Georgia Income Statistics
Georgia Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a state's residents based on income levels, employment rates, and income inequality metrics.
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C
Georgia Below averageLess wealthy than 71% of states in US
Source: Map AI Methodology
Wealthiest and Least Wealthy Counties in Georgia
- Forsyth County (128% of U.S. avg)
- Oconee County (120% of U.S. avg)
- Fayette County (117% of U.S. avg)
- Calhoun County (56% of U.S. avg)
- Hancock County (59% of U.S. avg)
- Stewart County (60% of U.S. avg)
Ranked by the Map AI Wealth Index, which combines income, employment, and income inequality metrics.
Income Statistics Overview
| Metric | Georgia | US Average |
|---|---|---|
| Median Household Income | $77,523 | $80,455 |
| Median Personal Income | $55,999 | $60,758 |
| Average Yearly Income Growth | 5.3% | 4.8% |
| Six-Figure Earners | 12.4% | 13.9% |
| $200k+ Households | 11.9% | 13.2% |
The median household income in Georgia is about 4% lower than in US. Income has been growing faster in Georgia (5.3%/yr) than in US (4.8%/yr).
About 12% of adults in Georgia earn six figures ($100,000 or more) a year, lower than the US average of 14%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Georgia grew by 56.8% from 2009 to 2024, reaching $77,523 in 2024. That's an average of about 5.3% per year.
Income Inequality and the Gender Pay Gap in Georgia
| Metric | Georgia | US Average |
|---|---|---|
| Gini Coefficient | 0.561 | 0.552 |
| Male Median Income | $65,087 | $69,667 |
| Female Median Income | $53,213 | $56,850 |
| Gender Pay Gap | 18.2% | 18.4% |
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 Georgia, it is 0.561, higher than US's 0.552, so income is less evenly distributed here than there.
Men's income is about 22% more than women's income in Georgia. Over a 35-year career, a 22% wage gap accumulates to roughly $415,590 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Georgia has narrowed from about 21% to 18% in 2024. Over that period the gap was widest at 21% in 2010, and was narrowest at 18% in 2020. In dollar terms, the gap has widened by $2,589 since 2009.
Employment
| Metric | Georgia | US Average |
|---|---|---|
| Unemployment Rate | 5.1% | 5.2% |
| Working from Home | 15.9% | 15.0% |
| Commute time (minutes) | 23 | 22 |
Approximately 282,193 people are unemployed in Georgia.
The average commute time in Georgia is 23 minutes, longer than the 22 minutes in US.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Georgia has fallen from 9.7% to 5.1% in 2024. Over that period the rate peaked at 11.2% in 2013 and fell as low as 5.1% in 2023.
Georgia Wealth Compared With Nearby States
Georgia is the 2nd largest of the 6 states compared here, 10,939,918 residents against a local median of 7,058,506. Georgia sits close to the middle of its own neighbourhood. No measure below is more than 15% off the local median, so the choice between these states turns on things this data does not capture.
The largest of those small differences is median household income, 11% above the local median at $77,523 against $69,901. Georgia has the highest median household income of the 6 areas compared here.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Georgia | 10,939,918 | $77,523 #1/6 | 5.3%/yr #2/6 | 5.1% #6/6 | 0.561 #6/6 |
| South Carolina | 5,295,781 | $69,383 | 5.0%/yr | 4.8% | 0.547 |
| Alabama | 5,083,438 | $64,544 | 4.7%/yr | 4.7% | 0.560 |
| Florida | 22,388,905 | $74,580 | 5.4%/yr | 4.8% | 0.551 |
| Tennessee | 7,058,506 | $69,901 | 5.2%/yr | 4.6% | 0.542 |
| North Carolina | 10,724,323 | $72,438 | 5.2%/yr | 4.6% | 0.547 |
Conclusion
Considering all these factors, Georgia has an overall wealth index grade of C, making it about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Georgia.
How Rich Is Georgia?
Georgia has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $77,523, about 4% lower than the US average of $80,455.
How has median household income changed in Georgia?
Between 2009 and 2024, the median household income in Georgia rose 57%, from $49,455 to $77,523. Over the same years, income here kept pace with the U.S. as a whole: +57% against +57%.
What was the median household income in Georgia in 2023?
In 2023, the median household income in Georgia was $74,682, up 4% from $71,531 in 2022. The US median that year was $78,147.
What was the median household income in Georgia in 2020?
In 2020, the median household income in Georgia was $61,405. By 2024 it had risen 26% to $77,523.
What is the Gini coefficient in Georgia?
The Gini coefficient in Georgia is 0.561. 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 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Georgia?
Since 2009, the income gap between men and women in Georgia has narrowed from about 21% to 18% in 2024. Over that period the gap was widest at 21% in 2010, and was narrowest at 18% in 2020. In dollar terms, the gap has widened by $2,589 since 2009.
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