📈 The Gist: A new study by SmartAsset reveals the top ten counties in Georgia with the most significant wealth generation over the last ten years, showing Forsyth County as the leader.
🔍 The Details: SmartAsset’s study evaluated wealth generation in Georgia counties by analyzing growth in median income, investment income, and home value. This comprehensive approach provides insights into the counties that have experienced the most substantial economic growth.
📊 By The Numbers:
- 1. Forsyth County, GA:
- Median Home Value Raw Growth: $307,144
- Median Income Raw Growth: $34,430
- Investment Income Raw Growth: $7,000
- Wealth Index: 57.58
- 2. Oconee County, GA:
- Median Home Value Raw Growth: $258,514
- Median Income Raw Growth: $31,161
- Investment Income Raw Growth: $21,000
- Wealth Index: 54.43
- 3. Greene County, GA:
- Median Home Value Raw Growth: $282,471
- Median Income Raw Growth: $23,194
- Investment Income Raw Growth: $25,000
- Wealth Index: 48.70
- 4. Fulton County, GA:
- Median Home Value Raw Growth: $261,890
- Median Income Raw Growth: $20,778
- Investment Income Raw Growth: $32,000
- Wealth Index: 46.57
- 5. Cherokee County, GA:
- Median Home Value Raw Growth: $257,678
- Median Income Raw Growth: $23,420
- Investment Income Raw Growth: $11,000
- Wealth Index: 46.52
- 6. Dawson County, GA:
- Median Home Value Raw Growth: $256,900
- Median Income Raw Growth: $24,105
- Investment Income Raw Growth: $5,000
- Wealth Index: 46.46
- 7. Morgan County, GA:
- Median Home Value Raw Growth: $235,636
- Median Income Raw Growth: $23,271
- Investment Income Raw Growth: $17,000
- Wealth Index: 46.23
- 8. Cobb County, GA:
- Median Home Value Raw Growth: $237,194
- Median Income Raw Growth: $22,093
- Investment Income Raw Growth: $17,000
- Wealth Index: 45.25
- 9. Gilmer County, GA:
- Median Home Value Raw Growth: $252,799
- Median Income Raw Growth: $21,364
- Investment Income Raw Growth: $9,000
- Wealth Index: 44.32
- 10. White County, GA:
- Median Home Value Raw Growth: $176,457
- Median Income Raw Growth: $24,059
- Investment Income Raw Growth: $8,000
- Wealth Index: 43.84
🌍 In Context: The study sheds light on the economic progress in parts of Georgia, offering valuable data for understanding regional development trends. The growth in home values, median income, and investment income are indicative of the economic health and potential of these counties.
💡 Why It Matters: This information is crucial for residents, investors, and policymakers. It helps in identifying regions with significant economic growth, guiding investment strategies, and shaping economic policies.
🔗 What’s Next?: The study’s methodology and detailed insights into each county’s economic growth are available through the provided link, offering an interactive map for a more comprehensive understanding of the wealth generation across Georgia.
