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Georgia Chamber Economic Competitiveness Redbook 2024

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ECONOMIC COMPETITIVENESS

Redbook 2024


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2024 Redbook

4 02

Highlights

Georgia Chamber Foundation


Georgia Chamber Foundation

Introduction Georgia continues to experience incredible economic success leading to the state being named the top state in the nation in which to do business for an unprecedented tenth consecutive year. Over the last five years this economic growth has meant 268,000 jobs and $134 billion dollars invested in every corner of the state. This tremendous growth has created significant opportunities for Georgians, however risks ahead must be monitored. Technology and digitization trends have accelerated significantly and workforce shortages, as well as skills shortages, remain persistent and pervasive challenges. Looking to the state’s infrastructure, significant investments are needed in our freight and logistics system to keep up with current and future growth. And housing stock shortages continue to negatively impact homeownership. The state’s regulatory environment remains a top priority for the business community as lawsuit abuse continues to constrain economic opportunity, especially for small businesses. As economic uncertainty continues at the national level, maintaining a predictable, fiscally responsible tax structure becomes even more important to drive investment and growth. Winning the war for talent, developing infrastructure of the future, and creating a more dynamic, diverse economy remain the key priorities to build the New Georgia Economy. Ensuring leaders across the state have specialized data is integral to furthering our economic success, regardless of zip code. This imperative created the need for a more strategic and data-driven approach to solving our most significant challenges and serves as the impetus for producing our second edition of the Economic Competitiveness Redbook. 1


2024 Redbook

Highlights

Highlights from the 2024 Economic Competitiveness Redbook include:

ECONOMIC OVERVIEW

FUTURE OF TALENT

Georgia’s population is robust, making it the 8th most populous state with the majority of Georgians in prime working ages, 25 to 44 years old.

Georgia continues to be a leader in job growth. The state ranks 7th in terms of job growth of non-agriculture employment, ahead of most southern states.

By 2050, the state is projected to grow to 13,390,283, an increase of nearly 2.5 million individuals. The state continues to become more diverse, and by 2050 67% of the population will be people of color. The state has experienced strong economic growth evidenced by being ranked 11th for GDP growth and Georgia continues to be ranked 8th nationally for its tax burden keeping the state competitive. Additional attention needs to be directed to improving the state’s labor force participation rate. Georgia ranks 42nd nationally and falls behind some of our Southern competitor states. Currently, nearly 40% of working age Georgians are not engaged in the workforce.

2

Additionally, Georgia ranks 14th in growth of high-tech employment and ranks 11th for the number of STEM doctorates. These are important indicators of our strong talent base. However, there are concerns related to our K-12 learners. Literacy rates vary significantly depending the community you live in. Lower proficiency in literacy exists in communities outside of Atlanta, with the lowest rates in rural communities. Nationally, Georgia falls behind North Carolina, Florida, and Texas. Georgia ranks 35th nationally when assessing the share of children living in households that are burdened by high housing costs. This is an increase over previous years with 29% of children in the state now being in high-housing cost burden households.


Georgia Chamber Foundation

FOR THE PURPOSES OF THIS PUBLICATION, GEORGIA COUNTIES ARE DIVIDED AS FOLLOWS: Metro Atlanta: 11 counties clustered around Atlanta job centers. These include: Cobb, Cherokee, Clayton, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Henry, and Rockdale. Hub Counties: 13 counties that serve as job hubs across the state. These include: Macon-Bibb, Columbia, Chatham, Athens-Clarke, Dougherty, Floyd, Glynn, Hall, Houston, Muscogee, Lowndes, Augusta-Richmond, and Whitfield. Rural Georgia: The remaining 135 counties are considered rural.

INFRASTRUCTURE OF THE FUTURE The state’s logistics infrastructure continues to be a significant strength. For example, monthly TEU throughput in the port of Savannah has increased more than 25% over the last two years. Additionally, Georgia ranks 4th in terms of growth of jobs in the warehouse sector over the last 5 years. Looking to healthcare which serves as vital infrastructure in communities, there are disparities that exist based on geography. More than 61% of Rural Georgians live in a health professional shortage area on average. Overall, rural Georgia has decreased access to healthcare professionals across the board and have higher rates of chronic conditions.

ECONOMIC COMPETITIVENESS Georgia ranks highly on various metrics related to the creation of new businesses in the state, which is a strong indicator of a dynamic economy. The state ranks 6th nationally for net new businesses created and ranks 3rd in the percent of adults becoming entrepreneurs each month. However, lower national rankings on survival rates demonstrates more resources are needed to help sustain and grow new businesses. Georgia ranks 8th for change in capital invested over the last five years indicating the state continues to attract investment to drive innovation, however the state ranks 35th in Research and Development expenditures per capita proving more investments are needed to fully utilize the state’s innovation ecosystem.

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2024 Redbook

Letter from the Chair

To Our Investors and Partners AS LEADERS OF THE GEORGIA CHAMBER and the Georgia Chamber Foundation, we understand the challenges and opportunities business and community leaders across the state are facing. The data offered here is intended to help make the best decisions for the long-term prosperity of our state. The Georgia Chamber Foundation was created to lead the business community’s efforts to engage in proactive long-term solutions for some of Georgia’s most pressing challenges. By examining long-term trends, the Foundation performs data analysis and develops policy solutions. Our Governmental Affairs Council uses this insight to guide our advocacy and legislative priorities each year before the Georgia General Assembly, in hopes of helping businesses and employees thrive. As the Chamber continues to implement its strategic plan focused on the New Georgia Economy, thoughtful convenings will continue to inform the business community and our partners across the state on how best to capitalize on opportunities and mitigate risks. We are grateful for all the business and community leaders who have engaged in this effort. The Economic Competitiveness Redbook is an extension of this strategic effort to bolster economic growth in our communities and the state as a whole. The 2024 edition delivers abundant data and key takeaways, enabling leaders across the state to understand where Georgia has a competitive advantage and how to best increase our competitiveness. New to the edition is specific information for our rural, hub and Metro Atlanta communities, which provides more tailored insights to enhance decision making. Change is constant and we are excited about future opportunities that change will bring as elected, community and business leaders come together to build a brighter, more prosperous future for all Georgians.

PEDRO CHERRY, CHAIR Georgia Chamber of Commerce 4

STUART COUNTESS, CHAIR Georgia Chamber Foundation


Letter from Staff

Georgia Chamber Foundation

THE GEORGIA CHAMBER OF COMMERCE has helped shape Georgia’s economy for 109 years. Through meaningful partnerships with government, over 200 local chambers and business associations, economic developers, the Georgia Allies, national partners, and over 50,000 Georgia businesses, we successfully advocate for free enterprise, provide valuable small business resources, convene and host meaningful statewide events and programs, and offer insightful business intelligence and policy solutions. All that work is meant to help Georgia businesses address challenges and take advantage of opportunities. Today’s economy warrants a more data-driven, strategic approach, leading to our renewed focus on providing data-rich resources to drive long-term planning and thoughtful decision-making. Our second edition of the annual Economic Competitiveness Redbook provides information regarding Georgia’s current economic state as well as metrics related to the three strategic pillars of the New Georgia Economy. By addressing the War for Talent, generating a competitive economy, and investing in the infrastructure of the future, Georgia will continue to reach new levels of opportunity and prosperity. This publication is produced in concert with quarterly economic updates and events throughout 2024 so that you have the most up-to-date analysis. In February 2024, we will host our Future of Talent at Georgia Tech. We’ll convene for our second Future of Sustainability Summit in June 2024. Our Rural Prosperity Summit will be held in Fall 2024 in Tifton. Our Diversity, Equity and Inclusion Council will host a Women Who Lead event in March 2024, and our annual Summit will be held in November 2024. Please join us for these events to learn from top public and private leaders about how to deliver meaningful solutions in your business and community. The Chamber is also offering private economic briefings and forecasting for your board, executive committees, customers, or members. Of course, you can continue to rely on our team to use data and business best practices to offer proven solutions to our locally elected leaders, the Georgia General Assembly, and statewide elected officials to support economic growth. Most importantly, we will use these insights and data to advocate for legislation and support political candidates at the state and federal level that will work to bolster the economic vitality of each Georgia business and community.

CHRIS CLARK, PRESIDENT & CEO Georgia Chamber of Commerce

DANIELA PERRY, VICE PRESIDENT Georgia Chamber Foundation 5


2024 Redbook

Table of Contents

Table of Contents 02 Highlights from the 2024 Economic Competitivess Redbook 04 Letter from Chair 05 Letter from Georgia Chamber Staff 08 E CONOMIC OVERVIEW 2022 State Population by Age 2022 State Population by Race 2022 County Population by Age 2022 County Population by Race

Number of Low-Income, Working Families with Children by State Number of Children Living in High-Housing Cost Burdened Households Number of Children Whose Parents Lack Secure Employment 2017-2019 by state Children not attending preschool ages 3 to 4

Georgia County Population Projections

2023 High-Tech Employment and Wages by State

Per Capita Personal Income by State

2022 STEM Doctorates Awarded

2022 State and Local Tax Burden by State

New Private Housing Unit Building Permits Authorized

Real Gross Domestic Product by State Labor Force Participation Rate by State Labor Force Participation Rate by County Poverty Rate by State Poverty Rate by County 46 F UTURE OF TALENT Non-Agriculture Employment by State 2022 Educational Attainment of Persons over 25 years old by State 2022 National Assessment of Educational P rogress Reading Assessment Proficiency Rates by State 6

2022 End of Grade Milestones English L anguage Arts and Reading Proficiency Rates by County

Housing Inventory by State 2023 Home Ownership Rates Georgia Monthly Payments by County Georgia Home Sales Price by Region 82 I NFRASTRUCTURE OF THE FUTURE Hartsfield Jackson International Airport, Number of Passengers Georgia Airport Economic Impact by Airport Georgia Port Monthly TEU throughput 2020 Total Rail Miles by State Warehousing Employment by State


Georgia Chamber Foundation

Georgia Warehousing Rental Rates 2022 Electric Generation Capacity by State 2021 Freight Flow by State 2023 Georgia Broadband Service by County

2021 Business Birth and Death Rates by State 2023 Business Climate Rankings by State 2020 Tort Costs by State

2022 Share of Population Living in Health

2023 Average Annual Cost of Auto Insurance by State and Coverage

Professional Shortage Area by County

2022 Manufacturing Industry by State

Georgia Rate of Medical Professionals per 100K Residents Georgia Non-Communicable Diseases by County 114 E CONOMIC COMPETITIVENESS Business’ Share of State and Local Taxes Business Formation Statistics by State

150 R URAL INSIGHTS Population Trends Workforce Trends Key Economic Drivers Actionable Insights 152 H UB INSIGHTS

Business Applications by County

Population Trends

Number of Firms per County

Workforce Trends

2021 Entrepreneur Data by State

Key Economic Drivers

2022 Startups per State

Actionable Insights

Innovation Competitiveness Index by State

154 M ETRO ATLANTA INSIGHTS

2020 U.S. R&D Expenditures by State

Population Trends

2021 Higher Education Research and Development Funding Spend by State

Workforce Trends

Venture Capital Deal Activity and Fundraising by State

Key Economic Drivers Actionable Insights

2020 Economic Dynamism Rankings by State 7


2024 Redbook

01.

Economic Overview

Economic Overview

Population demographic information, including historical data and projections, are featured here alongside major economic indicators such as labor force participation rate and gross domestic product to provide an overview of the state’s economy.

• TABLE 1 2022 State Population by Age • TABLE 2 2022 State Population by Race • TABLE 3 2022 County Population by Age • TABLE 4 2022 County Population by Race • TABLE 5 Georgia County Population Projections 8


Georgia Chamber Foundation

• TABLE 6 Per Capita Personal Income by State • TABLE 7 2022 State and Local Tax Burden by State • TABLE 8 Real Gross Domestic Product by State • TABLE 9 Labor Force Participation Rate by State • TABLE 10 Labor Force Participation Rate by County • TABLE 11 Poverty Rate by State • TABLE 12 Poverty Rate by County

9


Economic Overview

Table 1

2022 State Population by Age Georgia’s population is just shy of 11 million individuals and the largest share by age is individuals 25 to 44 years old.

State

Total Population*

0 to 14

15 to 24

25 to 44

45 to 64

65+

United States

333,287,562

59,348,727

44,231,698

89,280,908

82,603,914

57,822,315

Alabama

5,074,296

914,179

685,193

1,284,568

1,277,343

913,013

Alaska

733,583

147,312

97,053

218,811

168,933

101,474

Arizona

7,359,197

1,295,323

1,010,218

1,945,161

1,726,541

1,381,954

Arkansas

3,045,637

574,607

413,406

773,517

745,265

538,842

California

39,029,342

6,953,994

5,208,575

11,139,847

9,568,024

6,158,902

Colorado

5,839,926

990,413

765,509

1,776,297

1,392,046

915,661

Connecticut

3,626,205

591,835

489,182

910,823

970,653

663,712

Delaware

1,018,396

171,481

122,874

255,870

255,991

212,180

District of Columbia

671,803

107,861

84,711

256,474

135,403

87,354

Florida

22,244,823

3,524,529

2,615,884

5,583,260

5,726,736

4,794,414

Georgia

10,912,876

2,045,384

1,534,512

2,953,047

2,735,658

1,644,275

Hawaii

1,440,196

249,432

166,921

382,222

346,967

294,654

Idaho

1,939,033

379,359

279,496

506,446

444,202

329,530

Illinois

12,582,032

2,217,701

1,671,492

3,363,086

3,164,813

2,164,940

Indiana

6,833,037

1,283,942

964,635

1,753,096

1,673,938

1,157,426

Iowa

3,200,517

588,156

452,850

806,739

763,893

588,879

Kansas

2,937,150

566,425

425,834

759,948

678,601

506,342

Kentucky

4,512,310

825,581

595,230

1,156,482

1,143,904

791,113

Louisiana

4,590,241

871,735

622,385

1,203,366

1,112,694

780,061

Maine

1,385,340

200,576

154,623

335,875

381,373

312,893

Maryland

6,164,660

1,109,318

769,126

1,645,164

1,598,273

1,042,779

Massachusetts

6,981,974

1,088,788

945,802

1,875,912

1,811,372

1,260,100

Michigan

10,034,118

1,723,736

1,331,430

2,534,581

2,566,809

1,877,562

Minnesota

5,717,184

1,060,745

737,874

1,524,435

1,399,083

995,047

Mississippi

2,940,057

551,683

425,052

731,412

718,726

513,184

Missouri

6,177,957

1,119,713

822,234

1,603,512

1,519,362

1,113,136

Montana

1,122,867

192,537

144,892

292,381

266,921

226,136

Nebraska

1,967,923

389,891

277,938

514,891

450,306

334,897

Nevada

3,177,772

565,358

388,562

897,216

788,145

538,491

New Hampshire

1,395,231

201,717

168,734

354,052

388,745

281,983 continued →

10


2022 State Population by Age

Georgia Chamber Foundation

State

Total Population*

0 to 14

15 to 24

25 to 44

45 to 64

65+

New Jersey

9,261,699

1,632,934

1,146,542

2,417,541

2,452,956

1,611,726

New Mexico

2,113,344

369,530

290,685

549,708

498,637

404,784

New York

19,677,151

3,287,173

2,497,737

5,299,044

5,028,601

3,564,596

North Carolina

10,698,973

1,884,076

1,442,777

2,797,113

2,708,393

1,866,614

North Dakota

779,261

151,594

112,881

219,211

165,282

130,293

Ohio

11,756,058

2,100,552

1,524,577

3,014,499

2,947,765

2,168,665

Oklahoma

4,019,800

785,458

573,201

1,067,479

931,666

661,996

Oregon

4,240,137

679,003

517,204

1,190,196

1,037,020

816,714

Pennsylvania

12,972,008

2,149,733

1,670,531

3,300,893

3,311,797

2,539,054

Rhode Island

1,093,734

165,678

149,865

288,901

283,173

206,117

South Carolina

5,282,634

918,184

699,528

1,331,582

1,324,722

1,008,618

South Dakota

909,824

181,212

122,877

227,183

212,643

165,909

Tennessee

7,051,339

1,264,150

919,079

1,873,203

1,776,943

1,217,964

Texas

30,029,572

6,125,652

4,306,537

8,568,279

6,992,019

4,037,085

Utah

3,380,800

760,417

577,471

955,993

683,220

403,699

Vermont

647,064

92,605

86,816

157,694

170,122

139,827

Virginia

8,683,619

1,533,350

1,171,487

2,337,442

2,179,298

1,462,042

Washington

7,785,786

1,359,163

956,414

2,291,935

1,869,132

1,309,142

West Virginia

1,775,156

286,505

226,085

423,758

462,646

376,162

Wisconsin

5,892,539

1,012,031

792,008

1,476,722

1,509,392

1,102,386

Wyoming

581,381

106,416

75,169

154,041

137,767

107,988

*Discrepancies in totals may be due to differing sources between county and state level data Sourced from the Census Bureau 2022 1 year American Community Survey

Georgia is the 8th most populous state in the nation just behind North Carolina.

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Economic Overview

Table 2

2022 State Population by Race White individuals make up the largest share of Georgia’s population, followed by African Americans. However, by 2050, Georgia’s share of non-white individuals is projected to increase from just over 40% to almost 67% meaning the state will become much more diverse in years to come.

White

Black or African American

American Indian & Alaska Native

Asian

Native Hawaiian & Other Pacific Islander

Some Other Race

States

Total Population*

Two or More Races

United States

333,287,562

41,782,289

202,889,017

40,603,656

3,205,331

19,696,980

665,807

24,444,482

Alabama

5,074,296

259,334

3,302,528

1,302,035

24,400

78,893

4,977

102,129

Alaska

733,583

104,307

437,533

22,202

95,268

46,184

14,724

13,365

Arizona

7,359,197

1,429,843

4,254,015

340,760

301,909

266,441

15,099

751,130

Arkansas

3,045,637

327,538

2,103,849

437,331

22,250

48,921

14,229

91,519

California

39,029,342

7,416,691

15,175,598

2,121,422

504,589

6,054,038

159,920

7,597,084

Colorado

5,839,926

854,414

4,106,707

235,519

71,351

190,181

6,916

374,838

Connecticut

3,626,205

414,363

2,357,855

380,229

10,269

175,069

1,214

287,206

Delaware

1,018,396

97,900

610,378

224,761

3,670

41,501

86

40,100

District of Columbia

671,803

68,567

257,963

282,578

3,130

27,961

836

30,768

Florida

22,244,823

4,252,410

12,445,576

3,345,420

90,848

640,512

12,446

1,457,611

Georgia

10,912,876

908,731

5,594,859

3,384,201

55,227

485,027

8,466

476,365

Hawaii

1,440,196

412,822

319,118

26,010

4,100

506,753

143,444

27,949

Idaho

1,939,033

190,172

1,588,044

12,689

24,880

26,027

3,266

93,955

Illinois

12,582,032

1,367,426

7,683,527

1,689,724

86,968

754,911

7,352

992,124

Indiana

6,833,037

478,032

5,297,623

637,617

23,265

173,672

2,572

220,256

Iowa

3,200,517

205,363

2,702,598

121,447

11,718

75,649

8,663

75,079

Kansas

2,937,150

294,243

2,241,911

153,771

26,522

85,951

5,050

129,702

Kentucky

4,512,310

272,024

3,749,247

347,039

7,860

62,873

3,502

69,765

Louisiana

4,590,241

314,891

2,646,226

1,428,423

27,069

81,705

2,400

89,527

Maine

1,385,340

72,552

1,258,198

22,106

7,035

16,274

221

8,954

Maryland

6,164,660

503,236

2,983,674

1,823,687

26,649

404,207

3,088

420,119

Massachusetts

6,981,974

744,808

4,800,968

495,214

19,707

504,908

1,825

414,544

Michigan

10,034,118

712,970

7,422,249

1,325,693

46,016

337,376

2,454

187,360

Minnesota

5,717,184

382,788

4,415,751

398,326

54,420

295,892

2,821

167,186

Mississippi

2,940,057

135,273

1,638,190

1,075,313

13,939

25,575

684

51,083 continued →

12


2022 State Population by Race

Georgia Chamber Foundation

White

Black or African American

American Indian & Alaska Native

Asian

Native Hawaiian & Other Pacific Islander

Some Other Race

States

Total Population*

Two or More Races

Missouri

6,177,957

449,757

4,796,965

661,117

16,919

135,056

7,691

110,452

Montana

1,122,867

76,540

955,850

3,663

60,257

7,952

1,612

16,993

Nebraska

1,967,923

174,275

1,543,454

92,208

19,656

49,557

1,239

87,534

Nevada

3,177,772

563,158

1,561,784

297,866

46,997

290,678

21,966

395,323

New Hampshire

1,395,231

90,680

1,221,437

19,004

1,697

36,649

848

24,916

New Jersey

9,261,699

1,127,281

5,008,587

1,169,436

43,680

934,091

1,988

976,636

New Mexico

2,113,344

534,343

979,928

45,057

194,411

38,315

1,974

319,316

New York

19,677,151

1,984,459

10,866,983

2,827,785

123,698

1,791,490

8,842

2,073,894

North Carolina

10,698,973

850,372

6,650,422

2,182,651

117,734

345,105

10,468

542,221

North Dakota

779,261

40,820

648,124

25,514

34,458

12,314

2,745

15,286

Ohio

11,756,058

767,339

9,059,267

1,414,910

20,929

294,792

3,799

195,022

Oklahoma

4,019,800

577,962

2,619,684

274,248

300,613

93,783

7,954

145,556

Oregon

4,240,137

502,823

3,160,419

82,820

51,735

194,510

17,136

230,694

Pennsylvania

12,972,008

936,216

9,655,892

1,361,224

34,687

491,661

3,206

489,122

Rhode Island

1,093,734

132,379

770,878

60,402

4,457

38,734

140

86,744

South Carolina

5,282,634

337,109

3,361,662

1,325,020

20,380

90,557

2,301

145,605

South Dakota

909,824

57,645

735,501

18,098

68,481

12,931

796

16,372

Tennessee

7,051,339

485,050

5,150,306

1,098,360

14,856

133,729

5,882

163,156

Texas

30,029,572

7,160,354

14,293,026

3,620,288

247,149

1,638,936

35,954

3,033,865

Utah

3,380,800

298,071

2,678,510

37,613

34,434

84,324

37,340

210,508

Vermont

647,064

35,485

588,046

6,320

1,296

11,711

59

4,147

Virginia

8,683,619

800,629

5,226,121

1,620,131

26,104

610,671

7,799

392,164

Washington

7,785,786

979,705

5,129,500

309,488

99,306

762,339

54,087

451,361

West Virginia

1,775,156

83,521

1,603,362

60,797

2,826

13,437

145

11,068

Wisconsin

5,892,539

467,358

4,737,427

352,022

44,394

173,310

2,732

115,296

Wyoming

581,381

48,260

491,697

4,097

11,118

3,847

849

21,513

*Discrepancies in totals may be due to differing sources between county and state level data Sourced from the Census Bureau 2022 1 year American Community Survey

13


Economic Overview

Table 3

2022 County Population by Age The largest share of population by age across the state of Georgia, and in Metro Atlanta and Hub communities are those 25 to 44. The largest population share in Rural Georgia is 45 to 64.

County

Total Population*

0 to 14

15 to 24

25 to 44

45 to 64

65+

United States

333,287,562

59,348,727

44,231,698

89,280,908

82,603,914

57,822,315

Georgia

10,922,820

2,044,719

1,481,463

2,941,325

2,740,203

1,715,110

Rural Georgia

3,830,553

706,981

504,710

958,818

968,286

691,758

Hub Georgia

2,017,398

381,066

294,756

549,108

462,919

329,549

Metro Atlanta

5,074,869

956,672

681,997

1,443,399

1,308,998

693,803

Appling

18,416

3,645

2,338

4,278

4,577

3,578

Atkinson

8,375

1,748

1,108

2,180

2,117

1,222

Bacon

11,217

2,321

1,466

2,692

2,698

2,040

Baker

2,964

459

300

618

776

811

Baldwin

45,306

6,764

8,821

11,109

10,409

8,203

Banks

19,647

3,278

2,394

4,725

5,352

3,898

Barrow

88,194

17,831

11,395

24,751

21,597

12,620

Bartow

111,431

20,799

13,998

29,142

29,500

17,992

Ben Hill

16,742

3,292

2,109

3,938

4,156

3,247

Berrien

19,590

3,688

2,424

4,711

5,047

3,720

Bibb

153,625

30,226

21,787

39,566

35,368

26,678

Bleckley

12,971

2,074

2,363

2,945

3,164

2,425

Brooks

19,402

3,563

2,368

4,567

5,247

3,657

Brantley

15,471

2,745

1,706

3,483

4,182

3,355

Bryan

42,443

10,483

5,201

12,874

9,161

4,724

Bulloch

82,244

13,752

18,987

22,661

16,255

10,589

Burke

22,884

4,651

2,967

5,385

5,715

4,166

Butts

25,846

4,307

3,304

7,174

6,761

4,300

Calhoun

6,236

827

786

1,900

1,626

1,097

Camden

56,144

11,281

7,725

16,343

12,069

8,726

Candler

11,150

2,243

1,430

2,521

2,722

2,234 continued →

14


2022 County Population by Age

Georgia Chamber Foundation

County

Total Population*

0 to 14

15 to 24

25 to 44

45 to 64

65+

Carroll

123,929

23,740

20,871

31,529

29,597

18,192

Catoosa

68,888

12,143

8,249

16,742

18,540

13,214

Charlton

13,499

1,984

1,499

4,220

3,462

2,334

Chatham

295,759

51,077

39,748

84,685

67,568

52,681

Chattahoochee

10,805

2,279

2,333

4,617

1,001

575

Chattooga

24,686

4,566

2,940

5,974

6,517

4,689

Cherokee

272,840

48,989

35,333

67,126

74,860

46,532

Clarke

130,247

18,969

30,124

41,146

23,397

16,611

Clay

2,861

458

297

599

650

857

Clayton

299,405

65,934

43,165

85,234

71,168

33,904

Clinch

6,482

1,346

803

1,555

1,657

1,121

Cobb

779,374

140,336

101,588

218,855

203,922

114,673

Coffee

43,686

8,707

5,955

11,890

10,478

6,656

Colquitt

46,004

9,452

6,148

11,573

10,969

7,862

Columbia

164,598

32,123

21,091

44,802

40,452

26,130

Cook

17,452

3,490

2,306

4,170

4,382

3,104

Coweta

155,642

27,948

20,159

38,836

42,976

25,723

Crawford

12,134

1,932

1,256

2,716

3,702

2,528

Crisp

22,067

4,129

2,762

5,112

5,419

4,645

Dade

16,007

2,502

2,225

3,673

4,165

3,442

Dawson

28,346

4,497

3,161

6,877

7,752

6,059

Decatur

26,695

5,343

3,439

6,545

6,542

4,826

Dekalb

776,792

148,827

91,298

234,783

189,309

112,575

Dodge

20,478

3,146

2,357

5,171

5,643

4,161

Dooly

13,101

1,692

1,441

3,269

3,655

3,044

Dougherty

85,570

16,790

13,502

20,764

19,398

15,116

Douglas

150,914

29,503

21,563

38,905

40,589

20,354

Early

10,094

1,986

1,315

2,196

2,529

2,068

Echols

4,093

895

532

1,043

1,009

614

Effingham

68,019

14,254

8,682

18,680

17,062

9,341

Elbert

19,405

3,453

2,174

4,540

4,885

4,353

Emanual

22,701

4,598

3,033

5,769

5,279

4,022

Evans

10,621

2,240

1,412

2,586

2,604

1,779

Fannin

26,422

3,285

2,455

4,784

7,225

8,673

Fayette

118,739

20,536

15,921

24,665

33,229

24,388

Floyd

99,310

18,237

13,985

24,971

24,478

17,639

Forsyth

264,936

54,870

34,562

66,959

74,267

34,278

Franklin

24,005

4,223

3,222

5,523

6,161

4,876

Fulton

1,105,574

184,939

150,993

353,726

273,797

142,119

Gilmer

32,170

4,919

3,157

6,298

8,723

9,073 continued →

15


Economic Overview

Table 3

County

Total Population*

0 to 14

15 to 24

25 to 44

45 to 64

65+

Glascock

3,033

521

384

656

851

621

Glynn

86,030

14,433

10,350

19,990

21,759

19,498

Gorden

59,365

10,975

7,975

14,926

15,597

9,892

Grady

24,637

4,924

3,068

5,612

6,120

4,913

Greene

19,126

2,843

1,842

3,667

4,719

6,055

Gwinnett

966,057

196,165

139,612

257,081

255,096

118,103

Habersham

46,815

8,437

6,356

11,383

11,675

8,964

Hall

212,019

40,730

28,949

52,798

52,866

36,676

Hancock

8,442

1,002

869

2,207

2,223

2,141

Haralson

30,877

5,995

3,774

8,019

7,984

5,105

Harris

37,003

6,055

4,430

8,292

10,406

7,820

Hart

26,559

4,349

2,980

5,825

6,994

6,411

Heard

12,069

2,129

1,486

2,896

3,273

2,285

Henry

248,293

49,136

35,585

63,978

67,458

32,136

Houston

162,690

33,128

21,609

45,180

39,243

23,530

Irwin

9,437

1,603

1,199

2,556

2,291

1,788

Jackson

80,152

16,354

9,423

22,297

20,109

11,969

Jasper

14,713

2,656

1,803

3,348

4,021

2,885

Jeff Davis

15,360

3,247

1,993

3,651

3,900

2,569

Jefferson

15,269

2,837

1,923

3,697

3,796

3,016

Jenkins

8,756

1,443

1,181

2,407

2,219

1,506

Johnson

9,703

1,489

1,079

2,511

2,594

2,030

Jones

28,866

5,023

3,705

6,806

7,716

5,616

Lamar

19,458

3,300

3,204

4,578

4,934

3,442

Lanier

10,997

2,146

1,393

2,986

2,694

1,778

Laurens

47,894

9,514

5,988

11,541

11,619

9,232

Lee

30,724

6,172

4,174

8,189

7,677

4,512

Liberty

63,317

15,309

10,755

19,875

10,771

6,607

Lincoln

8,004

1,218

769

1,743

2,132

2,142

Long

20,694

4,535

2,712

6,156

4,882

2,409

Lowndes

120,381

24,637

23,770

31,704

23,988

16,282

Lumpkin

34,565

4,801

6,864

8,017

8,014

6,869

Macon

12,484

1,847

1,496

3,471

3,220

2,450

Madison

30,927

5,721

3,656

7,533

8,089

5,928

Marion

8,594

1,426

992

1,844

2,405

1,927

McDuffie

21,302

4,300

2,669

4,879

5,258

4,196

McIntosh

14,302

1,754

1,292

2,834

4,033

4,389

Meriwether

20,974

3,568

2,372

4,730

5,718

4,586

Miller

5,587

1,054

607

1,214

1,416

1,296

Mitchell

21,409

3,881

2,537

5,487

5,692

3,812 continued →

16


2022 County Population by Age

Georgia Chamber Foundation

County

Total Population*

0 to 14

15 to 24

25 to 44

45 to 64

65+

Monroe

28,256

4,670

3,290

6,692

7,771

5,833

Montgomery

9,042

1,455

1,309

2,238

2,290

1,750

Morgan

19,834

3,534

2,358

4,427

5,179

4,336

Murray

40,245

7,612

5,195

9,970

10,985

6,483

Muscogee

198,690

40,985

26,404

57,851

43,550

29,900

Newton

117,080

24,127

16,784

29,397

30,435

16,337

Oconee

42,478

8,081

6,021

9,292

11,431

7,653

Oglethorpe

15,826

2,592

1,749

3,806

4,277

3,402

Paulding

181,267

37,423

23,321

49,952

49,085

21,486

Peach

28,242

4,917

4,602

6,737

6,935

5,051

Pickens

33,502

5,082

3,670

7,314

9,218

8,218

Pierce

19,695

3,971

2,392

4,744

5,068

3,520

Pike

19,437

3,388

2,589

4,637

5,383

3,440

Polk

43,232

8,938

5,548

10,875

10,819

7,052

Pulaski

11,082

1,512

1,254

2,707

2,919

2,690

Putnam

22,561

3,529

2,378

4,651

6,000

6,003

Quitman

2,261

334

200

375

605

747

Rabun

17,284

2,266

1,704

3,501

4,628

5,185

Randolph

6,602

1,083

814

1,333

1,586

1,786

Richmond

203,888

38,732

28,390

58,776

45,382

32,608

Rockdale

91,945

17,437

12,377

22,087

25,303

14,741

Schley

5,263

934

724

1,123

1,483

999

Screven

14,056

2,412

1,535

3,387

3,716

3,006

Seminole

8,084

1,326

923

1,698

2,098

2,039

Spalding

68,166

13,011

8,214

17,167

16,198

13,576

Stephens

26,135

4,887

3,407

5,897

6,514

5,430

Stewart

6,666

575

789

2,927

1,330

1,045

Sumter

28,827

5,309

5,031

6,470

6,786

5,231

Talbot

6,086

813

568

1,225

1,769

1,711

Taliaferro

1,536

211

138

308

440

439

Tattnall

25,544

4,141

3,318

7,547

6,388

4,150

Taylor

7,990

1,276

875

1,728

2,339

1,772

Telfair

15,721

2,000

1,636

4,795

4,091

3,199

Terrell

8,469

1,553

1,044

2,004

2,072

1,796

Thomas

44,417

8,711

5,216

10,622

11,260

8,608

Tift

41,186

8,423

6,096

10,430

9,436

6,801

Toombs

26,974

5,858

3,478

6,504

6,365

4,769

Towns

12,358

1,349

1,894

1,861

2,761

4,493

Treutlen

6,849

1,278

899

1,766

1,638

1,268

Troup

70,831

13,791

9,653

18,274

17,344

11,769 continued →

17


Economic Overview

Table 3

County

Total Population*

0 to 14

15 to 24

25 to 44

45 to 64

65+

Turner

7,802

1,602

1,028

1,880

1,803

1,489

Twiggs

8,060

1,247

811

1,693

2,293

2,016

Union

25,546

3,041

2,259

4,277

6,666

9,303

Upson

26,740

4,946

3,109

6,337

6,959

5,389

Walker

70,913

12,298

7,754

17,697

18,945

14,219

Walton

99,692

18,460

13,082

24,289

26,083

17,778

Ware

36,200

7,344

4,495

9,075

8,523

6,763

Warren

5,150

833

533

1,117

1,470

1,197

Washington

20,150

3,455

2,418

5,186

5,192

3,899

Wayne

30,142

5,906

3,531

7,992

7,602

5,111

Webster

2,593

364

329

466

796

638

Wheeler

7,787

1,020

994

2,529

1,967

1,277

White

31,460

4,707

4,044

6,638

8,196

7,875

Whitfield

104,591

20,999

15,047

26,875

25,470

16,200

Wilcox

8,499

1,291

1,006

2,424

2,112

1,666

Wilkes

9,672

1,624

1,037

1,991

2,649

2,371

Wilkinson

8,633

1,538

994

1,894

2,347

1,860

Worth

20,051

3,547

2,347

4,635

5,284

4,238

*Discrepancies in totals may be due to differing sources between county and state level data Sourced from the Governor’s Office of Planning and Budget

Individuals over 65 are the fastest growing population group in the state. Sourced from McKinsey and Company, Investing in Georgia today for the economy of tomorrow Report

18


Economic Overview

Table 4

Georgia Chamber Foundation

2022 County Population by Race White individuals continue to make up the largest share of the state’s current population. Similarly, every community type has White individuals as the largest share of their population.

