Floyd County, Georgia Income Statistics
Floyd 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
Floyd County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Floyd County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $65,737 | $77,523 | $80,455 |
| Median Personal Income | $46,165 | $55,999 | $60,758 |
| Average Yearly Income Growth | 5.3% | 5.3% | 4.8% |
| Six-Figure Earners | 8.2% | 12.4% | 13.9% |
| $200k+ Households | 6.6% | 11.9% | 13.2% |
The median household income in Floyd County is about 15% lower than in Georgia. Income has been growing faster in Floyd County (5.3%/yr) than in Georgia (5.3%/yr).
About 8% of adults in Floyd 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 Floyd County, Georgia grew by 57.4% from 2009 to 2024, reaching $65,737 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Floyd County
| Metric | Floyd County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.560 | 0.561 | 0.552 |
| Male Median Income | $54,969 | $65,087 | $69,667 |
| Female Median Income | $42,736 | $53,213 | $56,850 |
| Gender Pay Gap | 22.3% | 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 Floyd County, it is 0.560, about the same as Georgia's 0.561, so income here is about as evenly distributed as there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 29% more than women's income in Floyd County, Georgia. Over a 35-year career, a 29% wage gap accumulates to roughly $428,155 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Floyd County, Georgia has narrowed from about 26% to 22% in 2024. Over that period the gap was widest at 27% in 2010, and was narrowest at 15% in 2017. In dollar terms, the gap has widened by $1,775 since 2009.
Employment
| Metric | Floyd County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.2% | 5.1% | 5.2% |
| Working from Home | 7.5% | 15.9% | 15.0% |
| Commute time (minutes) | 20 | 23 | 22 |
Approximately 1,992 people are unemployed in Floyd County, Georgia.
The average commute time in Floyd County is 20 minutes, shorter than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Floyd County, Georgia has fallen from 10.4% to 4.2% in 2024. Over that period the rate peaked at 12.6% in 2013 and fell as low as 4.1% in 2022.
Floyd County, GA Wealth Compared With Nearby Counties
Floyd County, GA is the 2nd largest of the 6 counties compared here, 99,681 residents against a local median of 43,785. Nothing separates Floyd County, GA sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is median household income, 13% above the local median at $65,737 against $58,171. Floyd County, GA has the 2nd highest median household income 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. |
|---|---|---|---|---|---|
| Floyd County, GA | 99,681 | $65,737 #2/6 | 5.3%/yr #3/6 | 4.2% #3/6 | 0.560 #6/6 |
| Chattooga County, GA | 25,036 | $50,365 | 4.7%/yr | 5.4% | 0.557 |
| Polk County, GA | 43,785 | $58,171 | 5.0%/yr | 5.9% | 0.545 |
| Bartow County, GA | 113,109 | $82,781 | 6.4%/yr | 4.7% | 0.537 |
| Cherokee County, AL | 25,443 | $55,406 | 4.5%/yr | 3.9% | 0.542 |
| Gordon County, GA | 59,100 | $64,320 | 5.7%/yr | 3.7% | 0.554 |
Conclusion
Considering all these factors, Floyd 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 Floyd County, Georgia.
How Rich Is Floyd County, Georgia?
Floyd 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 $65,737, about 15% lower than the Georgia average of $77,523.
How has median household income changed in Floyd County, Georgia?
Between 2009 and 2024, the median household income in Floyd County, Georgia rose 57%, from $41,760 to $65,737. Over the same years, income here kept pace with Georgia as a whole: +57% against +57%.
What was the median household income in Floyd County in 2023?
In 2023, the median household income in Floyd County, Georgia was $62,255, up 7% from $58,248 in 2022. The Georgia median that year was $74,682.
What was the median household income in Floyd County in 2020?
In 2020, the median household income in Floyd County, Georgia was $50,634. By 2024 it had risen 30% to $65,737.
What is the Gini coefficient in Floyd County, Georgia?
The Gini coefficient in Floyd 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 higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Floyd County, Georgia?
Since 2009, the income gap between men and women in Floyd County, Georgia has narrowed from about 26% to 22% in 2024. Over that period the gap was widest at 27% in 2010, and was narrowest at 15% in 2017. In dollar terms, the gap has widened by $1,775 since 2009.
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