Wealth Index
Wealthier than 94% 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 | Coweta County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $93,422 | $74,683 | $78,145 |
| Median Personal Income | $63,584 | $57,099 | $61,726 |
| Average income growth | 5.2% | 5.5% | 5.1% |
| Six-Figure Earners | 15.4% | 11.7% | 13.2% |
The median household income in Coweta County is about 25% higher than in Georgia. Income has been growing slower in Coweta County (5.2%/yr) than in Georgia (5.5%/yr).
About 15% of adults in Coweta County earn six figures ($100,000 or more) a year, higher than the Georgia average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Coweta County, Georgia grew by 51.1% from 2009 to 2023, reaching $93,422 in 2023. That's an average of about 5.2% per year.
Economic Inequality in Coweta County | Gender Pay Gap | Gini Coefficient
| Metric | Coweta County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.560 | 0.578 | 0.570 |
| Male Median Income | $74,163 | $62,912 | $67,746 |
| Female Median Income | $55,695 | $50,950 | $54,793 |
| Gender Pay Gap | 24.9% | 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 Coweta County, it is 0.560, lower than Georgia's 0.578, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 33% more than women's income in Coweta County, Georgia. Over a 35-year career, a 33% wage gap accumulates to roughly $646,380 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Coweta County, Georgia has narrowed from about 29% to 25% in 2023. In dollar terms, the gap has widened by $3,403 since 2009.
Employment
| Metric | Coweta County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.8% | 5.1% | 5.2% |
| Working from Home | 12.7% | 14.2% | 13.4% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 2,138 people are unemployed in Coweta County, Georgia.
The average commute time in Coweta County is 27 minutes, longer than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Coweta County, Georgia has fallen from 6.9% to 2.8% in 2023.
Conclusion
Considering all these factors, Coweta County, Georgia has an overall wealth index grade of B, making it somewhat better than Georgia, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Coweta County, Georgia.
How Rich Is Coweta County, Georgia?
Coweta County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $93,422, about 25% higher than the Georgia average of $74,683.
What is the current median household income in Coweta County, Georgia?
As of 2023, the median household income in Coweta County, Georgia is $93,422.
What was the median household income in Coweta County in 2023?
In 2023, the median household income in Coweta County, Georgia was $93,422.
What was the median household income in Coweta County in 2020?
In 2020, the median household income in Coweta County, Georgia was $80,447.
What is the Gini coefficient in Coweta County, Georgia?
The Gini coefficient in Coweta County is 0.560. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Coweta County, Georgia?
Since 2009, the income gap between men and women in Coweta County, Georgia has narrowed from about 29% to 25% in 2023. In dollar terms, the gap has widened by $3,403 since 2009.