Georgia’s income rank falls to ‘79 level | www.myajc.com

Georgia has slipped to the back of the pack among states in a key measure of its residents’ financial well-being – a decline that started even before the recent recession.

Georgia is now 40th among states in per capita income, down from 25th in 2001 and the same rank it held in 1979, federal data shows.

The actual income figure for Georgia has grown, to $36,869 last year, but the national figure has grown faster, to $42,693, lowering the state’s relative standing.

“It is concerning,” said Amir Farokhi, executive director of GeorgiaForward, a non-partisan group that works with business and political leaders. “It reflects that we are not growing as many high-paying jobs as we did in the 1990s.”

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