Georgia, also known as the "Peach State," is the twenty-fourth largest state by area, with a population of 10,519,475 (U.S. Census Bureau, July 1, 2019). Founded as British Colony in 1733, Georgia was named after King George II and was the last of the original thirteen colonies to be established. After the Revolutionary War, Georgia was the fourth state to ratify the U. S. Constitution. Within the previous two centuries, Georgia's Southern culture has been shaped by slavery, the Civil War, segregation, and the Civil Rights Movement. Today, Georgia is known for its prominent role in American pop culture, from Gone with the Wind to Ray Charles.
Georgia's economy has a GDP of $601 billion (Bureau of Economic Analysis, July 1, 2018), which is driven by tourism, agriculture, film, energy, automotive, and tourism industries. Many of the leading Fortune 500 companies have their headquarters in Georgia, including Coca-Cola, Home Depot, and United Parcel Service, to name a few.
The most recognized cities in Georgia are Atlanta, Savannah, and Augusta.
Atlanta is the capital city of Georgia and has a population of 465,230. Atlanta is home to Georgia Aquarium, World of Coca-Cola, and Centennial Olympic Park. Over the last ten years, Atlanta's housing market has appreciated by 41.17%. When compared to the rest of the nation, Atlanta's housing prices are significantly higher, with the median home price of $238,700 and a median rent of $1,037.
Savannah resides in the southeast part of Georgia and has a population of 145,094. Savannah is home to Forsyth Park, Savannah Historic District, and Telfair Museums. Over the last ten years, Savannah's housing market has appreciated by 0.99% annually. When compared to the rest of the country, Savannah's housing prices are slightly lower, with the median home price of $146,600 and a median rent of $942.
Augusta can found in the eastern part of Georgia and has a population of 196,899. Augusta is home to Augusta National Golf Club, Phinizy Swamp Nature Park, and Augusta Museum of History. Over the last ten years, Augusta's housing market has appreciated by 0.58% annually. When compared to the rest of the nation, Augusta's housing prices are significantly less, with the median home price of $99,900 and a median rent of $814.
|Single Family Homes for sale in Georgia|
|Average List Price||$398,119|
|Average Price Per Square Feet||$224|
|Condos for sale in Georgia|
|Average List Price||$389,799|
|Average Price Per Square Feet||$275|
|Townhomes for sale in Georgia|
|Average List Price||$353,929|
|Average Price Per Square Feet||$164|