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demographics

Demographics

Demographics reveal that there’s much more to Georgians than their warm and welcoming hospitality. Georgia’s profile is a picture of:

  • Education. The percentage of Georgians earning high school diplomas, college degrees and advanced degrees has soared over the past 20 years. Today, nearly 28 percent of adults have at least a bachelor’s degree, and one in 10 has a master’s degree or higher.
  • Entrepreneurship. Entrepreneurship. Georgia is where people start businesses. The state ranks #2 for states experiencing the largest increases in entrepreneurial activity rates over the past decade; according to a 2012 study by the Kauffman Foundation. The state’s low job churn – the ratio of start-ups and business failures to the total number of companies – earns Georgia a no. 4 national ranking and reinforces Georgians’ enterprising reputation.
  • Diversity. Beyond having one of the nation’s most diverse population profiles, Georgia has richly varied business ownership. The percentage of firms owned by African Americans (20.4%) is triple the national percentage, and the ratio of women-owned firms (30.9%) exceeds the national percentage as well.
  • Ingenuity. Creative organizations collectively comprise the fifth-largest industry sector in Georgia. Commercialization of Georgia Research Alliance (GRA)-related research has brought the launch of more than 300 companies since the 1990s. And the Advanced Technology Development Center (ATDC) at Georgia Tech has graduated more than 130 companies and raised more than $1 billion in outside finances.

 

Thanks in part to organizations like the GRA and the ATDC, scientists at the state’s research universities are prolific inventors, and technology start-ups acquire sound business foundations.

Georgia remains one of the fastest-growing states in the U.S. - its 10-year growth rate of 18.3 percent was nearly double that of the U.S. population growth rate. The state will add more people in the years to come: population projections forecast a 46 percent increase in Georgia’s population from 2010 to 2030.

GEORGIA PROGRESS IN EDUCATION, 1990 – 2011
Percentage of citizens with minimum high school diploma, 4-year degree

 1990  HS grad or more – 70.9  4-year degree or more – 19.3
 2000  HS grad or more – 78.6  4-year degree or more – 24.3
 2011  HS grad or more – 84.3  4-year degree or more – 27.6

Source: U.S. Census Bureau

Contact GDEcD

To get help expanding or relocating a business in Georgia, contact the Georgia Department of Economic Development or call 404.962.4000.

More About Georgia Benefits

Georgia’s industry-specific Project Analysts are available to help you with a wide range of business needs:
  • Site and building services
  • Location data
  • Community contacts and facilitation
  • Cost environment analysis
  • Coordination with state agencies

Fortune Favors the Peach