In 1979, the State of Georgia designated Ray Charles' version the official state song. The song has become part of the Great American Songbook tradition.

"Georgia on My Mind" has been inducted into the Grammy Hall of Fame twice. The first induction was in 1993 for the 1960 recording on the ABC-Paramount label by Ray Charles. The second induction happened in 2014 for the 1930 recording on the Victor label by Hoagy Carmichael And His Orchestra.