Atlanta s population is 5.9M, with a total workforce of 2.8M. The labor market grew by 49,900 jobs over the past year, up by 1.8%. The median household income in Atlanta is $66,602, 1.9% higher than last year and 5.4% above the national average of $63,179.
In the housing market, total permits issued totaled 34,109 over the last twelve months, down 1.7% year-over-year. Atlanta has 922 active new home projects on the market, 1.0% fewer than the 931 from last year. The average list price in the market is $326,018, 2.6% higher than last year and 8.9% above the national average. Over the last three months, new home contracts increased by 7.8% to 5,085. Atlanta and Cumming had the highest concentration of the new home contracts in the Atlanta market.