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 | Macon County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $36,915 | $74,683 | $78,145 |
| Median Personal Income | $38,641 | $57,099 | $61,726 |
| Average income growth | 4.0% | 5.5% | 5.1% |
| Six-Figure Earners | 4.4% | 11.7% | 13.2% |
The median household income in Macon County is about 51% lower than in Georgia. Income has been growing slower in Macon County (4.0%/yr) than in Georgia (5.5%/yr).
About 4% of adults in Macon 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 Macon County, Georgia grew by 31.5% from 2009 to 2023, reaching $36,915 in 2023. That's an average of about 4.0% per year.
Economic Inequality in Macon County | Gender Pay Gap | Gini Coefficient
| Metric | Macon County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.638 | 0.578 | 0.570 |
| Male Median Income | $41,417 | $62,912 | $67,746 |
| Female Median Income | $36,587 | $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 Macon County, it is 0.638, higher than Georgia's 0.578, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 13% more than women's income in Macon County, Georgia. Over a 35-year career, a 13% wage gap accumulates to roughly $169,050 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Macon County, Georgia has widened from about -0% to 12% in 2023. In dollar terms, the gap has widened by $4,844 since 2009.
Employment
| Metric | Macon County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 8.6% | 5.1% | 5.2% |
| Working from Home | 9.4% | 14.2% | 13.4% |
| Commute time (minutes) | 17 | 23 | 22 |
Approximately 348 people are unemployed in Macon County, Georgia.
The average commute time in Macon County is 17 minutes, shorter than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Macon County, Georgia has fallen from 10.9% to 8.6% in 2023.
Conclusion
Considering all these factors, Macon County, Georgia has an overall wealth index grade of F, making it worse than Georgia, and worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Macon County, Georgia.
How Rich Is Macon County, Georgia?
Macon County has a wealth index grade of F. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an F grade means residents are well below the U.S. average. The median household income is $36,915, about 51% lower than the Georgia average of $74,683.
What is the current median household income in Macon County, Georgia?
As of 2023, the median household income in Macon County, Georgia is $36,915.
What was the median household income in Macon County in 2023?
In 2023, the median household income in Macon County, Georgia was $36,915.
What was the median household income in Macon County in 2020?
In 2020, the median household income in Macon County, Georgia was $33,204.
What is the Gini coefficient in Macon County, Georgia?
The Gini coefficient in Macon County is 0.638. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Macon County, Georgia?
Since 2009, the income gap between men and women in Macon County, Georgia has widened from about -0% to 12% in 2023. In dollar terms, the gap has widened by $4,844 since 2009.