Cherokee County residents are some of the top earners in the state, according to a recent study.

A study on places with the most purchasing power by SmartAsset ranked Cherokee’s median income of $82,740 the fourth-highest in the state. The county ranked behind Forsyth, Oconee and Fayette counties, first, second and third respectively.

Cherokee ranked sixth in purchasing power in the study, with a 61.19 purchasing power index score, based on a weighted cost of living as a percentage of median income. The county had a reported cost of living of $48,472.

To determine cost of living, SmartAsset calculated two different cost of living metrics for a household with one adult and no dependents: the baseline cost of living in each location and expenditures typical to someone making the county’s median income.

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Shannon Ballew is the managing editor at the Cherokee Tribune and the Cherokee Ledger-News. She is a graduate of Young Harris College and lives in unincorporated Woodstock.

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