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 | Gordon County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,719 | $74,683 | $78,145 |
| Median Personal Income | $50,761 | $57,099 | $61,726 |
| Average income growth | 6.2% | 5.5% | 5.1% |
| Six-Figure Earners | 7.0% | 11.7% | 13.2% |
The median household income in Gordon County is about 16% lower than in Georgia. Income has been growing faster in Gordon County (6.2%/yr) than in Georgia (5.5%/yr).
About 7% of adults in Gordon County earn six figures ($100,000 or more) a year, lower than the Georgia average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Gordon County, Georgia grew by 55.8% from 2009 to 2023, reaching $62,719 in 2023. That's an average of about 6.2% per year.
Economic Inequality in Gordon County | Gender Pay Gap | Gini Coefficient
| Metric | Gordon County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.542 | 0.578 | 0.570 |
| Male Median Income | $54,943 | $62,912 | $67,746 |
| Female Median Income | $46,264 | $50,950 | $54,793 |
| Gender Pay Gap | 15.8% | 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 Gordon County, it is 0.542, lower than Georgia's 0.578, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Men's income is about 19% more than women's income in Gordon County, Georgia. Over a 35-year career, a 19% wage gap accumulates to roughly $303,765 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Gordon County, Georgia has narrowed from about 21% to 16% in 2023. In dollar terms, the gap has widened by $937 since 2009.
Employment
| Metric | Gordon County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.6% | 5.1% | 5.2% |
| Working from Home | 7.6% | 14.2% | 13.4% |
| Commute time (minutes) | 20 | 23 | 22 |
Approximately 1,009 people are unemployed in Gordon County, Georgia.
The average commute time in Gordon County is 20 minutes, shorter than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Gordon County, Georgia has fallen from 8.9% to 3.6% in 2023.
Conclusion
Considering all these factors, Gordon 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 Gordon County, Georgia.
How Rich Is Gordon County, Georgia?
Gordon 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 $62,719, about 16% lower than the Georgia average of $74,683.
What is the current median household income in Gordon County, Georgia?
As of 2023, the median household income in Gordon County, Georgia is $62,719.
What was the median household income in Gordon County in 2023?
In 2023, the median household income in Gordon County, Georgia was $62,719.
What was the median household income in Gordon County in 2020?
In 2020, the median household income in Gordon County, Georgia was $48,303.
What is the Gini coefficient in Gordon County, Georgia?
The Gini coefficient in Gordon County is 0.542. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Gordon County, Georgia?
Since 2009, the income gap between men and women in Gordon County, Georgia has narrowed from about 21% to 16% in 2023. In dollar terms, the gap has widened by $937 since 2009.