Resources

Profile of Metro Atlanta

Metro Atlanta is a premier destination for business professionals and families. The area is home to 5.8 million people and more than 160,000 businesses. Metro Atlanta’s diverse economy, global access, abundant talent, low costs of business and living, and vibrant quality of life are reasons to choose metro Atlanta.

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Demographics

The Atlanta Metropolitan Statistical Area (MSA) is the business capital of the southeastern U.S. and a global business hub. Metro Atlanta is one of the fastest growing metros in the U.S. and has the 10th largest economy in the U.S. as measured by Gross Metro Product (GMP).

The Southeast’s population is 83.2 million and its economy is the largest of all U.S. regions. Gross Domestic Product (GDP) in the Southeast measured $3.8 trillion in 2015. Only two foreign countries have a greater GDP than the U.S. Southeast – China and Japan. 

Snapshot

Atlanta MSA (29 Counties) City of Atlanta
Population (2016 est.) 5,789,700 472,522
Median Age (2015 est.) 36.1 33.8
% of population 25 and over with a Bachelor’s degree or higher (2015 Est.) 37.0% 48.3%
% of population foreign-born (2015 Est.) 13.8% 6.9%
Labor Force (2016 Est.) 2,938,612 241,781
Median Household Income (2015 Est.) $60,219 $50,210

World Ranking of Global Gross Domestic Product (GDP) in Billions of U.S. Dollars, 2015

Rank Location GDP
1 USA $17,947
2 China $10,866
3 Japan $4,123
Southeast U.S.A. $3,817
4 Germany $3,356
6 United Kingdom $2,849
10 Canada $1,550
15 Mexico $1,144
20 Saudi Arabia $646
State of Georgia, U.S.A $496
25 Belgium $454
30 Venezuela $371
Metro Atlanta, GA, U.S.A. $339
35 Malaysia $296

Metro Atlanta has the lowest relative cost of doing business among the nation’s 10 largest metro areas.

(KPMG, Competitive Alternatives: Guide to International Business Location Costs, 2016)

Government

  • Atlanta is the capital city of Georgia. The Capitol Dome brightens Atlanta’s skyline and is layered in 43 ounces of pure gold that was mined in Dahlonega, Georgia, the site of America’s first “Gold Rush.”

  • The City of Atlanta is governed by a mayor and a 15-member city council that is managed by the council president.

  • The 29 counties that make up metro Atlanta are individually governed by boards of commissioners, city councils and mayors.

  • Atlanta’s symbol is the Phoenix, a legendary bird of Egyptian mythology, that rose from its own ashes after the Civil War. The seal of the city bears the Phoenix and the Latin term, “Resurgens,” which means “rising again.” 

Taxes

  • Georgia’s corporate income tax rate is six percent (single factor sales tax apportionment).

  • Georgia’s sales tax base rate is four percent. Counties may add one to three percent as a local option. The City of Atlanta/Fulton County adds four percent as a local option.

  • Georgia’s individual income tax rate is a graduated tax based on an individual’s federal adjusted gross income. The tax rate ranges from one to six percent based on six income brackets.

  • Property tax rates (millage rates) are set locally by each county and city. Real and personal property are assessed at 40 percent of fair market value. 

Quality of Life

Metro Atlanta provides exceptional quality of life while maintaining affordability. Residents enjoy access to arts, culture, sports and nightlife. Metro Atlanta experiences all four seasons with cool winters, warm summers and adequate rainfall.