The median household income in Forsyth County is $101,743, the highest among Georgia’s 159 counties, according to one website.
24/7 Wall St., a financial news and opinion company, recently published its report on median annual household incomes for each U.S. county using 5-year estimates from the U.S. Census Bureau’s 2018 American Community Survey.
The website also reviewed education levels, poverty rate, median home values and unemployment rates in more than 2,000 counties or county equivalents, according to the website.
Forsyth County’s median household income was almost double
that of the average median household income in Georgia ($55,679).
Overall, median household income has climbed in the United States since 2014 to an all-time high of $63,000 in 2018, according to 24/7 Wall St.
Median household income varies wildly from state to state. For example, the median household income in Mississippi is $43,000, while it’s $82,000 in Maryland, according to the website.
One factor contributing to Forsyth County’s higher income is its skill level. 24/7 Wall St. notes that workers with only a high school diploma earn $749 a week on average, according to the Bureau of Labor Statistics. That's 71% less than the median weekly wage of $1,281 for workers with a bachelor’s degree.
More than half of Forsyth County adults have a bachelor’s degree (51.7%), compared to less than a third of adults across Georgia (30.7%).
In addition, the county’s 5.9% poverty rate was lower than the state (16.0%), while the latest unemployment rate of 2.5% was almost a percentage point better than Georgia (3.4%).