Economy, jobs and prices in Georgia, United States: official figures
The economy of Georgia (gross domestic product) was worth $936.1 billion in 2025 at current prices, 3.0% of the US total of $30.86 trillion; 8th largest of 51. In current dollars it was up 5.8% on 2024.
How fast is the economy of Georgia growing?
After adjusting for inflation, real GDP in Georgia grew 2.9% in 2025, against 2.3% for the United States; 8th fastest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the GDP per capita of Georgia?
Dividing 2025 GDP by the Census Bureau's population estimate gives $82,819 of output per resident, against $90,294 for the US economy divided by the population of the 50 states and DC; 25th highest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs the economy of Georgia growing or shrinking?
In the second quarter of 2026, real GDP in Georgia grew at an annual rate of 3.1% (United States: 2.2%); 6th fastest-growing of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat are the main industries in Georgia?
In 2025 the largest private industry in Georgia's economy was real estate, rental and leasing (14.1% of GDP), followed by finance and insurance (9.8%) and manufacturing (9.4%). Government accounted for 9.8%; the manufacturing share was 24th highest of 51 (United States: 9.5%).
Source: U.S. Bureau of Economic Analysis · saved copyHow much do people in Georgia spend?
Consumer spending (personal consumption expenditures) in Georgia came to $55,158 per person in 2025 (United States: $61,062); 16th lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyIs Georgia expensive to live in?
Prices in Georgia were 3.7% below the national average in 2024, by BEA's regional price parity of 96.3 (US = 100), which covers goods, services and housing; 25th least expensive of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the inflation rate in Georgia?
Prices in Georgia rose 2.4% in 2024, measured by BEA's implicit regional price deflator, against 2.6% nationally (PCE price index).
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the per capita income in Georgia?
Personal income per person in Georgia was $65,111 in 2025, against $77,028 for the United States; 10th lowest of 51. It was up 3.9% on 2024 and up 26.4% on 2020, before inflation.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the disposable income per person in Georgia?
After taxes, disposable personal income per person was $57,469 in 2025 (United States: $67,251); 9th lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyHow far does income go in Georgia?
Adjusted for local price levels, real personal income per person in Georgia was $52,952 in 2024 in 2017 dollars (United States: $59,195); 10th lowest of 51.
Source: U.S. Bureau of Economic Analysis · saved copyWhat is the median household income in Georgia?
Median household income in Georgia was $79,991 in 2024 (margin of error ±$633), against $81,604 for the United States; 24th highest of 51 by the point estimate. It was up 4.1% on 2023 after adjusting for inflation (American Community Survey).
Source: U.S. Census Bureau · saved copyHow unequal are incomes in Georgia?
The Gini index of household income inequality in Georgia was 0.473 in 2024 (0 means equal incomes, 1 means one household has everything; United States: 0.481); tied for 15th most unequal of 51.
Source: U.S. Census Bureau · saved copyWhat is the unemployment rate in Georgia?
The unemployment rate in Georgia was 3.3% in September 2026 (seasonally adjusted, preliminary), down from 3.4% a year earlier; tied for 11th lowest of 51. The rate for the 50 states and DC combined was 4.2%.
Source: U.S. Bureau of Labor Statistics · saved copyHow many people are unemployed in Georgia?
In September 2026, 178,884 people in Georgia were unemployed and 5,325,131 employed, out of a labor force of 5,504,015.
Source: U.S. Bureau of Labor Statistics · saved copyWhat was the unemployment rate in Georgia in 2025?
Over 2025 the unemployment rate in Georgia averaged 3.4% (an 11-month average: October 2025 was not collected during the federal shutdown), against 3.4% in 2024; tied for 10th lowest of 51. The lowest annual rate since 1976 was 3.1% in 2022.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the average salary in Georgia?
Workers covered by unemployment insurance in Georgia were paid $73,032 on average in 2025 ($1,404 a week), up 3.4% on 2024; the US average was $78,720. That is 19th highest of 51.
Source: U.S. Bureau of Labor Statistics · saved copyHow many jobs are there in Georgia?
