Pickens County saw per capita income rise to $50,868 in 2020, according to recently revised data from the Bureau of Economic Analysis (BEA). This puts Pickens on top of the list in the northwest Georgia region, but behind the state of Georgia as a whole.
In Pickens, per capita income grew 4.4%, from $48,712 in 2019 to $50,868 in 2020, while the state of Georgia saw a 6.2% rise from $48,765 in 2019 to $51,780 in 2020. That is $912 less and 1.8% less per capita income growth when comparing the county to the state.
The average per capita income for the northwest Georgia region was about $39,438, well below the data for Pickens County.
Per capita personal income is the total personal income of the residents divided by the population. Pickens county is the 9th most populated county in northwest Georgia at 33,216 people, but the most wealthy in the region according to these figures.
According to the BEA, personal income increased in 3,040 counties nationwide, decreased in 69, and was unchanged in 3. These numbers were affected by the impact of COVID-19 and the response to it. At the national level, a large increase in personal income reflected government relief payments provided by the CARES Act of 2020. Without this increase the BEA estimates that personal income would have increased in 2,006 counties nationwide, decreased in 1,038, and remained unchanged in 68.
Our neighbor to the south, Cherokee County had a per capita income of $56,278 and our neighbor to the east, Dawson County had a per capita income of $48,170. Neither are in the northwest Georgia region.