County

Total Population*

Black

Hispanic

Other

White

United States

333,287,562

40,603,656

63,553,639**

65,623,407**

202,889,017

Georgia

10,922,820

3,494,043

1,107,671

743,479

5,577,627

Rural Georgia

3,830,553

869,019

271,629

129,096

2,560,809

Hub Georgia

2,017,398

697,876

221,135

99,000

999,387

Metro Atlanta

5,074,869

1,927,148

614,907

515,383

2,017,431

Appling

18,416

3,500

1,869

467

12,580

Atkinson

8,375

1,272

2,292

233

4,578

Bacon

11,217

1,841

998

284

8,094

Baker

2,964

1,238

187

100

1,439

Baldwin

45,306

19,179

1,138

1,435

23,554

Banks

19,647

515

1,514

566

17,052

Barrow

88,194

11,347

11,379

5,619

59,849

Bartow

111,431

12,088

10,722

3,775

84,846

Ben Hill

16,742

6,190

1,113

433

9,006

Berrien

19,590

2,114

1,162

537

15,777

Bibb

153,625

86,296

5,839

6,004

55,486

Bleckley

12,971

3,574

413

319

8,665

Brooks

19,402

701

466

471

17,764

Brantley

15,471

5,439

985

510

8,537

Bryan

42,443

6,219

3,647

2,576

30,001

Bulloch

82,244

24,103

3,775

2,894

51,472

Burke

22,884

10,610

804

627

10,843

Butts

25,846

7,228

969

646

17,003

Calhoun

6,236

3,784

321

138

1,993

Camden

56,144

10,327

4,111

2,963

38,743

Candler

11,150

2,862

1,377

225

6,686

Carroll

123,929

24,314

9,329

4,495

85,791

Catoosa

68,888

1,993

2,276

2,655

61,964 continued →

19


Table 4

Economic Overview

County

Total Population*

Black

Hispanic

Other

White

Charlton

13,499

3,974

787

571

8,167

Chatham

295,759

120,212

20,078

15,837

139,632

Chattahoochee

10,805

1,920

1,977

895

6,013

Chattooga

24,686

2,364

1,456

650

20,216

Cherokee

272,840

19,347

30,518

11,663

211,312

Clarke

130,247

35,983

14,288

7,952

72,024

Clay

2,861

1,729

53

72

1,007

Clayton

299,405

212,960

40,425

21,091

24,929

Clinch

6,482

1,671

412

187

4,212

Cobb

779,374

216,557

105,611

63,226

393,980

Coffee

43,686

12,507

5,375

1,063

24,741

Colquitt

46,004

10,821

9,376

1,000

24,807

Columbia

164,598

30,227

12,019

12,753

109,599

Cook

17,452

4,868

1,148

443

10,993

Coweta

155,642

28,018

11,343

6,700

109,581

Crawford

12,134

2,500

472

377

8,785

Crisp

22,067

9,942

888

559

10,678

Dade

16,007

222

393

550

14,842

Dawson

28,346

312

1,621

801

25,612

Decatur

26,695

11,325

1,769

616

12,985

Dekalb

776,792

415,260

67,304

67,944

226,284

Dodge

20,478

6,107

827

469

13,075

Dooly

13,101

6,415

980

241

5,465

Dougherty

85,570

61,152

2,764

2,014

19,640

Douglas

150,914

74,959

16,146

6,477

53,332

Early

10,094

5,245

245

257

4,347

Echols

4,093

222

1,230

164

2,477

Effingham

68,019

9,733

3,575

2,433

52,278

Elbert

19,405

5,496

1,205

501

12,203

Emanual

22,701

7,808

1,123

521

13,249

Evans

10,621

3,183

1,248

266

5,924

Fannin

26,422

188

711

618

24,905

Fayette

118,739

31,146

9,442

9,117

69,034

Floyd

99,310

14,370

12,133

3,607

69,200

Forsyth

264,936

11,949

25,361

55,482

172,144

Franklin

24,005

2,157

1,358

866

19,624

Fulton

1,105,574

484,051

77,498

114,018

430,007

Gilmer

32,170

197

4,092

635

27,246

Glascock

3,033

272

59

71

2,631

Glynn

86,030

22,603

6,122

3,088

54,217

Gorden

59,365

2,356

10,110

1,828

45,071

Grady

24,637

6,930

3,018

601

14,088 continued →

20


2022 County Population by Race

Georgia Chamber Foundation

County

Total Population*

Black

Hispanic

Other

White

Greene

19,126

6,137

1,274

511

11,204

Gwinnett

966,057

275,829

213,676

147,942

328,610

Habersham

46,815

1,641

7,986

1,939

35,249

Hall

212,019

15,404

62,933

7,644

126,038

Hancock

8,442

5,909

253

204

2,076

Haralson

30,877

1,334

735

908

27,900

Harris

37,003

5,835

1,537

1,347

28,284

Hart

26,559

4,998

1,040

781

19,740

Heard

12,069

1,141

343

352

10,233

Henry

248,293

128,939

19,388

14,575

85,391

Houston

162,690

53,486

11,192

10,194

87,818

Irwin

9,437

2,610

400

175

6,252

Jackson

80,152

5,693

7,553

3,337

63,569

Jasper

14,713

2,691

610

324

11,088

Jeff Davis

15,360

2,242

2,084

340

10,694

Jefferson

15,269

7,924

606

296

6,443

Jenkins

8,756

3,588

586

199

4,383

Johnson

9,703

3,359

276

175

5,893

Jones

28,866

7,314

560

675

20,317

Lamar

19,458

5,614

560

583

12,701

Lanier

10,997

2,363

821

460

7,353

Laurens

47,894

17,993

1,402

1,310

27,189

Lee

30,724

7,211

1,020

1,269

21,224

Liberty

63,317

27,449

8,112

4,314

23,442

Lincoln

8,004

2,285

171

219

5,329

Long

20,694

5,526

2,381

1,204

11,583

Lowndes

120,381

45,164

7,626

5,235

62,356

Lumpkin

34,565

521

1,793

1,048

31,203

Macon

12,484

7,487

586

346

4,065

Madison

30,927

2,890

2,086

1,233

24,718

Marion

8,594

2,547

708

298

5,041

McDuffie

21,302

8,777

764

619

11,142

McIntosh

14,302

4,727

359

337

8,879

Meriwether

20,974

7,881

604

602

11,887

Miller

5,587

1,529

182

149

3,727

Mitchell

21,409

10,142

1,101

487

9,679

Monroe

28,256

6,166

737

745

20,608

Montgomery

9,042

2,282

676

181

5,903

Morgan

19,834

4,151

666

486

14,531

Murray

40,245

372

6,468

767

32,638

Muscogee

198,690

92,572

16,148

12,175

77,795

Newton

117,080

57,226

7,579

4,169

48,106 continued →

21


Table 4

Economic Overview

County

Total Population*

Black

Hispanic

Other

White

Oconee

42,478

2,020

2,446

2,507

35,505

Oglethorpe

15,826

2,648

890

512

11,776

Paulding

181,267

42,669

14,173

6,834

117,591

Peach

28,242

12,475

2,364

905

12,498

Pickens

33,502

382

1,134

869

31,117

Pierce

19,695

1,632

1,013

554

16,496

Pike

19,437

1,688

359

450

16,940

Polk

43,232

5,283

6,155

1,150

30,644

Pulaski

11,082

3,518

413

362

6,789

Putnam

22,561

5,874

1,497

471

14,719

Quitman

2,261

1,053

41

60

1,107

Rabun

17,284

248

1,389

518

15,129

Randolph

6,602

4,023

183

102

2,294

Richmond

203,888

116,603

10,953

9,438

66,894

Rockdale

91,945

56,151

9,538

3,848

22,408

Schley

5,263

1,055

319

126

3,763

Screven

14,056

5,687

380

337

7,652

Seminole

8,084

2,679

313

198

4,894

Spalding

68,166

24,231

3,598

2,074

38,263

Stephens

26,135

2,630

1,120

1,118

21,267

Stewart

6,666

2,648

2,302

277

1,439

Sumter

28,827

15,227

1,813

784

11,003

Talbot

6,086

3,307

188

136

2,455

Taliaferro

1,536

818

70

63

585

Tattnall

25,544

7,227

3,269

529

14,519

Taylor

7,990

2,913

227

207

4,643

Telfair

15,721

5,352

2,460

299

7,610

Terrell

8,469

4,989

278

186

3,016

Thomas

44,417

16,013

1,729

1,211

25,464

Tift

41,186

12,542

5,258

1,283

22,103

Toombs

26,974

7,119

3,189

673

15,993

Towns

12,358

135

383

295

11,545

Treutlen

6,849

2,073

244

132

4,400

Troup

70,831

25,847

2,815

3,192

38,977

Turner

7,802

3,045

389

230

4,138

Twiggs

8,060

3,180

247

203

4,430

Union

25,546

218

977

523

23,828

Upson

26,740

7,486

680

747

17,827

Walker

70,913

3,038

1,974

1,989

63,912

Walton

99,692

18,846

5,280

3,650

71,916

Ware

36,200

10,920

1,658

1,301

22,321

Warren

5,150

2,934

115

112

1,989 continued →

22


2022 County Population by Race

Georgia Chamber Foundation

County

Total Population*

Black

Hispanic

Other

White

Washington

20,150

10,776

561

383

8,430

Wayne

30,142

5,861

2,020

934

21,327

Webster

2,593

1,087

136

55

1,315

Wheeler

7,787

2,919

426

149

4,293

White

31,460

595

1,097

830

28,938

Whitfield

104,591

3,804

39,040

3,059

58,688

Wilcox

8,499

2,881

409

229

4,980

Wilkes

9,672

3,897

549

286

4,940

Wilkinson

8,633

3,235

280

236

4,882

Worth

20,051

5,621

502

513

13,415

Georgia data sourced from the Governor’s Office of Planning and Budget U.S. data sourced from the Census Bureau 2022 ACS 1 year survey *Discrepencies in totals may be due to Hispanic as an ethnicity overlayed with the other race categories, and differing sources between county and state level data **Categories provided as by OPB. U.S. number in ‘other’ cateogory includes American Indian, Asian, Native Hawaiian and ‘Two or More Races’ as provided by the Census.

By 2040, the greatest growth in population will be that of Hispanic individuals. Source: Georgia Chamber Analysis of Governor’s Office of Planning and Budget Population Projection Data

23


Economic Overview

Table 5

Georgia County Population Projections On average, the greatest population growth will occur in Metro Atlanta counties by 2030 and by 2040. The average rural county is projected to keep pace with the average Hub County by 2030 and 2040.

County

2022 Population

2030 Population

2040 Population

2030 Growth

2040 Growth

United States

334,000,000

347,200,000

361,500,000

3.95%

8.23%

Georgia

10,922,820

11,742,622

12,632,994

7.51%

15.66%

Rural Georgia

3,830,553

4,052,655

4,303,637

5.80%

12.35%

Hub Georgia

2,017,398

2,133,784

2,258,567

5.77%

11.95%

Metro Atlanta

5,074,869

5,556,183

6,070,790

9.48%

19.62%

Appling

18,416

18,696

18,814

1.52%

2.16%

Atkinson

8,375

8,409

8,591

0.41%

2.58%

Bacon

11,217

11,932

12,646

6.37%

12.74%

Baker

2,964

2,875

2,676

-3.00%

-9.72%

Baldwin

45,306

46,219

45,628

2.02%

0.71%

Banks

19,647

20,677

21,517

5.24%

9.52%

Barrow

88,194

98,204

109,441

11.35%

24.09%

Bartow

111,431

120,882

135,726

8.48%

21.80%

Ben Hill

16,742

17,165

17,524

2.53%

4.67%

Berrien

19,590

20,216

20,396

3.20%

4.11%

Bibb

153,625

156,214

156,145

1.69%

1.64%

Bleckley

12,971

13,044

12,667

0.56%

-2.34%

Brooks

19,402

20,107

20,508

3.63%

5.70%

Brantley

15,471

15,714

15,694

1.57%

1.44%

Bryan

42,443

48,950

55,797

15.33%

31.46%

Bulloch

82,244

90,026

100,681

9.46%

22.42%

Burke

22,884

23,682

24,325

3.49%

6.30%

Butts

25,846

27,559

29,406

6.63%

13.77%

Calhoun

6,236

6,189

5,949

-0.75%

-4.60%

Camden

56,144

58,994

62,485

5.08%

11.29%

Candler

11,150

11,667

12,277

4.64%

10.11%

Carroll

123,929

132,630

141,672

7.02%

14.32% continued →

24


Georgia County Population Projections

Georgia Chamber Foundation

County

2022 Population

2030 Population

2040 Population

2030 Growth

2040 Growth

Catoosa

68,888

72,276

75,907

4.92%

10.19%

Charlton

13,499

13,961

14,898

3.42%

10.36%

Chatham

295,759

318,999

338,393

7.86%

14.42%

Chattahoochee

10,805

11,413

11,514

5.63%

6.56%

Chattooga

24,686

24,243

23,933

-1.79%

-3.05%

Cherokee

272,840

306,151

349,588

12.21%

28.13%

Clarke

130,247

141,724

153,368

8.81%

17.75%

Clay

2,861

2,763

2,578

-3.43%

-9.89%

Clayton

299,405

324,373

348,354

8.34%

16.35%

Clinch

6,482

6,231

6,117

-3.87%

-5.63%

Cobb

779,374

837,332

885,009

7.44%

13.55%

Coffee

43,686

45,168

46,187

3.39%

5.72%

Colquitt

46,004

47,622

49,157

3.52%

6.85%

Columbia

164,598

180,499

197,536

9.66%

20.01%

Cook

17,452

18,052

18,574

3.44%

6.43%

Coweta

155,642

174,723

197,498

12.26%

26.89%

Crawford

12,134

11,778

11,618

-2.93%

-4.25%

Crisp

22,067

22,155

21,990

0.40%

-0.35%

Dade

16,007

15,907

15,916

-0.62%

-0.57%

Dawson

28,346

33,149

38,434

16.94%

35.59%

Decatur

26,695

27,500

27,933

3.02%

4.64%

Dekalb

776,792

827,953

861,553

6.59%

10.91%

Dodge

20,478

20,365

19,833

-0.55%

-3.15%

Dooly

13,101

12,714

12,099

-2.95%

-7.65%

Dougherty

85,570

82,082

79,385

-4.08%

-7.23%

Douglas

150,914

161,968

173,038

7.32%

14.66%

Early

10,094

10,226

10,205

1.31%

1.10%

Echols

4,093

4,474

4,804

9.31%

17.37%

Effingham

68,019

77,515

90,549

13.96%

33.12%

Elbert

19,405

19,641

19,565

1.22%

0.82%

Emanual

22,701

23,472

23,912

3.40%

5.33%

Evans

10,621

10,590

10,646

-0.29%

0.24%

Fannin

26,422

25,854

24,456

-2.15%

-7.44%

Fayette

118,739

130,003

144,399

9.49%

21.61%

Floyd

99,310

102,066

105,089

2.78%

5.82%

Forsyth

264,936

323,686

406,026

22.18%

53.25%

Franklin

24,005

25,974

28,481

8.20%

18.65%

Fulton

1,105,574

1,210,962

1,322,994

9.53%

19.67%

Gilmer

32,170

32,707

32,641

1.67%

1.46%

Glascock

3,033

3,144

3,108

3.66%

2.47%

Glynn

86,030

88,840

94,440

3.27%

9.78%

Gorden

59,365

61,511

63,190

3.61%

6.44% continued →

25


Economic Overview

Table 5

County

2022 Population

2030 Population

2040 Population

2030 Growth

2040 Growth

Grady

24,637

25,133

25,577

2.01%

3.82%

Greene

19,126

20,021

20,722

4.68%

8.34%

Gwinnett

966,057

1,054,727

1,150,813

9.18%

19.12%

Habersham

46,815

49,794

53,032

6.36%

13.28%

Hall

212,019

235,852

265,133

11.24%

25.05%

Hancock

8,442

8,188

7,677

-3.01%

-9.06%

Haralson

30,877

32,885

35,036

6.50%

13.47%

Harris

37,003

40,569

44,674

9.64%

20.73%

Hart

26,559

26,822

26,797

0.99%

0.90%

Heard

12,069

12,626

13,825

4.62%

14.55%

Henry

248,293

282,928

323,698

13.95%

30.37%

Houston

162,690

174,344

191,745

7.16%

17.86%

Irwin

9,437

9,603

9,468

1.76%

0.33%

Jackson

80,152

95,248

111,036

18.83%

38.53%

Jasper

14,713

15,672

17,013

6.52%

15.63%

Jeff Davis

15,360

15,822

16,070

3.01%

4.62%

Jefferson

15,269

15,187

14,871

-0.54%

-2.61%

Jenkins

8,756

8,675

8,583

-0.93%

-1.98%

Johnson

9,703

9,789

9,693

0.89%

-0.10%

Jones

28,866

29,160

29,034

1.02%

0.58%

Lamar

19,458

20,227

21,105

3.95%

8.46%

Lanier

10,997

11,927

12,825

8.46%

16.62%

Laurens

47,894

49,061

49,750

2.44%

3.88%

Lee

30,724

32,922

36,508

7.15%

18.83%

Liberty

63,317

64,758

66,225

2.28%

4.59%

Lincoln

8,004

7,793

7,304

-2.64%

-8.75%

Long

20,694

22,526

24,319

8.85%

17.52%

Lowndes

120,381

128,381

136,688

6.65%

13.55%

Lumpkin

34,565

36,639

40,062

6.00%

15.90%

Macon

12,484

11,681

11,179

-6.43%

-10.45%

Madison

30,927

33,257

37,249

7.53%

20.44%

Marion

8,594

8,811

8,926

2.53%

3.86%

McDuffie

21,302

21,804

22,194

2.36%

4.19%

McIntosh

14,302

14,086

13,928

-1.51%

-2.62%

Meriwether

20,974

20,420

20,061

-2.64%

-4.35%

Miller

5,587

5,459

5,357

-2.29%

-4.12%

Mitchell

21,409

20,622

19,474

-3.68%

-9.04%

Monroe

28,256

29,145

30,152

3.15%

6.71%

Montgomery

9,042

9,110

8,945

0.75%

-1.07%

Morgan

19,834

20,541

21,099

3.56%

6.38%

Murray

40,245

41,062

42,045

2.03%

4.47%

Muscogee

198,690

205,655

209,372

3.51%

5.38%

Newton

117,080

132,511

152,061

13.18%

29.88% continued →

26


Georgia County Population Projections

Georgia Chamber Foundation

County

2022 Population

2030 Population

2040 Population

2030 Growth

2040 Growth

Oconee

42,478

48,026

56,140

13.06%

32.16%

Oglethorpe

15,826

17,428

19,208

10.12%

21.37%

Paulding

181,267

211,964

247,398

16.93%

36.48%

Peach

28,242

29,253

29,663

3.58%

5.03%

Pickens

33,502

35,587

39,969

6.22%

19.30%

Pierce

19,695

20,323

21,071

3.19%

6.99%

Pike

19,437

20,653

21,850

6.26%

12.41%

Polk

43,232

44,637

46,085

3.25%

6.60%

Pulaski

11,082

10,663

9,951

-3.78%

-10.21%

Putnam

22,561

22,573

22,238

0.05%

-1.43%

Quitman

2,261

2,208

2,184

-2.34%

-3.41%

Rabun

17,284

17,289

16,647

0.03%

-3.69%

Randolph

6,602

6,242

5,836

-5.45%

-11.60%

Richmond

203,888

211,913

222,289

3.94%

9.03%

Rockdale

91,945

96,100

105,318

4.52%

14.54%

Schley

5,263

5,494

5,642

4.39%

7.20%

Screven

14,056

14,118

14,001

0.44%

-0.39%

Seminole

8,084

8,096

7,890

0.15%

-2.40%

Spalding

68,166

71,390

76,325

4.73%

11.97%

Stephens

26,135

26,311

26,673

0.67%

2.06%

Stewart

6,666

6,551

6,220

-1.73%

-6.69%

Sumter

28,827

27,033

24,789

-6.22%

-14.01%

Talbot

6,086

5,720

5,065

-6.01%

-16.78%

Taliaferro

1,536

1,451

1,429

-5.53%

-6.97%

Tattnall

25,544

26,085

26,154

2.12%

2.39%

Taylor

7,990

7,691

7,380

-3.74%

-7.63%

Telfair

15,721

15,384

14,685

-2.14%

-6.59%

Terrell

8,469

8,296

8,182

-2.04%

-3.39%

Thomas

44,417

44,499

44,503

0.18%

0.19%

Tift

41,186

42,710

43,829

3.70%

6.42%

Toombs

26,974

27,085

27,403

0.41%

1.59%

Towns

12,358

12,978

14,109

5.02%

14.17%

Treutlen

6,849

6,944

7,020

1.39%

2.50%

Troup

70,831

72,664

73,232

2.59%

3.39%

Turner

7,802

7,533

7,242

-3.45%

-7.18%

Twiggs

8,060

7,785

7,322

-3.41%

-9.16%

Union

25,546

26,638

28,662

4.27%

12.20%

Upson

26,740

27,361

27,697

2.32%

3.58%

Walker

70,913

73,959

77,157

4.30%

8.81%

Walton

99,692

110,536

122,734

10.88%

23.11%

Ware

36,200

37,503

38,540

3.60%

6.46%

Warren

5,150

4,864

4,648

-5.55%

-9.75%

Washington

20,150

19,986

19,498

-0.81%

-3.24% continued →

27


Economic Overview

Table 5

County

2022 Population

2030 Population

2040 Population

2030 Growth

2040 Growth

Wayne

30,142

30,620

31,178

1.59%

3.44%

Webster

2,593

2,594

2,597

0.04%

0.15%

Wheeler

7,787

7,859

7,777

0.92%

-0.13%

White

31,460

33,379

36,736

6.10%

16.77%

Whitfield

104,591

107,215

108,984

2.51%

4.20%

Wilcox

8,499

8,425

8,221

-0.87%

-3.27%

Wilkes

9,672

9,482

9,169

-1.96%

-5.20%

Wilkinson

8,633

8,042

7,574

-6.85%

-12.27%

Worth

20,051

20,222

20,075

0.85%

0.12%

Sourced from Governor’s Office of Planning and Budget

28


Economic Overview

Table 6

Georgia Chamber Foundation

Per Capita Personal Income by State Per capita income is a measure of the amount of income earned per person in a specific geographic region. Georgia ranks 42nd for growth of per capita personal income from 2021 to 2022 meaning the per capita income stayed very consistent and most other states experienced more growth. State

2021

2022

% Change

Rank: % Change

United States

$64,430.00

$65,470.00

1.61%

-

Alabama

$50,059.00

$50,916.00

1.71%

32

Alaska

$65,662.00

$68,635.00

4.53%

5

Arizona

$56,420.00

$58,442.00

3.58%

11

Arkansas

$51,636.00

$52,618.00

1.90%

28

California

$76,991.00

$77,036.00

0.06%

46

Colorado

$71,923.00

$75,722.00

5.28%

3

Connecticut

$80,691.00

$82,938.00

2.78%

19

Delaware

$58,889.00

$63,243.00

7.39%

1

District of Columbia

$97,498.00

$95,970.00

-1.57%

-

Florida

$63,078.00

$64,806.00

2.74%

20

Georgia

$56,184.00

$56,589.00

0.72%

42

Hawaii

$61,464.00

$61,779.00

0.51%

45

Idaho

$54,148.00

$56,614.00

4.55%

4

Illinois

$67,278.00

$67,655.00

0.56%

44

Indiana

$56,934.00

$58,323.00

2.44%

23

Iowa

$58,049.00

$60,222.00

3.74%

10

Kansas

$58,569.00

$60,424.00

3.17%

15

Kentucky

$51,561.00

$51,921.00

0.70%

43

Louisiana

$54,531.00

$54,501.00

-0.06%

47

Maine

$58,687.00

$60,599.00

3.26%

13

Maryland

$69,052.00

$70,228.00

1.70%

33

Massachusetts

$83,461.00

$84,561.00

1.32%

37

Michigan

$56,601.00

$57,038.00

0.77%

40

Minnesota

$66,846.00

$68,840.00

2.98%

17

Mississippi

$46,577.00

$46,370.00

-0.44%

49

Missouri

$56,073.00

$57,818.00

3.11%

16

Montana

$58,344.00

$60,984.00

4.52%

6 continued →

29


Economic Overview

Table 6

State

2021

2022

% Change

Rank: % Change

Nebraska

$62,682.00

$64,268.00

2.53%

21

Nevada

$61,024.00

$62,085.00

1.74%

31

New Hampshire

$72,214.00

$73,910.00

2.35%

24

New Jersey

$76,079.00

$77,199.00

1.47%

36

New Mexico

$51,141.00

$52,194.00

2.06%

26

New York

$75,948.00

$75,407.00

-0.71%

50

North Carolina

$56,705.00

$58,109.00

2.48%

22

North Dakota

$65,895.00

$70,360.00

6.78%

2

Ohio

$57,026.00

$57,777.00

1.32%

38

Oklahoma

$55,165.00

$56,298.00

2.05%

27

Oregon

$61,646.00

$62,303.00

1.07%

39

Pennsylvania

$64,042.00

$64,506.00

0.72%

41

Rhode Island

$63,663.00

$63,557.00

-0.17%

48

South Carolina

$52,828.00

$53,618.00

1.50%

35

South Dakota

$65,421.00

$68,176.00

4.21%

8

Tennessee

$56,970.00

$58,292.00

2.32%

25

Texas

$60,548.00

$62,586.00

3.37%

12

Utah

$57,042.00

$59,457.00

4.23%

7

Vermont

$61,214.00

$63,039.00

2.98%

18

Virginia

$66,838.00

$68,985.00

3.21%

14

Washington

$74,188.00

$75,332.00

1.54%

34

West Virginia

$49,071.00

$49,993.00

1.88%

29

Wisconsin

$60,381.00

$61,475.00

1.81%

30

Wyoming

$70,522.00

$73,248.00

3.87%

9

Sourced from the Bureau of Economic Analysis

30


Economic Overview

Table 7

Georgia Chamber Foundation

2022 State and Local Tax Burden by State The tax burden by state gives an average picture of total taxes paid per citizen in the state. For Georgia to remain competitive, the overall state and local tax burden must remain low for citizens. Our state has been successful evidenced by ranking 7th nationally.