Employers in Georgia had an average of 4,890,150 jobs on their payrolls in 2025 across 395,028 establishments, up 0.6% on 2024 (United States: up 0.5%).
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median wage in Georgia?
The median annual wage across all occupations in Georgia was $48,170 in May 2025 (mean $65,920); 19th lowest of 51. One in ten workers earned less than $27,930 and one in ten more than $122,470.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the most common job in Georgia?
The most common occupation in Georgia in May 2025 was fast food and counter workers, with 145,030 workers and a median annual wage of $26,920.
Source: U.S. Bureau of Labor Statistics · saved copyWhat is the median household income in Georgia?
Median household income in Georgia was $79,912 in 2024, 25th highest among the 50 states and DC (U.S.: $81,604). In 2019 it was $61,950, so it has risen 29.0% before allowing for inflation.
Source: U.S. Census Bureau · saved copyWhat is the average rent in Georgia?
The median gross rent in Georgia, including utilities, was $1,506 a month in 2024, up 7.6% on 2023 ($1,400); 19th highest among the 50 states and DC (U.S.: $1,487).
Source: U.S. Census Bureau · saved copyWhat is the median home value in Georgia?
Homeowners in Georgia valued their homes at a median of $343,300 in 2024, up 6.3% on 2023 ($323,000); 25th highest among the 50 states and DC (U.S.: $360,600).
Source: U.S. Census Bureau · saved copyHow affordable are homes in Georgia?
The median home value in Georgia was 4.3 times the median household income in 2024 ($343,300 against $79,912); 23rd highest ratio among the 50 states and DC (U.S.: 4.4).
Source: U.S. Census Bureau · saved copyIs rent affordable in Georgia?
A household on the median income in Georgia would spend 22.6% of its income on the median rent of $1,506 a month in 2024 (U.S.: 21.9%).
Source: U.S. Census Bureau · saved copyHow Georgia compares with other states
Gross domestic product, 2025 (current dollars) (2025)
Georgia ranks 8 of 51, highest first.
| Rank | Region | Gross domestic product, 2025 (current dollars) |
|---|---|---|
| 5 | Illinois | $1.24 trillion |
| 6 | Pennsylvania | $1.06 trillion |
| 7 | Ohio | $976.9 billion |
| 8 | Georgia | $936.1 billion |
| 9 | North Carolina | $895.9 billion |
| 10 | Washington | $892.3 billion |
| 11 | New Jersey | $887.8 billion |
GDP per resident, 2025 (BEA GDP / Census population) (2025)
Georgia ranks 25 of 51, highest first.
| Rank | Region | GDP per resident, 2025 (BEA GDP / Census population) |
|---|---|---|
| 22 | Hawaii | $85,959 |
| 23 | Nevada | $85,728 |
| 24 | Iowa | $83,973 |
| 25 | Georgia | $82,819 |
| 26 | Ohio | $82,087 |
| 27 | Pennsylvania | $80,898 |
| 28 | Oregon | $80,317 |
Real GDP growth, 2025 (2025)
Georgia ranks 8 of 51, highest first.
| Rank | Region | Real GDP growth, 2025 |
|---|---|---|
| 5 | Washington | 3.2% |
| 6 | Idaho | 3.1% |
| 7 | Kentucky | 3.0% |
| 8 | Georgia | 2.9% |
| 9 | Texas | 2.8% |
| 10 | West Virginia | 2.8% |
| 11 | Florida | 2.8% |
Real GDP growth, 2026:Q2 (annual rate) (2026:Q2)
Georgia ranks 6 of 51, highest first.
| Rank | Region | Real GDP growth, 2026:Q2 (annual rate) |
|---|---|---|
| 3 | Delaware | 3.5% |
| 4 | Minnesota | 3.4% |
| 5 | Utah | 3.4% |
| 6 | Georgia | 3.1% |
| 7 | Florida | 3.0% |
| 8 | Connecticut | 3.0% |
| 9 | North Carolina | 2.9% |
Personal income per person, 2025 (2025)
Georgia ranks 42 of 51, highest first.
