,802 84,888 1,074,500 197,500
North Dakota: Horace 188,255 89,443 378,700 209,900
Ohio: Coldstream 371,209 83,820 623,000 159,900
Oklahoma: Nichols Hills 337,257 78,040 740,200 150,800
Oregon: Dunthorpe 428,601 94,034 1,347,400 362,200
Pennsylvania: Messiah College 390,363 92,849 N/A 197,300
Rhode Island: Charlestown 134,740 97,908 425,700 292,600
South Carolina: Kiawah Island 366,392 81,142 1,442,000 181,800
South Dakota: Dakota Dunes 166,304 83,175 376,900 187,800
Tennessee: Belle Meade 434,848 82,012 1,662,100 193,700
Texas: Hunters Creek Village 477,852 94,115 1,846,200 202,600
Utah: East Basin 281,879 101,412 839,500 339,700
Vermont: Woodstock 127,822 89,820 480,400 240,600
Virginia: Great Falls 353,259 111,013 1,134,900 295,500
Washington: Yarrow Point 410,703 111,431 2,000,000+ 397,600
West Virginia: Shenandoah Junction 169,135 69,436 162,400 128,800
Wisconsin: River Hills 283,369 87,733 637,900 200,400
Wyoming: Hoback 195,161 87,786 930,700 237,900

 

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The Center Square

Denver ICE arrests man previously deported 16 times | Colorado

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www.thecentersquare.com – Elyse Apel – (The Center Square – ) 2025-03-31 12:48:00

(The Center Square) – U.S. Immigration and Customs Enforcement of Denver announced on Sunday that it arrested Ignacio Cruz-Mendoza, a citizen of Mexico who has been removed from the United States, or voluntarily returned to Mexico, 16 times since 2002.

Most recently, Cruz-Mendoza was sentenced for “reckless driving resulting in death” after killing one man and injuring others in a Colorado car accident in June 2024.

Sentenced to just one year in jail in August 2024, Cruz-Mendoza was already being released from Jefferson County’s Detention Center, according to Denver 7. ICE agents made the arrest upon Cruz-Mendoza’s release from jail.

This was just one of a series of arrests of criminal illegal immigrants that ICE Denver reported it made last week.

  • March 25: Arrested Rafael Cabrera-Barron, who has already been removed from the United States twice. Cabrera-Barron has convictions for sex assault on a child and currently has pending charges for burglary, trespass, child abuse and possession of controlled substance.
  • March 25: Arrested Juan Nava-Dominguez. Nava-Dominguez has previous convictions for possession of fentanyl and served 8 years in prison.
  • March 26: Arrested Victor Alonso-Martinez. Alonso-Martinez has convictions for illegal re-entry and aggravated assault with a deadly weapon.
  • March 27: Arrested Gabriel Vergara-Cabanas. Vergara-Cabanas has a criminal history that includes charges for kidnapping, menacing, assault, harassment and sexual-related offenses.
  • March 28: Removed a “Salvadoran criminal alien” wanted for the crimes of aggravated homicide, displacement of individuals, unlawful groupings and aggravated robbery in El Salvador.

This comes as Denver politicians and Colorado Democrats have been outspoken in their disagreement with President Donald Trump’s deportations efforts, as previously reported by The Center Square.

In early March, Denver Mayor Mike Johnston testified before the U.S. House Committee on Oversight and Government Reform regarding his city’s sanctuary city immigration policies.

During testimony, Johnston “defended Denver’s values.”

“As we all heard, he referred to Denver not as a ‘sanctuary’ but as a ‘welcoming’ city, which has opened the floodgates for violent gangs like Tren de Aragua to take over our communities,” Colorado’s Republican members in the U.S. House said a joint statement in response to Johnston’s testimony. “The people of Colorado deserve better… It is time that Colorado Democrats come to the table and repeal sanctuary policies and protect Coloradans.”

Elyse Apel is a reporter for The Center Square covering Colorado and Michigan. A graduate of Hillsdale College, Elyse’s writing has been published in a wide variety of national publications from the Washington Examiner to The American Spectator and The Daily Wire.