State

State and Local Tax Burden as a Share of State Income

Rank: State and Local Tax Burden as a Share of State Income

Total Tax Burden per Capita

United States

11.20%

-

-

Alabama

9.80%

14 (T)

$4,585

Alaska

4.60%

1

$2,943

Arizona

9.50%

11

$5,156

Arkansas

10.20%

17 (T)

$5,031

California

13.50%

32

$10,167

Colorado

9.70%

13

$6,699

Connecticut

15.40%

35

$12,151

Delaware

12.40%

28 (T)

$7,170

District of Columbia

12.00%

-

$11,654

Florida

9.10%

9 (T)

$5,406

Georgia

8.90%

7 (T)

$4,862

Hawaii

14.10%

34

$8,410

Idaho

10.70%

20 (T)

$5,402

Illinois

12.90%

30

$8,390

Indiana

9.30%

10 (T)

$5,030

Iowa

11.20%

23 (T)

$6,086

Kansas

11.20%

23 (T)

$6,353

Kentucky

9.60%

12 (T)

$4,669

Louisiana

9.10%

9 (T)

$4,762

Maine

12.40%

28 (T)

$6,906

Maryland

11.30%

24

$7,680

Massachusetts

11.50%

26 (T)

$9,405

Michigan

8.60%

5 (T)

$4,720

Minnesota

12.10%

27 (T)

$7,763

Mississippi

9.80%

14 (T)

$4,220

Missouri

9.30%

10 (T)

$4,953

Montana

10.50%

18

$5,795 continued →

31


Economic Overview

Table 7

State

State and Local Tax Burden as a Share of State Income

Rank: State and Local Tax Burden as a Share of State Income

Total Tax Burden per Capita

Nebraska

11.50%

26 (T)

$6,720

Nevada

9.60%

12 (T)

$5,554

New Hampshire

9.60%

12 (T)

$6,593

New Jersey

13.20%

31

$9,648

New Mexico

10.20%

17 (T)

$4,835

New York

15.90%

36

$12,083

North Carolina

9.90%

15

$5,299

North Dakota

8.80%

6

$5,403

Ohio

10.00%

16

$5,530

Oklahoma

9.00%

8

$4,527

Oregon

10.80%

21

$6,572

Pennsylvania

10.60%

19

$6,723

Rhode Island

11.40%

25

$6,948

South Carolina

8.90%

7 (T)

$4,596

South Dakota

8.40%

4

$5,196

Tennessee

7.60%

3

$4,036

Texas

8.60%

5 (T)

$4,994

Utah

12.10%

27 (T)

$6,750

Vermont

13.60%

33

$7,958

Virginia

12.50%

29

$7,979

Washington

10.70%

20 (T)

$7,803

West Virginia

9.80%

14 (T)

$4,479

Wisconsin

10.90%

22

$6,231

Wyoming

7.50%

2

$4,691

Sourced from the Tax Foundation, Facts and Figures 2023

32


Economic Overview

Table 8

Georgia Chamber Foundation

Real Gross Domestic Product by State* Georgia ranks 11th in GDP growth from 2021 to 2022 which shows the state is experiencing strong economic growth. Florida, Idaho, and Tennessee experienced the greatest GDP growth over this period. *In Millions of Chained 2017 Dollars State

2021

2022

% Change

Rank: % Change

United States

$21,407,692.00

$21,822,037.00

1.94%

-

Alabama

$231,892.60

$235,807.30

1.69%

26

Alaska

$51,021.80

$50,315.10

-1.39%

50

Arizona

$390,805.20

$403,474.20

3.24%

5

Arkansas

$135,568.80

$137,355.50

1.32%

33

California

$3,146,185.30

$3,167,460.80

0.68%

40

Colorado

$406,961.50

$416,114.40

2.25%

16

Connecticut

$268,846.70

$276,668.80

2.91%

7

Delaware

$74,436.70

$75,172.60

0.99%

38

District of Columbia

$142,676.30

$144,029.60

0.95%

-

Florida

$1,164,778.20

$1,218,430.20

4.61%

1

Georgia

$639,236.00

$655,827.30

2.60%

11

Hawaii

$84,121.50

$85,211.40

1.30%

34

Idaho

$87,992.90

$91,683.70

4.19%

2

Illinois

$852,749.10

$864,170.90

1.34%

31

Indiana

$384,051.00

$396,009.20

3.11%

6

Iowa

$198,470.80

$197,846.30

-0.31%

45

Kansas

$172,839.80

$174,794.60

1.13%

36

Kentucky

$214,565.10

$217,568.10

1.40%

30

Louisiana

$234,014.40

$231,262.30

-1.18%

49

Maine

$70,869.90

$72,413.50

2.18%

18

Maryland

$405,905.30

$412,282.60

1.57%

29

Massachusetts

$591,911.50

$604,357.70

2.10%

19

Michigan

$531,500.00

$539,898.20

1.58%

28

Minnesota

$374,733.30

$379,111.50

1.17%

35

Mississippi

$114,198.50

$114,152.90

-0.04%

44

Missouri

$330,117.50

$336,625.80

1.97%

20

Montana

$52,952.00

$53,983.40

1.95%

22

Nebraska

$133,495.70

$137,078.10

2.68%

10 continued →

33


Economic Overview

Table 8

State

2021

2022

% Change

Rank: % Change

Nevada

$181,102.90

$187,226.20

3.38%

4

New Hampshire

$89,890.10

$90,150.50

0.29%

43

New Jersey

$629,011.30

$646,731.30

2.82%

8

New Mexico

$99,572.30

$101,315.00

1.75%

25

New York

$1,724,472.20

$1,763,524.60

2.26%

15

North Carolina

$597,316.10

$609,058.20

1.97%

21

North Dakota

$55,401.00

$54,798.70

-1.09%

48

Ohio

$686,206.40

$689,681.30

0.51%

41

Oklahoma

$193,518.00

$191,583.00

-1.00%

47

Oregon

$250,099.40

$254,708.40

1.84%

24

Pennsylvania

$764,601.60

$772,335.90

1.01%

37

Rhode Island

$60,777.30

$62,190.90

2.33%

14

South Carolina

$244,854.00

$250,873.40

2.46%

13

South Dakota

$55,140.40

$54,959.30

-0.33%

46

Tennessee

$396,576.20

$412,101.30

3.91%

3

Texas

$1,873,473.40

$1,924,007.50

2.70%

9

Utah

$209,975.20

$213,898.30

1.87%

23

Vermont

$33,860.80

$34,609.40

2.21%

17

Virginia

$562,888.00

$576,964.30

2.50%

12

Washington

$630,819.80

$641,143.60

1.64%

27

West Virginia

$75,520.50

$76,525.50

1.33%

32

Wisconsin

$334,517.30

$335,688.50

0.35%

42

Wyoming

$36,929.50

$37,294.20

0.99%

39

Sourced from the Bureau of Economic Analysis

34


Economic Overview

Table 9

Georgia Chamber Foundation

Labor Force Participation Rate by State Georgia ranks 42nd in growth over the last five years in the Labor Force Participation Rate. This means Georgia experienced one of the most significant declines in individuals of working age participating in the workforce. Increasing labor participation continues to be a critical part of winning the War for Talent. State

August, 2018

August, 2023

5 Year Change

Rank: 5 Year Change

United States

62.6%

62.8%

0.32%

-

Alabama

57.3%

57.0%

-0.52%

23

Alaska

65.1%

65.2%

0.15%

15

Arizona

61.3%

61.8%

0.82%

6

Arkansas

57.8%

57.7%

-0.17%

19

California

62.3%

62.4%

0.16%

14

Colorado

68.7%

68.7%

0.00%

17

Connecticut

66.2%

64.1%

-3.17%

45

Delaware

62.0%

60.3%

-2.74%

43

District of Columbia

70.1%

70.9%

1.14%

-

Florida

59.3%

59.7%

0.67%

8

Georgia

63.1%

61.4%

-2.69%

42

Hawaii

61.5%

60.2%

-2.11%

37

Idaho

64.0%

62.4%

-2.50%

40

Illinois

64.7%

64.4%

-0.46%

21

Indiana

65.1%

63.5%

-2.46%

39

Iowa

69.3%

68.7%

-0.87%

24

Kansas

66.8%

66.7%

-0.15%

18

Kentucky

58.6%

57.6%

-1.71%

32

Louisiana

58.7%

59.0%

0.51%

10

Maine

63.0%

58.6%

-6.98%

50

Maryland

67.7%

65.3%

-3.55%

46

Massachusetts

67.2%

64.5%

-4.02%

47

Michigan

61.5%

61.3%

-0.33%

20

Minnesota

69.5%

68.5%

-1.44%

31

Mississippi

55.5%

54.3%

-2.16%

38

Missouri

63.5%

63.7%

0.31%

13

Montana

63.3%

62.7%

-0.95%

25 continued →

35


Economic Overview

Table 9

State

August, 2018

August, 2023

5 Year Change

Rank: 5 Year Change

Nebraska

69.9%

69.2%

-1.00%

26

Nevada

63.5%

61.7%

-2.83%

44

New Hampshire

68.8%

64.6%

-6.10%

49

New Jersey

62.9%

65.5%

4.13%

1

New Mexico

57.8%

57.2%

-1.04%

27

New York

60.6%

61.5%

1.49%

4

North Carolina

61.1%

60.8%

-0.49%

22

North Dakota

69.5%

69.5%

0.00%

16

Ohio

62.8%

62.1%

-1.11%

28

Oklahoma

60.9%

61.8%

1.48%

5

Oregon

61.6%

61.8%

0.32%

12

Pennsylvania

62.7%

61.9%

-1.28%

29

Rhode Island

64.5%

63.3%

-1.86%

34

South Carolina

57.8%

57.0%

-1.38%

30

South Dakota

69.2%

67.8%

-2.02%

35

Tennessee

61.0%

59.4%

-2.62%

41

Texas

63.9%

64.2%

0.47%

11

Utah

68.4%

69.8%

2.05%

3

Vermont

67.0%

64.0%

-4.48%

48

Virginia

65.1%

66.7%

2.46%

2

Washington

64.2%

64.6%

0.62%

9

West Virginia

54.5%

54.9%

0.73%

7

Wisconsin

67.1%

65.7%

-2.09%

36

Wyoming

65.7%

64.5%

-1.83%

33

Sourced from the Federal Reserve Bank of St. Louis FRED Data Platform

36


Economic Overview

Table 10

Georgia Chamber Foundation

Labor Force Participation Rate by County Over the last 5 years Georgia’s labor force participation rate has declined 2.7% meaning fewer people of working age are participating in the workforce. The greatest decline occurred in Rural Georgia’s labor force participation rate which declined 7.1%, more than twice the Georgia rate. County

2018

2022

County

2018

2022

United States

62.6%

62.8%

Carroll

60.6%

59.3%

Catoosa

62.5%

60.6%

Charlton

44.9%

52.6%

Chatham

65.0%

60.9%

Chattahoochee

80.2%

70.2%

Chattooga

49.0%

50.2%

Cherokee

68.1%

63.5%

Georgia

63.1%

61.4%

Rural Georgia Avg.

61.1%

56.7%

Hub Georgia Avg.

53.3%

55.9%

Metro Atlanta Avg.

66.9%

64.5%

Clarke

59.9%

52.9%

Appling

54.0%

66.0%

Clay

43.0%

35.2%

Atkinson

55.8%

66.9%

Clayton

66.4%

62.6%

Bacon

50.7%

61.4%

Clinch

47.2%

57.9%

Baker

49.5%

48.4%

Cobb

70.2%

70.3%

Baldwin

52.2%

51.5%

Coffee

51.9%

59.8%

Banks

55.7%

72.3%

Colquitt

57.9%

62.1%

Barrow

64.0%

62.8%

Columbia

63.7%

62.3%

Bartow

62.8%

59.3%

Cook

56.2%

62.6%

Ben Hill

49.7%

42.1%

Coweta

66.0%

64.7%

Berrien

52.4%

56.3%

Crawford

51.3%

54.3%

Bibb

56.9%

53.8%

Crisp

56.4%

66.1%

Bleckley

44.2%

44.9%

Dade

57.2%

59.3%

Brooks

49.3%

52.7%

Dawson

60.5%

55.3%

Brantley

51.1%

50.1%

Decatur

49.0%

52.7%

Bryan

67.8%

57.5%

Dekalb

69.2%

67.5%

Bulloch

59.4%

57.4%

Dodge

47.0%

47.7%

Burke

54.9%

46.5%

Dooly

49.1%

65.8%

Butts

48.9%

60.3%

Dougherty

57.8%

56.7%

Calhoun

35.1%

78.4%

Douglas

66.7%

66.9%

Camden

65.1%

55.0%

Early

49.9%

52.7%

Candler

54.1%

72.5%

Echols

54.3%

66.6%

continued →

continued →

37


Economic Overview

Table 10

County

2018

2022

County

2018

2022

Effingham

66.3%

65.5%

Macon

56.6%

58.1%

Elbert

53.1%

50.3%

Madison

54.1%

54.1%

Emanual

52.0%

51.6%

Marion

45.0%

55.6%

Evans

57.3%

63.6%

McDuffie

59.9%

50.1%

Fannin

48.3%

53.9%

McIntosh

54.2%

70.9%

Fayette

62.2%

60.4%

Meriwether

50.7%

53.2%

Floyd

57.5%

56.6%

Miller

53.5%

61.1%

Forsyth

68.8%

62.9%

Mitchell

53.7%

54.6%

Franklin

49.8%

52.0%

Monroe

56.6%

56.3%

Fulton

67.7%

66.8%

Montgomery

51.5%

59.5%

Gilmer

54.6%

46.1%

Morgan

59.4%

57.1%

Glascock

58.6%

53.2%

Murray

59.8%

48.6%

Glynn

60.9%

58.2%

Muscogee

61.7%

49.3%

Gorden

60.4%

62.6%

Newton

62.6%

60.1%

Grady

57.1%

52.9%

Oconee

65.6%

58.7%

Greene

47.5%

43.3%

Oglethorpe

58.6%

56.2%

Gwinnett

69.2%

66.8%

Paulding

67.4%

67.2%

Habersham

53.1%

51.6%

Peach

53.6%

51.0%

Hall

63.2%

64.9%

Pickens

58.0%

55.1%

Hancock

27.9%

46.9%

Pierce

54.9%

56.6%

Haralson

56.7%

54.3%

Pike

57.6%

59.3%

Harris

61.2%

59.4%

Polk

59.5%

54.7%

Hart

50.2%

57.5%

Pulaski

40.0%

59.7%

Heard

57.7%

58.5%

Putnam

55.0%

46.5%

Henry

65.7%

62.0%

Quitman

47.5%

38.2%

Houston

65.2%

56.1%

Rabun

45.7%

53.1%

Irwin

48.0%

45.5%

Randolph

49.1%

48.1%

Jackson

61.7%

71.7%

Richmond

60.0%

53.8%

Jasper

52.9%

57.3%

Rockdale

61.4%

60.2%

Jeff Davis

51.9%

53.7%

Schley

59.5%

62.7%

Jefferson

51.2%

55.2%

Screven

52.6%

44.3%

Jenkins

49.3%

50.7%

Seminole

45.3%

39.4%

Johnson

57.6%

59.6%

Spalding

53.2%

55.0%

Jones

58.0%

59.3%

Stephens

55.1%

48.6%

Lamar

52.8%

54.4%

Stewart

31.0%

98.2%

Lanier

53.4%

53.8%

Sumter

54.4%

54.2%

Laurens

49.3%

49.3%

Talbot

50.7%

58.7%

Lee

64.0%

58.4%

Taliaferro

43.7%

40.0%

Liberty

67.7%

60.9%

Tattnall

39.3%

66.0%

Lincoln

53.0%

55.3%

Taylor

50.5%

41.6%

Long

59.5%

73.2%

Telfair

37.1%

50.8%

Lowndes

59.2%

57.5%

Terrell

51.8%

49.4%

Lumpkin

61.4%

63.5%

Thomas

57.9%

46.9%

continued →

38

continued →


Labor Force Participation Rate by County

County

2018

2022

Tift

59.5%

65.9%

Toombs

57.3%

59.2%

Towns

44.6%

34.6%

Treutlen

49.8%

57.6%

Troup

59.7%

68.4%

Turner

53.4%

44.5%

Twiggs

41.6%

42.4%

Union

43.6%

52.0%

Upson

52.2%

53.0%

Walker

56.8%

58.1%

Walton

61.6%

60.1%

Ware

48.9%

61.3%

Warren

54.3%

63.0%

Washington

49.4%

49.7%

Wayne

49.7%

54.3%

Webster

53.0%

49.9%

Wheeler

32.2%

26.7%

White

53.7%

74.1%

Whitfield

63.1%

54.5%

Wilcox

35.5%

49.6%

Wilkes

52.8%

48.1%

Wilkinson

48.8%

55.1%

Worth

57.3%

52.3%

Georgia Chamber Foundation

Sourced from Census Bureau 2018 5 Year American Community Survey and Lightcast Data Aggregation Software

39


Economic Overview

Table 11

Poverty Rate by State Georgia has experienced a substantial decline in the percentage of its population in poverty with an overall decrease of 8.63%, leading to 12.7% of the population living in poverty.

State

2022 Population in Poverty Status

% Change from Prior Year

Rank: % Change from Prior Year

United States

12.6%

0.00%

-

Alabama

16.2%

2.53%

35

Alaska

11.0%

5.77%

43

Arizona

12.5%

-7.41%

3

Arkansas

16.8%

5.00%

41

California

12.2%

-0.81%

22

Colorado

9.4%

-2.08%

15

Connecticut

9.8%

-2.00%

16

Delaware

9.4%

-17.54%

1

District of Columbia

13.3%

-13.64%

-

Florida

12.7%

-3.05%

13

Georgia

12.7%

-8.63%

2

Hawaii

10.2%

7.37%

47

Idaho

10.7%

-6.14%

7

Illinois

11.9%

0.85%

33

Indiana

12.6%

0.80%

32

Iowa

11.0%

0.00%

23

Kansas

12.0%

4.35%

38

Kentucky

16.5%

1.23%

34

Louisiana

18.6%

-1.06%

19

Maine

10.8%

-1.82%

17

Maryland

9.6%

4.35%

39

Massachusetts

10.4%

5.05%

42

Michigan

13.4%

0.75%

31

Minnesota

9.6%

4.35%

40

Mississippi

19.1%

-1.55%

18

Missouri

13.2%

3.13%

36

Montana

12.1%

-3.20%

11

Nebraska

11.2%

8.74%

49 continued →

40


Poverty Rate by State

Georgia Chamber Foundation

State

2022 Population in Poverty Status

% Change from Prior Year

Rank: % Change from Prior Year

Nevada

12.5%

-3.10%

12

New Hampshire

7.2%

-2.70%

14

New Jersey

9.7%

-1.02%

20

New Mexico

17.6%

-3.83%

9

New York

14.3%

5.93%

45

North Carolina

12.8%

-6.57%

6

North Dakota

11.5%

7.48%

48

Ohio

13.4%

0.00%

24

Oklahoma

15.7%

3.29%

37

Oregon

12.1%

0.00%

25

Pennsylvania

11.8%

0.00%

26

Rhode Island

10.8%

-4.42%

8

South Carolina

14.0%

-3.45%

10

South Dakota

12.5%

0.00%

27

Tennessee

13.3%

-6.99%

4

Texas

14.0%

0.00%

28

Utah

8.2%

-6.82%

5

Vermont

10.4%

-0.95%

21

Virginia

10.6%

7.07%

46

Washington

10.0%

0.00%

29

West Virginia

17.9%

5.92%

44

Wisconsin

10.7%

0.00%

30

Wyoming

11.8%

10.28%

50

Note: The change from prior year is calculated by true percent change, not percentage point difference between the two years Sourced from the Census Bureau 2022 ACS 1 Year, and 2021 ACS 5 Year Surveys

41


Economic Overview

Table 12

Poverty Rate by County Overall, poverty rates are declining in all community types across the state with the greatest percent decline in the average Rural Georgia county.

County

2021 Population in Poverty Status

% Change of Population in Poverty Status from Prior Year

County

2021 Population in Poverty Status

% Change of Population in Poverty Status from Prior Year

United States

12.6%

-1.6%

Carroll

17.3%

6.1%

Georgia

13.9%

-2.5%

Catoosa

8.7%

-3.3%

Charlton

21.3%

-8.2%

Rural Georgia

16.0%

-2.8%

Chatham

14.1%

-2.1%

Chattahoochee

17.8%

-1.7%

Hub Georgia

17.6%

-2.1%

Chattooga

21.5%

1.9%

Metro Atlanta

10.9%

-2.3%

Cherokee

7.0%

1.5%

Clarke

26.2%

-1.1%

Appling

25.4%

Atkinson

26.9%

8.6%

Clay

25.7%

-21.4%

-4.6%

Clayton

16.4%

-1.2%

Bacon

24.5%

-6.1%

Clinch

30.2%

1.3%

Baker

25.1%

21.8%

Cobb

8.6%

0.0%

Baldwin

22.6%

-4.6%

Coffee

22.2%

8.8%

Banks

13.2%

-2.9%

Colquitt

23.8%

-1.7%

Barrow

10.5%

-6.3%

Columbia

6.9%

4.6%

Bartow

12.0%

-4.8%

Cook

20.5%

-2.4%

Ben Hill

25.6%

-12.0%

Coweta

8.5%

-3.4%

Berrien

21.1%

-6.6%

Crawford

13.6%

-18.1%

Bibb

25.2%

0.8%

Crisp

26.2%

-11.8%

Bleckley

18.0%

-2.2%

Dade

9.8%

-11.7%

Brooks

16.8%

-10.6%

Dawson

9.7%

2.1%

Brantley

23.1%

0.9%

Decatur

21.0%

-11.8%

Bryan

8.8%

-14.6%

Dekalb

13.5%

-6.3%

Bulloch

22.5%

0.9%

Dodge

20.9%

5.0%

Burke

15.4%

-19.0%

Dooly

22.6%

0.4%

Butts

19.1%

-12.0%

Dougherty

26.3%

-3.7%

Calhoun

26.1%

4.8%

Douglas

12.2%

6.1%

Camden

16.0%

7.4%

Early

25.0%

-20.4%

Candler

24.9%

-0.8%

Echols

25.4%

8.1%

continued →

42

continued →


Poverty Rate by County

Georgia Chamber Foundation

County

2021 Population in Poverty Status

% Change of Population in Poverty Status from Prior Year

County

2021 Population in Poverty Status

% Change of Population in Poverty Status from Prior Year

Effingham

7.6%

Elbert

23.5%

2.7%

Lowndes

22.9%

0.9%

-4.1%

Lumpkin

12.1%

-14.2%

Emanual Evans

24.9%

3.8%

Macon

16.9%

-11.1%

23.7%

0.9%

Madison

19.7%

31.3%

Fannin

11.6%

9.4%

Marion

27.3%

-4.6%

Fayette

5.4%

14.9%

McDuffie

22.1%

11.1%

Floyd

18.7%

0.5%

McIntosh

13.5%

-4.9%

Forsyth

5.3%

1.9%

Meriwether

21.9%

4.8%

Franklin

19.0%

-9.5%

Miller

22.7%

11.8%

Fulton

12.9%

-3.7%

Mitchell

26.5%

0.8%

Gilmer

15.1%

-0.7%

Monroe

14.5%

-6.5%

Glascock

15.6%

-13.8%

Montgomery

17.0%

3.0%

Glynn

16.8%

-1.8%

Morgan

6.5%

-15.6%

Gorden

16.1%

1.3%

Murray

15.1%

-5.6%

Grady

17.5%

-4.4%

Muscogee

19.5%

-2.5%

Greene

14.8%

-8.6%

Newton

13.6%

-9.3%

Gwinnett

10.5%

0.0%

Oconee

4.7%

-24.2%

Habersham

12.9%

-5.2%

Oglethorpe

10.6%

-13.8%

Hall

14.0%

0.0%

Paulding

6.3%

-8.7%

Hancock

29.1%

18.3%

Peach

19.2%

-8.1%

Haralson

11.4%

-9.5%

Pickens

12.6%

7.7%

Harris

6.1%

5.2%

Pierce

17.9%

-3.2%

Hart

14.9%

9.6%

Pike

8.5%

-7.6%

Heard

20.4%

3.6%

Polk

18.1%

-1.1%

Henry

8.6%

-5.5%

Pulaski

17.5%

-14.2%

Houston

10.3%

-11.2%

Putnam

17.7%

-5.4%

Irwin

20.9%

-5.4%

Quitman

18.9%

32.2%

Jackson

9.7%

4.3%

Rabun

16.9%

-15.1%

Jasper

16.2%

5.9%

Randolph

30.7%

3.4%

Jeff Davis

21.2%

3.9%

Richmond

22.1%

-4.7%

Jefferson

18.2%

-13.7%

Rockdale

11.9%

-2.5%

Jenkins

27.9%

-19.1%

Schley

17.3%

17.7%

Johnson

19.5%

-15.2%

Screven

17.3%

-15.2%

Jones

14.2%

22.4%

Seminole

24.8%

-6.1%

Lamar

12.5%

-17.2%

Spalding

17.4%

-0.6%

Lanier

34.1%

19.2%

Stephens

13.5%

-2.9%

Laurens

25.0%

-4.9%

Stewart

26.4%

-6.4%

Lee

9.9%

-18.2%

Sumter

24.2%

-0.4%

Liberty

16.8%

15.1%

Talbot

16.8%

9.1%

Lincoln

18.5%

-8.0%

Taliaferro

21.3%

-13.8%

Long

18.4%

-11.5%

Tattnall

20.1%

-7.4%

continued →

continued →

43


Economic Overview

Table 12

County

2021 Population in Poverty Status

% Change of Population in Poverty Status from Prior Year

Taylor

28.7%

-2.4%

Telfair

26.2%

-4.4%

Terrell

30.1%

-3.5%

Thomas

17.2%

-1.7%

Tift

22.1%

-1.8%

Toombs

20.1%

-2.9%

Towns

14.2%

10.9%

Treutlen

32.1%

2.6%

Troup

19.1%

-2.6%

Turner

27.2%

-7.8%

Twiggs

15.7%

3.3%

Union

14.9%

-5.7%

Upson

22.4%

9.8%

Walker

13.8%

-8.6%

Walton

11.5%

-6.5%

Ware

23.8%

2.2%

Warren

27.4%

6.6%

Washington

18.2%

-12.5%

Wayne

18.8%

14.6%

Webster

29.4%

19.0%

Wheeler

23.0%

-23.3%

White

12.0%

6.2%

Whitfield

15.1%

-6.8%

Wilcox

26.0%

4.0%

Wilkes

21.4%

-4.5%

Wilkinson

26.0%

5.3%

Worth

18.5%

-2.1%

Sourced from 2021 and 2022 American Community 5 Year Survey

44


Georgia Chamber Foundation

45


2024 Redbook

War for Talent

02.

Future of Talent

This section dives into metrics related to workforce, higher education, K-12 education, and our early learners. Here we include metrics such as education attainment, employment growth, and literacy rates to show how Georgia compares to other states.

• TABLE 13 Non-Agriculture Employment by State • TABLE 14 2022 Educational Attainment of Persons Over 25 Years Old by State • TABLE 15 2022 National Assessment of Educational Progress Reading Assessment Proficiency Rates by State • TABLE 16 2022 End of Grade Milestones English Language Arts and Reading Proficiency Rates by County 46


Georgia Chamber Foundation

• TABLE 17 Number of Low Income, Working Families with Children by State • TABLE 18 Number of Children Living in High-Housing Cost Burdened Households • TABLE 19 Children Whose Parents Lack Secure Employment • TABLE 20 2017-2019 Children ages 3 to 4 not Enrolled in School by State • TABLE 21 2023 High Tech Employment and Wages by State • TABLE 22 2022 STEM Doctorates Awarded by State • TABLE 23 New Private Housing Unit Building Permits Authorized • TABLE 24 Housing Inventory by State • TABLE 25 2023 Home Ownership Rates • TABLE 26a Georgia Monthly Payments by County • TABLE 26b Georgia Home Sales Price by Region 47


War for Talent

Table 13

Non-Agriculture Employment by State Georgia ranks 7th in terms of growth of non-agriculture employment, outpacing most other southern states. While Texas and Florida are experiencing slightly higher growth rates, Georgia remains competitive, and above the national average. State

2021

2022

% Change

Rank: % Change

United States

143,780,068

150,025,655

4.34%

-

Alabama

1,965,189

2,026,102

3.10%

34

Alaska

305,145

313,959

2.89%

36

Arizona

2,935,150

3,075,427

4.78%

9

Arkansas

1,203,304

1,248,972

3.80%

22

California

16,974,870

17,903,539

5.47%

4

Colorado

2,699,891

2,814,975

4.26%

13

Connecticut

1,591,093

1,642,536

3.23%

32

Delaware

441,668

459,114

3.95%

19

District of Columbia

725,826

748,737

3.16%

-

Florida

8,859,821

9,358,228

5.63%

3

Georgia

4,475,118

4,705,337

5.14%

7

Hawaii

588,086

619,985

5.42%

5

Idaho

790,424

820,860

3.85%

21

Illinois

5,694,355

5,918,832

3.94%

20

Indiana

3,010,658

3,113,419

3.41%

27

Iowa

1,505,989

1,536,997

2.06%

49

Kansas

1,353,532

1,390,817

2.75%

40

Kentucky

1,857,636

1,920,456

3.38%

29

Louisiana

1,816,296

1,865,592

2.71%

42

Maine

610,111

626,520

2.69%

44

Maryland

2,581,194

2,641,021

2.32%

48

Massachusetts

3,456,005

3,595,632

4.04%

18

Michigan

4,132,277

4,300,943

4.08%

17

Minnesota

2,774,861

2,853,966

2.85%

38

Mississippi

1,117,423

1,145,453

2.51%

45

Missouri

2,741,069

2,821,194

2.92%

35

Montana

478,523

496,227

3.70%

26

Nebraska

965,748

983,968

1.89%

50 continued →

48


Non-Agriculture Employment by State

Georgia Chamber Foundation

State

2021

2022

% Change

Rank: % Change

Nevada

1,357,630

1,471,888

8.42%

1

New Hampshire

649,187

670,645

3.31%

30

New Jersey

3,926,845

4,134,620

5.29%

6

New Mexico

796,691

832,863

4.54%

12

New York

8,817,105

9,264,611

5.08%

8

North Carolina

4,509,160

4,699,554

4.22%

15

North Dakota

400,472

411,307

2.71%

43

Ohio

5,246,891

5,392,612

2.78%

39

Oklahoma

1,571,737

1,624,905

3.38%

28

Oregon

1,881,040

1,950,774

3.71%

25

Pennsylvania

5,650,325

5,863,233

3.77%

24

Rhode Island

463,776

481,342

3.79%

23

South Carolina

2,093,950

2,181,593

4.19%

16

South Dakota

430,806

443,127

2.86%

37

Tennessee

3,016,458

3,157,887

4.69%

11

Texas

12,526,069

13,249,119

5.77%

2

Utah

1,583,748

1,651,243

4.26%

14

Vermont

291,663

301,271

3.29%

31

Virginia

3,838,861

3,958,628

3.12%

33

Washington

3,352,607

3,512,268

4.76%

10

West Virginia

657,806

673,782

2.43%

47

Wisconsin

2,800,269

2,877,343

2.75%

41

Wyoming

265,714

272,234

2.45%

46

Sourced from the Bureau of Labor Statistics

49


War for Talent

Table 14

2022 Educational Attainment of Persons Over 25 Years Old by State Georgia ranks 30th nationally for educational attainment for associate’s degree and 23rd for bachelor’s proving there is increased need and opportunity individuals to attain some kind of post-secondary credential. Measures percent of individuals over 25 years old with listed degree as highest level of educational attainment

State

Associate’s Degree and Higher

Rank: Associate’s Degree and Higher

Bachelor's Degree and Higher

Rank: Bachelor's Degree and Higher

Alabama

37.8%

43

28.80%

43

Alaska

40.5%

38

30.60%

39

Arizona

42.4%

32

33.00%

29

Arkansas

33.5%

50

25.40%

48

California

44.9%

22

37.00%

15

Colorado

54.2%

1

45.90%

2

Connecticut

49.6%

9

41.90%

7

Delaware

45.0%

21

36.50%

16

District of Columbia

68.7%

65.40%

-

Florida

44.5%

25

34.30%

26

Georgia

43.4%

30

34.70%

23

Hawaii

46.5%

15

35.40%

21

Idaho

42.1%

33

32.30%

31

Illinois

46.1%

17

37.70%

14

Indiana

38.9%

41

29.60%

41

Iowa

44.3%

27

32.30%

31

Kansas

44.7%

24

35.60%

20

Kentucky

36.7%

45

27.90%

45

Louisiana

34.3%

48

27.10%

46

Maine

46.8%

14

36.10%

18

Maryland

50.7%

5

43.80%

4

Massachusetts

54.0%

2

46.60%

1

Michigan

41.8%

34

32.10%

34

Minnesota

51.0%

4

39.10%

12

Mississippi

35.5%

47

24.80%

49 continued →

50


2022 Educational Attainment of Persons Over 25 Years Old by State

Georgia Chamber Foundation

State

Associate’s Degree and Higher

Rank: Associate’s Degree and Higher

Bachelor's Degree and Higher

Rank: Bachelor's Degree and Higher

Missouri

40.5%

38

32.20%

33

Montana

44.1%

28

34.60%

25

Nebraska

46.2%

16

34.70%

23

Nevada

35.7%

46

27.00%

47

New Hampshire

50.6%

6

41.30%

8

New Jersey

50.2%

7

43.50%

5

New Mexico

39.6%

40

30.50%

40

New York

48.8%

11

40.00%

9

North Carolina

46.0%

18

35.90%

19

North Dakota

46.0%

18

31.80%

36

Ohio

40.8%

37

32.00%

35

Oklahoma

36.9%

44

28.50%

44

Oregon

45.2%

20

36.30%

17

Pennsylvania

44.0%

29

35.10%

22

Rhode Island

47.6%

13

39.60%

10

South Carolina

42.7%

31

32.60%

30

South Dakota

44.8%

23

31.60%

37

Tennessee

38.9%

41

31.10%

38

Texas

41.7%

35

33.90%

27

Utah

47.9%

12

37.90%

13

Vermont

53.0%

3

44.20%

3

Virginia

49.8%

8

42.20%

6

Washington

49.5%

10

39.50%

11

West Virginia

33.6%

49

24.80%

49

Wisconsin

44.4%

26

33.20%

28

Wyoming

41.6%

36

29.60%

41

Sourced from the U.S. Census Bureau 2021, ACS 5 year survey

51


War for Talent

Table 15

2022 National Assessment of Educational Progress Reading Assessment Proficiency Rates by State- 4th Grade Literacy

Only 32% of Georgia fourth graders are proficient in reading. This leads to crucial preparedness issues as students advance to later grades. Georgia ranks below North Carolina, Florida, and Texas. State

At or Above Proficient

Rank: At or Above Proficient

United States

32%

-

Alabama

30%

35

Alaska

22%

49

Arizona

32%

21

Arkansas

28%

41

California

31%

28

Colorado

38%

3

Connecticut

35%

8

Delaware

28%

41

District of Columbia

24%

-

Florida

39%

2

Georgia

32%

21

Hawaii

35%

8

Idaho

32%

21

Indiana

33%

17

Iowa

33%

17

Kansas

32%

21

Kentucky

34%

11

Louisiana

31%

28

Maine

28%

41

Maryland

29%

40

Massachusetts

43%

1

Michigan

30%

35

Minnesota

31%

28

Mississippi

34%

11

Missouri

30%

35

continued →

52


2022 Nat’l Assessment of Educational Progress Reading…by State

State

At or Above Proficient

Rank: At or Above Proficient

Montana

34%

11

Nebraska

34%

11

Nevada

28%

41

New Hampshire

37%

6

New Jersey

38%

3

New Mexico

24%

48

New York

30%

35

North Carolina

32%

21

North Dakota

33%

17

Ohio

35%

8

Oklahoma

25%

47

Oregon

27%

45

Pennsylvania

34%

11

Rhode Island

33%

17

South Carolina

31%

28

South Dakota

32%

21

Tennessee

32%

21

Texas

31%

28

Utah

37%

6

Vermont

31%

28

Virginia

30%

35

Washington

34%

11

West Virginia

26%

46

Wisconsin

31%

28

Wyoming

38%

3

Georgia Chamber Foundation

Sourced from The Nation’s Report Card, National Assessment of Educational Progress

53


War for Talent

Table 16

2022 End of Grade Milestones English Language Arts and Reading Proficiency Rates by County On average, Metro Atlanta counties have the highest proficiency in English language arts and reading. The average hub county has the next highest and the average rural county lags a couple of points behind. Ensuring students outside of Metro Atlanta do not fall behind is a top priority.

