Atlanta s population is 5.9M, with a total workforce of 2.8M. The labor market grew by 53,400 jobs over the past year, up by 1.9%. The median household income in Atlanta is $66,958, 2.4% higher than last year and 9.1% above the national average of $61,372.
In the housing market, total permits issued totaled 34,252 over the last twelve months, down 0.7% year-over-year. Atlanta has 910 active new home projects on the market, 0.4% more than the 906 from last year. The average list price in the market is $339,034, 4.8% higher than last year and 8.4% above the national average. Over the last three months, new home contracts increased by 2.9% to 5,133. Atlanta and Cumming had the highest concentration of the new home contracts in the Atlanta market.