Gainesville, Georgia Income Statistics
Gainesville Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
D
Gainesville Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Gainesville | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,466 | $77,523 | $80,455 |
| Median Personal Income | $39,317 | $55,999 | $60,758 |
| Average Yearly Income Growth | 6.0% | 5.3% | 4.8% |
| Six-Figure Earners | 7.3% | 12.4% | 13.9% |
| $200k+ Households | 8.6% | 11.9% | 13.2% |
The median household income in Gainesville is about 13% lower than in Georgia. Income has been growing faster in Gainesville (6.0%/yr) than in Georgia (5.3%/yr).
About 7% of adults in Gainesville 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 Gainesville, Georgia grew by 56.1% from 2009 to 2024, reaching $67,466 in 2024. That's an average of about 6.0% per year.
Income Inequality and the Gender Pay Gap in Gainesville
| Metric | Gainesville | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.554 | 0.561 | 0.552 |
| Male Median Income | $46,976 | $65,087 | $69,667 |
| Female Median Income | $37,531 | $53,213 | $56,850 |
| Gender Pay Gap | 20.1% | 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 Gainesville, it is 0.554, 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 25% more than women's income in Gainesville, Georgia. Over a 35-year career, a 25% wage gap accumulates to roughly $330,575 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Gainesville, Georgia has widened from about 7% to 20% in 2024. Over that period the gap was widest at 21% in 2022. In dollar terms, the gap has widened by $7,405 since 2009.
Sharply against the trend: the pay gap in Gainesville widened by 13.2 points while Georgia's narrowed by 2.7 points.
Employment
| Metric | Gainesville | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.2% | 5.1% | 5.2% |
| Working from Home | 8.0% | 15.9% | 15.0% |
| Commute time (minutes) | 18 | 23 | 22 |
Approximately 884 people are unemployed in Gainesville, Georgia.
The average commute time in Gainesville is 18 minutes, shorter than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Gainesville, Georgia has fallen from 6.9% to 4.2% in 2024. Over that period the rate peaked at 9.4% in 2014 and fell as low as 3.4% in 2019.
Conclusion
Considering all these factors, Gainesville, 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 Gainesville, Georgia.
How Rich Is Gainesville, Georgia?
Gainesville 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 $67,466, about 13% lower than the Georgia average of $77,523.
How fast is household income rising in Gainesville, Georgia?
Between 2009 and 2024, the median household income in Gainesville, Georgia rose 56%, from $43,211 to $67,466. Over the same years, income here kept pace with Georgia as a whole: +56% against +57%.
What was the median household income in Gainesville in 2023?
In 2023, the median household income in Gainesville, Georgia was $64,395, up 2% from $63,416 in 2022. The Georgia median that year was $74,682.
What was the median household income in Gainesville in 2020?
In 2020, the median household income in Gainesville, Georgia was $53,615. By 2024 it had risen 26% to $67,466.
What is the Gini coefficient in Gainesville, Georgia?
The Gini coefficient in Gainesville is 0.554. 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 Gainesville, Georgia?
Since 2009, the income gap between men and women in Gainesville, Georgia has widened from about 7% to 20% in 2024. Over that period the gap was widest at 21% in 2022. In dollar terms, the gap has widened by $7,405 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →