Wealth Index
Less wealthy than 85% 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 | Washington County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $43,965 | $74,683 | $78,145 |
| Median Personal Income | $44,868 | $57,099 | $61,726 |
| Average income growth | 2.9% | 5.5% | 5.1% |
| Six-Figure Earners | 3.9% | 11.7% | 13.2% |
The median household income in Washington County is about 41% lower than in Georgia. Income has been growing slower in Washington County (2.9%/yr) than in Georgia (5.5%/yr).
About 4% of adults in Washington 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 Washington County, Georgia grew by 40.5% from 2009 to 2023, reaching $43,965 in 2023. That's an average of about 2.9% per year.
Economic Inequality in Washington County | Gender Pay Gap | Gini Coefficient
| Metric | Washington County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.582 | 0.578 | 0.570 |
| Male Median Income | $52,478 | $62,912 | $67,746 |
| Female Median Income | $39,118 | $50,950 | $54,793 |
| Gender Pay Gap | 25.5% | 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 Washington County, it is 0.582, about the same as Georgia's 0.578, so income here is about as evenly distributed as there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 34% more than women's income in Washington County, Georgia. Over a 35-year career, a 34% wage gap accumulates to roughly $467,600 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Washington County, Georgia has narrowed from about 37% to 25% in 2023. In dollar terms, the gap has widened by $119 since 2009.
Employment
| Metric | Washington County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.8% | 5.1% | 5.2% |
| Working from Home | 4.0% | 14.2% | 13.4% |
| Commute time (minutes) | 17 | 23 | 22 |
Approximately 395 people are unemployed in Washington County, Georgia.
The average commute time in Washington County is 17 minutes, shorter than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Washington County, Georgia has fallen from 10.0% to 4.8% in 2023.
Conclusion
Considering all these factors, Washington County, Georgia has an overall wealth index grade of D, making it somewhat worse than Georgia, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Washington County, Georgia.
How Rich Is Washington County, Georgia?
Washington County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $43,965, about 41% lower than the Georgia average of $74,683.
What is the current median household income in Washington County, Georgia?
As of 2023, the median household income in Washington County, Georgia is $43,965.
What was the median household income in Washington County in 2023?
In 2023, the median household income in Washington County, Georgia was $43,965.
What was the median household income in Washington County in 2020?
In 2020, the median household income in Washington County, Georgia was $36,969.
What is the Gini coefficient in Washington County, Georgia?
The Gini coefficient in Washington County is 0.582. 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 Washington County, Georgia?
Since 2009, the income gap between men and women in Washington County, Georgia has narrowed from about 37% to 25% in 2023. In dollar terms, the gap has widened by $119 since 2009.