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 | Mableton | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $76,914 | $74,683 | $78,145 |
| Median Personal Income | $54,546 | $57,099 | $61,726 |
| Average income growth | 5.9% | 5.5% | 5.1% |
| Six-Figure Earners | 12.6% | 11.7% | 13.2% |
The median household income in Mableton is about 3% higher than in Georgia. Income has been growing faster in Mableton (5.9%/yr) than in Georgia (5.5%/yr).
About 13% of adults in Mableton 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 Mableton, Georgia grew by 42.7% from 2009 to 2023, reaching $76,914 in 2023. That's an average of about 5.9% per year.
Economic Inequality in Mableton | Gender Pay Gap | Gini Coefficient
| Metric | Mableton | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.548 | 0.578 | 0.570 |
| Male Median Income | $54,534 | $62,912 | $67,746 |
| Female Median Income | $54,558 | $50,950 | $54,793 |
| Gender Pay Gap | -0.0% | 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 Mableton, it is 0.548, 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.
Women's income is about 0% more than men's income in Mableton, Georgia.
Income by Sex Over Time
Since 2009, the income gap between men and women in Mableton, Georgia has narrowed from about 11% to -0% in 2023. In dollar terms, the gap has narrowed by $4,797 since 2009.
Employment
| Metric | Mableton | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 5.1% | 5.2% |
| Working from Home | 17.2% | 14.2% | 13.4% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 2,512 people are unemployed in Mableton, Georgia.
The average commute time in Mableton is 30 minutes, longer than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Mableton, Georgia has fallen from 9.7% to 5.6% in 2023.
Conclusion
Considering all these factors, Mableton, 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 Mableton, Georgia.
How Rich Is Mableton, Georgia?
Mableton 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 $76,914, about 3% higher than the Georgia average of $74,683.
What is the current median household income in Mableton, Georgia?
As of 2023, the median household income in Mableton, Georgia is $76,914.
What was the median household income in Mableton in 2023?
In 2023, the median household income in Mableton, Georgia was $76,914.
What was the median household income in Mableton in 2020?
In 2020, the median household income in Mableton, Georgia was $64,752.
What is the Gini coefficient in Mableton, Georgia?
The Gini coefficient in Mableton is 0.548. 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 Mableton, Georgia?
Since 2009, the income gap between men and women in Mableton, Georgia has narrowed from about 11% to -0% in 2023. In dollar terms, the gap has narrowed by $4,797 since 2009.