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 | Fulton County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $91,324 | $74,683 | $78,145 |
| Median Personal Income | $78,155 | $57,099 | $61,726 |
| Average income growth | 6.4% | 5.5% | 5.1% |
| Six-Figure Earners | 21.8% | 11.7% | 13.2% |
The median household income in Fulton County is about 22% higher than in Georgia. Income has been growing faster in Fulton County (6.4%/yr) than in Georgia (5.5%/yr).
About 22% of adults in Fulton County 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 Fulton County, Georgia grew by 55.2% from 2009 to 2023, reaching $91,324 in 2023. That's an average of about 6.4% per year.
Economic Inequality in Fulton County | Gender Pay Gap | Gini Coefficient
| Metric | Fulton County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.580 | 0.578 | 0.570 |
| Male Median Income | $89,663 | $62,912 | $67,746 |
| Female Median Income | $67,138 | $50,950 | $54,793 |
| Gender Pay Gap | 25.1% | 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 Fulton County, it is 0.580, about the same as Georgia's 0.578, so income here is about as evenly distributed as there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 34% more than women's income in Fulton County, Georgia. Over a 35-year career, a 34% wage gap accumulates to roughly $788,375 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Fulton County, Georgia has widened from about 21% to 25% in 2023. In dollar terms, the gap has widened by $11,400 since 2009.
Employment
| Metric | Fulton County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.4% | 5.1% | 5.2% |
| Working from Home | 26.1% | 14.2% | 13.4% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 32,425 people are unemployed in Fulton County, Georgia.
The average commute time in Fulton County is 23 minutes, about the same as in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Fulton County, Georgia has fallen from 9.8% to 5.4% in 2023.
Conclusion
Considering all these factors, Fulton County, Georgia has an overall wealth index grade of B, making it somewhat better than Georgia, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Fulton County, Georgia.
How Rich Is Fulton County, Georgia?
Fulton County has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $91,324, about 22% higher than the Georgia average of $74,683.
What is the current median household income in Fulton County, Georgia?
As of 2023, the median household income in Fulton County, Georgia is $91,324.
What was the median household income in Fulton County in 2023?
In 2023, the median household income in Fulton County, Georgia was $91,324.
What was the median household income in Fulton County in 2020?
In 2020, the median household income in Fulton County, Georgia was $72,842.
What is the Gini coefficient in Fulton County, Georgia?
The Gini coefficient in Fulton County is 0.580. 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 Fulton County, Georgia?
Since 2009, the income gap between men and women in Fulton County, Georgia has widened from about 21% to 25% in 2023. In dollar terms, the gap has widened by $11,400 since 2009.