Wealth Index
Less wealthy than 83% 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 | Crisp County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $42,838 | $74,683 | $78,145 |
| Median Personal Income | $41,569 | $57,099 | $61,726 |
| Average income growth | 4.3% | 5.5% | 5.1% |
| Six-Figure Earners | 4.6% | 11.7% | 13.2% |
The median household income in Crisp County is about 43% lower than in Georgia. Income has been growing slower in Crisp County (4.3%/yr) than in Georgia (5.5%/yr).
About 5% of adults in Crisp 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 Crisp County, Georgia grew by 49.5% from 2009 to 2023, reaching $42,838 in 2023. That's an average of about 4.3% per year.
Economic Inequality in Crisp County | Gender Pay Gap | Gini Coefficient
| Metric | Crisp County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.574 | 0.578 | 0.570 |
| Male Median Income | $45,916 | $62,912 | $67,746 |
| Female Median Income | $39,841 | $50,950 | $54,793 |
| Gender Pay Gap | 13.2% | 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 Crisp County, it is 0.574, about the same as Georgia's 0.578, so income here is about as evenly distributed as there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 15% more than women's income in Crisp County, Georgia. Over a 35-year career, a 15% wage gap accumulates to roughly $212,625 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Crisp County, Georgia has narrowed from about 20% to 13% in 2023. In dollar terms, the gap has narrowed by $1,028 since 2009.
Employment
| Metric | Crisp County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.7% | 5.1% | 5.2% |
| Working from Home | 7.6% | 14.2% | 13.4% |
| Commute time (minutes) | 16 | 23 | 22 |
Approximately 780 people are unemployed in Crisp County, Georgia.
The average commute time in Crisp County is 16 minutes, shorter than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Crisp County, Georgia has fallen from 11.8% to 8.7% in 2023.
Conclusion
Considering all these factors, Crisp 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 Crisp County, Georgia.
How Rich Is Crisp County, Georgia?
Crisp 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 $42,838, about 43% lower than the Georgia average of $74,683.
What is the current median household income in Crisp County, Georgia?
As of 2023, the median household income in Crisp County, Georgia is $42,838.
What was the median household income in Crisp County in 2023?
In 2023, the median household income in Crisp County, Georgia was $42,838.
What was the median household income in Crisp County in 2020?
In 2020, the median household income in Crisp County, Georgia was $37,954.
What is the Gini coefficient in Crisp County, Georgia?
The Gini coefficient in Crisp County is 0.574. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Crisp County, Georgia?
Since 2009, the income gap between men and women in Crisp County, Georgia has narrowed from about 20% to 13% in 2023. In dollar terms, the gap has narrowed by $1,028 since 2009.