| Rank | Region | Personal income per person, 2025 |
|---|---|---|
| 39 | Michigan | $67,245 |
| 40 | Indiana | $66,455 |
| 41 | Oklahoma | $66,055 |
| 42 | Georgia | $65,111 |
| 43 | Idaho | $64,200 |
| 44 | Louisiana | $64,103 |
| 45 | South Carolina | $63,435 |
Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) (2024)
Georgia ranks 42 of 51, highest first.
| Rank | Region | Real personal income per person, 2024 (adjusted for local prices, 2017 dollars) |
|---|---|---|
| 39 | Delaware | $55,185 |
| 40 | Utah | $55,116 |
| 41 | Michigan | $53,569 |
| 42 | Georgia | $52,952 |
| 43 | Arizona | $52,890 |
| 44 | Idaho | $52,816 |
| 45 | South Carolina | $52,463 |
Median household income, 2024 (ACS) (2024)
Georgia ranks 24 of 51, highest first.
| Rank | Region | Median household income, 2024 (ACS) |
|---|---|---|
| 21 | Arizona | $81,486 |
| 22 | Idaho | $81,166 |
| 23 | Nevada | $81,134 |
| 24 | Georgia | $79,991 |
| 25 | Texas | $79,721 |
| 26 | North Dakota | $77,871 |
| 27 | Florida | $77,735 |
Regional price parity, 2024 (US = 100) (2024)
Georgia ranks 27 of 51, highest first.
| Rank | Region | Regional price parity, 2024 (US = 100) |
|---|---|---|
| 24 | Pennsylvania | 97.6 |
| 25 | Texas | 97.1 |
| 26 | Maine | 97.0 |
| 27 | Georgia | 96.3 |
| 28 | Michigan | 96.2 |
| 29 | Idaho | 95.5 |
| 30 | Montana | 94.6 |
Unemployment rate, September 2026 (seasonally adjusted) (September 2026)
Georgia ranks 39 of 51, highest first.
| Rank | Region | Unemployment rate, September 2026 (seasonally adjusted) |
|---|---|---|
| 36 | North Carolina | 3.4% |
| 37 | Tennessee | 3.4% |
| 38 | Indiana | 3.4% |
| 39 | Georgia | 3.3% |
| 40 | Mississippi | 3.3% |
| 41 | Maine | 3.3% |
| 42 | Wisconsin | 3.2% |
Unemployment rate, 2025 annual average (2025)
Georgia ranks 38 of 51, highest first.
| Rank | Region | Unemployment rate, 2025 annual average |
|---|---|---|
| 35 | Utah | 3.6% |
| 36 | Tennessee | 3.5% |
| 37 | Iowa | 3.5% |
| 38 | Georgia | 3.4% |
| 39 | Virginia | 3.4% |
| 40 | Oklahoma | 3.4% |
| 41 | Maine | 3.4% |
Labor force participation rate, September 2026 (September 2026)
Georgia ranks 35 of 51, highest first.
| Rank | Region | Labor force participation rate, September 2026 |
|---|---|---|
| 32 | New York | 61.3% |
| 33 | Hawaii | 61.3% |
| 34 | Ohio | 61.2% |
| 35 | Georgia | 61.1% |
| 36 | Wyoming | 60.2% |
| 37 | Arizona | 59.7% |
| 38 | Tennessee | 59.3% |
Average annual pay, 2025 (QCEW) (2025)
Georgia ranks 19 of 51, highest first.
| Rank | Region | Average annual pay, 2025 (QCEW) |
|---|---|---|
| 16 | Alaska | $75,391 |
| 17 | Pennsylvania | $74,308 |
| 18 | Oregon | $73,706 |
| 19 | Georgia | $73,032 |
| 20 | Arizona | $72,894 |
| 21 | Florida | $72,772 |
| 22 | North Carolina | $71,533 |
Median annual wage, all occupations, May 2025 (OEWS) (May 2025)
Georgia ranks 33 of 51, highest first.
