Fannin County, Georgia
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Fannin County Compares
Detailed Income Statistics
Income Advisory: Fannin County
Income Verdict
Fannin County has a median household income of $58,073 and per capita income of $38,719 — a gap of $19,354, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $876/month and a median household income of $58,073, rent consumes approximately 18.1% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $58,073, residents of Fannin County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $38,719 is in line with national norms for individual earners.
Neighbor Context
Fannin County earns approximately 4% below the Georgia state median household income of $60,488.
Data Story
About Household Income in Fannin County, Georgia
Fannin County below national median
Fannin County's median household income of $58,073 falls $16,682 short of the U.S. median of $74,755, placing the county about 22% below the national average. Despite this gap, the county's per capita income of $38,719 suggests some wealth concentration among higher earners.
Near Georgia's state average
Fannin County's median household income of $58,073 is close to Georgia's state average of $60,488, trailing by just $2,415. The county ranks near the state median tier.
High home values, moderate household income
Fannin County's median household income of $58,073 is above most rural peers like Elbert ($49,727) and Emanuel ($50,053), yet the median home value of $274,600 is notably high. This mismatch suggests strong non-local investment or seasonal residents pushing property values beyond local wage levels.
Housing costs elevated relative to income
At 18.1%, Fannin County's rent-to-income ratio is among the highest profiled, and the median home value of $274,600 creates significant purchasing power requirements. Residents must carefully evaluate affordability before committing to homeownership at these price points.
Plan strategically for home and retirement
Fannin County residents should balance housing decisions with retirement savings, given elevated property costs. Work with a financial advisor to ensure home purchases don't crowd out 401(k) contributions or emergency funds—wealth building requires both property and diversified investments.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Fannin County
Your income is above the Fannin County median
County median: $58,073 per year
vs. County Median
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($4,839) vs. median rent ($876/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.