Wealth Index
Wealthier than 91% of counties in Georgia
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 | Gwinnett County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $86,070 | $74,683 | $78,145 |
| Median Personal Income | $57,038 | $57,099 | $61,726 |
| Average income growth | 4.7% | 5.5% | 5.1% |
| Six-Figure Earners | 11.8% | 11.7% | 13.2% |
The median household income in Gwinnett County is about 15% higher than in Georgia. Income has been growing slower in Gwinnett County (4.7%/yr) than in Georgia (5.5%/yr).
About 12% of adults in Gwinnett County earn six figures ($100,000 or more) a year, about the same as the Georgia average of 12%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Gwinnett County, Georgia grew by 31.9% from 2009 to 2023, reaching $86,070 in 2023. That's an average of about 4.7% per year.
Economic Inequality in Gwinnett County | Gender Pay Gap | Gini Coefficient
| Metric | Gwinnett County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.573 | 0.578 | 0.570 |
| Male Median Income | $60,312 | $62,912 | $67,746 |
| Female Median Income | $53,232 | $50,950 | $54,793 |
| Gender Pay Gap | 11.7% | 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 Gwinnett County, it is 0.573, lower than Georgia's 0.578, so income is more evenly distributed here than there, and about the same as the US's 0.570, so income here is about as evenly distributed as there.
Men's income is about 13% more than women's income in Gwinnett County, Georgia. Over a 35-year career, a 13% wage gap accumulates to roughly $247,800 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Gwinnett County, Georgia has narrowed from about 20% to 12% in 2023. In dollar terms, the gap has narrowed by $3,281 since 2009.
Employment
| Metric | Gwinnett County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.1% | 5.1% | 5.2% |
| Working from Home | 16.5% | 14.2% | 13.4% |
| Commute time (minutes) | 31 | 23 | 22 |
Approximately 20,722 people are unemployed in Gwinnett County, Georgia.
The average commute time in Gwinnett County is 31 minutes, longer than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Gwinnett County, Georgia has fallen from 9.2% to 4.1% in 2023.
Conclusion
Considering all these factors, Gwinnett 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 Gwinnett County, Georgia.
How Rich Is Gwinnett County, Georgia?
Gwinnett 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 $86,070, about 15% higher than the Georgia average of $74,683.
What is the current median household income in Gwinnett County, Georgia?
As of 2023, the median household income in Gwinnett County, Georgia is $86,070.
What was the median household income in Gwinnett County in 2023?
In 2023, the median household income in Gwinnett County, Georgia was $86,070.
What was the median household income in Gwinnett County in 2020?
In 2020, the median household income in Gwinnett County, Georgia was $73,088.
What is the Gini coefficient in Gwinnett County, Georgia?
The Gini coefficient in Gwinnett County is 0.573. 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 0.570, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Gwinnett County, Georgia?
Since 2009, the income gap between men and women in Gwinnett County, Georgia has narrowed from about 20% to 12% in 2023. In dollar terms, the gap has narrowed by $3,281 since 2009.