Wealth Index
Among the 3 least wealthy 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 | Stewart County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $35,000 | $74,683 | $78,145 |
| Median Personal Income | $35,078 | $57,099 | $61,726 |
| Average income growth | 8.0% | 5.5% | 5.1% |
| Six-Figure Earners | 2.2% | 11.7% | 13.2% |
The median household income in Stewart County is about 53% lower than in Georgia. Income has been growing faster in Stewart County (8.0%/yr) than in Georgia (5.5%/yr).
About 2% of adults in Stewart 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 Stewart County, Georgia grew by 5.1% from 2009 to 2023, reaching $35,000 in 2023. That's an average of about 8.0% per year.
Economic Inequality in Stewart County | Gender Pay Gap | Gini Coefficient
| Metric | Stewart County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.653 | 0.578 | 0.570 |
| Male Median Income | $33,112 | $62,912 | $67,746 |
| Female Median Income | $41,463 | $50,950 | $54,793 |
| Gender Pay Gap | -25.2% | 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 Stewart County, it is 0.653, 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.
Women's income is about 25% more than men's income in Stewart County, Georgia. Over a 35-year career, a 25% wage gap accumulates to roughly $292,285 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Stewart County, Georgia has widened from about 21% to -25% in 2023. In dollar terms, the gap has narrowed by $14,565 since 2009.
Employment
| Metric | Stewart County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 5.1% | 5.2% |
| Working from Home | 0.8% | 14.2% | 13.4% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 71 people are unemployed in Stewart County, Georgia.
The average commute time in Stewart County is 30 minutes, longer than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Stewart County, Georgia has fallen from 9.9% to 4.7% in 2023.
Conclusion
Considering all these factors, Stewart 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 Stewart County, Georgia.
How Rich Is Stewart County, Georgia?
Stewart 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 $35,000, about 53% lower than the Georgia average of $74,683.
What is the current median household income in Stewart County, Georgia?
As of 2023, the median household income in Stewart County, Georgia is $35,000.
What was the median household income in Stewart County in 2023?
In 2023, the median household income in Stewart County, Georgia was $35,000.
What was the median household income in Stewart County in 2020?
In 2020, the median household income in Stewart County, Georgia was $34,356.
What is the Gini coefficient in Stewart County, Georgia?
The Gini coefficient in Stewart County is 0.653. 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 Stewart County, Georgia?
Since 2009, the income gap between men and women in Stewart County, Georgia has widened from about 21% to -25% in 2023. In dollar terms, the gap has narrowed by $14,565 since 2009.