Atlanta s population is 6.0M, with a total workforce of 2.9M. The labor market grew by 46,000 jobs over the past year, up by 1.6%. The median household income in Atlanta is $70,669, 1.7% higher than last year and 11.9% above the national average of $63,179.
In the housing market, total permits issued totaled 32,123 over the last twelve months, down -10.6% year-over-year. Atlanta has 899 active new home projects on the market, 11.6% fewer than the 1017 from last year. The average list price in the market is $333,376, 3.7% higher than last year and 3.7% above the national average. Over the last three months, new home contracts increased by 7.9% to 5,663. Atlanta and Cumming had the highest concentration of the new home contracts in the Atlanta market.