Wealth Index
Least wealthy county 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 | Calhoun County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $54,300 | $74,683 | $78,145 |
| Median Personal Income | $44,564 | $57,099 | $61,726 |
| Average income growth | 10.2% | 5.5% | 5.1% |
| Six-Figure Earners | 2.8% | 11.7% | 13.2% |
The median household income in Calhoun County is about 27% lower than in Georgia. Income has been growing faster in Calhoun County (10.2%/yr) than in Georgia (5.5%/yr).
About 3% of adults in Calhoun 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 Calhoun County, Georgia grew by 92.9% from 2009 to 2023, reaching $54,300 in 2023. That's an average of about 10.2% per year.
Economic Inequality in Calhoun County | Gender Pay Gap | Gini Coefficient
| Metric | Calhoun County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.703 | 0.578 | 0.570 |
| Male Median Income | $43,332 | $62,912 | $67,746 |
| Female Median Income | $45,799 | $50,950 | $54,793 |
| Gender Pay Gap | -5.7% | 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 Calhoun County, it is 0.703, 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.
Women's income is about 6% more than men's income in Calhoun County, Georgia. Over a 35-year career, a 6% wage gap accumulates to roughly $86,345 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Calhoun County, Georgia has narrowed from about 31% to -6% in 2023. In dollar terms, the gap has narrowed by $12,809 since 2009.
Employment
| Metric | Calhoun County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.4% | 5.1% | 5.2% |
| Working from Home | 7.9% | 14.2% | 13.4% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 122 people are unemployed in Calhoun County, Georgia.
The average commute time in Calhoun County is 22 minutes, shorter than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Calhoun County, Georgia has risen from 6.4% to 7.4% in 2023.
Conclusion
Considering all these factors, Calhoun County, Georgia has an overall wealth index grade of F, making it worse than Georgia, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Calhoun County, Georgia.
How Rich Is Calhoun County, Georgia?
Calhoun County has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $54,300, about 27% lower than the Georgia average of $74,683.
What is the current median household income in Calhoun County, Georgia?
As of 2023, the median household income in Calhoun County, Georgia is $54,300.
What was the median household income in Calhoun County in 2023?
In 2023, the median household income in Calhoun County, Georgia was $54,300.
What was the median household income in Calhoun County in 2020?
In 2020, the median household income in Calhoun County, Georgia was $42,385.
What is the Gini coefficient in Calhoun County, Georgia?
The Gini coefficient in Calhoun County is 0.703. 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 Calhoun County, Georgia?
Since 2009, the income gap between men and women in Calhoun County, Georgia has narrowed from about 31% to -6% in 2023. In dollar terms, the gap has narrowed by $12,809 since 2009.