Atlanta is a large city located in the state of Georgia. With a population of 432,427 people and 175 constituent neighborhoods, Atlanta is the largest community in Georgia.
Atlanta real estate is some of the most expensive in Georgia, although Atlanta house values don't compare to the most expensive real estate in the U.S.
Unlike some cities, Atlanta isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Atlanta are a mix of both white- and blue-collar jobs. Overall, Atlanta is a city of professionals, sales and office workers and managers. There are especially a lot of people living in Atlanta who work in sales jobs (12.60%), office and administrative support (11.78%) and management occupations (11.45%).
Also of interest is that Atlanta has more people living here who work in computers and math than 95% of the places in the US.
Atlanta is one of the most attractive larger cities for people who are young, single, educated, and upwardly-mobile career starters. This makes it a good place to live for young singles in their 20s and 30s and who have undergraduate or graduate degrees and are starting their professional careers. Although Atlanta is a large city, this demographic is significant enough that young professionals will find many others like themselves here, with really good opportunities for friendships, recreation, romance, and more.
One of the benefits of being a big city like Atlanta is having a public transportation system, but in Atlanta the transit system is the mode of choice for lots of people getting to and from work every day. You will find many people using the bus for their daily commute, even though other transportation options exist. If you ask these commuters, many will tell you that not having to drive in the snarl of big city traffic is one of main reasons for leaving the car at home, or even not owning a car at all. With so many people taking the bus Atlanta benefits from a reduction in air pollution and traffic.
Atlanta Information and Demographics
Atlanta is one of the most well-educated cities in the nation. 44.95% of adults in Atlanta have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Atlanta in 2010 was $35,453, which is wealthy relative to Georgia and the nation. This equates to an annual income of $141,812 for a family of four. However, Atlanta contains both very wealthy and poor people as well.
Atlanta is an extremely ethnically-diverse city. The people who call Atlanta home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Atlanta residents report their race to be Black or African-American, followed by White. Important ancestries of people in Atlanta include English, German, Irish and African.
The most common language spoken in Atlanta is English. Some people also speak Spanish.
Information by Department of Numbers, Bureau of Labor Statistics, U.S. Census Bureau and Locatoin Incorporated are deemed reliable but not guaranteed.
Days on Market
(foreclosures & short sales)
Information by realestate.com and altosresearch.com are deemed reliable but not guaranteed.
|Number of Homes
. (Recessions shownas gray bars.)
- Current Population Survey, CES
- Current Employment Statistics.
The rent-to-mortgage payment ratio uses the adjusted market rent against a 100% loan-to-value mortgage (30-year fixed) for the median price home using MLS sales statistics. A ratio of 1.0 means that annual rent is equivalent to annual mortgage payments. Values less than 1.0 indicate rents are cheaper, and values greater than 1.0 mean mortgage payments are cheaper. (Note: taxes are not considered here.)
The rent-to-mortgage payment ratio for Atlanta was 1.08 in December 2012.
Information by Department of Numbers, Bureau of Labor Statistics, U.S. Census Bureau deemed reliable but not guaranteed.