Fannin County, Georgia Income Statistics
Fannin County Wealth Score
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.
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D
Fannin County Well below averageWealthier than 70% of counties in Georgia
Source: Map AI Methodology
Income Statistics Overview
| Metric | Fannin County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,441 | $77,523 | $80,455 |
| Median Personal Income | $47,335 | $55,999 | $60,758 |
| Average Yearly Income Growth | 5.3% | 5.3% | 4.8% |
| Six-Figure Earners | 9.6% | 12.4% | 13.9% |
| $200k+ Households | 6.9% | 11.9% | 13.2% |
The median household income in Fannin County is about 25% lower than in Georgia. Income has been growing slower in Fannin County (5.3%/yr) than in Georgia (5.3%/yr).
About 10% of adults in Fannin County earn six figures ($100,000 or more) a year, lower than the Georgia average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Fannin County, Georgia grew by 58.5% from 2009 to 2024, reaching $58,441 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Fannin County
| Metric | Fannin County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.555 | 0.561 | 0.552 |
| Male Median Income | $60,007 | $65,087 | $69,667 |
| Female Median Income | $38,122 | $53,213 | $56,850 |
| Gender Pay Gap | 36.5% | 18.2% | 18.4% |
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 Fannin County, it is 0.555, lower than Georgia's 0.561, so income is more evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 57% more than women's income in Fannin County, Georgia. Over a 35-year career, a 57% wage gap accumulates to roughly $765,975 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Fannin County, Georgia has widened from about 17% to 36% in 2024. Over that period the gap was narrowest at 15% in 2018. In dollar terms, the gap has widened by $16,141 since 2009.
Sharply against the trend: the pay gap in Fannin County widened by 19.9 points while Georgia's narrowed by 2.7 points.
Employment
| Metric | Fannin County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.7% | 5.1% | 5.2% |
| Working from Home | 11.5% | 15.9% | 15.0% |
| Commute time (minutes) | 18 | 23 | 22 |
Approximately 415 people are unemployed in Fannin County, Georgia.
The average commute time in Fannin County is 18 minutes, shorter than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Fannin County, Georgia has fallen from 12.4% to 3.7% in 2024. Over that period the rate peaked at 15.0% in 2013.
Fannin County, GA Wealth Compared With Nearby Counties
Fannin County, GA is typical in size for this group, 25,731 residents against a local median of 29,563, so the measures below are close to a like for like comparison. Where Fannin County, GA breaks from the counties next to it is unemployment, sitting 22% above the local median of 3.0% at 3.7%. That is the weaker end of the local range on this measure.
The counties themselves spread 2.6% on unemployment, so Fannin County, GA sits at one end of an already wide local range rather than apart from it. Fannin County, GA has the 4th lowest unemployment of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Fannin County, GA | 25,731 | $58,441 #5/6 | 5.3%/yr #4/6 | 3.7% #4/6 | 0.555 #5/6 |
| Gilmer County, GA | 32,422 | $74,528 | 7.0%/yr | 2.7% | 0.539 |
| Polk County, TN | 17,897 | $62,323 | 5.1%/yr | 5.3% | 0.556 |
| Union County, GA | 26,304 | $68,463 | 6.4%/yr | 2.6% | 0.524 |
| Cherokee County, NC | 29,563 | $54,386 | 5.6%/yr | 4.1% | 0.497 |
| Pickens County, GA | 34,951 | $82,532 | 4.7%/yr | 3.0% | 0.534 |
Conclusion
Considering all these factors, Fannin County, Georgia has an overall wealth index grade of D, making it about on par with Georgia, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Fannin County, Georgia.
How Rich Is Fannin County, Georgia?
Fannin 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 $58,441, about 25% lower than the Georgia average of $77,523.
How has median household income changed in Fannin County, Georgia?
Between 2009 and 2024, the median household income in Fannin County, Georgia rose 58%, from $36,875 to $58,441. Over the same years, income here outpaced Georgia as a whole: +58% against +57%.
What was the median household income in Fannin County in 2023?
In 2023, the median household income in Fannin County, Georgia was $58,798, up 4% from $56,674 in 2022. The Georgia median that year was $74,682.
What was the median household income in Fannin County in 2020?
In 2020, the median household income in Fannin County, Georgia was $46,234. By 2024 it had risen 26% to $58,441.
How strong is the job market in Fannin County, Georgia?
Unemployment in Fannin County, Georgia is only 3.7%, well below the Georgia rate of 5.1%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Fannin County, Georgia?
The Gini coefficient in Fannin County is 0.555. 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 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Fannin County, Georgia?
Since 2009, the income gap between men and women in Fannin County, Georgia has widened from about 17% to 36% in 2024. Over that period the gap was narrowest at 15% in 2018. In dollar terms, the gap has widened by $16,141 since 2009.
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