Wealth Index
Less wealthy than 81% of counties in Georgia
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Baldwin County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $55,605 | $74,683 | $78,145 |
| Median Personal Income | $48,928 | $57,099 | $61,726 |
| Average income growth | 7.0% | 5.5% | 5.1% |
| Six-Figure Earners | 5.8% | 11.7% | 13.2% |
The median household income in Baldwin County is about 26% lower than in Georgia. Income has been growing faster in Baldwin County (7.0%/yr) than in Georgia (5.5%/yr).
About 6% of adults in Baldwin County earn six figures ($100,000 or more) a year, lower than the Georgia average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Baldwin County, Georgia grew by 46.4% from 2009 to 2023, reaching $55,605 in 2023. That's an average of about 7.0% per year.
Economic Inequality in Baldwin County | Gender Pay Gap | Gini Coefficient
| Metric | Baldwin County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.591 | 0.578 | 0.570 |
| Male Median Income | $57,658 | $62,912 | $67,746 |
| Female Median Income | $39,024 | $50,950 | $54,793 |
| Gender Pay Gap | 32.3% | 19.0% | 19.1% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Baldwin County, it is 0.591, higher than Georgia's 0.578, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 48% more than women's income in Baldwin County, Georgia. Over a 35-year career, a 48% wage gap accumulates to roughly $652,190 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Baldwin County, Georgia has widened from about 19% to 32% in 2023. In dollar terms, the gap has widened by $11,907 since 2009.
Employment
| Metric | Baldwin County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.5% | 5.1% | 5.2% |
| Working from Home | 6.6% | 14.2% | 13.4% |
| Commute time (minutes) | 18 | 23 | 22 |
Approximately 956 people are unemployed in Baldwin County, Georgia.
The average commute time in Baldwin County is 18 minutes, shorter than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Baldwin County, Georgia has fallen from 9.0% to 5.5% in 2023.
Conclusion
Considering all these factors, Baldwin County, Georgia has an overall wealth index grade of D, making it somewhat worse than Georgia, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Baldwin County, Georgia.
How Rich Is Baldwin County, Georgia?
Baldwin County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $55,605, about 26% lower than the Georgia average of $74,683.
What is the current median household income in Baldwin County, Georgia?
As of 2023, the median household income in Baldwin County, Georgia is $55,605.
What was the median household income in Baldwin County in 2023?
In 2023, the median household income in Baldwin County, Georgia was $55,605.
What was the median household income in Baldwin County in 2020?
In 2020, the median household income in Baldwin County, Georgia was $45,766.
What is the Gini coefficient in Baldwin County, Georgia?
The Gini coefficient in Baldwin County is 0.591. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Baldwin County, Georgia?
Since 2009, the income gap between men and women in Baldwin County, Georgia has widened from about 19% to 32% in 2023. In dollar terms, the gap has widened by $11,907 since 2009.