Wealth Index
Wealthier than 73% 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 | Webster County | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $40,671 | $74,683 | $78,145 |
| Median Personal Income | $44,812 | $57,099 | $61,726 |
| Average income growth | 1.3% | 5.5% | 5.1% |
| Six-Figure Earners | 4.8% | 11.7% | 13.2% |
The median household income in Webster County is about 46% lower than in Georgia. Income has been growing slower in Webster County (1.3%/yr) than in Georgia (5.5%/yr).
About 5% of adults in Webster 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 Webster County, Georgia grew by 62.5% from 2009 to 2023, reaching $40,671 in 2023. That's an average of about 1.3% per year.
Economic Inequality in Webster County | Gender Pay Gap | Gini Coefficient
| Metric | Webster County | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.533 | 0.578 | 0.570 |
| Male Median Income | $43,687 | $62,912 | $67,746 |
| Female Median Income | $47,934 | $50,950 | $54,793 |
| Gender Pay Gap | -9.7% | 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 Webster County, it is 0.533, lower than Georgia's 0.578, so income is more evenly distributed here than there, and lower than the US's 0.570, so income is more evenly distributed here than there.
Women's income is about 10% more than men's income in Webster County, Georgia. Over a 35-year career, a 10% wage gap accumulates to roughly $148,645 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Webster County, Georgia has narrowed from about 23% to -10% in 2023. In dollar terms, the gap has narrowed by $11,431 since 2009.
Employment
| Metric | Webster County | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.6% | 5.1% | 5.2% |
| Working from Home | 2.8% | 14.2% | 13.4% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 64 people are unemployed in Webster County, Georgia.
The average commute time in Webster County is 30 minutes, longer than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Webster County, Georgia has fallen from 7.4% to 5.6% in 2023.
Conclusion
Considering all these factors, Webster County, Georgia has an overall wealth index grade of C, making it about on par with Georgia, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Webster County, Georgia.
How Rich Is Webster County, Georgia?
Webster County 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 $40,671, about 46% lower than the Georgia average of $74,683.
What is the current median household income in Webster County, Georgia?
As of 2023, the median household income in Webster County, Georgia is $40,671.
What was the median household income in Webster County in 2023?
In 2023, the median household income in Webster County, Georgia was $40,671.
What was the median household income in Webster County in 2020?
In 2020, the median household income in Webster County, Georgia was $32,687.
What is the Gini coefficient in Webster County, Georgia?
The Gini coefficient in Webster County is 0.533. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.570, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Webster County, Georgia?
Since 2009, the income gap between men and women in Webster County, Georgia has narrowed from about 23% to -10% in 2023. In dollar terms, the gap has narrowed by $11,431 since 2009.