Woodstock, Georgia Income Statistics
Woodstock Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Woodstock Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Woodstock | Georgia Avg | US Average |
|---|---|---|---|
| Median Household Income | $102,891 | $77,523 | $80,455 |
| Median Personal Income | $65,819 | $55,999 | $60,758 |
| Average Yearly Income Growth | 5.5% | 5.3% | 4.8% |
| Six-Figure Earners | 19.5% | 12.4% | 13.9% |
| $200k+ Households | 16.5% | 11.9% | 13.2% |
The median household income in Woodstock is about 33% higher than in Georgia. Income has been growing faster in Woodstock (5.5%/yr) than in Georgia (5.3%/yr).
About 19% of adults in Woodstock earn six figures ($100,000 or more) a year, higher than the Georgia average of 12%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Woodstock, Georgia grew by 58.1% from 2009 to 2024, reaching $102,891 in 2024. That's an average of about 5.5% per year.
Income Inequality and the Gender Pay Gap in Woodstock
| Metric | Woodstock | Georgia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.524 | 0.561 | 0.552 |
| Male Median Income | $84,031 | $65,087 | $69,667 |
| Female Median Income | $61,197 | $53,213 | $56,850 |
| Gender Pay Gap | 27.2% | 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 Woodstock, it is 0.524, lower than Georgia's 0.561, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 37% more than women's income in Woodstock, Georgia. Over a 35-year career, a 37% wage gap accumulates to roughly $799,190 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Woodstock, Georgia has widened from about 22% to 27% in 2024. Over that period the gap was widest at 29% in 2021, and was narrowest at 18% in 2013. In dollar terms, the gap has widened by $10,875 since 2009.
Sharply against the trend: the pay gap in Woodstock widened by 4.7 points while Georgia's narrowed by 2.7 points.
Employment
| Metric | Woodstock | Georgia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.5% | 5.1% | 5.2% |
| Working from Home | 24.3% | 15.9% | 15.0% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 474 people are unemployed in Woodstock, Georgia.
The average commute time in Woodstock is 30 minutes, longer than the 23 minutes in Georgia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Woodstock, Georgia has fallen from 6.5% to 2.5% in 2024. Over that period the rate peaked at 8.0% in 2013.
Woodstock, GA Wealth Compared With Nearby Cities
How Woodstock, GA compares with the 2 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Woodstock, GA | 32,770 | $102,891 #1/3 | 5.5%/yr #1/3 | 2.5% #1/3 | 0.524 #1/3 |
| Kennesaw, GA | 32,196 | $93,802 | 4.4%/yr | 5.9% | 0.544 |
| Canton, GA | 21,210 | $74,012 | 4.2%/yr | 4.5% | 0.536 |
Conclusion
Considering all these factors, Woodstock, Georgia has an overall wealth index grade of B, making it somewhat better than Georgia, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Woodstock, Georgia.
How Rich Is Woodstock, Georgia?
Woodstock has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $102,891, about 33% higher than the Georgia average of $77,523.
How has median household income changed in Woodstock, Georgia?
Between 2009 and 2024, the median household income in Woodstock, Georgia rose 58%, from $65,090 to $102,891. Over the same years, income here outpaced Georgia as a whole: +58% against +57%.
What was the median household income in Woodstock in 2023?
In 2023, the median household income in Woodstock, Georgia was $103,075, up 7% from $96,307 in 2022. The Georgia median that year was $74,682.
What was the median household income in Woodstock in 2020?
In 2020, the median household income in Woodstock, Georgia was $75,935. By 2024 it had risen 35% to $102,891.
Is Woodstock, Georgia a high-income area?
Yes. 19% of adults in Woodstock, Georgia earn $100,000 or more a year (about 1 in 5), against 12% (about 1 in 8) in Georgia. 16% of households have a combined income of $200,000 or more, compared with 12% in Georgia.
Is unemployment high in Woodstock, Georgia?
Unemployment in Woodstock, Georgia is only 2.5%, well below the Georgia rate of 5.1%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Woodstock, Georgia?
The Gini coefficient in Woodstock is 0.524. 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 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Woodstock, Georgia?
Since 2009, the income gap between men and women in Woodstock, Georgia has widened from about 22% to 27% in 2024. Over that period the gap was widest at 29% in 2021, and was narrowest at 18% in 2013. In dollar terms, the gap has widened by $10,875 since 2009.
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