Here are 51 business stats about Georgia for 2025.
Basics:
Population: 11,029,227 (US Census 2020)
Population desnity per square mile: 185.60
GDP: $805,397 (millions USD)
GDP Per Capita: $73,558
Median household income (in 2022 dollars): $71,355
Real GDP Growth Rate: 0.80%
Total Employment: 5.1m
Unemployment Rate: 3.3%
Rankings
% Share of National Economy: 2.94%
State Economic Growth Rank (out of 50): 8
Population Growth Rank (out of 50): 11
Business Growth Rank (out of 50): 8
State Growth Rank in Employment (out of 50): 34
Biggest Industries In Georgia By Revenue
- Drug, Cosmetic & Toiletry Wholesaling: $57.9b
- Automobile Wholesaling: $44.8b
- Hospitals: $40.3b
- New Car Dealers: $36.5b
- Property, Casualty and Direct Insurance: $32.2b
- Life Insurance & Annuities: $30.7b
- Public Schools: $27.5b
- Commercial Banking: $26.8b
- Supermarkets & Grocery Stores: $26.2b
- Gas Stations with Convenience Stores: $26.1b
Biggest Employers In Georgia
- Georgia State Government: 71,000 (1.4%)
- Walmart: 64,559 (1.3%)
- Delta Air Lines: 42,300 (0.8%)
- Emory University: 37,716 (0.7%)
- Amazon.Com: 30,000 (0.6%)
- Kroger: 25,669 (0.5%)
- Home Depot, Inc.: 19,734 (0.4%)
- United States Postal Service: 19,225 (0.4%)
- Department Of Defense: 15,259 (0.3%)
- Gwinnett County School System: 12,500 (0.2%)
Small Businesses In Georgia
Number of Small Businesses 1,200,000
Percent of bossiness that are small businesses: 99.60%
Number of employees: 1,700,000
Share of Employment: 42.00%
Number of New Businesses In The Past Year: 46,568
Number of Businesses That Closed In The Past Year: 30,015
Net Change In New Businesses: 16,553
Number of Businesses With No Employees: 1,035,889
Number of Businesses with 1-19 Employees: 165,945
Number of Businesses with 20-499 Employees: 20,965
Share of Businesses Owned By Women: 46.40%
Share of Businesses Owned By Veterans: 7.50%
Share of Hispanic Owned Businesses: 9.10%
Share of Businesses Owned By Racial Minorities: 38.40%
Fortune 500 Companies In Georgia
Number of Fortune 500 Headquaters: 19
Biggest Company: Home Depot
Biggest Company Type: Specialty Retailers: Other
Number of Employees: 471,600
Revenue (in millions): $157,403
Taxes In Georgia
State Corporate Tax Rate: 5.75%
State Corporate Tax Rate Brackets: $0
State Sales Tax Rate: 4.00%
State Sales Tax Rank (out of 50): 40
Average Local Sales Tax Rate: 3.38%
Max Local Sales Tax Rate: 5.00%
Average Combined Sales Tax Rate: 7.38%
Combined Sales Tax Rank (out of 50): 19
Minimum State Income Tax Rate If You’re Single: 5.00%
Minimum State Income Tax Rate If You’re Married: 5.00%
General Georgia Population Facts
In civilian labor force, total, percent of population age 16 years+: 62.90%
In civilian labor force, female, percent of population age 16 years+: 58.80%
Share of population which is foreign born: 10.40%
Mean travel time to work (minutes), workers age 16 years+: 28.4
Housing
Number of Housing Units: 4,610,567
Owner-occupied housing unit rate: 65.00%
Median value of owner-occupied housing units: $245,900
Median gross rent per month: $1,221
Households with a computer: 94.10%
Households with a broadband Internet subscription: 87.80%
Education
High school graduate or higher, percent of persons age 25 years+: 88.70%
Bachelor’s degree or higher, percent of persons age 25 years+: 33.60%
Also See
- Georgia Registered Agent Services
- Georgia Secretary of State Business Search
- How To Form an LLC In Georgia
- Georgia Bookkeepers & Bookkeeping Services
Sources
- https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP
- https://en.wikipedia.org/wiki/Economy_of_Georgia
- https://www.ibisworld.com/united-states/economic-profiles/georgia/
- https://taxfoundation.org/data/all/state/2024-sales-taxes/
- https://taxfoundation.org/data/all/state/state-corporate-income-tax-rates-brackets-2024/
- https://taxfoundation.org/data/all/state/state-income-tax-rates-2024/
- https://advocacy.sba.gov/2023/11/14/2023-small-business-profiles-for-the-states-territories-and-nation/
- https://advocacy.sba.gov/wp-content/uploads/2023/11/2023-Small-Business-Economic-Profile-GA.pdf
- https://www.bls.gov/eag/
- https://www.bls.gov/regions/southeast/georgia.htm#eag
- https://www.census.gov/quickfacts/fact/table/GA,US/PST045223
- https://www.50pros.com/fortune500
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