Wealth Index
Wealthier than 77% 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 | Haralson County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $66,178 | $74,683 | $78,145 |
| Median Personal Income | $54,679 | $57,099 | $61,726 |
| Average income growth | 6.5% | 5.5% | 5.1% |
| Six-Figure Earners | 8.4% | 11.7% | 13.2% |
The median household income in Haralson County is about 11% lower than in Georgia. Income has been growing faster in Haralson County (6.5%/yr) than in Georgia (5.5%/yr).
About 8% of adults in Haralson 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 Haralson County, Georgia grew by 72.5% from 2009 to 2023, reaching $66,178 in 2023. That's an average of about 6.5% per year.
Economic Inequality in Haralson County | Gender Pay Gap | Gini Coefficient
| Metric | Haralson County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.557 | 0.578 | 0.570 |
| Male Median Income | $61,571 | $62,912 | $67,746 |
| Female Median Income | $47,190 | $50,950 | $54,793 |
| Gender Pay Gap | 23.4% | 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 Haralson County, it is 0.557, 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 30% more than women's income in Haralson County, Georgia. Over a 35-year career, a 30% wage gap accumulates to roughly $503,335 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Haralson County, Georgia has widened from about 18% to 23% in 2023. In dollar terms, the gap has widened by $6,751 since 2009.
Employment
| Metric | Haralson County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.3% | 5.1% | 5.2% |
| Working from Home | 9.3% | 14.2% | 13.4% |
| Commute time (minutes) | 27 | 23 | 22 |
Approximately 772 people are unemployed in Haralson County, Georgia.
The average commute time in Haralson County is 27 minutes, longer than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Haralson County, Georgia has fallen from 15.2% to 5.3% in 2023.
Conclusion
Considering all these factors, Haralson County, Georgia has an overall wealth index grade of C, making it about on par with Georgia, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Haralson County, Georgia.
How Rich Is Haralson County, Georgia?
Haralson County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $66,178, about 11% lower than the Georgia average of $74,683.
What is the current median household income in Haralson County, Georgia?
As of 2023, the median household income in Haralson County, Georgia is $66,178.
What was the median household income in Haralson County in 2023?
In 2023, the median household income in Haralson County, Georgia was $66,178.
What was the median household income in Haralson County in 2020?
In 2020, the median household income in Haralson County, Georgia was $52,918.
What is the Gini coefficient in Haralson County, Georgia?
The Gini coefficient in Haralson County is 0.557. 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 Haralson County, Georgia?
Since 2009, the income gap between men and women in Haralson County, Georgia has widened from about 18% to 23% in 2023. In dollar terms, the gap has widened by $6,751 since 2009.