Atlanta's population is 5.9M, with a total workforce of 2.8M. The labor market grew by 60,200 jobs over the past year, up by 2.2%. The median household income in Atlanta is $66,955, 2.4% higher than last year and 9.1% above the national average of $61,372. In the housing market, total permits issued totaled 34,724 over the last twelve months, up 3.3% year-over-year. Atlanta has 789 active new home projects on the market, 7.2% fewer than the 850 from last year. The average list price in the market is $330,092, 4.3% higher than last year and 6.6% above the national average. Over the last three months, new home contracts decreased by 10.3% to 4,357. Cumming and Atlanta had the highest concentration of the new home contracts in the Atlanta market.