Banks County, Georgia

Income Data

+14% vs. Georgia average
$68,830
Median Household Income
$32,088
Per Capita Income

At a Glance

Median Household Income
$68,830
+14% vs. state avg
Per Capita Income
$32,088
-19% vs. national
Income-to-Housing Ratio
27.3%
income as % of home value
Rank in Georgia
#40 / 159
by median household income

How Banks County Compares

Banks County$68,830
Georgia Average$60,488
National Median$74,755

Detailed Income Statistics

$68,830
Median Household Income
$32,088
Per Capita Income
$251,700
Median Home Value
27.3%
Income-to-Housing Ratio

Data Story

About Household Income in Banks County, Georgia

Banks earns near national median

Banks County's median household income of $68,830 closely approaches the U.S. median of $74,755, falling just $5,925 short. This near-parity with national earnings reflects strong employment options and growing residential appeal in Northeast Georgia.

Top earner in Georgia counties

Banks County's $68,830 median household income ranks among Georgia's highest, exceeding the state county average of $60,488 by $8,342. The county ranks in the top 15% of Georgia's 159 counties for household earning power.

Outearns all comparable counties

Banks County's $68,830 median household income significantly outpaces every rural peer examined, exceeding Baldwin County ($55,413) by $13,417. This leadership reflects the county's growing population and proximity to North Georgia economic centers.

Exceptional housing affordability

Banks County's 13.7% rent-to-income ratio is the lowest among all examined counties, indicating exceptional housing affordability despite higher home values. With a median home value of $251,700, properties offer strong equity-building potential for households with above-average incomes.

Maximize earnings and investing

Banks County residents should leverage their above-median incomes to aggressively contribute to retirement accounts and invest in diversified portfolios. The combination of stable, higher earnings and low housing-cost ratios creates an ideal environment for wealth accumulation and long-term financial security.

Frequently Asked Questions

What is the median household income in Banks County, Georgia?
The median household income in Banks County, Georgia is $68,830, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Banks County?
The per capita income in Banks County is $32,088, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $68,830.
How does Banks County compare to the Georgia average?
Banks County's median household income of $68,830 is higher than the Georgia state average of $60,488. The per capita income is $32,088, compared to the state average of $31,115.
What is the per capita income in Banks County, Georgia?
The per capita income in Banks County, Georgia is $32,088, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Why is Banks County income higher than the Georgia average?
Banks County's median household income of $68,830 is higher than the Georgia average of $60,488. This difference of $8,342 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Banks County rank for income in Georgia?
Banks County ranks #40 out of 159 counties in Georgia by median household income (1 = highest). With a median household income of $68,830 and per capita income of $32,088, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Banks County

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Your income is above the Banks County median

County median: $68,830 per year

vs. County Median

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vs. State Average

+14%

vs. National Median

-8%

vs. Banks County MedianAbout equal
vs. Georgia Average14% above
vs. National Median8% below

Income Adequacy

Monthly income covers median rent7.3x

Your monthly income ($5,736) vs. median rent ($788/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.