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Everyday Economics: Stock market down, stagflation concerns, fragile incomes | National

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www.thecentersquare.com – Orphe Divounguy – (The Center Square – ) 2025-03-31 06:29:00

(The Center Square) – This week’s economic calendar is packed with key reports and influential Fed speeches, set to provide crucial clues amid escalating uncertainty. Recent inflation data have fanned stagflation fears – with core PCE inflation nudging up to 0.4% month-over-month (from 0.3% in January) and the year-over-year rate climbing from 2.7% to 2.8% – raising concerns that rising price pressures might persist even as nominal income growth continues to moderate. Falling inflation-adjusted incomes could hurt the consumer.

Consumer Spending and Income Growth in Question

A $15 billion decline in spending on food services, travel and hotels reveals that households are making tough trade-offs. With the personal savings rate climbing to 4.6% (up from 4.3% in January and 3.3% in December), it’s clear that consumers are building precautionary buffers amid uncertainty.

Manufacturing & Services: The ISM Outlook

The ISM Manufacturing and ISM Services indices will be in focus this week. These surveys, which provide hints about the health of the manufacturing and services sectors through questions on production, new orders, employment, supplier deliveries and inventories, include a Prices Index that has been on the rise. With input costs increasing, rising prices in manufacturing could signal broader inflationary pressures. Furthermore, April 2 – now being touted by the new administration as “liberation day” – is expected to result in higher market volatility.

Employment Report: The Ultimate Wild Card

Perhaps nothing will shake financial markets more than the upcoming BLS employment report. Uncertainty over the current policy climate means businesses will likely continue to hold back on hiring new workers – hiring rates are already at their lowest levels since 2014. Although layoffs have remained somewhat in check, federal government job cuts could begin to show up in upcoming jobs data. Along with falling consumer and business confidence, the report is expected to show a downtick in both employment and wage growth for March.

Looking Ahead

Since the last week of February, the Dow Jones, S&P 500 and Nasdaq Composite have declined by 4.9%, 7%, and 10.8%, respectively. For every dollar of lost market value, consumer spending typically drops by 2 to 5 cents, and with the stock market correction already underway in March, early data suggest that the economy is stalling. Yet, in the midst of these challenges, a slowdown in the growth rate of the labor force means wages are still rising faster than prices. Without further shocks and a larger slowdown in labor demand, the U.S. economy might be able to stave off a recession.

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Helene: Proposal brings back help accessing federal money | North Carolina

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www.thecentersquare.com – Alan Wooten – (The Center Square – ) 2025-03-30 08:01:00

(The Center Square) – Small businesses’ access to federal aid in rebuilding from Hurricane Helene is supported through a North Carolina congressman’s proposal in the House of Representatives.



U.S. Rep. Chuck Edwards, R-N.C.




Helene Small Business Recovery Act, authored by Rep. Chuck Edwards, R-N.C., drew the immediate support when filed last week of Democratic Rep. Don Davis and Republican Reps. Virginia Foxx and David Rouzer, all of North Carolina. The 5th Congressional District of Foxx and 11th of Edwards were significantly hit by the storm six months earlier, and the 7th Congressional District of Rouzer and the 1st of Davis are in the southeastern and eastern regions, respectively, of the state and the most often hit places by hurricanes.

The Helene Small Business Recovery Act clarifies that SBA loans and federal grants, like those that will be offered through the CDBG-DR program, are not duplicative,” Edwards said in a release. “Without this clarification, businesses that took an SBA loan to keep themselves afloat would be prohibited from accessing federal grant money when it becomes available.

“Loans and grants are inherently different, and this bill will allow small business owners access to both federal resources so that western North Carolina, and every small business that makes our mountains such a great place to live, has the resources needed to recover.”

CDBG-DR is the acronym for Community Development Block Grant Disaster Recovery; SBA is an acronym for Small Business Administration.

The Stafford Act doesn’t allow federal agencies to duplicate benefits, and a loan is considered duplicative of a grant. SBA loans must be repaid; CDBG-DR grants are one-time payments to victims that do not have to be repaid.

A sunset passed in 2021 on the Disaster Recovery Reform Act of 2018 that, temporarily, said a loan is not part of a grant, Edwards’ release said.

The American Relief Act aiding in Helene recovery awarded $1.65 billion in disaster block grants to western North Carolina.

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