Milton, Braselton, Pooler: These cities aren’t just some of the best places to live in Georgia. They are also home to some of the richest people in the Peach State.
Milton in particular houses the richest residents in the state thanks, in part, to a median household income of $109,784 and a ridiculously low poverty rate of 5.5%.
If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Georgia share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 128 places in Georgia with more than 5,000 people.
- Milton (Photos | Homes For Sale)
- Braselton (Photos | Homes For Sale)
- Pooler (Photos | Homes For Sale)
- Suwanee (Photos | Homes For Sale)
- Alpharetta (Photos | Homes For Sale)
- Roswell (Photos | Homes For Sale)
- Dunwoody (Photos | Homes For Sale)
- Peachtree City (Photos | Homes For Sale)
- Rincon (Homes For Sale)
- Woodstock (Photos | Homes For Sale)
For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Georgia.
Rich people not your cup of tea? Feel free to check out some more reading about Georgia:
How We Determined The Richest Places In Georgia For 2018
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2012-2016 American Community Survey:
- Poverty Level
- Median Household Income
- Unemployment Rate
Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.
After we collected the data for all 128 places with more than 5,000 people in Georgia, we ranked each place from 1 to 128 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Milton, crowned the “Richest Place In Georgia For 2018”.
You can learn more about the top ten below or skip to the end to see the rankings for all 128 places.
Milton is a city and suburb in Fulton County, Georgia, United States. Incorporated on December 1, 2006, it was created out of the entire unincorporated northernmost part of northern Fulton County. It is an affluent community, with an average household income within the ZIP code 30004 of $99,412. As of the 2010 census, Milton’s population was 32,661, with an estimated population of 36,662 in 2014.
Braselton is a town in Barrow, Gwinnett, Hall, and Jackson counties in the U.S. state of Georgia, approximately 53 miles (85 km) northeast of Atlanta. As of the 2010 census, the town had a population of 7,511, and in 2015 the estimated population was 9,476.
Pooler is a city in Chatham County, Georgia, United States. According to 2010 US Census, the population was 19,140, a threefold increase over the 2000 count of 6,239. The 2013 population estimate was 21,187. Pooler is located northwest of Savannah along I-95 and Interstate 16.
Suwanee is a city in Gwinnett County in the U.S. state of Georgia. As of the 2010 census, the population was 15,355; this had grown to an estimated 18,694 as of 2015. Suwanee was the practicing home of the Atlanta Falcons football team from 1979 to 2001 and was voted among the Top 10 Best Places to Live by Money in 2007. In 2012, Suwanee was rated by Kiplinger as the third best place in America for raising families, and in 2013, Suwanee was identified as one of the nation’s 10 Best Towns for Families by Family Circle magazine.
Alpharetta is a city located in north Fulton County, Georgia, United States and is a suburb of Atlanta. As of the 2010 census, Alpharetta’s population was 57,551. The estimated population in 2014 was 63,038.
Roswell is a city in north Fulton County, Georgia, United States. At the 2010 census it had a population of 88,346, and in 2014 the estimated population was 94,089, making it Georgia’s seventh largest city.
Dunwoody is a city located in DeKalb County, Georgia, United States. It is a northern suburb of Atlanta. Dunwoody was incorporated as a city on December 1, 2008. As of 2015, the city has a population of 48,733, up from 46,267 in the 2010 Census.
Peachtree City is the largest city in Fayette County, Georgia, United States. As of the 2010 census it had a population of 34,364. Peachtree City is located in South Metro Atlanta.
Rincon is a town in Effingham County, Georgia, United States. The population was 8,836 at the 2010 census, up from 4,376 in 2000. It is part of the Savannah Metropolitan Statistical Area.
Woodstock is a city in Cherokee County, Georgia, United States. The population was 23,896 at the 2010 census. Originally a stop on the Louisville and Nashville Railroad, Woodstock is part of the Atlanta metropolitan area. In 2007 it was the tenth fastest-growing suburb in the United States.
There You Have It – The Wealthiest Places In Georgia For 2018
Like we said earlier, when we set out to identify the richest places in Georgia, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Georgia.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in Georgia, according to data:
Poorest: Fort Valley
2nd Poorest: Cordele
3rd Poorest: Americus
For more Georgia reading, check out:
- These Are The 10 Best Counties To Live In Georgia
- These Are The 10 Best Places To Retire In Georgia For 2018
- 10 Best Places To Raise A Family In Georgia