Watch this quick video exploring the state of Atlanta construction. Learn how the Atlanta metro maintained its position as a top growth market and is set to remain that way into the future.
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The population of the Atlanta metropolitan area reached 5.9 million people in 2018, making Atlanta the nations’ 9th largest metro area. That’s a one-year population change of over 75,000 people, keeping this metro area a top growth market for the foreseeable future.
Employment rose by 58,500 from 2017 to 2018, and unemployment continues to drop, averaging 3.8% in 2018. With a diverse industry base and large number of tech jobs, employers are attracted to Atlanta’s business-friendly environment and deep talent pool.
Great, sounds like there are no downsides! Oh, wait…all that growth has outpaced infrastructure growth and all those jobs have pushed up housing prices…but hey, these are just common problems of being successful!
And what about Atlanta construction you ask? Well, in 2018, total Atlanta construction starts hit $15.5 billion, making the Atlanta metro the 8th largest in the nation. In fact, in terms of residential construction, the metro area ranked #4 in the country with $8.8 billion in starts.
So, are you looking for plenty of employment opportunities in a fast-growing, business-friendly environment? Want plenty of culture in a warm climate and don’t mind spending a bit of time in the car catching up on your favorite podcasts? We’ll see you in Atlanta.