In Forsyth County, the median household income is nearly double the statewide average — making it the richest county in the state, according to a new report.
The county in north central Georgia touts a medium household income of $101,743, as compared to the Peach State’s overall average of $55,679.
Paired with Forsyth’s unemployment rate that fell even below the state’s average and high percentage of adult residents with a bachelor’s degree, put it at the top of the list of wealthiest counties in rankings from financial news and opinion website 24/7 Wall Street.
To determine the richest county in each state, the site looked at annual household income in more than 2,000 county nationwide using five year estimates from the U.S. Census Bureau.
The site also looked at the percentage of adults in each country with a bachelor’s degree or higher, local poverty rates and median household income.
Here’s a closer look at how Forsyth County’s statistics broke down.
- Median household income: $101,743 (state: $55,679)
- Poverty rate: 5.9% (state: 16.0%)
- October 2019 unemployment: 2.5% (state: 3.4%)
- Adults with a bachelor’s degree: 51.7% (state: 30.7%)
- Largest place in county: Cumming
According to the report’s authors, the majority of the counties on the list had lower unemployment rates and higher levels of college-educated adults than the state as a whole.
These are the richest counties in some of the country’s largest states, according to the report:
1. California – Santa Clara County
2. Texas – Fort Bend County
3. Florida – St. John’s County
4. New York – Nassau County
5. Pennsylvania – Chester County