County

County Classification

% Proficient Learner & Above

Statewide Total

-

36.38

Metro Atlanta

-

41.37%

Hub Georgia

-

33.03%

County

County Classification

% Proficient Learner & Above

Calhoun County

Rural

14.29%

Camden County

Rural

49.80%

Candler County

Rural

22.52%

Carroll County

Rural

42.46%

Catoosa County

Rural

35.37%

Rural

52.07%

Rural Georgia

-

30.99%

Charlton County

Appling County

Rural

39.61%

Hub

22.61%

Atkinson County

Rural

32.48%

SavannahChatham County

Bacon County

Rural

36.36%

Chattahoochee County

Rural

25.00%

Baker County

Rural

0.00%

Chattooga County

Rural

11.11%

Baldwin County

Rural

16.01%

Cherokee County

Metro

46.41%

Banks County

Rural

35.75%

Clarke County

Hub

27.76%

Barrow County

Rural

26.99%

Clay County

Rural

15.79%

Bartow County

Rural

30.44%

Clayton County

Metro

14.60%

Ben Hill County

Rural

25.00%

Clinch County

Rural

28.57%

Berrien County

Rural

42.50%

Cobb County

Metro

47.22%

Bibb County

Hub

20.78%

Coffee County

Rural

27.67%

Bleckley County

Rural

45.66%

Colquitt County

rural

22.78%

Brantley County

Rural

47.74%

Columbia County

Hub

52.23%

Brooks County

Rural

12.94%

Cook County

Rural

23.90%

Bryan County

Rural

51.88%

Coweta County

Rural

48.54%

Bulloch County

Rural

34.67%

Crawford County

Rural

30.25%

Burke County

Rural

17.54%

Crisp County

rural

11.76%

Butts County

Rural

28.40%

Dade County

Rural

38.99%

continued →

54

continued →


2022 End of Grade Milestones English Language Arts…by County

Georgia Chamber Foundation

County

County Classification

% Proficient Learner & Above

County

County Classification

% Proficient Learner & Above

Dawson County

Rural

41.58%

Johnson County

Rural

28.57%

Decatur County

Rural

33.85%

Jones County

Rural

33.53%

Dekalb County

Metro

28.30%

Lamar County

Rural

31.41%

Dodge County

Rural

21.50%

Lanier County

Rural

38.83%

Dooly County

Rural

4.48%

Laurens County

Rural

32.74%

Dougherty County

Hub

15.99%

Lee County

Rural

46.74%

Douglas County

Metro

30.95%

Liberty County

Rural

30.22%

Early County

Rural

13.33%

Lincoln County

Rural

38.36%

Echols County

Rural

35.53%

Long County

Rural

17.28%

Effingham County

Rural

48.16%

Lowndes County

Hub

46.04%

Elbert County

rural

14.42%

Lumpkin County

Rural

53.57%

Emanuel County

Rural

32.43%

Macon County

Rural

3.39%

Evans County

rural

14.06%

Madison County

Rural

43.58%

Fannin County

Rural

32.04%

Marion County

Rural

28.24%

Fayette County

Metro

56.78%

Mcduffie County

Rural

29.03%

Floyd County

Hub

45.06%

Mcintosh County

Rural

33.68%

Forsyth County

Metro

58.78%

Meriwether County

Rural

17.36%

Franklin County

Rural

37.04%

Miller County

Rural

34.04%

Fulton County

Metro

48.73%

Mitchell County

Rural

11.11%

Gilmer County

Rural

32.89%

Monroe County

Rural

47.81%

Glascock County

Rural

43.59%

Glynn County

Hub

33.26%

Montgomery County

Rural

37.14%

Gordon County

Rural

33.81%

Morgan County

Rural

37.12%

Grady County

Rural

23.82%

Murray County

Rural

28.76%

Greene County

Rural

36.73%

Muscogee County

Hub

27.72%

Gwinnett County

Metro

44.83%

Newton County

Rural

23.78%

Habersham County

Rural

39.25%

Oconee County

Rural

67.81%

Hall County

Hub

25.18%

Oglethorpe County

Rural

25.90%

Hancock County

Rural

2.27%

Paulding County

Rural

38.08%

Haralson County

Rural

33.47%

Peach County

Rural

21.90%

Harris County

Rural

48.70%

Pickens County

Rural

33.56%

Hart County

Rural

32.10%

Pierce County

Rural

48.67%

Heard County

rural

48.70%

Pike County

Rural

43.88%

Henry County

Metro

27.72%

Polk County

Rural

27.62%

Houston County

Hub

45.96%

Pulaski County

Rural

31.71%

Irwin County

Rural

40.78%

Putnam County

Rural

21.95%

Jackson County

Rural

35.66%

Quitman County

Rural

0.00%

Jasper County

Rural

18.02%

Rabun County

Rural

42.00%

Jeff Davis County

Rural

33.67%

Randolph County

Rural

13.64%

Jefferson County

Rural

14.86%

Richmond County

Hub

16.11%

Jenkins County

Rural

13.10%

Rockdale County

Metro

26.50%

Schley County

Rural

48.05%

continued →

continued →

55


War for Talent

Table 16

County

County Classification

% Proficient Learner & Above

County

County Classification

% Proficient Learner & Above

Screven County

Rural

27.59%

Calhoun City

Rural

30.67%

Seminole County

Rural

33.33%

Carrollton City

Rural

36.98%

Griffin-Spalding County

Rural

18.86%

Cartersville City

Metro

39.22%

Stephens County

Rural

34.08%

Chickamauga City

Rural

57.61%

Stewart County

Rural

6.45%

Commerce City

Rural

45.11%

Sumter County

Rural

10.14%

Dalton Public Schools

Hub

28.82%

Talbot County

Rural

31.82%

Taliaferro County

Rural

-

City Schools Of Decatur

Metro

71.84%

Tattnall County

Rural

28.24%

Dublin City

Rural

14.45%

Taylor County

Rural

22.34%

Gainesville City

Hub

22.91%

Telfair County

Rural

29.69%

Jefferson City

Rural

64.51%

Terrell County

Rural

12.12%

Marietta City

Metro

35.55%

Thomas County

Rural

29.89%

Pelham City

Rural

14.43%

Tift County

Rural

33.46%

Rome City

Hub

26.44%

Toombs County

Rural

40.28%

Social Circle City

Rural

38.21%

Towns County

Rural

31.25%

Thomasville City

Rural

39.11%

Treutlen County

Rural

43.48%

Trion City

Rural

47.96%

Troup County

Rural

31.71%

Valdosta City

Hub

13.98%

Turner County

Rural

17.44%

Vidalia City

Rural

20.51%

Twiggs County

Rural

15.00%

Odyssey School

Rural

44.44%

Union County

Rural

45.50%

Thomaston-Upson County

Rural

25.60%

Walker County

Rural

26.71%

Walton County

Rural

39.40%

Ware County

Rural

26.04%

Warren County

Rural

6.00%

Washington County

Rural

21.86%

Wayne County

Rural

35.04%

Webster County

Rural

-

Wheeler County

Rural

11.54%

White County

Rural

39.15%

Whitfield County

Hub

34.79%

Wilcox County

Rural

27.85%

Wilkes County

Rural

26.67%

Wilkinson County

Rural

19.75%

Worth County

Rural

40.00%

Atlanta Public Schools

Metro

30.26%

Bremen City

Rural

71.60%

Buford City

Metro

63.29%

Georgia Cyber Academy

continued →

56

30.33%

Cherokee Charter Academy

Metro

45.45%

Ivy Preparatory Academy Inc

Metro

34.15%

International Charter School of Atlanta

Metro

54.26%

Scintilla Charter Academy

Hub

56.10%

Georgia School For Innovation and Technology

Hub

37.97%

Dubois Integrity Academy

Metro

19.19%

Pataula Charter Academy

Rural

23.91%

Atlanta Heights Charter School

Metro

15.58%

Coweta Charter Academy

Rural

55.32%

Cirrus Academy Charter

Hub

1.96%

Southwest Georgia Stem Charter Academy

Rural

29.73% continued →


2022 End of Grade Milestones English Language Arts…by County

County

County Classification

% Proficient Learner & Above

Brookhaven Innovation Academy

Metro

37.29%

Liberty Tech Charter Academy

Rural

42.22%

Genesis Innovation Academy For Boys

Metro

28.95%

Genesis Innovation Academy For Girl

Metro

54.05%

Resurgence Hall Charter School

Metro

59.32%

Sail Charter Academy - School for Arts Infused Learning

Hub

50.70%

International Academy of Smyrna

Metro

21.43%

International Charter Academy of Georgia

Metro

46.88%

Slam Academy of Atlanta

Metro

-

Academy For Classical Education

Hub

74.31%

Spring Creek Charter Academy

Rural

37.50%

Yi Hwang Academy of Language Excellence

Metro

64.52%

Furlow Charter School

Rural

41.30%

Baconton Community Charter School

Rural

22.41%

D.E.L.T.A. Steam Academy

Metro

-

Northwest Classical Academy

Metro

47.89%

Georgia Chamber Foundation

Sourced from the Georgia Department of Education

57


War for Talent

Table 17

Number of Low Income, Working Families with Children by State Over the last two years, Georgia has experienced an 11% decline in the number of Georgia low-income working families with children which means fewer families are in this category. Georgia’s rank indicates it had a more significant decline than most southern states. State

2019

2021

% Change

Rank: % Change

United States Avg.

151,863

132,216

-12.3%

-

Alabama

129,000

125,000

-3.1%

49

Alaska

13,000

12,000

-7.7%

38

Arizona

193,000

173,000

-10.4%

29

Arkansas

100,000

93,000

-7.0%

41

California

898,000

720,000

-19.8%

5

Colorado

112,000

91,000

-18.8%

7

Connecticut

58,000

53,000

-8.6%

35

Delaware

19,000

17,000

-10.5%

28

District of Columbia

6,000

5,000

-16.7%

-

Florida

517,000

483,000

-6.6%

44

Georgia

291,000

259,000

-11.0%

26

Hawaii

21,000

19,000

-9.5%

34

Idaho

55,000

51,000

-7.3%

40

Illinois

287,000

241,000

-16.0%

12

Indiana

163,000

153,000

-6.1%

46

Iowa

76,000

66,000

-13.2%

21

Kansas

77,000

67,000

-13.0%

22

Kentucky

116,000

107,000

-7.8%

37

Louisiana

127,000

121,000

-4.7%

47

Maine

25,000

21,000

-16.0%

14

Maryland

100,000

90,000

-10.0%

32

Massachusetts

94,000

76,000

-19.1%

6

Michigan

233,000

181,000

-22.3%

3

Minnesota

97,000

87,000

-10.3%

30

Mississippi

94,000

79,000

-16.0%

15

Missouri

154,000

136,000

-11.7%

25 continued →

58


Number of Low Income, Working Families with Children by State

Georgia Chamber Foundation

State

2019

2021

% Change

Rank: % Change

Montana

23,000

22,000

-4.3%

48

Nebraska

49,000

44,000

-10.2%

31

Nevada

79,000

69,000

-12.7%

23

New Hampshire

17,000

14,000

-17.6%

9

New Jersey

165,000

142,000

-13.9%

19

New Mexico

68,000

63,000

-7.4%

39

New York

411,000

313,000

-23.8%

2

North Carolina

284,000

241,000

-15.1%

17

North Dakota

16,000

14,000

-12.5%

24

Ohio

281,000

236,000

-16.0%

13

Oklahoma

126,000

116,000

-7.9%

36

Oregon

79,000

74,000

-6.3%

45

Pennsylvania

264,000

220,000

-16.7%

10

Rhode Island

19,000

16,000

-15.8%

16

South Carolina

133,000

124,000

-6.8%

43

South Dakota

22,000

19,000

-13.6%

20

Tennessee

180,000

161,000

-10.6%

27

Texas

900,000

837,000

-7.0%

42

Utah

75,000

75,000

0.0%

50

Vermont

11,000

8,000

-27.3%

1

Virginia

170,000

142,000

-16.5%

11

Washington

135,000

106,000

-21.5%

4

West Virginia

45,000

37,000

-17.8%

8

Wisconsin

124,000

112,000

-9.7%

33

Wyoming

14,000

12,000

-14.3%

18

The share of families that met three criteria: (1) the family income was less than twice the federal poverty level; (2) at least one parent worked 50 or more weeks during the previous year; (3) there was at least one “own child” under age 18 in the family. Sourced from the Annie E. Casey Foundation Kids Count Database

59


War for Talent

Table 18

Number of Children Living in High-Housing Cost Burdened Households Georgia ranks 35th nationally when assessing the share of children living in households that are burdened by high housing costs. This is an increase over previous years with 29% of children in the state now being in high housing-cost burdened households. Solutions are needed to increase access to and affordability of housing.

State

2019

2021

% Change

Rank: % Change

United States

21,568,000

21,855,000

1.33%

-

Alabama

256,000

287,000

12.11%

45

Alaska

53,000

53,000

0.00%

15

Arizona

458,000

462,000

0.87%

23

Arkansas

153,000

174,000

13.73%

48

California

3,613,000

3,514,000

-2.74%

8

Colorado

374,000

375,000

0.27%

20

Connecticut

244,000

228,000

-6.56%

3

Delaware

57,000

64,000

12.28%

46

District of Columbia

43,000

39,000

-9.30%

-

Florida

1,516,000

1,540,000

1.58%

25

Georgia

711,000

741,000

4.22%

35

Hawaii

115,000

117,000

1.74%

26

Idaho

109,000

105,000

-3.67%

7

Illinois

789,000

770,000

-2.41%

10

Indiana

331,000

337,000

1.81%

27

Iowa

143,000

146,000

2.10%

28

Kansas

152,000

139,000

-8.55%

1

Kentucky

231,000

245,000

6.06%

39

Louisiana

313,000

325,000

3.83%

33

Maine

56,000

56,000

0.00%

16

Maryland

412,000

423,000

2.67%

30

Massachusetts

419,000

408,000

-2.63%

9

Michigan

519,000

531,000

2.31%

29

Minnesota

268,000

279,000

4.10%

34 continued →

60


Number of Children Living in High-Housing Cost Burdened Households

Georgia Chamber Foundation

State

2019

2021

% Change

Rank: % Change

Mississippi

184,000

194,000

5.43%

37

Missouri

300,000

302,000

0.67%

21

Montana

52,000

52,000

0.00%

17

Nebraska

93,000

104,000

11.83%

44

Nevada

226,000

243,000

7.52%

42

New Hampshire

62,000

61,000

-1.61%

12

New Jersey

665,000

715,000

7.52%

41

New Mexico

124,000

125,000

0.81%

22

New York

1,479,000

1,558,000

5.34%

36

North Carolina

598,000

570,000

-4.68%

5

North Dakota

28,000

36,000

28.57%

49

Ohio

589,000

585,000

-0.68%

14

Oklahoma

234,000

242,000

3.42%

31

Oregon

248,000

266,000

7.26%

40

Pennsylvania

700,000

666,000

-4.86%

4

Rhode Island

60,000

68,000

13.33%

47

South Carolina

284,000

284,000

0.00%

18

South Dakota

45,000

44,000

-2.22%

11

Tennessee

395,000

399,000

1.01%

24

Texas

2,240,000

2,362,000

5.45%

38

Utah

227,000

211,000

-7.05%

2

Vermont

28,000

28,000

0.00%

19

Virginia

526,000

506,000

-3.80%

6

Washington

476,000

494,000

3.78%

32

West Virginia

72,000

78,000

8.33%

43

Wisconsin

275,000

272,000

-1.09%

13

Wyoming

23,000

32,000

39.13%

50

Sourced from the Annie E. Casey Foundation

61


War for Talent

Table 19

Number of Children Whose Parents Lack Secure Employment by State The percentage of Georgia’s children whose parents lack secure employment has risen over the last five years. This can negatively impact students’ ability to remain focused on learning and future career goals. The state’s growth does mirror the U.S. average and Georgia is comparable to competitor states including Texas and Tennessee, but other southern states including North Carolina, Alabama, and Mississippi have curbed this increase. State

2017

2021

% Change

Rank: % Change

United States

20,075,000

21,143,000

5.32%

-

Alabama

336,000

343,000

2.08%

29

Alaska

61,000

61,000

0.00%

33 (T)

Arizona

469,000

446,000

-4.90%

44

Arkansas

201,000

210,000

4.48%

23

California

2,661,000

2,771,000

4.13%

24

Colorado

286,000

296,000

3.50%

26

Connecticut

195,000

193,000

-1.03%

38

Delaware

54,000

62,000

14.81%

5

District of Columbia

52,000

52,000

0.00%

-

Florida

1,219,000

1,236,000

1.39%

31

Georgia

689,000

736,000

6.82%

18

Hawaii

81,000

96,000

18.52%

3

Idaho

105,000

99,000

-5.71%

46

Illinois

755,000

761,000

0.79%

32

Indiana

412,000

428,000

3.88%

25

Iowa

141,000

153,000

8.51%

15

Kansas

146,000

159,000

8.90%

13

Kentucky

316,000

333,000

5.38%

22

Louisiana

371,000

378,000

1.89%

30

Maine

67,000

66,000

-1.49%

40

Maryland

314,000

344,000

9.55%

11

Massachusetts

365,000

396,000

8.49%

16

Michigan

639,000

680,000

6.42%

20 continued →

62


Children Whose Parents Lack Secure Employment

Georgia Chamber Foundation

State

2017

2021

% Change

Rank: % Change

Minnesota

276,000

299,000

8.33%

17

Mississippi

242,000

241,000

-0.41%

37

Missouri

380,000

356,000

-6.32%

47

Montana

68,000

65,000

-4.41%

43

Nebraska

95,000

94,000

-1.05%

39

Nevada

186,000

233,000

25.27%

1

New Hampshire

65,000

59,000

-9.23%

49

New Jersey

479,000

563,000

17.54%

4

New Mexico

174,000

165,000

-5.17%

45

New York

1,236,000

1,384,000

11.97%

6

North Carolina

643,000

641,000

-0.31%

36

North Dakota

37,000

37,000

0.00%

33 (T)

Ohio

736,000

785,000

6.66%

19

Oklahoma

270,000

287,000

6.30%

21

Oregon

239,000

265,000

10.88%

8

Pennsylvania

696,000

765,000

9.91%

9

Rhode Island

53,000

66,000

24.53%

2

South Carolina

331,000

324,000

-2.11%

41

South Dakota

53,000

47,000

-11.32%

50

Tennessee

426,000

463,000

8.69%

14

Texas

1,921,000

2,111,000

9.89%

10

Utah

176,000

176,000

0.00%

33 (T)

Vermont

29,000

28,000

-3.45%

42

Virginia

439,000

454,000

3.42%

28

Washington

429,000

476,000

10.96%

7

West Virginia

139,000

129,000

-7.19%

48

Wisconsin

287,000

297,000

3.48%

27

Wyoming

33,000

36,000

9.09%

12

Sourced from the Annie E. Casey Foundation

29% of Georgia’s children have parents that lack secure employment.

63


War for Talent

Table 20

2017-2019 Children ages 3 to 4 Not Enrolled in School by State 50% of Georgia children ages 3-4 are not enrolled in nursery or preschool programs. Preparedness of students starts in the early years and can impact 3rd-grade literacy rates.

State

Number of Children

Share of Children

Rank: Share of Children

Alabama

68,000

56%

17 (T)

Alaska

13,000

59%

20 (T)

Arizona

111,000

61%

22

Arkansas

41,000

53%

14 (T)

California

512,000

50%

11 (T)

Colorado

68,000

49%

10 (T)

Connecticut

26,000

34%

1

Delaware

11,000

49%

10 (T)

District of Columbia

4,000

21%

-

Florida

225,000

48%

9 (T)

Georgia

137,000

50%

11 (T)

Hawaii

18,000

50%

11 (T)

Idaho

32,000

64%

24

Illinois

140,000

45%

6

Indiana

101,000

59%

20 (T)

Iowa

44,000

54%

15 (T)

Kansas

41,000

52%

13 (T)

Kentucky

68,000

60%

21 (T)

Louisiana

62,000

48%

9 (T)

Maine

14,000

54%

15 (T)

Maryland

77,000

51%

12 (T)

Massachusetts

58,000

40%

4

Michigan

125,000

53%

14 (T)

Minnesota

74,000

52%

13 (T)

Mississippi

35,000

46%

7

Missouri

82,000

54%

15 (T)

Montana

15,000

60%

21 (T)

Nebraska

29,000

55%

16 (T) continued →

64


2017-2019 Children ages 3 to 4 Not Enrolled in School by State

Georgia Chamber Foundation

State

Number of Children

Share of Children

Rank: Share of Children

Nevada

49,000

62%

23

New Hampshire

12,000

46%

8

New Jersey

74,000

35%

2

New Mexico

27,000

55%

16 (T)

New York

190,000

41%

5

North Carolina

140,000

56%

17 (T)

North Dakota

14,000

68%

26

Ohio

154,000

54%

15 (T)

Oklahoma

59,000

57%

18 (T)

Oregon

52,000

54%

15 (T)

Pennsylvania

154,000

53%

14 (T)

Rhode Island

13,000

55%

16 (T)

South Carolina

65,000

55%

16 (T)

South Dakota

14,000

58%

19

Tennessee

100,000

60%

21 (T)

Texas

474,000

57%

18 (T)

Utah

58,000

56%

17 (T)

Vermont

4,000

36%

3

Virginia

104,000

51%

12 (T)

Washington

103,000

54%

15 (T)

West Virginia

26,000

66%

25

Wisconsin

78,000

57%

18 (T)

Wyoming

9,000

59%

20 (T)

Children ages 3 to 4 not enrolled in school, including nursery, preschool of kindergarten in the previous 3 months Sourced from the Annie E. Casey Foundation Kids Count Data Center

65


War for Talent

Table 21

2023 High Tech Employment and Wages by State Georgia ranks 14th in growth of high-tech employment and ranks 13th in terms of wages for those high-tech jobs. This is higher than most other southern states, but Georgia falls behind states that traditionally have higher investments in research and development spending.

State

2022-2023 Employment Growth

Rank: 2022-2023 Employment Growth

Median Wage

Rank: Median Wage

United States

3.23%

-

$100,615

-

Alabama

2.63%

24

$85,764

22

Alaska

5.52%

50

$84,063

25

Arizona

3.58%

32

$88,355

19

Arkansas

4.76%

26

$71,525

42

California

1.38%

30

$119,568

2

Colorado

5.46%

10

$103,946

8

Connecticut

2.63%

34

$99,809

10

Delaware

1.59%

39

$103,329

9

District of Columbia

3.41%

-

$122,889

-

Florida

3.79%

6

$81,533

28

Georgia

2.75%

14

$96,197

13

Hawaii

3.26%

35

$86,864

20

Idaho

2.85%

13

$70,490

45

Illinois

4.27%

31

$90,986

17

Indiana

1.65%

21

$77,140

37

Iowa

2.59%

41

$83,728

27

Kansas

2.69%

27

$78,880

32

Kentucky

1.46%

36

$71,339

43

Louisiana

1.30%

12

$68,661

47

Maine

1.30%

8

$79,878

31

Maryland

2.99%

42

$109,357

6

Massachusetts

6.19%

43

$112,912

4

Michigan

4.34%

29

$85,010

23

Minnesota

3.06%

45

$93,196

16 continued →

66


2023 High Tech Employment and Wages by State

Georgia Chamber Foundation

State

2022-2023 Employment Growth

Rank: 2022-2023 Employment Growth

Median Wage

Rank: Median Wage

Mississippi

2.47%

15

$66,901

49

Missouri

4.67%

47

$78,245

36

Montana

2.86%

20

$72,873

41

Nebraska

0.60%

49

$81,479

29

Nevada

1.65%

1

$75,778

38

New Hampshire

2.81%

17

$95,179

14

New Jersey

2.08%

19

$113,345

3

New Mexico

1.87%

37

$78,426

34

New York

3.56%

16

$105,767

7

North Carolina

1.28%

28

$98,640

11

North Dakota

6.44%

33

$71,205

44

Ohio

3.99%

25

$84,810

24

Oklahoma

3.91%

38

$73,830

40

Oregon

2.83%

23

$97,171

12

Pennsylvania

2.07%

18

$86,082

21

Rhode Island

3.77%

44

$94,860

15

South Carolina

1.51%

7

$78,480

33

South Dakota

4.47%

22

$65,877

50

Tennessee

1.83%

2

$74,837

39

Texas

4.01%

3

$89,833

18

Utah

2.36%

9

$83,891

26

Vermont

3.09%

40

$78,290

35

Virginia

1.79%

46

$109,646

5

Washington

3.05%

4

$129,955

1

West Virginia

2.50%

11

$68,862

46

Wisconsin

0.06%

48

$80,564

30

Wyoming

4.98%

5

$67,175

48

Sourced from CompTIA 2023 State of the Tech Workforce Report

67


War for Talent

Table 22

2022 STEM Doctorates Awarded by State Georgia ranks 11th for the number of STEM doctorates awarded. The state outpaces many southern states but lags other states that have more research and development spending creating an opportunity for Georgia. State

Degrees Awarded

Rank

United States

45,924

-

Alabama

524

27

Alaska

34

50

Arizona

739

22

Arkansas

225

36

California

5,768

1

Colorado

994

16

Connecticut

581

23

Delaware

218

38

District of Columbia

366

-

Florida

1,889

7

Georgia

1,295

11

Hawaii

115

44

Idaho

112

45

Illinois

2,053

6

Indiana

1,289

12

Iowa

577

24

Kansas

369

30

Kentucky

355

31

Louisiana

471

28

Maine

62

49

Maryland

1,203

13

Massachusetts

2,721

4

Michigan

1,589

8

Minnesota

1,107

15

Mississippi

307

35

Missouri

747

21

Montana

119

43

Nebraska

334

32 continued →

68


2022 STEM Doctorates Awarded by State

Georgia Chamber Foundation

State

Degrees Awarded

Rank

Nevada

187

40

New Hampshire

191

39

New Jersey

925

17

New Mexico

225

36

New York

3,273

3

North Carolina

1,517

10

North Dakota

138

42

Ohio

1,530

9

Oklahoma

329

33

Oregon

546

26

Pennsylvania

2,235

5

Rhode Island

320

34

South Carolina

404

29

South Dakota

100

46

Tennessee

804

18

Texas

3,359

2

Utah

567

25

Vermont

64

48

Virginia

1,170

14

Washington

761

20

West Virginia

164

41

Wisconsin

768

19

Wyoming

65

47

Sourced from National Science Foundation

69


War for Talent

Table 23

New Private Housing Unit Building Permits Authorized The state ranks 4th nationally for change in the last year of new private housing building units authorized. This is positive in aiding the housing shortage in the state and attempting to return to previous levels. State

2021

2022

% Change

Rank: % Change

United States

1,736,982

1,665,088

-4.1%

-

Alabama

22,100

19,506

-11.7%

40

Alaska

1,552

578

-62.8%

50

Arizona

65,334

60,994

-6.6%

30

Arkansas

14,198

14,356

1.1%

15

California

119,436

119,667

0.2%

18

Colorado

56,524

48,839

-13.6%

41

Connecticut

4,651

5,652

21.5%

2

Delaware

8,500

6,417

-24.5%

48

District of Columbia

4,740

7,705

62.6%

-

Florida

213,494

211,962

-0.7%

20

Georgia

67,223

77,222

14.9%

4

Hawaii

3,459

4,330

25.2%

1

Idaho

21,732

18,737

-13.8%

42

Illinois

19,658

20,550

4.5%

10

Indiana

29,860

28,274

-5.3%

29

Iowa

13,686

12,711

-7.1%

32

Kansas

9,538

9,560

0.2%

17

Kentucky

14,841

15,050

1.4%

13

Louisiana

19,147

16,270

-15.0%

45

Maine

6,530

7,105

8.8%

7

Maryland

18,496

19,346

4.6%

8

Massachusetts

19,853

17,692

-10.9%

38

Michigan

21,732

21,983

1.2%

14

Minnesota

33,652

31,096

-7.6%

34

Mississippi

7,988

7,586

-5.0%

28

Missouri

21,372

20,963

-1.9%

24

Montana

7,272

6,457

-11.2%

39 continued →

70


New Private Housing Unit Building Permits Authorized

Georgia Chamber Foundation

State

2021

2022

% Change

Rank: % Change

Nebraska

10,723

11,113

3.6%

11

Nevada

23,406

20,031

-14.4%

44

New Hampshire

4,892

4,783

-2.2%

25

New Jersey

37,094

36,974

-0.3%

19

New Mexico

7,753

8,838

14.0%

5

New York

40,135

41,972

4.6%

9

North Carolina

94,874

91,852

-3.2%

26

North Dakota

3,600

3,445

-4.3%

27

Ohio

30,418

30,913

1.6%

12

Oklahoma

14,733

13,735

-6.8%

31

Oregon

21,916

20,321

-7.3%

33

Pennsylvania

47,894

28,008

-41.5%

49

Rhode Island

1,392

1,371

-1.5%

23

South Carolina

50,680

45,870

-9.5%

37

South Dakota

7,917

9,421

19.0%

3

Tennessee

57,484

52,512

-8.6%

36

Texas

265,955

263,054

-1.1%

22

Utah

39,058

31,749

-18.7%

47

Vermont

2,319

2,302

-0.7%

21

Virginia

39,388

39,701

0.8%

16

Washington

56,941

49,033

-13.9%

43

West Virginia

3,692

3,406

-7.7%

35

Wisconsin

25,444

21,072

-17.2%

46

Wyoming

2,706

3,004

11.0%

6

Sourced from the Census Bureau Building Permits Survey

More building permits were issued in the last five years of the 1990s than from 2010 to 2019. Sourced from the Georgia Public Policy Foundation

71


War for Talent

Table 24

Housing Inventory by State Over the last year Georgia has experienced more than a 6% decline in the number of active listings, ranking 27th nationally. This decline in available inventory and slowing of housing churn creates barriers for new and current homeowners as fewer home options are available on the market.

State

Q3 2022 Avg. Inventory

Q3 2023 Avg. Inventory

% Change

Rank: % Change

United States Avg.

14,014

13,147

-6.2%

-

Alabama

11,588

12,882

11.2%

9

Alaska

1,706

1,593

-6.6%

28

Arizona

22,511

14,606

-35.1%

50

Arkansas

6,830

7,920

15.9%

3

California

59,106

41,718

-29.4%

46

Colorado

17,701

17,541

-0.9%

20

Connecticut

5,719

4,017

-29.8%

47

Delaware

2,006

1,930

-3.8%

26

District of Columbia

1,899

1,813

-4.5%

-

Florida

78,520

86,232

9.8%

11

Georgia

27,283

25,601

-6.2%

27

Hawaii

3,098

3,207

3.5%

16

Idaho

8,628

7,086

-17.9%

39

Illinois

24,640

18,179

-26.2%

45

Indiana

10,571

10,452

-1.1%

21

Iowa

6,895

7,146

3.7%

15

Kansas

4,604

5,137

11.6%

8

Kentucky

7,292

7,146

-2.0%

23

Louisiana

9,577

12,661

32.2%

1

Maine

3,430

3,117

-9.1%

30

Maryland

9,777

7,658

-21.7%

43

Massachusetts

8,981

7,163

-20.2%

42

Michigan

21,014

17,147

-18.4%

40

Minnesota

11,124

10,801

-2.9%

24

Mississippi

5,070

5,865

15.7%

4

Missouri

12,576

12,353

-1.8%

22 continued →

72


Housing Inventory by State

Georgia Chamber Foundation

State

Q3 2022 Avg. Inventory

Q3 2023 Avg. Inventory

% Change

Rank: % Change

Montana

3,869

4,171

7.8%

13

Nebraska

3,205

3,642

13.6%

6

Nevada

13,352

8,899

-33.3%

49

New Hampshire

2,338

1,901

-18.7%

41

New Jersey

18,373

12,833

-30.2%

48

New Mexico

4,171

4,231

1.4%

19

New York

39,187

35,010

-10.7%

33

North Carolina

21,804

21,016

-3.6%

25

North Dakota

1,926

1,974

2.5%

17

Ohio

15,914

13,625

-14.4%

36

Oklahoma

8,729

9,910

13.5%

7

Oregon

10,807

11,060

2.3%

18

Pennsylvania

21,604

18,620

-13.8%

35

Rhode Island

1,435

1,064

-25.8%

44

South Carolina

13,993

14,705

5.1%

14

South Dakota

2,166

2,770

27.9%

2

Tennessee

17,261

19,069

10.5%

10

Texas

74,245

84,574

13.9%

5

Utah

10,397

9,332

-10.2%

32

Vermont

1,350

1,221

-9.6%

31

Virginia

14,886

12,480

-16.2%

37

Washington

15,412

12,693

-17.6%

38

West Virginia

3,170

2,913

-8.1%

29

Wisconsin

11,008

9,654

-12.3%

34

Wyoming

1,956

2,142

9.5%

12

Housing inventory is measured as the number of active listings on the market at the time of survey Sourced from Realtor.com monthly inventory reports

73


War for Talent

Table 25

2023 Home Ownership Rates by State Georgia’s homeownership rate increased to 64.7% in 2022 from 64% in 2021. The homeownership rate peaked in 2002 and is currently down 7% since that time.

