Wealth Index
Less wealthy than 84% 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 | Dooly County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $56,995 | $74,683 | $78,145 |
| Median Personal Income | $44,371 | $57,099 | $61,726 |
| Average income growth | 8.9% | 5.5% | 5.1% |
| Six-Figure Earners | 5.4% | 11.7% | 13.2% |
The median household income in Dooly County is about 24% lower than in Georgia. Income has been growing faster in Dooly County (8.9%/yr) than in Georgia (5.5%/yr).
About 5% of adults in Dooly 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 Dooly County, Georgia grew by 88.2% from 2009 to 2023, reaching $56,995 in 2023. That's an average of about 8.9% per year.
Economic Inequality in Dooly County | Gender Pay Gap | Gini Coefficient
| Metric | Dooly County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.600 | 0.578 | 0.570 |
| Male Median Income | $49,422 | $62,912 | $67,746 |
| Female Median Income | $38,540 | $50,950 | $54,793 |
| Gender Pay Gap | 22.0% | 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 Dooly County, it is 0.600, 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 28% more than women's income in Dooly County, Georgia. Over a 35-year career, a 28% wage gap accumulates to roughly $380,870 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Dooly County, Georgia has narrowed from about 31% to 22% in 2023. In dollar terms, the gap has narrowed by $791 since 2009.
Employment
| Metric | Dooly County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.7% | 5.1% | 5.2% |
| Working from Home | 5.7% | 14.2% | 13.4% |
| Commute time (minutes) | 18 | 23 | 22 |
Approximately 246 people are unemployed in Dooly County, Georgia.
The average commute time in Dooly County is 18 minutes, shorter than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Dooly County, Georgia has fallen from 9.7% to 5.7% in 2023.
Conclusion
Considering all these factors, Dooly 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 Dooly County, Georgia.
How Rich Is Dooly County, Georgia?
Dooly 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 $56,995, about 24% lower than the Georgia average of $74,683.
What is the current median household income in Dooly County, Georgia?
As of 2023, the median household income in Dooly County, Georgia is $56,995.
What was the median household income in Dooly County in 2023?
In 2023, the median household income in Dooly County, Georgia was $56,995.
What was the median household income in Dooly County in 2020?
In 2020, the median household income in Dooly County, Georgia was $47,485.
What is the Gini coefficient in Dooly County, Georgia?
The Gini coefficient in Dooly County is 0.600. 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 Dooly County, Georgia?
Since 2009, the income gap between men and women in Dooly County, Georgia has narrowed from about 31% to 22% in 2023. In dollar terms, the gap has narrowed by $791 since 2009.