Wealth Index
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 | Evans | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $129,456 | $74,683 | $78,145 |
| Median Personal Income | $84,449 | $57,099 | $61,726 |
| Average income growth | 4.7% | 5.5% | 5.1% |
| Six-Figure Earners | 21.2% | 11.7% | 13.2% |
The median household income in Evans is about 73% higher than in Georgia. Income has been growing slower in Evans (4.7%/yr) than in Georgia (5.5%/yr).
About 21% of adults in Evans 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 Evans, Georgia grew by 49.2% from 2009 to 2023, reaching $129,456 in 2023. That's an average of about 4.7% per year.
Economic Inequality in Evans | Gender Pay Gap | Gini Coefficient
| Metric | Evans | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.574 | 0.578 | 0.570 |
| Male Median Income | $105,939 | $62,912 | $67,746 |
| Female Median Income | $66,126 | $50,950 | $54,793 |
| Gender Pay Gap | 37.6% | 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 Evans, 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 60% more than women's income in Evans, Georgia. Over a 35-year career, a 60% wage gap accumulates to roughly $1,393,455 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Evans, Georgia has widened from about 37% to 38% in 2023. In dollar terms, the gap has widened by $14,173 since 2009.
Employment
| Metric | Evans | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.0% | 5.1% | 5.2% |
| Working from Home | 8.5% | 14.2% | 13.4% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 862 people are unemployed in Evans, Georgia.
The average commute time in Evans is 23 minutes, about the same as in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Evans, Georgia has risen from 4.8% to 5.0% in 2023.
Conclusion
Considering all these factors, Evans, Georgia has an overall wealth index grade of A, making it notably better than Georgia, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Evans, Georgia.
How Wealthy Is Evans, Georgia?
Evans has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $129,456, about 73% higher than the Georgia average of $74,683.
What is the current median household income in Evans, Georgia?
As of 2023, the median household income in Evans, Georgia is $129,456.
What was the median household income in Evans in 2023?
In 2023, the median household income in Evans, Georgia was $129,456.
What was the median household income in Evans in 2020?
In 2020, the median household income in Evans, Georgia was $110,981.
What is the Gini coefficient in Evans, Georgia?
The Gini coefficient in Evans 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 Evans, Georgia?
Since 2009, the income gap between men and women in Evans, Georgia has widened from about 37% to 38% in 2023. In dollar terms, the gap has widened by $14,173 since 2009.