State

2021

2022

2021 to 2022 Difference

Rank: 2021 to 2022 Difference

United States

65.5%

65.8%

0.30%

-

Alabama

73.4%

72.1%

-1.30%

47

Alaska

64.0%

65.1%

1.10%

18

Arizona

65.2%

68.1%

2.90%

4

Arkansas

66.1%

66.8%

0.70%

21

California

54.2%

55.3%

1.10%

19

Colorado

65.9%

67.4%

1.50%

12

Connecticut

66.1%

64.8%

-1.30%

46

Delaware

73.5%

74.9%

1.40%

16

District of Columbia

42.3%

42.3%

0.00%

-

Florida

67.2%

67.3%

0.10%

31

Georgia

64.0%

64.7%

0.70%

22

Hawaii

58.1%

59.2%

1.10%

17

Idaho

71.0%

71.3%

0.30%

27

Illinois

68.3%

66.7%

-1.60%

49

Indiana

73.0%

72.6%

-0.40%

35

Iowa

72.1%

73.8%

1.70%

10

Kansas

69.3%

69.0%

-0.30%

33

Kentucky

72.1%

71.4%

-0.70%

41

Louisiana

68.9%

69.6%

0.70%

23

Maine

75.9%

74.9%

-1.00%

44

Maryland

69.7%

71.8%

2.10%

6

Massachusetts

62.0%

61.2%

-0.80%

42

Michigan

73.0%

74.0%

1.00%

20

Minnesota

75.6%

75.1%

-0.50%

39

Mississippi

71.3%

73.1%

1.80%

9

Missouri

72.8%

70.6%

-2.20%

50

Montana

68.1%

68.3%

0.20%

29

Nebraska

68.4%

69.0%

0.60%

24

Nevada

60.5%

60.3%

-0.20%

32 continued →

74


2023 Home Ownership Rates by State

Georgia Chamber Foundation

State

2021

2022

2021 to 2022 Difference

Rank: 2021 to 2022 Difference

New Hampshire

74.0%

74.6%

0.60%

25

New Jersey

62.7%

64.2%

1.50%

13

New Mexico

69.0%

71.1%

2.10%

7

New York

53.6%

53.9%

0.30%

28

North Carolina

65.8%

65.9%

0.10%

30

North Dakota

63.5%

65.4%

1.90%

8

Ohio

67.4%

66.0%

-1.40%

48

Oklahoma

67.0%

68.5%

1.50%

14

Oregon

65.8%

64.9%

-0.90%

43

Pennsylvania

70.2%

70.7%

0.50%

26

Rhode Island

62.8%

65.8%

3.00%

3

South Carolina

73.2%

74.7%

1.50%

15

South Dakota

71.1%

70.8%

-0.30%

34

Tennessee

67.7%

67.3%

-0.40%

36

Texas

64.1%

63.6%

-0.50%

38

Utah

68.8%

71.2%

2.40%

5

Vermont

73.9%

72.7%

-1.20%

45

Virginia

68.0%

67.4%

-0.60%

40

Washington

63.4%

66.6%

3.20%

2

West Virginia

79.0%

78.6%

-0.40%

37

Wisconsin

68.3%

70.0%

1.70%

11

Wyoming

72.1%

75.3%

3.20%

1

Sourced from Census Bureau Housing Vacancies and Homeownership data

75


War for Talent

Table 26a

Georgia Monthly Payments by County The average county in Georgia has seen over a 50% increase in monthly housing payments per month, with the largest increase in Metro Atlanta at over 60%. Median sales prices of homes have fluctuated significantly over just the first quarter of 2023, rising significantly in Hub communities and Metro Atlanta by as much as $23,000. TABLE A County

Q1 2022 Monthly Payment

Q1 2023 Monthly Payment

% Change

Georgia

$757.04

$1,163.11

53.6%

Rural Georgia

$678.53

$1,032.60

52.2%

Hub Georgia

$956.77

$1,468.00

53.4%

Metro Atlanta

$1,484.55

$2,404.55

62.0%

Appling

$477.00

$646.00

35.4%

Atkinson

$347.00

$485.00

39.8%

Bacon

$450.00

$685.00

52.2%

Baker

$563.00

$698.00

24.0%

Baldwin

$705.00

$1,010.00

43.3%

Banks

$900.00

$1,369.00

52.1%

Barrow

$1,158.00

$1,818.00

57.0%

Bartow

$1,159.00

$1,737.00

49.9%

Ben Hill

$468.00

$669.00

42.9%

Berrien

$521.00

$805.00

54.5%

Bibb

$647.00

$1,108.00

71.3%

Bleckley

$558.00

$827.00

48.2%

Brooks

$484.00

$665.00

37.4%

Brantley

$489.00

$738.00

50.9%

Bryan

$1,215.00

$1,949.00

60.4%

Bulloch

$1,002.00

$1,329.00

32.6%

Burke

$480.00

$659.00

37.3%

Butts

$869.00

$1,313.00

51.1%

Calhoun

$267.00

$449.00

68.2%

Camden

$938.00

$1,417.00

51.1%

Candler

$492.00

$735.00

49.4% continued →

76


Georgia Monthly Payments by County

Georgia Chamber Foundation

County

Q1 2022 Monthly Payment

Q1 2023 Monthly Payment

% Change

Carroll

$1,048.00

$1,648.00

57.3%

Catoosa

$832.00

$1,789.00

115.0%

Charlton

$477.00

$742.00

55.6%

Chatham

$1,090.00

$1,892.00

73.6%

Chattahoochee

$408.00

$784.00

92.2%

Chattooga

$423.00

$569.00

34.5%

Cherokee

$1,632.00

$2,790.00

71.0%

Clarke

$1,362.00

$1,847.00

35.6%

Clay

$386.00

$473.00

22.5%

Clayton

$809.00

$1,349.00

66.7%

Clinch

$393.00

$555.00

41.2%

Cobb

$1,699.00

$2,665.00

56.9%

Coffee

$582.00

$838.00

44.0%

Colquitt

$507.00

$751.00

48.1%

Columbia

$1,257.00

$1,934.00

53.9%

Cook

$511.00

$851.00

66.5%

Coweta

$1,378.00

$2,288.00

66.0%

Crawford

$617.00

$1,039.00

68.4%

Crisp

$455.00

$755.00

65.9%

Dade

$714.00

$1,048.00

46.8%

Dawson

$1,342.00

$2,071.00

54.3%

Decatur

$629.00

$939.00

49.3%

Dekalb

$1,549.00

$2,320.00

49.8%

Dodge

$474.00

$741.00

56.3%

Dooly

$446.00

$623.00

39.7%

Dougherty

$737.00

$739.00

0.3%

Douglas

$1,066.00

$1,891.00

77.4%

Early

$661.00

$921.00

39.3%

Echols

$394.00

$543.00

37.8%

Effingham

$912.00

$1,811.00

98.6%

Elbert

$478.00

$714.00

49.4%

Emanual

$409.00

$599.00

46.5%

Evans

$535.00

$860.00

60.7%

Fannin

$1,132.00

$1,690.00

49.3%

Fayette

$1,799.00

$2,823.00

56.9%

Floyd

$918.00

$1,377.00

50.0%

Forsyth

$2,189.00

$3,457.00

57.9%

Franklin

$660.00

$1,015.00

53.8%

Fulton

$1,899.00

$3,023.00

59.2%

Gilmer

$1,126.00

$1,682.00

49.4%

Glascock

$452.00

$778.00

72.1%

Glynn

$989.00

$1,944.00

96.6% continued →

77


War for Talent

Table 26a

County

Q1 2022 Monthly Payment

Q1 2023 Monthly Payment

% Change

Gorden

$812.00

$1,208.00

48.8%

Grady

$666.00

$1,002.00

50.5%

Greene

$1,321.00

$1,947.00

47.4%

Gwinnett

$1,457.00

$2,391.00

64.1%

Habersham

$849.00

$1,245.00

46.6%

Hall

$1,394.00

$2,194.00

57.4%

Hancock

$440.00

$648.00

47.3%

Haralson

$800.00

$1,196.00

49.5%

Harris

$1,147.00

$1,674.00

45.9%

Hart

$816.00

$1,224.00

50.0%

Heard

$635.00

$905.00

42.5%

Henry

$1,252.00

$1,946.00

55.4%

Houston

$841.00

$1,326.00

57.7%

Irwin

$455.00

$662.00

45.5%

Jackson

$1,143.00

$2,363.00

106.7%

Jasper

$805.00

$1,198.00

48.8%

Jeff Davis

$470.00

$695.00

47.9%

Jefferson

$469.00

$689.00

46.9%

Jenkins

$336.00

$595.00

77.1%

Johnson

$377.00

$593.00

57.3%

Jones

$761.00

$1,015.00

33.4%

Lamar

$809.00

$1,221.00

50.9%

Lanier

$611.00

$878.00

43.7%

Laurens

$545.00

$850.00

56.0%

Lee

$868.00

$1,208.00

39.2%

Liberty

$757.00

$1,477.00

95.1%

Lincoln

$724.00

$1,117.00

54.3%

Long

$735.00

$1,252.00

70.3%

Lowndes

$815.00

$1,210.00

48.5%

Lumpkin

$1,090.00

$1,681.00

54.2%

Macon

$375.00

$523.00

39.5%

Madison

$774.00

$1,214.00

56.8%

Marion

$544.00

$677.00

24.4%

McDuffie

$614.00

$889.00

44.8%

McIntosh

$796.00

$1,207.00

51.6%

Meriwether

$624.00

$874.00

40.1%

Miller

$544.00

$824.00

51.5%

Mitchell

$516.00

$689.00

33.5%

Monroe

$889.00

$1,272.00

43.1%

Montgomery

$505.00

$726.00

43.8%

Morgan

$1,261.00

$1,866.00

48.0%

Murray

$655.00

$1,026.00

56.6% continued →

78


Georgia Monthly Payments by County

Georgia Chamber Foundation

County

Q1 2022 Monthly Payment

Q1 2023 Monthly Payment

% Change

Muscogee

$707.00

$1,201.00

69.9%

Newton

$979.00

$1,535.00

56.8%

Oconee

$1,645.00

$2,562.00

55.7%

Oglethorpe

$720.00

$1,132.00

57.2%

Paulding

$1,119.00

$2,019.00

80.4%

Peach

$767.00

$1,146.00

49.4%

Pickens

$1,090.00

$1,714.00

57.2%

Pierce

$557.00

$801.00

43.8%

Pike

$1,008.00

$1,574.00

56.2%

Polk

$667.00

$1,028.00

54.1%

Pulaski

$599.00

$814.00

35.9%

Putnam

$907.00

$1,349.00

48.7%

Quitman

$384.00

$463.00

20.6%

Rabun

$1,015.00

$1,481.00

45.9%

Randolph

$417.00

$616.00

47.7%

Richmond

$754.00

$964.00

27.9%

Rockdale

$979.00

$1,795.00

83.4%

Schley

$738.00

$1,028.00

39.3%

Screven

$469.00

$770.00

64.2%

Seminole

$504.00

$735.00

45.8%

Spalding

$951.00

$1,354.00

42.4%

Stephens

$678.00

$988.00

45.7%

Stewart

$241.00

$376.00

56.0%

Sumter

$668.00

$908.00

35.9%

Talbot

$541.00

$770.00

42.3%

Taliaferro

$348.00

$507.00

45.7%

Tattnall

$492.00

$727.00

47.8%

Taylor

$477.00

$678.00

42.1%

Telfair

$379.00

$537.00

41.7%

Terrell

$486.00

$631.00

29.8%

Thomas

$823.00

$1,234.00

49.9%

Tift

$673.00

$1,020.00

51.6%

Toombs

$535.00

$797.00

49.0%

Towns

$1,324.00

$1,887.00

42.5%

Treutlen

$394.00

$589.00

49.5%

Troup

$767.00

$1,271.00

65.7%

Turner

$403.00

$596.00

47.9%

Twiggs

$365.00

$520.00

42.5%

Union

$1,089.00

$1,676.00

53.9%

Upson

$563.00

$894.00

58.8%

Walker

$832.00

$1,164.00

39.9%

Walton

$1,231.00

$2,137.00

73.6% continued →

79


War for Talent

Table 26a, 26b

County

Q1 2022 Monthly Payment

Q1 2023 Monthly Payment

% Change

Ware

$475.00

$681.00

43.4%

Warren

$354.00

$547.00

54.5%

Washington

$506.00

$764.00

51.0%

Wayne

$635.00

$945.00

48.8%

Webster

$381.00

$567.00

48.8%

Wheeler

$304.00

$525.00

72.7%

White

$1,000.00

$1,544.00

54.4%

Whitfield

$927.00

$1,348.00

45.4%

Wilcox

$339.00

$492.00

45.1%

Wilkes

$432.00

$620.00

43.5%

Wilkinson

$384.00

$598.00

55.7%

Worth

$486.00

$640.00

31.7%

Sourced from the National Association of Realtors County Median Home Prices Map

Georgia Monthly Payments by County TABLE B County

Median Sales Price, January 2023

Median Sales Price, February 2023

Median Sales Price, March 2023

Georgia

$319,900.00

$330,700.00

$340,000.00

Rural Georgia

$248,441.10

$265,106.05

$249,571.47

Hub Georgia

$255,142.31

$248,915.38

$272,295.00

Metro Atlanta

$368,978.91

$382,770.45

$392,613.64

Sourced in Partnership with the Georgia Association of Realtors 80


Table Title

Georgia Chamber Foundation

81


2024 Redbook

Infrastructure of the Future

03.

Infrastructure of the Future

This section features a variety of metrics all related to Georgia’s infrastructure. Traditional infrastructure is featured with data regarding our rail system, airports, and ports. Metrics regarding broadband in the state are also included as well as information pertaining to healthcare as it serves as vital infrastructure in communities.

• TABLE 28 Hartsfield Jackson International Airport, Number of Passengers • TABLE 29 Georgia Airport Economic Impact by Airport • TABLE 30 Georgia Port Monthly TEU Throughput • TABLE 31 2020 Total Rail Miles by State • TABLE 32 Warehousing Employment by State 82


Georgia Chamber Foundation

• TABLE 33 Georgia Warehousing Rental Rates • TABLE 34 2022 Electric Generation Capacity by State • TABLE 35 2021 Freight Flow by State • TABLE 36 2023 Georgia Broadband Service by County • TABLE 37 2022 Share of Population living in Health Professional Shortage Area by County • TABLE 38 Georgia Rate of Medical Professionals per 100K Residents • TABLE 39 Georgia NonCommunicable Disease Data by County

83


Infrastructure of the Future

Table 28

Hartsfield Jackson International Airport, Number of Passengers Hartsfield Jackson International Airport accommodated 93.7 million passengers in 2022, a 23% increase from 2021. However, the airport still falls behind pre-pandemic passenger numbers.

Year

Number of Passengers (in Millions)

Year over Year % Change in Passengers

2000

80.16

-

2001

75.86

-5.36%

2002

75.88

1.34%

2003

79.09

2.87%

2004

83.61

5.72%

2005

85.91

2.75%

2006

84.85

-1.23%

2007

89.38

5.34%

2008

90.04

0.74%

2009

88.03

-2.23%

2010

89.33

1.48%

2011

92.39

3.43%

2012

95.46

3.32%

2013

94.43

-1.08%

2014

96.18

1.85%

2015

101.49

5.52%

2016

104.17

2.64%

2017

103.9

-0.26%

2018

107.39

3.36%

2019

110.53

2.92%

2020

42.92

-61.17%

2021

75.7

76.37%

2022

93.7

23.78%

Sourced from Statista

84

80% of the U.S. population can be reached within a two hour flight. Sourced from Georgia Department of Economic Development


Infrastructure of the Future

Table 29

Georgia Chamber Foundation

Georgia Airport Economic Impact by Airport Georgia’s airports employ 519,542 individuals and generate more than $75.5 billion dollars in economic impact across the state. They also serve as integral hubs to connect the state’s logistics network.

Associated City

Airport Name

Total Employment

Total Annual Economic Activity

Albany

Southwest Georgia Regional Airport

614

$62,992,300

Augusta

Augusta Regional Airport at Bush Field

2,639

$285,707,700

Brunswick

Brunswick-Golden Isles Airport

1,615

$154,929,900

Columbus

Columbus Airport

711

$94,553,400

Macon

Middle Georgia Regional Airport

1,640

$153,857,100

Savannah

Savannah/Hilton Head International Airport

44,786

$4,214,154,300

Valdosta

Valdosta Regional Airport

362

$37,252,800

Study Commercial Service Airports Total

52,367

$5,003,447,500

Hartsfield-Jackson Atlanta International Airport

383,242

$66,700,000,000

All Commercial Service Airports Total

435,609

$71,703,447,500

Adel

Cook County Airport

24

$2,472,200

Alma

Bacon County Airport

13

$1,332,200

Americus

Jimmy Carter Regional Airport

35

$4,287,900

Ashburn

Turner County Airport

9

$752,400

Athens

Athens-Ben Epps Airport

332

$27,841,600

Atlanta

Atlanta Regional Airport-Falcon Field (Peachtree City)

801

$160,151,600

Atlanta

Cobb County International Airport-McCollum Field

954

$129,338,300

Atlanta

Covington Municipal Airport

148

$18,892,800

Atlanta

DeKalb-Peachtree Airport

2,602

$372,147,400

Atlanta

Fulton County Airport-Brown Field

2,089

$342,030,500

Atlanta

Newnan-Coweta County Airport

447

$40,128,400

Atlanta

Paulding-Northwest Atlanta Airport

68

$7,209,900

Augusta

Daniel Field Airport

237

$30,245,200

Bainbridge

Decatur County Industrial Air Park

45

$4,300,200

Baxley

Baxley Municipal Airport

25

$2,708,400

Blairsville

Blairsville Airport

65

$8,255,900

Blakely

Early County Airport

8

$753,500

Brunswick

Saint Simons Island Airport

488

$43,227,400

Atlanta

continued →

85


Infrastructure of the Future

Table 29

Associated City

Airport Name

Total Employment

Total Annual Economic Activity

Buena Vista

Marion County Airport

5

$791,000

Butler

Butler Municipal Airport

13

$1,605,400

Cairo

Cairo-Grady County Airport

9

$797,300

Calhoun

Tom B. David Field Airport

112

$12,203,700

Camilla

Camilla-Mitchell County Airport

63

$8,033,700

Canon

Franklin County Airport

17

$1,528,800

Canton

Cherokee County Airport

114

$10,554,200

Carrollton

West Georgia Regional Airport- O.V. Gray Field

120

$15,042,800

Cartersville

Cartersville Airport

697

$113,827,800

Cedartown

Polk County Airport-Cornelius Moore Field

21

$2,715,500

Claxton

Claxton-Evans County Airport

26

$4,084,800

Cochran

Cochran Airport

41

$5,432,000

Cordele

Crisp County-Cordele Airport

35

$2,932,800

Cornelia

Habersham County Airport

98

$11,959,600

Cuthbert

Lower Chattahoochee Regional Airport

11

$2,001,700

Dahlonega

Lumpkin County-Wimpy’s Airport

31

$4,741,200

Dalton

Dalton Municipal Airport

71

$7,781,800

Dawson

Dawson Municipal Airport

28

$3,303,000

Donalsonville

Donalsonville Municipal Airport

60

$5,433,300

Douglas

Douglas Municipal Airport

102

$11,053,000

Dublin

W.H. “Bud” Barron Airport

22

$2,430,400

Eastman

Heart of Georgia Regional Airport

646

$52,004,300

Elberton

Elbert County Airport-Patz Field

10

$880,500

Ellijay

Gilmer County Airport

8

$1,235,800

Fitzgerald

Fitzgerald Municipal Airport

17

$1,393,400

Folkston

Davis Field Airport

2

$378,300

Gainesville

Lee Gilmer Memorial Airport

216

$21,072,400

Greensboro

Greene County Regional Airport

44

$4,592,200

Griffin

Griffin-Spalding County Airport

231

$24,798,900

Hampton

Henry County Airport

154

$16,850,400

Hawkinsville

Hawkinsville-Pulaski County Airport

8

$1,149,100

Hazlehurst

Hazlehurst Airport

16

$1,731,200

Hinesville

MidCoast Regional Airport at Wright Army Airfield

96

$8,422,400

Homerville

Homerville Airport

46

$7,181,300

Jasper

Pickens County Airport

23

$2,318,100

Jefferson

Jackson County Airport

42

$4,102,400

Jekyll Island

Jekyll Island Airport

33

$2,687,300

Jesup

Jesup-Wayne County Airport

15

$1,693,300

LaFayette

Barwick LaFayette Airport

42

$4,067,000

LaGrange

LaGrange-Callaway Airport

125

$16,535,400

Lawrenceville

Gwinnett County AirportBriscoe Field

1,185

$140,205,600

Louisville

Louisville Municipal Airport

21

$1,948,300 continued →

86


Georgia Airport Economic Impact by Airport

Georgia Chamber Foundation

Associated City

Airport Name

Total Employment

Total Annual Economic Activity

Macon

Macon Downtown Airport

80

$6,808,000

Madison

Madison Municipal Airport

19

$2,230,900

Mc Rae

Telfair-Wheeler Airport

45

$6,759,600

Metter

Metter Municipal Airport

11

$1,381,600

Milledgeville

Baldwin County Airport

36

$6,170,500

Millen

Millen Airport

6

$823,600

Monroe

Monroe-Walton County Airport

14

$2,024,200

Montezuma

Dr. C.P. Savage, Sr. Airport

3

$189,700

Moultrie

Moultrie Airport

98

$11,724,000

Moultrie

Spence Airport

83

$6,515,800

Nahunta

Brantley County Airport

2

$274,200

Nashville

Berrien County Airport

5

$509,900

Perry

Perry-Houston County Airport

98

$10,347,200

Pine Mountain

Harris County Airport

41

$5,184,200

Quitman

Quitman Brooks County Airport

8

$726,800

Reidsville

Swinton Smith Field at Reidsville Municipal Airport

12

$1,547,700

Rome

Richard B. Russell Regional Airport-J.H. Towers Field

146

$14,533,600

Sandersville

Kaolin Field Airport

26

$2,853,800

Soperton

Treutlen County Airport

1

$195,100

Statesboro

Statesboro-Bulloch County Airport

95

$8,969,300

Swainsboro

East Georgia Regional Airport

70

$7,759,800

Sylvania

Plantation Airpark

31

$3,124,900

Sylvester

Sylvester Airport

28

$3,372,500

Thomaston

Thomaston-Upson County Airport

183

$22,621,400

Thomasville

Thomasville Regional Airport

111

$20,631,800

Thomson

Thomson-McDuffie Regional Airport

49

$5,868,800

Tifton

Henry Tift Myers Airport

42

$5,347,000

Toccoa

Toccoa Airport-RG LeTourneau Field

45

$3,755,600

Vidalia

Vidalia Regional Airport

44

$4,511,300

Vidalia

Vidalia Regional Airport

25

$2,284,100

Warm Springs

Roosevelt Memorial Airport

2

$302,700

Washington

Washington-Wilkes County Ai rport

12

$1,714,600

Waycross

Waycross-Ware County Airport

28

$3,484,500

Waynesboro

Burke County Airport

8

$1,554,300

Winder

Barrow County Airport

128

$12,441,500

Wrens

Wrens Memorial Airport

<1

$103,600

General Aviation Airports Total

7,167

$1,115,112,000

All Airports Total

31,566

$3,884,757,100

Sourced from the Georgia Department of Transportation

87


Infrastructure of the Future

Table 30

Georgia Port Monthly TEU throughput Over the last two years, monthly TEU (twenty foot equivalent units) throughput in the port of Savannah has increased more than 25%. This incredible growth proves Georgia’s prominence in the logistics sector and the need to continue investments to maintain our competitive edge.

Month

2020

2021

2022

2020 to 2022 YOY Growth

Georgia Annual Total

4,682,249

5,613,163

5,892,131

25.8%

January

377,671

459,608

476,713

26.2%

Februrary

364,405

390,804

460,413

26.3%

March

335,789

498,064

444,690

32.4%

April

337,890

466,633

495,782

46.7%

May

337,359

478,620

519,388

54.0%

June

338,287

446,815

494,107

46.1%

July

360,697

449,916

530,800

47.2%

August

441,596

485,595

575,513

30.3%

September

412,138

472,062

436,279

5.9%

October

464,095

504,347

552,806

19.1%

November

464,804

495,749

464,883

0.0%

December

447,519

464,951

440,759

-1.5%

Sourced from the Georgia Ports Authority Monthly TEU Throughput report

By 2050, Georgia ports are projecting increases in Twenty-Foot Equivalent Units (TEUs) in yard and berth from 6 million to over 20 million for both. The Port of Savannah is the nation’s fastest growing container port. Sourced from the Georgia Ports Authority

88


Table 31

Infrastructure of the Future

Georgia Chamber Foundation

2020 Total Rail Miles by State Rail miles indicate how extensive the rail railroad network is in a state as well as its role in a state’s logistics network. Georgia ranks 7th and is the only southeastern state in the top ten. State

Rail Miles

Rank

United States

136,667

-

Alabama

3,165

18

Alaska

506

46

Arizona

1,724

36

Arkansas

2,554

27

California

4,948

5

Colorado

2,545

28

Connecticut

571

45

Delaware

230

48

District of Columbia

17

-

Florida

2,716

25

Georgia

4,538

7

Hawaii

-

-

Idaho

1,654

37

Illinois

6,768

2

Indiana

3,946

9

Iowa

3,827

10

Kansas

4,748

6

Kentucky

2,673

26

Louisiana

3,001

22

Maine

1,116

40

Maryland

722

43

Massachusetts

868

42

Michigan

3,429

15

Minnesota

4,373

8

Mississippi

2,541

29

Missouri

3,734

11

Montana

3,680

12

Nebraska

3,138

19

Nevada

1,193

39 continued →

89


Table 31

Infrastructure of the Future

State

Rail Miles

Rank

New Hampshire

369

47

New Jersey

1,087

41

New Mexico

1,859

35

New York

3,442

14

North Carolina

3,125

20

North Dakota

3,223

16

Ohio

5,139

4

Oklahoma

3,222

17

Oregon

2,369

30

Pennsylvania

5,228

3

Rhode Island

143

49

South Carolina

2,191

31

South Dakota

1,868

33

Tennessee

2,730

24

Texas

10,370

1

Utah

1,388

38

Vermont

607

44

Virginia

3,050

21

Washington

2,867

23

West Virginia

2,123

32

Wisconsin

3,482

13

Wyoming

1,860

34

Sourced from American Association of Railroads

Georgia is home to 28 freight railroads (2 class-1s and 26 short-line railroads) Georgia railroads move 190 million tons of freight in Georgia annually. Sourced from the Georgia Department of Economic Development

90


Infrastructure of the Future

Table 32

Georgia Chamber Foundation

Warehousing Employment by State Georgia ranks 4th in growth of jobs in the warehouse sector over the last 5 years. This is illustrative of the significant growth of the logistics industry in the state in recent years.

State

2019 Jobs

2023 Jobs

Change in Jobs 2019 to 2023

Rank: Change in Jobs 2019 to 2023

Alabama

13,594

28,200

14,606

17

Alaska

469

383

-86

47

Arizona

26,961

55,179

28,218

8

Arkansas

8,914

15,999

7,085

29

California

163,814

276,823

113,009

1

Colorado

14,294

25,321

11,027

23

Connecticut

14,112

25,567

11,455

22

Delaware

5,072

12,068

6,996

30

Florida

60,490

110,500

50,010

3

Georgia

57,931

97,411

39,480

4

Hawaii

742

926

184

43

Idaho

2,107

2,312

205

42

Illinois

55,228

80,554

25,326

10

Indiana

46,451

65,929

19,478

14

Iowa

14,859

20,263

5,404

33

Kansas

17,517

25,389

7,872

28

Kentucky

30,948

44,698

13,750

19

Louisiana

8,212

8,637

425

40

Maine

3,958

3,775

-183

48

Maryland

24,347

41,707

17,360

15

Massachusetts

13,361

15,269

1,908

36

Michigan

26,801

42,695

15,894

16

Minnesota

11,621

17,907

6,286

32

Mississippi

15,241

23,600

8,359

26

Missouri

17,335

26,451

9,116

25

Montana

281

447

166

44

Nebraska

6,264

6,244

-20

46

Nevada

25,549

47,043

21,494

12

New Hampshire

2,851

3,657

806

38

New Jersey

61,890

91,600

29,710

7 continued →

91


Infrastructure of the Future

Table 32

State

2019 Jobs

2023 Jobs

Change in Jobs 2019 to 2023

Rank: Change in Jobs 2019 to 2023

New Mexico

1,586

6,143

4,557

34

New York

33,957

57,848

23,891

11

North Carolina

33,466

59,027

25,561

9

North Dakota

748

2,109

1,361

37

Ohio

63,737

97,177

33,440

6

Oklahoma

15,908

27,756

11,848

21

Oregon

13,849

20,198

6,349

31

Pennsylvania

92,405

126,278

33,873

5

Rhode Island

1,238

1,893

655

39

South Carolina

23,034

31,281

8,247

27

South Dakota

914

1,332

418

41

Tennessee

42,199

56,782

14,583

18

Texas

98,099

184,318

86,219

2

Utah

10,689

13,349

2,660

35

Vermont

1,437

1,160

-277

49

Virginia

28,685

39,546

10,861

24

Washington

16,408

36,212

19,804

13

West Virginia

4,956

4,670

-286

50

Wisconsin

21,715

35,318

13,603

20

Wyoming

1,790

1,939

149

45

Sourced from US Bureau of Labor Statistics reported from Lightcast

90 percent of the world’s top third-party logistics providers (3PLs) operate in Georgia Sourced from the Georgia Department of Economic Development

92


Infrastructure of the Future

Table 33

Georgia Chamber Foundation

Georgia Warehousing Rental Rates Compared to the national average, Georgia’s warehouse rental rates remain more affordable and have grown at a more reasonable rate. This bodes well for future growth of the logistics industry in Georgia. Quarter

Average Georgia Rate

Average National Rate

Q1 -2021

$5.14

$6.90

Q2 -2021

$6.25

$7.03

Q3 -2021

$5.57

$7.18

Q4 -2021

$5.98

$7.39

Q1 -2022

$6.30

$7.89

Q2 - 2022

$6.51

$8.36

Q3 -2022

$6.64

$8.70

Q4-2022

$6.65

$8.81

Q1- 2023

$6.84

$9.19

Q2- 2023

$6.86

$9.59

% Change Q2 2021 till Q2 2023

10%

36%

Sourced from the Georgia Center of Innovation Logistics Market Snapshots

Home to nearly 900 million square feet of warehouse distribution space, Atlanta is largest warehousing market in the SE and 6th largest in U.S. Sourced from the Georgia Department of Economic Development

93


Infrastructure of the Future

Table 34

2022 Electric Generation Capacity by State Georgia ranks 7th nationally in electric generation capacity. The breadth of Georgia’s network ensures reliable, affordable energy with lower risk and reduced costs for Georgians and Georgia businesses. State

Number of Generators

Megawatt Capacity

Rank

United States Avg.

