Wealth Index
Among the 5 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 | Telfair County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $44,940 | $74,683 | $78,145 |
| Median Personal Income | $46,522 | $57,099 | $61,726 |
| Average income growth | 7.5% | 5.5% | 5.1% |
| Six-Figure Earners | 2.5% | 11.7% | 13.2% |
The median household income in Telfair County is about 40% lower than in Georgia. Income has been growing faster in Telfair County (7.5%/yr) than in Georgia (5.5%/yr).
About 2% of adults in Telfair 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 Telfair County, Georgia grew by 82.4% from 2009 to 2023, reaching $44,940 in 2023. That's an average of about 7.5% per year.
Economic Inequality in Telfair County | Gender Pay Gap | Gini Coefficient
| Metric | Telfair County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.642 | 0.578 | 0.570 |
| Male Median Income | $53,239 | $62,912 | $67,746 |
| Female Median Income | $40,183 | $50,950 | $54,793 |
| Gender Pay Gap | 24.5% | 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 Telfair County, it is 0.642, 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 32% more than women's income in Telfair County, Georgia. Over a 35-year career, a 32% wage gap accumulates to roughly $456,960 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Telfair County, Georgia has widened from about 6% to 25% in 2023. In dollar terms, the gap has widened by $11,441 since 2009.
Employment
| Metric | Telfair County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 5.1% | 5.2% |
| Working from Home | 5.1% | 14.2% | 13.4% |
| Commute time (minutes) | 16 | 23 | 22 |
Approximately 171 people are unemployed in Telfair County, Georgia.
The average commute time in Telfair County is 16 minutes, shorter than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Telfair County, Georgia has risen from 2.8% to 4.9% in 2023.
Conclusion
Considering all these factors, Telfair 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 Telfair County, Georgia.
How Rich Is Telfair County, Georgia?
Telfair 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 $44,940, about 40% lower than the Georgia average of $74,683.
What is the current median household income in Telfair County, Georgia?
As of 2023, the median household income in Telfair County, Georgia is $44,940.
What was the median household income in Telfair County in 2023?
In 2023, the median household income in Telfair County, Georgia was $44,940.
What was the median household income in Telfair County in 2020?
In 2020, the median household income in Telfair County, Georgia was $32,940.
What is the Gini coefficient in Telfair County, Georgia?
The Gini coefficient in Telfair County is 0.642. 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 Telfair County, Georgia?
Since 2009, the income gap between men and women in Telfair County, Georgia has widened from about 6% to 25% in 2023. In dollar terms, the gap has widened by $11,441 since 2009.