| Rank | Region | Median annual wage, all occupations, May 2025 (OEWS) |
|---|---|---|
| 30 | Montana | $48,740 |
| 31 | Texas | $48,620 |
| 32 | Iowa | $48,540 |
| 33 | Georgia | $48,170 |
| 34 | Kansas | $48,010 |
| 35 | North Carolina | $47,970 |
| 36 | Idaho | $47,970 |
Median household income (2024)
Georgia ranks 25 of 51, highest first. Census Bureau SAIPE model estimates
| Rank | Region | Median household income |
|---|---|---|
| 22 | Nevada | $81,129 |
| 23 | Idaho | $80,852 |
| 24 | North Dakota | $80,132 |
| 25 | Georgia | $79,912 |
| 26 | Texas | $79,723 |
| 27 | Florida | $77,687 |
| 28 | Wisconsin | $77,557 |
Median gross rent (monthly) (2024)
Georgia ranks 19 of 51, highest first. Renter-occupied units paying cash rent
| Rank | Region | Median gross rent (monthly) |
|---|---|---|
| 16 | New Hampshire | $1,558 |
| 17 | Connecticut | $1,550 |
| 18 | Delaware | $1,530 |
| 19 | Georgia | $1,506 |
| 20 | Texas | $1,475 |
| 21 | Alaska | $1,444 |
| 22 | Rhode Island | $1,418 |
Median value of owner-occupied homes (2024)
Georgia ranks 25 of 51, highest first. Owner-reported value
| Rank | Region | Median value of owner-occupied homes |
|---|---|---|
| 22 | Delaware | $371,600 |
| 23 | Vermont | $352,800 |
| 24 | Minnesota | $344,600 |
| 25 | Georgia | $343,300 |
| 26 | Maine | $341,900 |
| 27 | Wyoming | $339,500 |
| 28 | North Carolina | $333,000 |
More on Georgia: overview · health · education and schools · poverty and living standards · government budget · the United States
Sources
- U.S. Census Bureau: Household Income in States and Metropolitan Areas: 2024 (ACSBR-025), Appendix Table 1: median household income and Gini index by state, 2023 and 2024 American Community Survey, read 23 October 2026 · saved copy (SHA-256 5de1b0d5ec46…)
- U.S. Bureau of Economic Analysis: SASUMMARY: State annual summary statistics: personal income, GDP, consumer spending, price indexes, and employment (updated 30 September 2026), read 23 October 2026 · saved copy (SHA-256 a3757d207c05…)
- U.S. Bureau of Economic Analysis: SAGDP: Annual GDP by state, 1997-2025 (table SAGDP2, GDP in current dollars by industry), read 23 October 2026 · saved copy (SHA-256 3d3c5bc7bd24…)
- U.S. Bureau of Economic Analysis: SQGDP: Quarterly GDP by state, 2005-2026 Q2 (table SQGDP11, percent change in real GDP at annual rate), read 23 October 2026 · saved copy (SHA-256 1649260cdceb…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, monthly, seasonally adjusted, read 23 October 2026 · saved copy (SHA-256 7bb6f18d4145…)
- U.S. Bureau of Labor Statistics: Local Area Unemployment Statistics: employment status of the civilian noninstitutional population, states, annual averages 1976-2025, read 23 October 2026 · saved copy (SHA-256 262aba7d00df…)
- U.S. Bureau of Labor Statistics: Occupational Employment and Wage Statistics, May 2025 state estimates (state_M2025_dl.xlsx), read 23 October 2026 · saved copy (SHA-256 74d5be0e1df8…)
- U.S. Bureau of Labor Statistics: Quarterly Census of Employment and Wages, 2025 annual averages, all industries (open data CSV slice), read 23 October 2026 · saved copy (SHA-256 5a5f89142aae…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median gross rent (B25064), read 23 October 2026 · saved copy (SHA-256 8624f9775add…)
- U.S. Census Bureau: American Community Survey 2024 1-year estimates, table-based summary file: Median value of owner-occupied homes (B25077), read 23 October 2026 · saved copy (SHA-256 27120d5d8a5f…)
- U.S. Census Bureau: Small Area Income and Poverty Estimates (SAIPE): 2024 poverty and median household income, states and counties, read 23 October 2026 · saved copy (SHA-256 cb52c47d75c1…)
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