498

24,583

-

Alabama

550

3,077

47

Alaska

267

30,515

14

Arizona

170

16,572

29

Arkansas

364

31,309

12

California

2,947

91,053

2

Colorado

439

19,821

24

Connecticut

284

10,850

37

Delaware

16

56

50

District of Columbia

68

3,441

-

Florida

639

72,994

3

Georgia

546

39,009

7

Hawaii

211

3,134

46

Idaho

702

23,810

20

Illinois

247

5,465

43

Indiana

767

48,977

5

Iowa

416

29,563

16

Kansas

473

19,622

25

Kentucky

171

20,947

22

Louisiana

231

28,525

17

Maine

891

14,337

33

Maryland

289

13,079

34

Massachusetts

328

5,370

44

Michigan

786

32,645

10

Minnesota

1,258

20,122

23

Mississippi

381

23,020

21

Missouri

131

16,366

30

Montana

140

6,607

42

Nebraska

1,215

38,556

8

Nevada

99

9,875

40 continued →

94


2022 Electric Generation Capacity by State

Georgia Chamber Foundation

State

Number of Generators

Megawatt Capacity

Rank

New Hampshire

309

11,353

36

New Jersey

137

4,714

45

New Mexico

574

18,162

26

New York

200

10,848

38

North Carolina

267

14,960

32

North Dakota

1,707

42,586

6

Ohio

474

30,100

15

Oklahoma

277

33,321

9

Oregon

471

17,975

28

Pennsylvania

614

53,085

4

Rhode Island

129

2,328

48

South Carolina

381

26,231

18

South Dakota

101

6,756

41

Tennessee

279

24,162

19

Texas

1,956

159,406

1

Utah

222

10,444

39

Vermont

799

30,857

13

Virginia

211

889

49

Washington

426

31,630

11

West Virginia

606

18,137

27

Wisconsin

87

15,699

31

Wyoming

125

11,391

35

Sourced from the US Energy Information Administration Annual Generation Capacity Report

95


Infrastructure of the Future

Table 35

2021 Freight Flow by State Georgia ranks 10th nationally in freight flow by value and 14th in freight flow by tons. The only southern states that outpace Georgia are Florida and Texas, demonstrating the prominence Georgia has in logistics in the Southeast and the U.S.

State

Tons

Rank

Value (Millions of 2021 Dollars)

Rank

United States Average

383,949

-

$425,187.30

-

Alabama

402,878

17

$321,295.58

22

Alaska

51,259

46

$56,674.87

47

Arizona

194,372

35

$256,337.07

27

Arkansas

242,384

31

$167,998.24

36

California

1,185,603

2

$2,568,355.64

2

Colorado

270,888

29

$242,433.99

28

Connecticut

115,285

42

$214,257.73

31

Delaware

42,028

47

$73,070.45

41

District of Columbia

6,593

-

$15,529.16

-

Florida

692,354

5

$756,488.52

9

Georgia

448,248

14

$730,812.99

10

Hawaii

36,724

48

$38,158.48

49

Idaho

165,513

39

$85,268.97

39

Illinois

850,599

4

$1,231,894.59

3

Indiana

527,147

10

$549,255.48

11

Iowa

513,790

12

$310,374.56

24

Kansas

369,527

19

$275,640.87

25

Kentucky

335,244

24

$397,191.90

18

Louisiana

867,218

3

$476,830.71

15

Maine

73,860

44

$62,975.24

46

Maryland

215,044

33

$256,485.74

26

Massachusetts

168,332

38

$353,715.51

21

Michigan

565,802

8

$788,780.38

6

Minnesota

546,640

9

$403,163.03

17

Mississippi

295,562

28

$217,380.85

29

Missouri

367,209

20

$355,429.17

20

Montana

163,972

40

$65,299.52

44 continued →

96


2021 Freight Flow by State

Georgia Chamber Foundation

State

Tons

Rank

Value (Millions of 2021 Dollars)

Rank

Nebraska

324,060

25

$177,651.03

35

Nevada

93,283

43

$83,860.38

40

New Hampshire

52,121

45

$67,662.70

42

New Jersey

358,679

22

$767,110.43

8

New Mexico

179,425

36

$103,906.20

37

New York

523,157

11

$951,729.42

4

North Carolina

337,448

23

$547,485.15

13

North Dakota

488,934

13

$202,747.33

33

Ohio

688,719

6

$771,258.46

7

Oklahoma

298,688

27

$205,771.15

32

Oregon

224,227

32

$215,819.53

30

Pennsylvania

665,722

7

$852,763.43

5

Rhode Island

34,876

49

$63,655.29

45

South Carolina

213,400

34

$318,200.00

23

South Dakota

148,123

41

$66,085.91

43

Tennessee

380,180

18

$547,994.33

12

Texas

2,838,540

1

$2,822,010.31

1

Utah

172,210

37

$182,137.69

34

Vermont

32,590

50

$38,015.07

50

Virginia

364,755

21

$373,551.16

19

Washington

447,747

15

$509,725.40

14

West Virginia

247,068

30

$85,556.95

38

Wisconsin

446,216

16

$414,011.43

16

Wyoming

307,141

26

$44,744.09

48

Sourced from the Bureau of Transportation Statistics

97


Infrastructure of the Future

Table 36

2023 Georgia Broadband Service by County Counties in Rural Georgia still experience significantly higher percentages of unserved individuals with the average county in Rural Georgia experiencing 17.7% unserved as opposed to 2.9% in a Hub County and 0.3% in Metro Atlanta. However, there has been significant progress in coverage of Rural Georgia as a whole; now only 10.7% of the region is unserved. This is due in part to significant private investment as well as nearly $1 billion invested by Governor Kemp.

County

Number of Unserved Locations

% of Unserved Locations

Georgia

222,284

4.5%

Rural Georgia

193,604

10.7%

Hub Georgia

23,682

2.4%

Metro Atlanta

4,998

0.2%

Appling

1,559

15.2%

Atkinson

79

1.8%

Bacon

560

9.9%

Baker

1,773

91.3%

Baldwin

1,002

4.5%

Banks

2,085

24.4%

Barrow

190

0.6%

Bartow

1,881

3.9%

Ben Hill

794

8.3%

Berrien

1,753

19.2%

Bibb

476

0.6%

Bleckley

1,148

19.1%

Brooks

25

0.3%

Brantley

2,309

26.4%

Bryan

208

1.1%

Bulloch

463

1.2%

Burke

4,952

38.3%

Butts

392

3.7%

Calhoun

1,534

56.1% continued →

98

County

Number of Unserved Locations

% of Unserved Locations

Camden

1,657

6.5%

Candler

18

0.3%

Carroll

2,225

4.2%

Catoosa

610

2.0%

Charlton

840

14.5%

Chatham

2,847

1.9%

Chattahoochee

1,056

51.5%

Chattooga

1,431

11.4%

Cherokee

830

0.7%

Clarke

684

1.1%

Clay

915

38.6%

Clayton

131

0.1%

Clinch

691

18.8%

Cobb

303

0.1%

Coffee

1,874

9.2%

Colquitt

2,341

10.3%

Columbia

1,078

1.7%

Cook

1,606

18.1%

Coweta

1,453

2.3%

Crawford

1

0.0%

Crisp

2,218

18.9%

Dade

188

2.2%

Dawson

1,340

9.7%

Decatur

2,843

17.9%

Dekalb

382

0.1%

Dodge

2,770

28.0% continued →


2023 Georgia Broadband Service by County

Georgia Chamber Foundation

County

Number of Unserved Locations

% of Unserved Locations

County

Number of Unserved Locations

% of Unserved Locations

Dooly

506

8.1%

Lee

2,178

15.5%

Dougherty

1,090

2.3%

Liberty

1,096

4.1%

Douglas

227

0.4%

Lincoln

3

0.1%

Early

2,939

46.2%

Long

605

8.0%

Echols

1,659

99.2%

Lowndes

10,481

19.0%

Effingham

548

2.1%

Lumpkin

1,446

9.6%

Elbert

581

5.2%

Macon

10

0.2%

Emanual

0

0.0%

Madison

1,995

14.1%

Evans

751

13.7%

Marion

390

9.6%

Fannin

4,153

21.0%

McDuffie

2,857

26.6%

Fayette

300

0.6%

McIntosh

23

0.3%

Floyd

2,422

5.2%

Meriwether

5,231

44.4%

Forsyth

235

0.2%

Miller

806

22.6%

Franklin

2,757

20.6%

Mitchell

4,490

41.1%

Fulton

734

0.1%

Monroe

144

1.1%

Gilmer

3,720

18.8%

Montgomery

284

6.6%

Glascock

1,665

96.5%

Morgan

1,717

16.5%

Glynn

562

1.2%

Murray

942

5.0%

Gorden

534

2.1%

Muscogee

606

0.6%

Grady

2,379

17.5%

Newton

962

2.1%

Greene

1,018

8.4%

Oconee

936

5.6%

Gwinnett

990

0.3%

Oglethorpe

995

13.0%

Habersham

645

2.9%

Paulding

1,033

1.6%

Hall

2,096

2.4%

Peach

11

0.1%

Hancock

4,306

67.7%

Pickens

1,403

8.2%

Haralson

511

3.7%

Pierce

2,291

23.9%

Harris

2,829

17.8%

Pike

3,164

38.9%

Hart

614

4.1%

Polk

1,090

5.6%

Heard

1,495

26.2%

Pulaski

633

12.6%

Henry

768

0.8%

Putnam

2,625

16.7%

Houston

131

0.2%

Quitman

1,000

49.9%

Irwin

743

14.9%

Rabun

1,831

13.2%

Jackson

1,816

5.8%

Randolph

1,099

25.5%

Jasper

3,008

41.5%

Richmond

357

0.3%

Jeff Davis

964

13.0%

Rockdale

98

0.2%

Jefferson

1,806

21.1%

Schley

395

16.8%

Jenkins

1,556

32.3%

Screven

4

0.0%

Johnson

1,807

43.4%

Seminole

636

10.0%

Jones

549

4.3%

Spalding

1,344

4.2%

Lamar

1,193

13.8%

Stephens

1,075

7.4%

Lanier

836

18.4%

Stewart

1,957

69.7%

Laurens

4,353

17.5%

Sumter

4,392

27.8%

continued →

continued →

99


Infrastructure of the Future

Table 36

County

Number of Unserved Locations

% of Unserved Locations

Talbot

609

16.2%

Taliaferro

19

1.7%

Tattnall

1,355

12.5%

Taylor

26

0.5%

Telfair

1,486

26.0%

Terrell

1,304

24.4%

Thomas

4,454

18.1%

Tift

1,572

7.6%

Toombs

1,355

9.5%

Towns

323

3.2%

Treutlen

1,320

39.9%

Troup

1,798

5.5%

Turner

997

20.7%

Twiggs

1,460

31.9%

Union

1,739

10.1%

Upson

602

4.2%

Walker

1,254

3.8%

Walton

1,309

3.3%

Ware

2,811

14.3%

Warren

1,462

47.0%

Washington

1,922

19.2%

Wayne

2,570

17.3%

Webster

907

53.2%

Wheeler

1,037

36.1%

White

675

4.1%

Whitfield

852

1.9%

Wilcox

1,659

40.2%

Wilkes

29

0.5%

Wilkinson

858

17.4%

Worth

2,574

23.3%

Sourced from the Georgia Department of Community Affairs Broadband Program Map Data

100


Infrastructure of the Future

Table 37

Georgia Chamber Foundation

2022 Share of Population living in Health Professional Shortage Area by County More than 61% of Rural Georgians live in a health professional shortage area on average. This is the highest share of any community type, but 46% of citizens living in Hub communities are in a health professional shortage area and Metro Atlanta is, on average, much lower. This demonstrates the significant need to expand our healthcare workforce to meet current and growing needs.

County

Share of Population by in Health Professional Shortage Area

Georgia

57.1%

Rural Georgia

61.6%

Hub Georgia

46.4%

Metro Atlanta

15.1%

Appling

48.39%

Atkinson

46.71%

Bacon

99.36%

Baker

72.86%

Baldwin

47.18%

Banks

51.20%

Barrow

52.28%

Bartow

45.74%

Ben Hill

30.00%

Berrien

35.42%

Bibb

53.49%

Bleckley

100.00%

Brooks

89.81%

Brantley

100.00%

Bryan

95.42%

Bulloch

0.00%

Burke

43.29%

Butts

92.86%

Calhoun

36.09% continued →

County

Share of Population by in Health Professional Shortage Area

Camden

48.36%

Candler

32.84%

Carroll

56.22%

Catoosa

39.51%

Charlton

30.42%

Chatham

93.48%

Chattahoochee

24.24%

Chattooga

34.54%

Cherokee

47.28%

Clarke

0.00%

Clay

100.00%

Clayton

44.13%

Clinch

58.23%

Cobb

0.00%

Coffee

49.78%

Colquitt

98.20%

Columbia

16.70%

Cook

96.43%

Coweta

0.00%

Crawford

100.00%

Crisp

64.46%

Dade

93.61%

Dawson

30.13%

Decatur

42.28%

Dekalb

12.61% continued →

101


Infrastructure of the Future

Table 37

County

Share of Population by in Health Professional Shortage Area

County

Share of Population by in Health Professional Shortage Area

Dodge

44.04%

Laurens

47.80%

Dooly

100.00%

Lee

84.48%

Dougherty

58.46%

Liberty

96.66%

Douglas

34.38%

Lincoln

100.00%

Early

96.49%

Long

100.00%

Echols

100.00%

Lowndes

46.24%

Effingham

31.94%

Lumpkin

36.12%

Elbert

45.46%

Macon

100.00%

Emanual

95.34%

Madison

46.58%

Evans

44.08%

Marion

39.34%

Fannin

34.70%

McDuffie

100.00%

Fayette

0.00%

McIntosh

49.03%

Floyd

39.73%

Meriwether

100.00%

Forsyth

0.00%

Miller

100.00%

Franklin

44.51%

Mitchell

38.97%

Fulton

19.42%

Monroe

91.32%

Gilmer

40.99%

Montgomery

34.62%

Glascock

100.00%

Morgan

94.59%

Glynn

37.53%

Murray

89.71%

Gorden

44.59%

Muscogee

41.70%

Grady

44.22%

Newton

39.93%

Greene

43.30%

Oconee

0.00%

Gwinnett

7.93%

Oglethorpe

0.00%

Habersham

37.54%

Paulding

40.25%

Hall

36.91%

Peach

87.31%

Hancock

77.81%

Pickens

90.49%

Haralson

36.64%

Pierce

30.91%

Harris

93.41%

Pike

40.03%

Hart

95.31%

Polk

30.04%

Heard

36.62%

Pulaski

42.58%

Henry

0.00%

Putnam

46.87%

Houston

30.50%

Quitman

37.25%

Irwin

44.53%

Rabun

93.15%

Jackson

27.38%

Randolph

42.17%

Jasper

92.44%

Richmond

100.00%

Jeff Davis

100.00%

Rockdale

0.00%

Jefferson

100.00%

Schley

100.00%

Jenkins

99.90%

Screven

97.07%

Johnson

100.00%

Seminole

49.54%

Jones

32.14%

Spalding

45.49%

Lamar

36.87%

Stephens

42.34%

Lanier

100.00%

Stewart

97.87%

continued →

102

continued →


2022 Share of Population living in Health Professional...by County

County

Share of Population by in Health Professional Shortage Area

Sumter

49.03%

Talbot

100.00%

Taliaferro

100.00%

Tattnall

43.47%

Taylor

100.00%

Telfair

55.27%

Terrell

96.61%

Thomas

47.71%

Tift

47.70%

Toombs

53.63%

Towns

31.76%

Treutlen

100.00%

Troup

43.85%

Turner

39.31%

Twiggs

100.00%

Union

31.65%

Upson

43.17%

Walker

41.81%

Walton

30.22%

Ware

45.24%

Warren

100.00%

Washington

45.43%

Wayne

45.69%

Webster

91.53%

Wheeler

66.68%

White

39.97%

Whitfield

48.39%

Wilcox

79.17%

Wilkes

51.38%

Wilkinson

46.64%

Worth

38.73%

Georgia Chamber Foundation

Sourced from the Georgia Rural Health Innovation Center

Projections show that Georgia needs to add 66,000 new healthcare positions through 2032 in addition to accounting for 173,000 healthcare workforce exit replacements. Sourced from Georgia Healthcare Workforce Commission Final Report

103


Infrastructure of the Future

Table 38

Georgia Rate of Medical Professionals per 100K Residents Overall, Hub communities have the highest rates of physicians, physician’s assistants, and nurses per one hundred thousand individuals. Rural Georgia faces disparities in the number of physicians and physician’s assistants and Metro Atlanta lags slightly behind Hub communities.

County

Physician Rate per 100K Residents

PA Rate per 100k Residents

Nurse Rate per 100k Residents

Georgia

237

36

1,336

Rural Georgia

107

18

1,420

Hub Georgia

354

54

1,529

Metro Atlanta

288

43

1,194

Appling

88

11

1,904

Atkinson

13

24

1,935

Bacon

89

0

1,944

Baker

68

32

955

Baldwin

169

9

1,833

Banks

30

0

988

Barrow

47

7

1,102

Bartow

132

13

1,260

Ben Hill

73

0

2,180

Berrien

25

21

1,753

Bibb

499

69

1,875

Bleckley

54

8

1,927

Brooks

10

0

1,115

Brantley

13

19

1,042

Bryan

75

16

2,284

Bulloch

139

27

1,094

Burke

67

13

1,126

Butts

57

12

1,267

Calhoun

51

63

1,180 continued →

104


Georgia Rate of Medical Professionals per 100K Residents

Georgia Chamber Foundation

County

Physician Rate per 100K Residents

PA Rate per 100k Residents

Nurse Rate per 100k Residents

Camden

122

24

1,019

Candler

37

9

1,129

Carroll

194

17

1,334

Catoosa

127

6

1,136

Charlton

28

8

635

Chatham

336

70

1,538

Chattahoochee

0

19

229

Chattooga

24

4

1,759

Cherokee

110

17

1,455

Clarke

413

67

1,002

Clay

37

0

812

Clayton

98

10

601

Clinch

45

30

1,012

Cobb

230

38

1,309

Coffee

156

35

1,872

Colquitt

172

13

1,605

Columbia

156

27

2,522

Cook

34

6

2,073

Coweta

178

35

1,426

Crawford

8

0

564

Crisp

178

18

1,551

Dade

50

0

987

Dawson

89

16

1,544

Decatur

88

87

1,879

Dekalb

458

47

1,159

Dodge

79

14

1,626

Dooly

31

7

896

Dougherty

400

53

1,447

Douglas

107

12

1,287

Early

60

49

1,914

Echols

0

25

225

Effingham

63

13

1,369

Elbert

62

0

1,172

Emanual

84

27

1,554

Evans

38

19

1,201

Fannin

135

12

1,535

Fayette

283

63

1,789

Floyd

342

63

1,701

Forsyth

104

38

948

Franklin

67

17

1,358

Fulton

498

83

1,059

Gilmer

49

10

1,195 continued →

105


Infrastructure of the Future

Table 38

County

Physician Rate per 100K Residents

PA Rate per 100k Residents

Nurse Rate per 100k Residents

Glascock

34

0

2,390

Glynn

313

42

1,471

Gorden

143

29

1,301

Grady

95

12

1,401

Greene

138

17

846

Gwinnett

141

24

1,174

Habersham

75

20

1,295

Hall

276

75

1,146

Hancock

12

12

1,324

Haralson

63

14

1,376

Harris

19

0

1,655

Hart

45

0

824

Heard

8

0

948

Henry

154

33

1,615

Houston

135

16

1,581

Irwin

64

11

1,944

Jackson

107

3

1,781

Jasper

34

50

1,013

Jeff Davis

66

0

1,694

Jefferson

39

39

1,634

Jenkins

35

35

1,302

Johnson

42

10

1,462

Jones

21

0

1,744

Lamar

27

16

1,331

Lanier

19

19

1,266

Laurens

307

25

2,086

Lee

53

13

2,541

Liberty

100

33

1,019

Lincoln

38

0

1,692

Long

10

0

583

Lowndes

222

30

1,571

Lumpkin

74

21

976

Macon

40

15

1,043

Madison

17

3

1,205

Marion

24

0

1,388

McDuffie

101

19

1,511

McIntosh

14

7

1,120

Meriwether

52

0

855

Miller

86

0

2,431

Mitchell

52

36

1,262

Monroe

43

11

1,722

Montgomery

0

22

1,352 continued →

106


Georgia Rate of Medical Professionals per 100K Residents

Georgia Chamber Foundation

County

Physician Rate per 100K Residents

PA Rate per 100k Residents

Nurse Rate per 100k Residents

Morgan

55

5

1,126

Murray

37

5

938

Muscogee

349

44

1,466

Newton

75

11

1,154

Oconee

256

48

2,110

Oglethorpe

13

7

675

Paulding

54

14

930

Peach

54

0

1,906

Pickens

184

25

1,365

Pierce

36

5

1,978

Pike

20

11

2,004

Polk

49

2

1,518

Pulaski

160

0

1,383

Putnam

79

9

1,221

Quitman

42

0

870

Rabun

136

12

1,418

Randolph

30

15

1,195

Richmond

738

79

1,395

Rockdale

206

25

1,416

Schley

0

0

2,169

Screven

29

7

1,239

Seminole

220

0

2,522

Spalding

143

23

1,015

Stephens

140

4

1,531

Stewart

72

16

725

Sumter

148

17

1,653

Talbot

0

0

1,130

Taliaferro

0

0

716

Tattnall

32

24

941

Taylor

13

0

1,234

Telfair

26

19

952

Terrell

36

0

1,114

Thomas

430

83

2,513

Tift

318

79

2,128

Toombs

337

41

1,823

Towns

113

42

1,711

Treutlen

0

0

1,275

Troup

181

19

1,400

Turner

0

13

2,154

Twiggs

37

0

961

Union

206

37

1,677

Upson

173

23

1,843 continued →

107


Infrastructure of the Future

Table 38

County

Physician Rate per 100K Residents

PA Rate per 100k Residents

Nurse Rate per 100k Residents

Walker

20

10

1,286

Walton

84

5

1,996

Ware

330

59

2,004

Warren

19

19

1,389

Washington

94

10

1,468

Wayne

136

0.2

1,865

Webster

0

0

767

Wheeler

39

13

955

White

46

3

1,468

Whitfield

205

24

930

Wilcox

36

0

1,853

Wilkes

42

20

1,483

Wilkinson

57

0

2,401

Worth

30

0

1,388

Sourced from the State of Georgia Physician Workforce Dashboard

108


Infrastructure of the Future

Table 39

Georgia Chamber Foundation

Georgia Non-Communicable Disease Data by County Rural Georgia counties have the highest rates of citizens with chronic conditions, also known as non-communicable diseases. Chronic conditions have the propensity to inhibit economic growth because less healthy individuals are less able to contribute to their communities and workplaces.

County

Access to Mental Health-Providers per 100k (average)

Avg. Beneficiaries with Heart Disease

Avg. Diagnosed (20+) with Diabetes

Avg. Beneficiares with Kidney Disease

Avg. Beneficiaries with COPD

Georgia

44.5

44.5%

9.3%

27.8%

13.7%

Rural Georgia

41.4

47.8%

9.1%

27.9%

14.0%

Hub Georgia

50.7

26.7%

10.2%

27.6%

13.6%

Metro Atlanta

67.7

25.1%

10.0%

26.5%

9.8%

Appling

21.69

20.3%

8.4%

27.4%

14.3%

Atkinson

157.77

24.8%

9.1%

25.3%

8.3%

Bacon

NA

30.7%

8.2%

28.1%

18.1%

Baker

218.77

21.1%

14.0%

24.3%

9.4%

Baldwin

NA

37.9%

7.6%

27.1%

20.2%

Banks

NA

22.3%

8.2%

31.4%

10.7%

Barrow

91.33

27.7%

8.0%

26.8%

14.2%

Bartow

5.54

27.0%

8.3%

29.8%

15.0%

Ben Hill

8.38

27.0%

8.9%

27.3%

13.2%

Berrien

43.16

29.9%

8.8%

30.4%

16.0%

Bibb

17.45

26.7%

9.0%

25.7%

14.3%

Bleckley

11.01

28.9%

8.2%

30.9%

19.4%

Brooks

7.95

32.5%

7.9%

30.3%

12.3%

Brantley

NA

29.1%

7.8%

24.2%

18.4%

Bryan

18.4

27.8%

8.5%

30.6%

14.3%

Bulloch

42.47

23.2%

8.7%

23.3%

13.4%

Burke

33.29

28.1%

10.4%

25.8%

14.4%

Butts

28.46

23.4%

9.7%

28.7%

10.4%

Calhoun

19.66

25.0%

10.0%

28.7%

13.6%

Camden

17.94

20.6%

9.4%

26.2%

10.5%

Candler

54.78

25.0%

9.7%

21.4%

12.7% continued →

109


Infrastructure of the Future

Table 39

County

Access to Mental Health-Providers per 100k (average)

Avg. Beneficiaries with Heart Disease

Avg. Diagnosed (20+) with Diabetes

Avg. Beneficiares with Kidney Disease

Avg. Beneficiaries with COPD

Carroll

45.53

27.7%

8.5%

25.4%

16.6%

Catoosa

43.64

28.4%

10.8%

26.9%

13.2%

Charlton

55.99

30.0%

10.2%

27.4%

15.5%

Chatham

15.98

33.0%

8.3%

27.3%

16.0%

Chattahoochee

80.94

21.2%

10.3%

23.6%

11.0%

Chattooga

188.19

23.1%

8.8%

30.2%

15.0%

Cherokee

20.03

32.7%

10.5%

31.9%

18.7%

Clarke

37.88

26.8%

9.4%

23.1%

9.5%

Clay

35.11

23.5%

9.7%

21.4%

9.6%

Clayton

43.68

21.6%

13.1%

29.7%

10.1%

Clinch

NA

25.7%

8.1%

22.7%

14.6%

Cobb

74.27

25.9%

8.2%

23.5%

8.2%

Coffee

18.56

32.5%

10.8%

28.5%

19.8%

Colquitt

32.68

27.0%

9.5%

25.5%

17.3%

Columbia

32.69

23.0%

9.5%

24.1%

10.1%

Cook

52.24

26.5%

10.2%

28.6%

15.0%

Coweta

27.37

25.5%

8.4%

23.2%

10.0%

Crawford

NA

33.7%

8.5%

33.1%

16.5%

Crisp

49.68

26.5%

8.9%

29.0%

18.0%

Dade

18.46

30.3%

7.7%

26.3%

14.7%

Dawson

22.39

27.1%

8.0%

22.4%

11.1%

Decatur

13.62

27.6%

12.1%

22.3%

12.1%

Dekalb

161.31

22.1%

10.3%

25.6%

6.6%

Dodge

10.04

33.1%

11.1%

31.7%

15.2%

Dooly

8.92

29.3%

10.7%

32.3%

14.9%

Dougherty

71.1

19.5%

11.8%

28.9%

13.4%

Douglas

45.06

26.2%

10.9%

29.5%

12.1%

Early

18.43

27.2%

9.7%

23.2%

11.6%

Echols

NA

31.5%

7.6%

33.5%

21.4%

Effingham

6.18

24.6%

9.6%

24.2%

13.9%

Elbert

NA

29.2%

8.0%

24.8%

14.5%

Emanual

48.31

29.3%

9.8%

31.9%

17.1%

Evans

NA

24.2%

7.6%

29.8%

14.4%

Fannin

19.75

26.7%

9.4%

23.7%

15.7%

Fayette

72.99

25.5%

7.7%

21.6%

8.3%

Floyd

84.19

31.3%

9.5%

33.4%

14.5%

Forsyth

27.06

28.3%

8.1%

21.4%

9.0%

Franklin

21.35

29.9%

7.6%

30.4%

17.4%

Fulton

99.28

24.3%

8.8%

23.7%

7.0%

Gilmer

38.27

26.9%

9.6%

23.2%

13.2%

Glascock

NA

31.2%

7.5%

34.5%

16.4% continued →

110


Georgia Non-Communicable Disease Data by County

Georgia Chamber Foundation

County

Access to Mental Health-Providers per 100k (average)

Avg. Beneficiaries with Heart Disease

Avg. Diagnosed (20+) with Diabetes

Avg. Beneficiares with Kidney Disease

Avg. Beneficiaries with COPD

Glynn

54.44

23.4%

8.2%

22.5%

11.3%

Gorden

41.71

33.4%

9.1%

30.0%

16.9%

Grady

11.43

26.6%

9.9%

25.0%

13.8%

Greene

15.86

27.1%

8.2%

22.8%

7.3%

Gwinnett

66.66

24.0%

9.5%

26.1%

9.4%

Habersham

15.21

26.6%

7.5%

29.9%

12.4%

Hall

57.6

25.8%

10.0%

28.2%

11.3%

Hancock

11.45

25.9%

8.7%

30.7%

9.8%

Haralson

40.11

28.2%

7.8%

28.9%

17.0%

Harris

23.08

28.3%

9.7%

26.1%

10.3%

Hart

0

27.6%

9.1%

25.3%

11.1%

Heard

17.53

30.9%

7.9%

24.6%

15.7%

Henry

66.88

23.5%

12.9%

30.2%

10.0%

Houston

71.5

33.7%

13.3%

38.5%

15.5%

Irwin

0

26.4%

8.1%

26.0%

14.4%

Jackson

15.81

28.3%

9.1%

27.4%

12.9%

Jasper

13.71

26.1%

9.1%

24.3%

12.5%

Jeff Davis

NA

30.1%

7.9%

26.3%

18.6%

Jefferson

6.37

23.9%

9.4%

29.8%

11.6%

Jenkins

NA

2750.0%

9.6%

25.3%

10.1%

Johnson

NA

32.0%

8.4%

38.2%

18.3%

Jones

14.11

32.2%

9.3%

32.9%

14.9%

Lamar

32.43

22.3%

8.1%

26.8%

13.2%

Lanier

40.5

26.4%

9.5%

29.6%

18.3%

Laurens

179.54

33.9%

12.1%

35.0%

16.6%

Lee

6.03

22.8%

9.0%

25.8%

15.2%

Liberty

188.49

20.8%

11.9%

28.1%

15.0%

Lincoln

NA

25.7%

9.0%

25.2%

9.8%

Long

12.37

22.5%

9.6%

27.8%

17.6%

Lowndes

93.02

24.7%

12.8%

30.7%

13.4%

Lumpkin

14.93

25.4%

7.3%

22.8%

13.0%

Macon

0

28.3%

11.1%

33.6%

16.1%

Madison

64.19

29.3%

12.8%

33.9%

11.2%

Marion

13.28

29.8%

9.2%

28.1%

11.9%

McDuffie

NA

31.2%

7.8%

27.4%

12.6%

McIntosh

18.49

28.2%

8.2%

30.2%

14.5%

Meriwether

91.12

23.6%

10.2%

24.4%

12.5%

Miller

24.26

26.0%

9.1%

26.1%

12.7%

Mitchell

33.33

27.1%

7.6%

25.4%

13.8%

Monroe

418.29

25.2%

8.6%

30.0%

15.4%

Montgomery

10.73

27.5%

8.5%

26.2%

11.7% continued →

111


Infrastructure of the Future

Table 39

County

Access to Mental Health-Providers per 100k (average)

Avg. Beneficiaries with Heart Disease

Avg. Diagnosed (20+) with Diabetes

Avg. Beneficiares with Kidney Disease

Avg. Beneficiaries with COPD

Morgan

NA

31.1%

7.9%

34.8%

14.9%

Murray

14.93

28.1%

8.4%

25.8%

10.1%

Muscogee

22.52

31.2%

11.2%

27.6%

21.3%

Newton

287.55

28.2%

12.1%

31.8%

11.3%

Oconee

45.34

25.4%

11.2%

28.9%

11.5%

Oglethorpe

141.15

26.9%

8.6%

23.9%

8.0%

Paulding

NA

29.0%

7.8%

28.3%

10.2%

Peach

26.09

28.6%

9.4%

27.8%

11.8%

Pickens

64.33

34.0%

9.2%

36.3%

14.7%

Pierce

30.11

28.3%

9.0%

22.8%

10.4%

Pike

10.14

30.6%

8.6%

25.7%

18.4%

Polk

15.88

23.2%

8.2%

23.3%

14.9%

Pulaski

39.67

32.7%

10.2%

32.9%

17.7%

Putnam

10.15

30.8%

9.2%

32.4%

14.7%

Quitman

13.61

30.3%

7.6%

23.0%

13.0%

Rabun

0

27.6%

8.8%

25.8%

13.7%

Randolph

23.69

25.0%

7.8%

23.6%

12.3%

Richmond

46.69

20.3%

9.0%

23.1%

10.0%

Rockdale

67.33

22.1%

10.3%

28.7%

8.9%

Schley

NA

26.7%

7.7%

23.0%

14.7%

Screven

0

28.2%

9.4%

27.3%

14.0%

Seminole

10.93

30.0%

8.1%

22.1%

14.2%

Spalding

63.89

23.4%

9.5%

24.5%

12.4%

Stephens

56

24.8%

9.6%

31.7%

15.2%

Stewart

18.82

25.5%

8.6%

31.3%

13.4%

Sumter

148.57

22.9%

11.9%

25.1%

13.5%

Talbot

0

28.4%

8.5%

29.8%

13.0%

Taliaferro

NA

27.1%

8.6%

26.6%

10.5%

Tattnall

8.76

26.2%

9.9%

29.4%

14.8%

Taylor

0

33.2%

8.7%

28.3%

13.0%

Telfair

NA

34.7%

12.4%

31.5%

16.3%

Terrell

21.77

18.3%

8.3%

28.6%

14.7%

Thomas

100.44

24.5%

9.1%

22.5%

12.4%

Tift

26.61

26.2%

9.9%

28.1%

14.9%

Toombs

18.5

31.3%

9.4%

34.8%

14.8%

Towns

16.01

25.4%

8.4%

26.8%

11.3%

Treutlen

NA

33.6%

7.9%

35.9%

20.2%

Troup

57.62

26.3%

10.5%

26.3%

12.6%

Turner

NA

29.2%

9.9%

30.3%

16.3%

Twiggs

12.47

29.3%

9.1%

35.8%

15.8%

Union

56.84

24.6%

6.5%

22.9%

11.2% continued →

112


Georgia Non-Communicable Disease Data by County

Georgia Chamber Foundation

County

Access to Mental Health-Providers per 100k (average)

Avg. Beneficiaries with Heart Disease

Avg. Diagnosed (20+) with Diabetes

Avg. Beneficiares with Kidney Disease

Avg. Beneficiaries with COPD

Upson

3.61

24.9%

9.3%

24.2%

14.7%

Walker

26.61

31.6%

9.1%

27.5%

17.4%

Walton

35.17

26.6%

9.2%

28.9%

11.4%

Ware

80

29.3%

10.1%

27.0%

18.3%

Warren

38.35

27.3%

8.8%

33.3%

12.0%

Washington

15.01

27.6%

8.7%

33.1%

14.1%

Wayne

3.32

27.0%

11.0%

28.3%

16.3%

Webster

NA

23.9%

8.0%

30.6%

11.3%

Wheeler

NA

37.7%

9.1%

32.4%

16.2%

White

28.57

26.6%

7.5%

28.5%

13.0%

Whitfield

54.44

28.1%

10.4%

25.5%

16.6%

Wilcox

11.41

30.5%

10.5%

29.4%

17.5%

Wilkes

0

26.3%

9.3%

26.9%

11.0%

Wilkinson

0

34.1%

8.3%

31.0%

14.0%

Worth

4.81

24.8%

8.5%

27.6%

17.9%

Sourced from the Georgia Rural Health Innovation Center

Reducing disease burdens in the state could lead to an additional $79 billion in GDP from 2022 to 2030. Sourced from McKinsey and Company report, Investing in Georgia today for the economy of tomorrow

113


2024 Redbook

Economic Competitiveness

04.

