Collins is a city in Mississippi state in USA with a population of 3006 residents.. The poverty rate of Collins is 31.7%, which is 126% higher than national average. The typical household in Collins earns $27550 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 71.7% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Collins are struggling financially. Nearly one in every 1 in every 6 workers in Collins is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Collins, only 73% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Collins remained 16.6%, which is 253% higher than national rate. Nearly 4 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Collins, only 21% of adults have a bachelor's degree and 19% have some college but no degree.

Cost of living in Collins is 0, which is 100% lower than national average. Median home value in Collins is $68600 , which is 70% lower than national average. While median income in Collins remained $27550, which is 59% lower than national average.