Economic Competitiveness

This section examines the drivers behind economic churn, which is defined as the constant shift of employment and growth in the economy. Indicators related to research and development, entrepreneurship, new business growth, and the regulatory environment will be included here.

• TABLE 40 Business’ Share of State and Local Taxes • TABLE 41 2022 Business Formation Statistics by State • TABLE 42 Business Applications by County • TABLE 43 Number of Firms per County • TABLE 44 2021 Entrepreneur Data by State 114


Georgia Chamber Foundation

• TABLE 45 2022 Startups per State • TABLE 46 Innovation Competitiveness Index by State • TABLE 47 2020 U.S. R&D Expenditures by State • TABLE 48 2021 Higher Education Research and Development Funding Spend by State • TABLE 49 Venture Capital Deal Activity and Fundraising by State • TABLE 50 2020 Economic Dynamism By State • TABLE 51 2021 Business Birth and Death Rates by State • TABLE 52 2023 Business Climate Rankings by State • TABLE 53 2020 Tort Costs by State • TABLE 54 2023 Average Annual Cost of Auto Insurance by State and Coverage • TABLE 55 2022 Manufacturing Industry by State

115


Economic Competitiveness

Table 40

Business’ Share of State and Local Taxes Georgia businesses pay 43.2% of all state and local taxes. The state ranks 24th nationally meaning it is squarely placed in the middle of the fifty states in terms of the percentage of state and local taxes paid by businesses.

State

Share of Taxes

Rank: Share of Taxes

State

Share of Taxes

Rank: Share of Taxes

United States

43.60%

Nebraska

47.90%

29

Alabama

46.10%

27

Nevada

52.30%

38

Alaska

61.60%

44

New Hampshire

47.90%

30

New Jersey

44.70%

Arizona

41.00%

15

23

Arkansas

48.80%

33 (T)

New Mexico

60.10%

43

New York

42.90%

California

38.80%

9

19

Colorado

45.20%

24

North Carolina

36.80%

4

Connecticut

32.60%

2

North Dakota

70.90%

46

Ohio

39.80%

Delaware

51.10%

37

11 (T)

District of Columbia

54.30%

-

Oklahoma

48.80%

33 (T)

Oregon

40.40%

12

Florida

53.00%

39

Pennsylvania

42.40%

18

Georgia

43.20%

20

Rhode Island

38.50%

8

South Carolina

45.50%

Hawaii

38.10%

26

7

Idaho

South Dakota

59.60%

42

40.90%

14

Tennessee

54.50%

40

Illinois

44.30%

21

Texas

59.30%

41

Indiana

39.10%

10

Utah

37.90%

6

Iowa

45.40%

25

Vermont

49.90%

34

Kansas

41.70%

17

Virginia

41.50%

16

Kentucky

44.60%

22

Washington

48.40%

32

Louisiana

48.30%

31

West Virginia

48.80%

33 (T)

Maine

50.60%

35

Wisconsin

40.50%

13

Maryland

31.30%

1

Wyoming

69.30%

45

Massachusetts

36.70%

3 (T)

Michigan

34.70%

3 (T)

Minnesota

37.00%

5

Mississippi

50.70%

36

Missouri

39.80%

11 (T)

Montana

46.60%

28

Sourced from the Council on State Taxation (COST) Total state and local businesses taxes report

continued →

116


Economic Competitiveness

Table 41

Georgia Chamber Foundation

2022 Business Formation Statistics by State Georgia has a high number of business applications annually with only Florida, Texas, New York, and California having higher numbers.

State

Business Applications

% of Business Applications Expected to Form within 4 Quarters

Rank

United States Avg.

99,444

7.6%

-

Alabama

71,146

6.2%

40

Alaska

8,509

10.0%

11

Arizona

115,670

6.9%

32

Arkansas

37,756

7.9%

19

California

490,121

10.4%

7

Colorado

116,613

6.5%

36

Connecticut

44,637

6.8%

34

Delaware

45,765

4.4%

50

District of Columbia

14,330

4.3%

-

Florida

611,723

5.4%

43

Georgia

274,358

5.0%

45

Hawaii

18,599

5.3%

44

Idaho

29,765

10.5%

4

Illinois

169,979

6.8%

33

Indiana

83,518

6.9%

31

Iowa

29,829

9.2%

14

Kansas

31,154

8.9%

16

Kentucky

46,714

7.3%

27

Louisiana

80,607

4.6%

48

Maine

12,977

12.3%

1

Maryland

99,453

4.9%

46

Massachusetts

71,468

10.1%

10

Michigan

137,276

5.7%

42

Minnesota

61,014

8.3%

17

Mississippi

55,264

4.9%

47

Missouri

81,239

7.3%

26

Montana

20,661

9.1%

15

Nebraska

20,571

10.5%

6 continued →

117


Economic Competitiveness

Table 41

State

Business Applications

% of Business Applications Expected to Form within 4 Quarters

Rank

Nevada

62,219

7.1%

29

New Hampshire

13,959

10.0%

12

New Jersey

154,322

6.4%

39

New Mexico

27,113

6.6%

35

New York

299,100

7.8%

21

North Carolina

164,185

7.5%

23

North Dakota

7,933

10.4%

8

Ohio

140,699

5.8%

41

Oklahoma

55,094

7.0%

30

Oregon

49,617

10.1%

9

Pennsylvania

139,067

7.1%

28

Rhode Island

10,943

10.5%

5

South Carolina

91,028

6.4%

37

South Dakota

10,422

10.7%

3

Tennessee

91,551

7.3%

24

Texas

467,868

7.8%

20

Utah

65,331

8.0%

18

Vermont

7,498

9.3%

13

Virginia

123,744

6.4%

38

Washington

88,883

10.7%

2

West Virginia

13,812

7.6%

22

Wisconsin

64,606

7.3%

25

Wyoming

41,940

4.5%

49

Sourced from the U.S. Chamber of Commerce, based on Census Bureau Business Formation Statistic Survey

Georgia ranks 45th when looking at the percent of business applications actually forming into a business. This indicates there is an opportunity to better potential entrepreneurs as they develop their business plans and business models 118


Economic Competitiveness

Table 42

Georgia Chamber Foundation

Business Applications by County Most business applications came from the Metro Atlanta area. However, the greatest growth in business applications over the last five years has occurred in rural counties and Hub counties. This indicates innovative ideas are occurring around the state and more resources might be needed to support entrepreneurial efforts in Hub communities and Rural Georgia.

County

2018 Total Business Applications

2022 Total Business Applications

% Change

% of Total 2022 Georgia Applications

Georgia

160,084

272,636

70%

-

Rural Georgia

30,726

60,651

97%

22%

Hub Georgia

19,621

39,399

101%

14%

Metro Atlanta

109,737

172,586

57%

63%

Appling

118

237

101%

0.1%

Atkinson

39

88

126%

0.0%

Bacon

97

134

38%

0.0%

Baker

19

47

147%

0.0%

Baldwin

376

729

94%

0.3%

Banks

118

208

76%

0.1%

Barrow

770

1,542

100%

0.6%

Bartow

949

1,730

82%

0.6%

Ben Hill

142

224

58%

0.1%

Berrien

120

208

73%

0.1%

Bibb

1,796

4,249

137%

1.6%

Bleckley

64

133

108%

0.0%

Brooks

103

167

62%

0.1%

Brantley

130

227

75%

0.1%

Bryan

445

818

84%

0.3%

Bulloch

678

1,333

97%

0.5%

Burke

189

496

162%

0.2%

Butts

244

446

83%

0.2%

Calhoun

42

73

74%

0.0%

Camden

369

712

93%

0.3%

Candler

94

154

64%

0.1% continued →

119


Economic Competitiveness

Table 42

County

2018 Total Business Applications

2022 Total Business Applications

% Change

% of Total 2022 Georgia Applications

Carroll

958

1,965

105%

0.7%

Catoosa

346

636

84%

0.2%

Charlton

74

125

69%

0.0%

Chatham

4,201

7,022

67%

2.6%

Chattahoochee

41

70

71%

0.0%

Chattooga

92

173

88%

0.1%

Cherokee

3,239

4,697

45%

1.7%

Clarke

1,148

1,926

68%

0.7%

Clay

30

41

37%

0.0%

Clayton

6,500

11,767

81%

4.3%

Clinch

41

98

139%

0.0%

Cobb

15,187

22,477

48%

8.2%

Coffee

309

675

118%

0.2%

Colquitt

292

637

118%

0.2%

Columbia

1,348

2,605

93%

1.0%

Cook

153

277

81%

0.1%

Coweta

1,654

3,071

86%

1.1%

Crawford

83

151

82%

0.1%

Crisp

158

426

170%

0.2%

Dade

80

123

54%

0.0%

Dawson

258

447

73%

0.2%

Decatur

231

397

72%

0.1%

Dekalb

17,125

26,382

54%

9.7%

Dodge

119

251

111%

0.1%

Dooly

59

167

183%

0.1%

Dougherty

866

2,318

168%

0.9%

Douglas

2,703

5,101

89%

1.9%

Early

76

201

164%

0.1%

Echols

9

21

133%

0.0%

Effingham

557

1,154

107%

0.4%

Elbert

119

239

101%

0.1%

Emanual

161

377

134%

0.1%

Evans

80

118

48%

0.0%

Fannin

253

407

61%

0.1%

Fayette

1,963

3,182

62%

1.2%

Floyd

628

1,212

93%

0.4%

Forsyth

3,355

5,294

58%

1.9%

Franklin

167

245

47%

0.1%

Fulton

33,932

50,118

48%

18.4%

Gilmer

271

389

44%

0.1%

Glascock

16

26

63%

0.0%

Glynn

999

1,508

51%

0.6% continued →

120


Business Applications by County

Georgia Chamber Foundation

County

2018 Total Business Applications

2022 Total Business Applications

% Change

% of Total 2022 Georgia Applications

Gorden

361

596

65%

0.2%

Grady

191

362

90%

0.1%

Greene

210

335

60%

0.1%

Gwinnett

19,014

30,727

62%

11.3%

Habersham

263

419

59%

0.2%

Hall

1,852

3,108

68%

1.1%

Hancock

62

153

147%

0.1%

Haralson

184

323

76%

0.1%

Harris

255

485

90%

0.2%

Hart

155

335

116%

0.1%

Heard

58

122

110%

0.0%

Henry

4,663

9,106

95%

3.3%

Houston

1,428

3,434

140%

1.3%

Irwin

57

126

121%

0.0%

Jackson

687

1,296

89%

0.5%

Jasper

125

250

100%

0.1%

Jeff Davis

94

205

118%

0.1%

Jefferson

116

247

113%

0.1%

Jenkins

52

108

108%

0.0%

Johnson

47

110

134%

0.0%

Jones

203

392

93%

0.1%

Lamar

135

301

123%

0.1%

Lanier

56

145

159%

0.1%

Laurens

391

931

138%

0.3%

Lee

264

555

110%

0.2%

Liberty

543

1,292

138%

0.5%

Lincoln

49

103

110%

0.0%

Long

107

328

207%

0.1%

Lowndes

935

2,224

138%

0.8%

Lumpkin

274

383

40%

0.1%

Macon

109

314

188%

0.1%

Madison

103

166

61%

0.1%

Marion

87

192

121%

0.1%

McDuffie

220

394

79%

0.1%

McIntosh

43

95

121%

0.0%

Meriwether

160

447

179%

0.2%

Miller

32

86

169%

0.0%

Mitchell

136

318

134%

0.1%

Monroe

211

507

140%

0.2%

Montgomery

55

101

84%

0.0%

Morgan

204

369

81%

0.1%

Murray

154

256

66%

0.1% continued →

121


Economic Competitiveness

Table 42

County

2018 Total Business Applications

2022 Total Business Applications

% Change

% of Total 2022 Georgia Applications

Muscogee

1,867

4,369

134%

1.6%

Newton

1,763

3,464

96%

1.3%

Oconee

496

652

31%

0.2%

Oglethorpe

105

183

74%

0.1%

Paulding

2,068

3,889

88%

1.4%

Peach

217

531

145%

0.2%

Pickens

305

450

48%

0.2%

Pierce

123

212

72%

0.1%

Pike

172

272

58%

0.1%

Polk

218

466

114%

0.2%

Pulaski

43

119

177%

0.0%

Putnam

198

432

118%

0.2%

Quitman

20

30

50%

0.0%

Rabun

139

223

60%

0.1%

Randolph

35

95

171%

0.0%

Richmond

1,979

4,368

121%

1.6%

Rockdale

2,056

3,735

82%

1.4%

Schley

31

44

42%

0.0%

Screven

117

230

97%

0.1%

Seminole

58

139

140%

0.1%

Spalding

726

1,441

98%

0.5%

Stephens

157

248

58%

0.1%

Stewart

42

61

45%

0.0%

Sumter

211

504

139%

0.2%

Talbot

68

120

76%

0.0%

Taliaferro

10

29

190%

0.0%

Tattnall

157

266

69%

0.1%

Taylor

42

159

279%

0.1%

Telfair

66

168

155%

0.1%

Terrell

60

161

168%

0.1%

Thomas

438

789

80%

0.3%

Tift

309

777

151%

0.3%

Toombs

213

444

108%

0.2%

Towns

114

166

46%

0.1%

Treutlen

47

144

206%

0.1%

Troup

695

2,175

213%

0.8%

Turner

53

144

172%

0.1%

Twiggs

51

119

133%

0.0%

Union

215

317

47%

0.1%

Upson

228

379

66%

0.1%

Walker

311

533

71%

0.2%

Walton

1,021

1,932

89%

0.7% continued →

122


Business Applications by County

Georgia Chamber Foundation

County

2018 Total Business Applications

2022 Total Business Applications

% Change

% of Total 2022 Georgia Applications

Ware

222

483

118%

0.2%

Warren

52

69

33%

0.0%

Washington

123

282

129%

0.1%

Wayne

179

398

122%

0.1%

Webster

19

25

32%

0.0%

Wheeler

22

69

214%

0.0%

White

213

400

88%

0.1%

Whitfield

574

1,056

84%

0.4%

Wilcox

44

108

145%

0.0%

Wilkes

55

132

140%

0.0%

Wilkinson

69

126

83%

0.0%

Worth

140

292

109%

0.1%

Sourced from the Census Bureau

123


Economic Competitiveness

Table 43

Number of Firms per County Growth in the number of firms has increased in the state and in Rural Georgia, Hub communities, and Metro Atlanta. The greatest growth has occurred in Metro Atlanta. County

2019

2021

% Change

United States

7,959,103

8,148,606

2.4%

Georgia

238,132

252,587

6.1%

Rural Georgia

63,251

66,632

5.3%

Hub Georgia

45,372

46,790

3.1%

Metro Atlanta

129,509

139,165

7.5%

Appling

381

397

4.2%

Atkinson

92

88

-4.3%

Bacon

238

231

-2.9%

Baker

30

29

-3.3%

Baldwin

811

848

4.6%

Banks

287

306

6.6%

Barrow

1,314

1,435

9.2%

Bartow

2,163

2,282

5.5%

Ben Hill

295

287

-2.7%

Berrien

247

256

3.6%

Bibb

4,108

4,166

1.4%

Bleckley

169

161

-4.7%

Brooks

203

216

6.4%

Brantley

210

216

2.9%

Bryan

708

768

8.5%

Bulloch

1,495

1,569

4.9%

Burke

346

358

3.5%

Butts

374

410

9.6%

Calhoun

61

71

16.4%

Camden

857

881

2.8%

Candler

226

224

-0.9%

Carroll

2,131

2,279

6.9%

Catoosa

953

983

3.1% continued →

124


Number of Firms per County

Georgia Chamber Foundation

County

2019

2021

% Change

Charlton

150

151

0.7%

Chatham

8,078

8,423

4.3%

Chattahoochee

100

101

1.0%

Chattooga

318

315

-0.9%

Cherokee

5,706

6,108

7.0%

Clarke

3,104

3,162

1.9%

Clay

39

39

0.0%

Clayton

3,781

4,242

12.2%

Clinch

127

128

0.8%

Cobb

20,869

22,038

5.6%

Coffee

823

837

1.7%

Colquitt

895

911

1.8%

Columbia

2,529

2,710

7.2%

Cook

312

312

0.0%

Coweta

2,603

2,928

12.5%

Crawford

107

119

11.2%

Crisp

501

492

-1.8%

Dade

213

226

6.1%

Dawson

736

808

9.8%

Decatur

601

611

1.7%

Dekalb

17,293

18,496

7.0%

Dodge

307

307

0.0%

Dooly

151

151

0.0%

Dougherty

2,222

2,254

1.4%

Douglas

2,670

2,881

7.9%

Early

214

206

-3.7%

Echols

28

30

7.1%

Effingham

781

859

10.0%

Elbert

437

434

-0.7%

Emanual

376

369

-1.9%

Evans

226

222

-1.8%

Fannin

634

690

8.8%

Fayette

3,608

3,855

6.8%

Floyd

2,012

2,073

3.0%

Forsyth

6,783

7,341

8.2%

Franklin

461

478

3.7%

Fulton

37,892

40,620

7.2%

Gilmer

589

626

6.3%

Glascock

27

28

3.7%

Glynn

2,595

2,643

1.8%

Gorden

1,027

1,039

1.2%

Grady

409

445

8.8%

Greene

457

480

5.0% continued →

125


Economic Competitiveness

Table 43

County

2019

2021

% Change

Gwinnett

24,903

26,819

7.7%

Habersham

861

913

6.0%

Hall

4,569

4,846

6.1%

Hancock

63

71

12.7%

Haralson

467

504

7.9%

Harris

447

454

1.6%

Hart

406

442

8.9%

Heard

109

112

2.8%

Henry

3,931

4,489

14.2%

Houston

2,587

2,705

4.6%

Irwin

118

109

-7.6%

Jackson

1,366

1,507

10.3%

Jasper

183

202

10.4%

Jeff Davis

242

247

2.1%

Jefferson

307

305

-0.7%

Jenkins

101

101

0.0%

Johnson

123

122

-0.8%

Jones

328

353

7.6%

Lamar

259

279

7.7%

Lanier

91

99

8.8%

Laurens

1,056

1,076

1.9%

Lee

414

434

4.8%

Liberty

852

891

4.6%

Lincoln

145

159

9.7%

Long

82

103

25.6%

Lowndes

2,770

2,828

2.1%

Lumpkin

529

549

3.8%

Macon

414

424

2.4%

Madison

171

182

6.4%

Marion

173

168

-2.9%

McDuffie

379

393

3.7%

McIntosh

80

91

13.8%

Meriwether

284

319

12.3%

Miller

135

132

-2.2%

Mitchell

358

357

-0.3%

Monroe

529

570

7.8%

Montgomery

105

98

-6.7%

Morgan

510

535

4.9%

Murray

408

404

-1.0%

Muscogee

4,359

4,457

2.2%

Newton

1,457

1,600

9.8%

Oconee

1,234

1,334

8.1%

Oglethorpe

176

186

5.7% continued →

126


Number of Firms per County

Georgia Chamber Foundation

County

2019

2021

% Change

Paulding

2,072

2,338

12.8%

Peach

468

496

6.0%

Pickens

717

753

5.0%

Pierce

329

345

4.9%

Pike

260

300

15.4%

Polk

609

618

1.5%

Pulaski

171

173

1.2%

Putnam

460

489

6.3%

Quitman

34

34

0.0%

Rabun

497

513

3.2%

Randolph

129

128

-0.8%

Richmond

4,261

4,279

0.4%

Rockdale

2,073

2,276

9.8%

Schley

60

64

6.7%

Screven

221

228

3.2%

Seminole

178

171

-3.9%

Spalding

1,137

1,221

7.4%

Stephens

541

545

0.7%

Stewart

55

58

5.5%

Sumter

604

610

1.0%

Talbot

63

66

4.8%

Taliaferro

14

17

21.4%

Tattnall

303

309

2.0%

Taylor

126

125

-0.8%

Telfair

176

178

1.1%

Terrell

173

171

-1.2%

Thomas

1,129

1,147

1.6%

Tift

1,078

1,078

0.0%

Toombs

655

689

5.2%

Towns

281

301

7.1%

Treutlen

85

78

-8.2%

Troup

1,458

1,676

15.0%

Turner

153

154

0.7%

Twiggs

74

77

4.1%

Union

564

632

12.1%

Upson

457

447

-2.2%

Walker

680

718

5.6%

Walton

1,754

1,888

7.6%

Ware

866

885

2.2%

Warren

79

78

-1.3%

Washington

346

344

-0.6%

Wayne

578

597

3.3%

Webster

32

31

-3.1% continued →

127


Economic Competitiveness

Table 43

County

2019

2021

% Change

Wheeler

59

50

-15.3%

White

649

672

3.5%

Whitfield

2,178

2,244

3.0%

Wilcox

80

89

11.3%

Wilkes

194

183

-5.7%

Wilkinson

136

141

3.7%

Worth

265

265

0.0%

Sourced from the Census Bureau County Business Patterns 2019 and 2021 Surveys

The greatest growth in business applications, or the idea for a business is in rural Georgia and Hub communities. Alternatively this data shows the greatest growth in actual businesses is in Metro Atlanta. More assistance is needed to ensure business proposals have sound business plans to become successful businesses. 128


Economic Competitiveness

Table 44

Georgia Chamber Foundation

2021 Entrepreneur Data by State Georgia’s high rate of entrepreneurship but relatively mid-rank of opportunity share indicates that many of the entrepreneurs in the state have only ever been entrepreneurs, which increases the importance for access to capital and resources for small businesses. Opportunity share of new entrepreneurs captures individuals who left other economic and educational activities to start a business, as opposed to leaving unemployment to start a business.

State

% of Adults Becoming Entrepreneurs Per Month

Rank: % of Adults Becoming Entrepreneurs Per Month

Opportunity Share of New Entrepreneurs

Rank: Opportunity Share of New Entrepreneurs

Alabama

0.36%

17(T)

77.20%

32

Alaska

0.26%

40(T)

77.61%

29

Arizona

0.42%

6(T)

78.43%

27

Arkansas

0.39%

10

93.06%

1

California

0.35%

19(T)

77.57%

30

Colorado

0.43%

5

72.59%

43

Connecticut

0.31%

26

69.38%

47

Delaware

0.26%

40(T)

79.99%

22

Florida

0.61%

1

86.98%

5

Georgia

0.47%

3

81.56%

19

Hawaii

0.35%

19(T)

79.83%

24

Idaho

0.33%

25

89.33%

4

Illinois

0.27%

38(T)

73.72%

42

Indiana

0.23%

45

76.33%

36

Iowa

0.22%

46

86.88%

6

Kansas

0.28%

34(T)

86.35%

7

Kentucky

0.29%

27(T)

72.29%

44

Louisiana

0.37%

12(T)

82.54%

14

Maine

0.42%

6(T)

79.11%

26

Maryland

0.29%

27(T)

80.72%

21

Massachusetts

0.27%

48

68.74%

48

Michigan

0.29%

27(T)

65.12%

50

Minnesota

0.20%

48

76.30%

37

Mississippi

0.37%

12(T)

81.94%

16

Missouri

0.37%

12(T)

81.66%

18 continued →

129


Economic Competitiveness

Table 44

State

% of Adults Becoming Entrepreneurs Per Month

Rank: % of Adults Becoming Entrepreneurs Per Month

Opportunity Share of New Entrepreneurs

Rank: Opportunity Share of New Entrepreneurs

Montana

0.36%

17(T)

75.76%

39

Nebraska

0.28%

34(T)

77.54%

31

Nevada

0.34%

22(T)

76.36%

35

New Hampshire

0.29%

27(T)

72.27%

45(T)

New Jersey

0.37%

12(T)

72.27%

45(T)

New Mexico

0.55%

2

83.09%

13

New York

0.38%

11

81.86%

17

North Carolina

0.34%

22(T)

76.47%

34

North Dakota

0.29%

27(T)

91.29%

3

Ohio

0.28%

34(T)

75.80%

38

Oklahoma

0.44%

4

84.56%

11

Oregon

0.28%

34(T)

76.61%

33

Pennsylvania

0.34%

22(T)

77.91%

28

Rhode Island

0.19%

49

66.94%

49

South Carolina

0.29%

27(T)

84.00 %

12

South Dakota

0.24%

44

84.74%

10

Tennessee

0.35%

19(T)

81.14%

20

Texas

0.37%

12(T)

79.57%

25

Utah

0.25%

43

91.40%

2

Vermont

0.42%

6(T)

75.17%

41

Virginia

0.26%

40(T)

79.89%

23

Washington

0.29%

27(T)

75.67%

40

West Virginia

0.17%

50

82.28%

15

Wisconsin

0.22%

47

85.24%

8

Wyoming

0.41%

9

85.15%

9

Sourced from the Kauffman Foundation

‘Opportunity share of New Entrepreneurs’ captures individuals who left other economic and educational activities to start a business, as opposed to leaving unemployment to start a business. 130


Economic Competitiveness

Table 45

Georgia Chamber Foundation

2022 Startups per State Start-up early job creation and early-stage survival rates are important indicators of early state entrepreneurship. Georgia’s high job creation rank proves our state has a strong climate to foster entrepreneurialism but ranking 35th in survival rate indicates more resources need to be devoted to sustaining our start-ups. Start-up job creation reflects the number of jobs per 1,000 created by start-ups in their first year.

State

Number of Startups

Startup Job Creation

Rank: Startup Job Creation

Startup Early Survival Rate

Rank: Startup Early Survival Rate

Alabama

67,983

3.46

40

77.90%

42

Alaska

14,055

3.56

38

80.30%

31

Arizona

97,850

4.71

17

81.70%

19

Arkansas

45,794

3.92

28

80.50%

29

California

687,058

5.73

10

82.60%

9

Colorado

121,775

6.09

4

81.60%

20

Connecticut

62,338

3.98

27

81.30%

22

Delaware

19,440

4.74

15

82.30%

12

Florida

407,796

6.53

1

80.50%

29

Georgia

163,066

5.74

9

79.80%

35

Hawaii

407,796

3.03

47

73.40%

50

Idaho

36,898

6.11

3

80.80%

27

Illinois

219,331

4.32

23

84.80%

2

Indiana

98,218

3.81

33

83.60%

4

Iowa

55,671

2.84

48

83.80%

3

Kansas

51,049

3.9

31

76.80%

47

Kentucky

60,238

3.22

46

80.10%

32

Louisiana

72,951

4.09

25

80.00%

33

Maine

29,402

4.34

22

82.90%

7

Maryland

97,548

2.66

49

81.20%

23

Massachusetts

128,472

4.47

20

82.10%

15

Michigan

151,245

3.59

37

78.90%

38

Minnesota

101,544

3.42

43

82.00%

16

Mississippi

40,078

3.41

44

82.40%

10

Missouri

102,912

4.74

15

77.10%

44

Montana

28,512

6.14

2

81.00%

25 continued →

131


Economic Competitiveness

Table 45

State

Number of Startups

Startup Job Creation

Rank: Startup Job Creation

Startup Early Survival Rate

Rank: Startup Early Survival Rate

Nebraska

38,604

4.84

14

76.40%

49

Nevada

48,102

6.06

5

83.20%

6

New Hampshire

27,638

3.71

34

77.00%

46

New Jersey

170,791

5.88

7

79.90%

34

New Mexico

30,641

3.3

45

77.60%

43

New York

399,761

4.08

26

79.20%

37

North Carolina

162,412

5.78

8

82.70%

8

North Dakota

17,441

4.21

24

78.30%

41

Ohio

163,096

3.7

35

81.40%

21

Oklahoma

64,980

5.68

11

82.30%

12

Oregon

85,659

4.93

13

78.40%

40

Pennsylvania

207,340

3.43

42

83.30%

5

Rhode Island

21,574

3.54

39

77.10%

44

South Carolina

76,428

3.92

28(T)

82.30%

12

South Dakota

19,848

3.92

28(T)

81.00%

25

Tennessee

91,560

4.56

19

80.70%

28

Texas

409,358

5.18

12

81.90%

17

Utah

59,950

6.02

6

81.80%

18

Vermont

15,518

2.55

50

78.50%

39

Virginia

138,048

4.59

18

79.50%

36

Washington

137,073

4.46

21

89.20%

1

West Virginia

23,308

3.44

41

81.10%

24

Wisconsin

96,737

3.69

36

82.40%

10

Wyoming

16,064

3.88

32

76.60%

48

Sourced from the Kauffman Foundation

Start-up job creation reflects the number of jobs per 1,000 created by start-ups in their first year.

132


Economic Competitiveness

Table 46

Georgia Chamber Foundation

Innovation Competitiveness Index by State The Innovation Competitiveness Index weighs a mix of 14 indicators from research & development (R&D) intensity to education workforce and manufacturing output to create an internationally comparable index of innovation. Georgia ranks 24th nationally, as states including Texas, North Carolina, and Virginia outpace us in research and development spending. This opens significant opportunity for investment in Georgia’s R&D capital and innovative ecosystem. State

Score

Rank

State

Score

Rank

United States

53

-

Montana

42.3

40

Alabama

46.3

32

Nebraska

41.5

44

Alaska

40.5

45

Nevada

45.3

36

Arizona

53.8

21

New Hampshire

58.6

15

Arkansas

37.1

48

New Jersey

70.2

5

California

83.9

2

New Mexico

68.3

6

Colorado

60.3

12

New York

60.9

10

Connecticut

61.4

9

North Carolina

58.1

17

Delaware

65

8

North Dakota

45.8

34

Florida

50.2

25

Ohio

51.5

22

Oklahoma

40.4

46

Georgia

50.3

24

Oregon

66

7

55.9

20

Hawaii

41.7

43

Pennsylvania

Idaho

48.6

29

Rhode Island

50.2

25

46.6

31

Illinois

57.2

19

South Carolina

Indiana

50.2

25

South Dakota

35.9

50

Iowa

43.3

39

Tennessee

45.6

35

58.3

16

Kansas

48.7

28

Texas

Kentucky

43.8

38

Utah

59.2

13

44.5

37

Louisiana

46.2

33

Vermont

Maine

41.8

42

Virginia

57.8

18

Maryland

75

3

Washington

74.2

4

39.8

47

Massachusetts

91.5

1

West Virginia

Michigan

60.8

11

Wisconsin

47.5

30

42

41

Minnesota

59.1

14

Wyoming

Mississippi

36.6

49

Missouri

51.3

23

Sourced from Information Technology and Innovation Foundation continued →

133


Economic Competitiveness

Table 47

2020 U.S. R&D Expenditures by State Georgia ranks 35th nationally in R&D per capita. While the state continues to drive innovation and cultivate strong talent, there is an opportunity to increase R&D expenditures to further develop our innovation ecosystem.

States

Total

by Business

by Higher Education

R&D per capita

Rank: R&D per Capita

United States

$716,955.00

$543,220.00

$80,842.00

$2,195.41

-

Alabama

$5,701.00

$2,937.00

$1,187.00

$1,165.09

31

Alaska

$339.00

$47.00

$178.00

$459.98

43

Arizona

$9,056.00

$7,110.00

$1,499.00

$1,262.32

28

Arkansas

$892.00

$414.00

$371.00

$296.16

50

California

$217,976.00

$193,063.00

$10,911.00

$5,539.98

3

Colorado

$10,297.00

$7,145.00

$1,666.00

$1,811.28

15

Connecticut

$9,486.00

$7,902.00

$1,401.00

$2,656.73

9

Delaware

$2,749.00

$2,499.00

$244.00

$2,840.82

6

District of Columbia

$7,440.00

$659.00

$685.00

$10,598.68

-

Florida

$11,888.00

$7,885.00

$2,723.00

$560.31

39

Georgia

$8,455.00

$5,389.00

$2,782.00

$803.97

35

Hawaii

$794.00

$279.00

$298.00

$559.13

40

Idaho

$2,929.00

$2,210.00

$171.00

$1,669.55

18

Illinois

$19,203.00

$14,097.00

$2,765.00

$1,510.13

22

Indiana

$10,303.00

$8,305.00

$1,734.00

$1,538.47

21

Iowa

$4,480.00

$3,455.00

$917.00

$1,422.22

25

Kansas

$3,616.00

$2,771.00

$740.00

$1,241.49

29

Kentucky

$1,911.00

$1,259.00

$641.00

$428.29

44

Louisiana

$1,453.00

$535.00

$798.00

$311.49

48

Maine

$769.00

$434.00

$151.00

$573.53

37

Maryland

$27,853.00

$5,923.00

$4,745.00

$4,613.24

4

Massachusetts

$44,907.00

$32,737.00

$4,361.00

$6,533.83

1

Michigan

$24,898.00

$21,589.00

$2,868.00

$2,496.31

10

Minnesota

$10,301.00

$7,824.00

$1,087.00

$1,839.41

14

Mississippi

$1,098.00

$278.00

$507.00

$368.23

47

Missouri

$8,229.00

$6,502.00

$1,444.00

$1,343.69

27

Montana

$608.00

$242.00

$290.00

$572.66

38 continued →

134


2020 U.S. R&D Expenditures by State

Georgia Chamber Foundation

States

Total

by Business

by Higher Education

R&D per capita

Rank: R&D per Capita

Nebraska

$1,492.00

$838.00

$587.00

$775.54

36

Nevada

$1,252.00

$931.00

$296.00

$413.16

45

New Hampshire

$3,332.00

$2,755.00

$484.00

$2,458.60

11

New Jersey

$24,121.00

$22,009.00

$1,386.00

$2,714.67

8

New Mexico

$8,438.00

$1,140.00

$376.00

$4,023.80

5

New York

$36,559.00

$23,414.00

$7,156.00

$1,873.39

13

North Carolina

$18,064.00

$13,369.00

$3,386.00

$1,739.23

16

North Dakota

$679.00

$342.00

$267.00

$892.96

34

Ohio

$16,647.00

$11,005.00

$2,519.00

$1,425.83

24

Oklahoma

$1,892.00

$1,012.00

$604.00

$479.07

42

Oregon

$11,537.00

$10,472.00

$895.00

$2,762.46

7

Pennsylvania

$21,687.00

$15,443.00

$4,820.00

$1,694.97

17

Rhode Island

$1,638.00

$700.00

$396.00

$1,548.50

20

South Carolina

$2,628.00

$1,567.00

$743.00

$516.15

41

South Dakota

$344.00

$216.00

$111.00

$391.20

46

Tennessee

$6,187.00

$1,820.00

$1,399.00

$913.58

33

Texas

$34,589.00

$26,084.00

$6,620.00

$1,207.91

30

Utah

$4,452.00

$3,285.00

$951.00

$1,412.78

26

Vermont

$574.00

$368.00

$194.00

$919.37

32

Virginia

$13,317.00

$7,235.00

$1,921.00

$1,564.98

19

Washington

$46,392.00

$41,615.00

$1,827.00

$6,175.34

2

West Virginia

$556.00

$229.00

$218.00

$307.62

49

Wisconsin

$8,346.00

$6,430.00

$1,747.00

$1,437.24

23

Wyoming

$1,169.00

$1,047.00

$93.00

$2,010.84

12

Sourced from the National Science Foundation

135


Economic Competitiveness

Table 48

2021 Higher Education Research and Development Funding Spend by State Georgia ranks 8th nationally in terms of research and development spending by higher education institutions. This benefits Georgia by bringing more investment to the state and assists with the recruitment of high-tech talent and STEM professionals. State

R&D Spend

Rank

United States

$89,723,447

Alabama

$1,272,489

23

Alaska

$196,501

46

Arizona

$1,516,463

20

Arkansas

$387,674

38

California

$11,229,857

1

Colorado

$1,746,975

16

Connecticut

$1,494,357

21

Delaware

$254,725

43

District of Columbia

$717,928

-

Florida

$2,769,387

12

Georgia

$2,949,654

8

State

R&D Spend

Rank

Montana

$330,081

39

Nebraska

$575,986

33

Nevada

$308,745

40

New Hampshire

$498,518

34

New Jersey

$1,352,770

22

New Mexico

$473,020

36

New York

$7,577,235

2

North Carolina

$3,503,943

7

North Dakota

$307,556

41

Ohio

$2,787,835

11

Oklahoma

$622,581

32

Oregon

$929,355

27

Pennsylvania

$4,934,724

4

$425,750

37

Hawaii

$294,913

42

Rhode Island

Idaho

$165,913

47

South Carolina

$753,287

30

$100,534

49

Illinois

$2,914,398

9

South Dakota

Indiana

$1,699,302

17

Tennessee

$1,629,860

18

Iowa

$931,207

26

Texas

$6,849,522

3

$993,876

25

Kansas

$785,055

29

Utah

Kentucky

$655,290

31

Vermont

$198,247

45

$1,942,260

13

Louisiana

$830,787

28

Virginia

Maine

$165,224

48

Washington

$1,881,044

14

Maryland

$4,914,256

5

West Virginia

$231,347

44

$1,771,499

15

$93,202

50

Massachusetts

$4,568,999

6

Wisconsin

Michigan

$2,842,492

10

Wyoming

Minnesota

$1,115,363

24

Mississippi

$491,172

35

Sourced from the National Science Foundation

Missouri

$1,582,870

19 continued →

136


Table 49

Economic Competitiveness

Georgia Chamber Foundation

Venture Capital Deal Activity and Fundraising by State Georgia ranks 8th for change in capital invested over the last five years indicating the state continues to attract investment to drive innovation.

State

Company Count

# of VC Deals Closed

Capital Invested (in $Millions)

2017 (in $Millions)

2022 (in $Millions)

2017 to 2022 Change (in $Millions)

Rank: 2017 to 2022 Change

Alabama

46

48

$265.60

$1.40

$11.70

$10.30

26

Alaska

12

12

$69.20

Arizona

149

164

$1,274.40

$29.40

$140.70

$111.30

19

Arkansas

33

33

$235.50

California

4,956

5274

$104,020.70

$25,766.50

$78,275.40

$52,508.90

1

Colorado

418

452

$5,837.40

$235.10

$1,077.70

$842.60

9

Connecticut

158

172

$1,859.50

$655.90

$2,126.10

$1,470.20

6

Delaware

414

446

$1,988.20

$1.50

$1.50

27

District of Columbia

106

111

$1,421.90

$491.40

$2,018.00

$1,526.60

-

Florida

639

691

$7,238.60

$64.90

$2,613.40

$2,548.50

4

Georgia

273

295

$2,254.40

$122.00

$1,180.50

$1,058.50

8

Hawaii

18

21

$54.90

$3.00

-$3.00

32

Idaho

39

41

$324.90

$15.00

$6.90

-$8.10

33

Illinois

398

424

$10,447.60

$1,835.70

$4,150.70

$2,315.00

5

Indiana

169

176

$786.90

$15.50

$59.90

$44.40

22

Iowa

49

53

$288.70

$0.40

-$0.40

28

Kansas

36

41

$361.20

$26.40

-$26.40

34

Kentucky

63

64

$86.10

Louisiana

41

42

$173.40

$10.30

$10.30

25

Maine

31

31

$93.90

$10.20

$21.50

$11.30

24

Maryland

190

200

$1,581.80

$123.70

$180.60

$56.90

21

Massachusetts

928

998

$21,354.30

$7,343.40

$15,649.50

$8,306.10

3

Michigan

166

176

$1,206.20

$226.10

$25.00

-$201.10

41

Minnesota

165

179

$2,266.90

$155.60

$69.00

-$86.6

39

Mississippi

11

13

$67.80

Missouri

89

93

$780.50

$164.20

$50.00

-$114.20

40 continued →

137


Table 49

Economic Competitiveness

2017 to 2022 Change (in $Millions)

Rank: 2017 to 2022 Change

$2.80

-$2.80

31

$491.60

$31.00

-$31.00

36

120

$1,313.00

$5.00

$150.00

$145.00

18

44

47

$211.70

$49.10

$91.40

$42.30

23

New Jersey

232

252

$2,342.50

$10.00

$89.80

$79.80

20

New Mexico

28

29

$143.20

$2.70

-$2.70

30

New York

2,048

2174

$29,238.60

$3,366.50

$45,349.80

$41,983.30

2

North Carolina

289

306

$4,406.90

$160.80

$998.40

$837.60

10

North Dakota

7

8

$75.00

$1.80

-$1.80

29

Ohio

186

197

$2,164.30

$29.70

$206.20

$176.50

17

Oklahoma

28

30

$225.10

Oregon

153

169

$986.90

$42.70

$13.00

-$29.70

35

Pennsylvania

352

392

$4,684.10

$132.00

$466.10

$334.10

14

Rhode Island

34

36

$179.40

South Carolina

52

57

$672.00

$9.00

$205.00

$196.00

16

South Dakota

2

3

$6.20

Tennessee

141

148

$976.90

$170.00

$964.20

$794.20

11

Texas

804

877

$10,261.00

$1,937.50

$2,419.50

$482.00

12

Utah

188

199

$2,544.10

$137.80

$590.50

$452.70

13

Vermont

38

43

$583.90

$71.30

$18.50

-$52.80

37

Virginia

249

266

$3,103.90

$309.20

$592.60

$283.40

15

Washington

507

552

$8,170.70

$703.00

$2,078.00

$1,375.00

7

West Virginia

8

8

$9.80

Wisconsin

91

97

$547.20

$134.50

$66.10

-$68.40

38

Wyoming

42

46

$662.50

State

Company Count

# of VC Deals Closed

Capital Invested (in $Millions)

2017 (in $Millions)

Montana

30

31

$198.50

Nebraska

42

43

Nevada

109

New Hampshire

Sourced from NVCA 2023 Yearbook

138

2022 (in $Millions)

$0.00


Economic Competitiveness

Table 50

Georgia Chamber Foundation

2020 Economic Dynamism by State Georgia ranks 13th nationally according to the index of state dynamism by the Economic Innovation Group. This index is made up of eight indicators all measuring churn and growth in an economy. Georgia performs best on the core start-up rate and performs worst on patents per 1,000 residents. State

Index of State Dynamism

Rank

Alabama

22.2

45

Alaska

23.7

44

Arizona

39

9

Arkansas

24

41

California

43.2

5

Colorado

43.4

4

Connecticut

31.6

20

Delaware

47.7

1

District of Columbia

36.9

-

Florida

36

11

Georgia

34.5

13

Hawaii

17.7

48

Idaho

44.1

3

Illinois

25.3

35

Indiana

26.2

33

Iowa

25.5

34

Kansas

27

31

Kentucky

20.5

47

Louisiana

22.1

46

Maine

23.8

42

Maryland

28.5

25

Massachusetts

34.4

14

Michigan

27.3

28

Minnesota

33.9

15

Mississippi

17

49

Missouri

25.2

36

Montana

32.7

16

Nebraska

28.3

26

Nevada

39.7

8 continued →

139


Economic Competitiveness

Table 50

State

Index of State Dynamism

Rank

New Hampshire

32.1

18

New Jersey

32.1

18

New Mexico

23.8

42

New York

26.9

32

North Carolina

29.2

24

North Dakota

27.3

28

Ohio

24.5

38

Oklahoma

27.9

27

Oregon

34.9

12

Pennsylvania

24.4

40

Rhode Island

24.5

38

South Carolina

32.5

17

South Dakota

31.2

21

Tennessee

29.9

22

Texas

40.5

7

Utah

45.5

2

Vermont

24.6

37

Virginia

29.7

23

Washington

40.9

6

West Virginia

11.1

50

Wisconsin

27.1

30

Wyoming

36.8

10

Sourced from Economic Innovation Group-The Index of State Dynamism

A less dynamic economy is usually less resilient, less innovative, less productive, and has less opportunity in the long-run. 140


Economic Competitiveness

Table 51

Georgia Chamber Foundation

2021 Business Birth and Death Rates by State Business births and deaths measure the percent of businesses entering and exiting the economy. The net growth measures indicate overall growth of new business in a given time frame. Georgia ranks 6th nationally in terms of net growth of businesses proving the state continues to attract entrepreneurship and maintain a strong business climate. State

Birth Date

Death Rate

Net

Rank

United States Total

4.0%

2.7%

1.33%

-

Alabama

3.6%

2.4%

1.18%

30

Alaska

4.0%

2.8%

1.20%

29

Arizona

4.5%

2.8%

1.65%

13

Arkansas

3.6%

3.1%

0.55%

49

California

3.9%

2.4%

1.48%

19

Colorado

4.4%

3.1%

1.30%

25

Connecticut

4.3%

2.7%

1.55%

16

Delaware

4.4%

3.3%

1.08%

33

District of Columbia

6.0%

4.1%

1.93%

-

Florida

5.2%

3.3%

1.88%

7

Georgia

5.1%

3.2%

1.90%

6

Hawaii

4.3%

2.8%

1.43%

21

Idaho

5.5%

3.0%

2.48%

2

Illinois

3.6%

2.7%

0.93%

39

Indiana

3.3%

2.3%

0.98%

37

Iowa

2.7%

2.3%

0.42%

52

Kansas

3.7%

2.8%

0.95%

38

Kentucky

3.8%

2.5%

1.25%

27

Louisiana

3.2%

2.6%

0.57%

48

Maine

4.5%

2.7%

1.83%

8

Maryland

3.3%

2.7%

0.58%

47

Massachusetts

4.4%

2.7%

1.68%

11

Michigan

3.7%

2.4%

1.30%

24

Minnesota

3.4%

2.7%

0.75%

43

Mississippi

3.2%

2.5%

0.68%

44

Missouri

4.5%

3.5%

1.00%

36

Montana

4.6%

2.9%

1.65%

14 continued →

141


Economic Competitiveness

Table 51

State

Birth Date

Death Rate

Net

Rank

Nebraska

3.1%

2.5%

0.65%

46

Nevada

5.6%

3.2%

2.40%

3

New Hampshire

4.7%

3.0%

1.75%

9

New Jersey

5.3%

2.6%

2.65%

1

New Mexico

3.8%

3.0%

0.80%

41

New York

3.8%

2.8%

1.05%

34

North Carolina

4.3%

2.8%

1.53%

18

North Dakota

3.3%

2.6%

0.65%

45

Ohio

3.1%

2.3%

0.80%

42

Oklahoma

3.6%

3.1%

0.53%

51

Oregon

3.6%

3.0%

0.55%

50

Pennsylvania

3.3%

2.2%

1.15%

31

Rhode Island

5.0%

3.4%

1.68%

12

South Carolina

4.2%

2.8%

1.38%

22

South Dakota

3.9%

2.4%

1.55%

15

Tennessee

4.3%

2.8%

1.48%

20

Texas

3.9%

2.7%

1.20%

28

Utah

4.9%

3.2%

1.70%

10

Vermont

4.7%

2.7%

1.98%

4

Virginia

3.9%

3.1%

0.88%

40

Washington

4.0%

2.4%

1.55%

17

West Virginia

3.6%

2.6%

1.03%

35

Wisconsin

3.6%

2.5%

1.10%

32

Wyoming

4.1%

2.8%

1.28%

26

Sourced from the Bureau of Labor Statistics Business Employment Dynamics Data

142


Economic Competitiveness

Table 52

Georgia Chamber Foundation

2023 Business Climate Rankings by State Georgia has been named the number one state in the nation for business for an unprecedented ten years. The only category where Georgia was not number one was access to capital.

Top States to Do Business

Top States to Do Business

Workforce Development Programs

Cost of Doing Business

Competitive Labor Market

Access to Capital

Energy Availability/Cost

1

Georgia

Georgia

Georgia

Georgia

Georgia

California

Georgia

2

South Carolina

South Carolina

Virginia

Alabama

North Carolina

New York

Tennessee

3

Tennessee

Tennessee

South Carolina

Tennessee

Ohio

Texas

South Carolina

4

North Carolina

North Carolina

Louisiana

South Carolina

South Carolina

Massachusetts

Alabama

5

Ohio

Ohio

Alabama

North Carolina

Indiana

Georgia

North Carolina

6

Alabama

Alabama

Tennessee

Indiana

Texas

Virginia

Texas

7

Indiana

Indiana

North Carolina

Mississippi

Virginia

Illinois

Washington

8

Texas

Texas

Indiana

Ohio

Tennessee

North Carolina

Oregon

9

Virginia

Virginia

Arizona

Texas

Arizona

Arizona

Indiana

10

Mississippi

Mississippi

Ohio

Louisiana

Alabama

Maryland

Iowa

Sourced from Area Development’s 2023 Top States for Doing Business

143


Economic Competitiveness

Table 53

2020 Tort Costs by State Georgia ranks 7th nationally in tort costs per household, leading to Georgia families paying $600 more than the average U.S. family due to expenses from lawsuit abuse. When looking at our Southern economic competitors, only Florida has higher tort costs per household, and they recently enacted legislation to address the issue. Tort Costs as % of State GDP

Rank

Tort Costs per Household ($)

Rank

United States

2.13%

23

$3,621

-

Alabama

2.48%

12

$2,977

26

Alaska

1.44%

48

$2,810

30

Arizona

2.42%

14

$3,414

17

Arkansas

2.59%

8

$2,888

27(T)

California

2.00%

30

$4,599

5

Colorado

2.24%

17

$4,011

9

Connecticut

2.14%

22

$4,271

6

Delaware

2.68%

4

$5,480

1

District of Columbia

0.88%

-

$4,422

-

Florida

3.63%

1

$5,065

3

Georgia

2.56%

9

$4,157

7

Hawaii

1.71%

36

$3,023

25

Idaho

2.38%

15

$3,067

24

Illinois

2.04%

29

$3,590

15

Indiana

1.73%

34

$2,502

42

Iowa

1.51%

46

$2,309

44

Kansas

1.71%

36

$2,618

36

Kentucky

2.13%

23

$2,594

38

Louisiana

2.99%

2

$4,018

8

Maine

1.63%

38

$1,982

50

Maryland

1.73%

34

$3,186

19

Massachusetts

1.81%

33

$3,988

10

Michigan

2.23%

18

$2,888

27(T)

Minnesota

1.55%

43

$2,615

37

Mississippi

2.63%

7

$2,685

34

Missouri

2.11%

27

$2,847

29 continued →

144


2020 Tort Costs by State

Georgia Chamber Foundation

Tort Costs as % of State GDP

Rank

Tort Costs per Household ($)

Rank

Montana

2.64%

6

$3,114

22

Nebraska

1.44%

48

$2,504

41

Nevada

2.48%

12

$3,757

12

New Hampshire

1.35%

50

$2,190

48

New Jersey

2.68%

4

$5,059

4

New Mexico

2.79%

3

$3,462

16

New York

2.33%

16

$5,408

2

North Carolina

1.52%

44

$2,227

46

North Dakota

1.47%

47

$2,516

40

Ohio

1.58%

42

$2,267

45

Oklahoma

2.12%

26

$2,671

35

Oregon

2.07%

28

$3,075

23

Pennsylvania

2.19%

19

$3,316

18

Rhode Island

2.53%

11

$3,695

14

South Carolina

2.55%

10

$3,181

20

South Dakota

1.32%

51

$2,086

49

Tennessee

1.96%

31

$2,750

32

Texas

2.18%

20

$3,904

11

Utah

1.90%

32

$3,742

13

Vermont

2.17%

21

$2,759

31

Virginia

1.59%

41

$2,737

33

Washington

1.52%

44

$3,169

21

West Virginia

2.13%

23

$2,204

47

Wisconsin

1.63%

38

$2,321

43

Wyoming

1.63%

38

$2,542

39

Sourced from the U.S. Chamber Institute for Legal Reform “Tort Costs in America” 2022 Report

Georgia ranks 9th nationally in terms of tort costs as a share of the state’s GDP which is impacting the state’s ability to grow economically. 145


Economic Competitiveness

Table 54

2023 Average Annual Cost of Auto Insurance by State and Coverage Georgia ranks 38th nationally when examining the annual cost of minimum coverage for car insurance. Many southern states are more affordable than Georgia. The prevalence of lawsuit abuse throughout Georgia is driving up costs for citizens above the national average and many other competitor states. State

Full Coverage

Minimum Coverage

Rank

United States Avg.

$2,118

$591

-

Alabama

$1,809

$526

25

Alaska

$2,323

$414

14

Arizona

$1,696

$543

29

Arkansas

$2,061

$581

32

California

$2,462

$764

40

Colorado

$2,489

$516

24

Connecticut

$1,730

$846

43

Delaware

$2,462

$936

46

District of Columbia

-

-

-

Florida

$4,326

$1,286

49

Georgia

$2,181

$720

38

Hawaii

$1,633

$376

8

Idaho

$1,021

$341

5

Illinois

$2,345

$533

26

Indiana

$1,454

$408

12

Iowa

$1,238

$275

1

Kansas

$1,693

$490

21

Kentucky

$1,979

$764

41

Louisiana

$3,629

$930

45

Maine

$1,216

$396

10

Maryland

$3,349

$855

44

Massachusetts

$2,333

$535

27

Michigan

$2,995

$1,450

50

Minnesota

$2,360

$576

31

Mississippi

$1,704

$538

28 continued →

146


2023 Average Annual Cost of Auto Insurance by State and Coverage

State

Full Coverage

Minimum Coverage

Rank

Missouri

$2,323

$599

34

Montana

$1,770

$396

11

Nebraska

$1,538

$445

16

Nevada

$3,342

$810

42

New Hampshire

$1,411

$478

20

New Jersey

$2,240

$1,119

48

New Mexico

$2,104

$413

13

New York

$4,769

$1,016

47

North Carolina

$1,307

$455

17

North Dakota

$1,319

$351

7

Ohio

$1,112

$345

6

Oklahoma

$2,291

$456

18

Oregon

$1,459

$682

36

Pennsylvania

$3,600

$506

23

Rhode Island

$2,715

$682

37

South Carolina

$2,387

$755

39

South Dakota

$1,821

$301

4

Tennessee

$1,720

$428

15

Texas

$2,938

$650

35

Utah

$1,955

$556

30

Vermont

$1,037

$278

2

Virginia

$1,486

$584

33

Washington

$1,829

$504

22

West Virginia

$1,688

$477

19

Wisconsin

$1,905

$393

9

Wyoming

$1,341

$295

3

Georgia Chamber Foundation

Sourced from Forbes Business

147


Economic Competitiveness

Table 55

2022 Manufacturing Industry by State Manufacturing is one of the state’s largest industries contributing over $73 million to the state’s economy. Georgia ranks 9th nationally for productivity indicating it is highly efficient, making the state more competitive.

State

Manufacturing GDP (millions of current $)

Productivity* (measured in $)

Rank

United States

$2,649,697.00

-

-

Alabama

$43,861.30

$1,762.91

17

Alaska

$1,662.00

$65.28

50

Arizona

$39,416.70

$1,187.61

25

Arkansas

$24,084.70

$1,109.38

28

California

$397,046.70

$10,454.10

1

Colorado

$28,393.90

$859.38

32

Connecticut

$37,656.10

$1,091.16

29

Delaware

$6,311.60

$218.77

42

District of Columbia

$356.80

$11.36

-

Florida

$71,452.30

$2,526.60

12

Georgia

$73,043.80

$2,881.41

9

Hawaii

$1,710.30

$71.06

49

Idaho

$10,726.70

$442.52

36

Illinois

$126,245.40

$4,415.72

5

Indiana

$121,900.70

$4,529.94

4

Iowa

$39,288.90

$1,480.37

23

Kansas

$31,270.30

$1,157.30

26

Kentucky

$41,785.90

$1,614.60

21

Louisiana

$51,831.80

$1,711.19

19

Maine

$7,977.00

$291.45

40

Maryland

$25,564.70

$704.84

34

Massachusetts

$56,751.80

$1,563.84

22

Michigan

$101,963.30

$3,663.79

8

Minnesota

$53,657.80

$1,759.27

18

Mississippi

$21,046.80

$930.04

31

Missouri

$45,286.60

$1,687.28

20

Montana

$4,018.70

$156.80

46 continued →

148


2022 Manufacturing Industry by State

Georgia Chamber Foundation

State

Manufacturing GDP (millions of current $)

Productivity* (measured in $)

Rank

Nebrasksa

$18,992.90

$776.17

33

Nevada

$9,985.00

$375.94

37

New Hampshire

$10,071.00

$301.89

39

New Jersey

$62,891.20

$1,973.37

14

New Mexico

$4,264.90

$159.85

45

New York

$80,724.10

$2,645.82

10

North Carolina

$98,464.90

$3,782.75

6

North Dakota

$5,011.00

$185.11

44

Ohio

$125,611.90

$4,701.04

3

Oklahoma

$18,649.10

$688.16

35

Oregon

$36,757.60

$1,152.64

27

Pennsylvania

$103,818.60

$3,738.52

7

Rhode Island

$5,766.10

$189.24

43

South Carolina

$39,090.50

$1,469.57

24

South Dakota

$5,192.80

$223.25

41

Tennessee

$65,819.60

$2,581.16

11

Texas

$268,988.40

$9,023.43

2

Utah

$28,424.00

$1,032.85

30

Vermont

$3,474.40

$127.59

48

Virginia

$49,732.00

$1,823.69

16

Washington

$64,955.40

$1,893.19

15

West Virginia

$8,652.30

$333.04

38

Wisconsin

$65,722.90

$2,426.09

13

Wyoming

$4,321.60

$138.82

47

*Measured as GDP per average hourly wage Value Added data sourced from the Bureau of Economic Analysis, and wage data sourced from the Bureau of Labor Statistics

149


2024 Redbook

Rural Insights

Rural Insights

This section will highlight key statistics related to demographics and workforce, but through a rural lens, featuring the significant influence and importance Rural Georgia has on the entire state.

150


Georgia Chamber Foundation

POPULATION TRENDS • From 2010 to 2020, Rural Georgia’s population, on average, grew by 6.17%. This growth is due in part to new economic development announcements. •B y 2050, Rural Georgia’s population is projected to grow by 20%. This demonstrates growth will continue in Rural Georgia; however, it will not be spread equally among communities, and some will experience population declines.

KEY ECONOMIC DRIVERS

WORKFORCE TRENDS • By 2050 Rural Georgia counties, on average, are projected to experience job growth of 45%. The average Georgia county is expected to experience job growth of 46%. • Labor Force Participation Rate: 57.5%. This is below the state’s rate of 61.6% proving there is a more pressing need to increase participation in the workforce in rural communities.

ACTIONABLE INSIGHTS

•R ural Georgia accounts for 54% of total lane miles on Georgia roads and nearly one-fourth of personal vehicle miles traveled in Georgia are on rural roadways.

• Rural populations aged 30 to 64 are projected to continue to decline until leveling and beginning to recover near 2035. This coupled with a lower labor force participation rate means creative, innovative solutions and support will be needed to drive adults to the workforce. • This might include wrap around services for healthcare and employment as well as childcare and transportation assistance.

•S mall businesses represent over 45% of total sales in the rural economy. • Furthermore, there are nearly ¼ of Georgia counties where small businesses represent 50% or more of their total consumer spending and all of those are rural. This proves small businesses are the backbone of the Rural economy.

• I ndividuals over 65 years old are the fastest growing population in the state, but the increased growth translates to a more significant impact in rural communities where the growth is higher. This means it is vital to ensure services older Georgians will need, including those related to healthcare and aging, have the capacity for growth.

• The senior population in Rural Georgia grew at nearly 20% in 2020 compared to 15% across the state and is projected to grow 2-3 percentage points higher by 2040.

• Small businesses are integral to the rural economy but need additional assistance to grow and scale. Partnerships and resources to increase social, human, and financial capital will be invaluable in driving the rural economy forward. 151


2024 Redbook

Hub Insights

Hub Insights

This section will highlight our Hub communities, including key insights on the issues of workforce, infrastructure, and defense installations and their economic impact.

152


Georgia Chamber Foundation

POPULATION TRENDS

WORKFORCE TRENDS

• From 2010 to 2020, Hub communities’ population, on average, grew by 6.9%. This is below the state average of 10.28%.

• By 2050, Hub counties, on average, are projected to experience job growth of 30%. The average Georgia county is expected to experience job growth of 46%.

•H ub regions are expected to experience an 18.53% increase in population by 2050.

•L abor Force Participation Rate: 57.0%. This is below the state’s rate of 61.6% proving there is a more pressing need to increase participation in the workforce in Hub communities.

KEY ECONOMIC DRIVERS • Georgia’s Hub communities are home to 9 of Georgia’s 11 defense installations. These installations contribute an estimated $22 billion annually to the Georgia economy. • The Port of Savannah is the largest single container terminal in North America and the Port of Brunswick is one of the fastest growing auto ports in North America. •H ub communities also house the three largest hospitals outside of Metro Atlanta. • Small businesses generate nearly 38% of sales in Hub communities.

ACTIONABLE INSIGHTS • Hub communities are experiencing greater growth than the Rural economy, however lagging Metro Atlanta. Strategic investments are needed to propel growth in our hub communities which serve as job centers across the state. • I nvestments in freight and logistics infrastructure will aid in growth of the Hub economy as these communities serve as critical connectors in moving goods throughout the state. •G eorgia’s defense installations are significant economic drivers and bring skilled talent into the state. Solutions to better aid the transition of military families and veterans from a workforce perspective are important to keep Georgia competitive in maintaining our bases and the talent already here.

153


2024 Redbook

Metro Atlanta Insights

Metro Atlanta Insights

This section will feature the most significant opportunities to continue to drive growth and opportunity in Metro Atlanta with a specific focus on innovation, housing, and infrastructure.

154


Georgia Chamber Foundation

POPULATION TRENDS • From 2010 to 2020, Metro Atlanta’s population, on average, grew by 15.13%, the highest growth of any community type and above the state average. • The Metro Atlanta Area population is expected to increase by 31.38% by 2050.

KEY ECONOMIC DRIVERS • Metro Atlanta was ranked in the top quartile of the Technology Workforce Diversity Index by CompTIA and ranks in the top ten Metro for its net tech employment in 2023. The region is an innovation hub and continues to grow existing companies and attract new ones due to our strong, diverse talent base. •H artsfield Jackson International Airport continues to be the “World’s Busiest Airport”. Atlanta continues to play a major role in the state’s infrastructure and logistics network. •W hile Atlanta has experienced the highest growth in housing units over the last two years, a deficit remains creating access and affordability challenges to homeownership.

WORKFORCE TRENDS • By 2050, Metro Atlanta counties, on average, are projected to experience job growth of 53%. The average Georgia county is expected to experience job growth of 46%. •L abor Force Participation Rate: 66.4%. This is above the state’s rate of 61.6% indicating this is a strength compared to other parts of the state.

ACTIONABLE INSIGHTS • Metro Atlanta continues to lead the state in terms of job growth and population growth, proving the region is integral to the state’s overall success. While this growth brings significant opportunity, challenges also occur because there is so much growth concentrated in a smaller geographic region. Effective management of job and population growth is required to avoid mismatches and capitalize on opportunity. • I nvestments in freight and logistics infrastructure are important for the entire state, but especially in Metro Atlanta due to existing bottlenecks. Investments in infrastructure will be integral to keep freight moving efficiently throughout the state.

Source: https://www.cyberstates.org/pdf/CompTIA_State_of_the_tech_workforce_2023.pdf 155


Economic Competitiveness

156

Table #


POWER Table Title

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Georgia Chamber Foundation

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Monticello Moultrie Newnan Norcross Oxford Palmetto Quitman Sandersville Sylvania Sylvester Thomaston Thomasville Washington West Point Whigham

157 www.meagpower.org


Georgia Chamber Foundation

GACHAMBER.COM/REDBOOK 158


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