Georgia

USA
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Overview

Georgia is a state in the southeastern United States. It began as a British colony in 1733, the last of the original Thirteen Colonies.[5] Named after King George II of Great Britain,[6] the Province of Georgia covered the area from South Carolina down to Spanish Florida and New France along Louisiana (New France), also bordering to the west towards the Mississippi River. Georgia was the fourth state to ratify the United States Constitution, on January 2, 1788.[7] In 1802-1804, western Georgia was split to the Mississippi Territory, which later split to form Alabama with part of former West Florida in 1819. Georgia declared its secession from the Union on January 19, 1861, and was one of the original seven Confederate states.[7] It was the last state to be restored to the Union, on July 15, 1870.[7] Georgia is the 24th largest and the 8th most populous of the 50 United States. From 2007 to 2008, 14 of Georgia's counties ranked among the nation's 100 fastest-growing, second only to Texas.[8] Georgia is known as the Peach State and the Empire State of the South.[7] Atlanta is the state's capital, its most populous city, and has been named a global city.

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EDO Spotlight

Regional Marketplace Georgia (Coming Soon)
EDO Website Georgia Department of Economic Development
SelectUSA Contact Fred Johnson

Companies

Projects

Incentives

Georgia Quick Start Job Training

Provides training space, instructors and all needed materials for new employees in skill-based jobs at no cost to qualifying companies.

Film, Television, and Digital Entertainment Credit Tax Credits

Film and television companies may receive a tax credit of up to 30 percent of money spent on production and post-production in Georgia, either in a single production or on multiple projects. Minimum spending amount is $500,000.

Work Opportunity Credits Tax Credits

Georgia’s Department of Labor administers a federal tax credit to Georgia companies that hire individuals who have faced barriers to employment. The tax credit ranges from $1,200 to $9,000 per hire.

Retraining Credit Tax Credits

Georgia businesses may offset their investment in retraining employees to use new equipment or learn new skills through a retraining tax credit. The credit equals 50 percent of direct training expenses, up to $500 credit per full-time employee, per training program.

Port Tax Credit Bonus Tax Credits

Georgia companies that increase imports or exports through a Georgia port by at least 10 percent can qualify for a bonus tax credit. Two options are offered: an addition of $1,250 to the job tax credit or an adjustment in the investment tax credit.

Research and Development Tax Credit Tax Credits

Companies that increase qualified research spending may qualify for an R&D tax credit equal to a portion of that spending increase.

Investment Tax Credit Tax Credits

Companies in manufacturing or telecommunications support that have operated in Georgia for at least three years are eligible to earn investment tax credits for upgrades or expansions. Credit earned amounts to 1 percent to 8 percent of qualified capital investments of $50,000 or more.

Mega Project Tax Credit Tax Credits

Businesses that employ at least 1,800 “net new” employees and have either a minimum annual payroll of $150 million or make a minimum $450 million investment in Georgia qualify for the mega project tax credit.

Quality Jobs Credit Tax Credits

Companies that create at least 50 jobs in a 12-month period – at wages that are at least 10 percent higher than the county average – qualify for a tax credit of $2,500 to $5,000 per job.

Job Tax Credit Tax Credits

Businesses in Georgia’s strategic industries can earn as much as $4,000 in annual tax savings for each new job created, for up to five years. The exact value of the job credits depends on two factors – how many jobs are created, and where.

Inventory Tax Exemption Tax Exemptions

Georgia businesses pay no state property taxes on inventory held in their factories and warehouses. In many Georgia counties, inventory is exempt from local property taxes as well.

Sales and Use Exemption Tax Exemptions

Machinery, equipment, and materials used in the manufacturing process are exempt from sales tax.

Relevant Links

10

fdi rank

217,500

fdi jobs

6.2%

of total private employment from fdi

1,060

global employers

27.9%

5 year growth in fdi employment

8.3%

5 year growth in private sector employment

FDI Employment by Industry

FDI Employment by Country

15,540,525,560

exports ($)

51,954,250,086

imports ($)

32

state-local tax burden rank

Census Data

Population
Population estimates, July 1, 2016, (V2016)10,310,371
Population estimates base, April 1, 2010, (V2016)9,688,680
Population, percent change - April 1, 2010 (estimates base) to July 1, 2016, (V2016)6.40
Population, Census, April 1, 20109,687,653
Age and Sex
Persons under 5 years, percent, April 1, 20107.10
Persons under 18 years, percent, April 1, 201025.70
Persons 65 years and over, percent, April 1, 201010.70
Female persons, percent, April 1, 201051.20
Race and Hispanic Origin
White alone, percent, April 1, 201059.70
Black or African American alone, percent, April 1, 201030.50
American Indian and Alaska Native alone, percent, April 1, 20100.30
Asian alone, percent, April 1, 20103.20
Native Hawaiian and Other Pacific Islander alone, percent, April 1, 20100.10
Two or More Races, percent, April 1, 20102.10
Hispanic or Latino, percent, April 1, 2010 (b)8.80
White alone, not Hispanic or Latino, percent, April 1, 201055.90
Population Characteristics
Veterans, 2011-2015670,617
Foreign born persons, percent, 2011-20159.80
Housing
Housing units, April 1, 20104,088,801
Owner-occupied housing unit rate, 2011-201563.30
Median value of owner-occupied housing units, 2011-2015148,100
Median selected monthly owner costs -with a mortgage, 2011-20151,346
Median selected monthly owner costs -without a mortgage, 2011-2015392
Median gross rent, 2011-2015879
Families and Living Arrangements
Households, 2011-20153,574,362
Persons per household, 2011-2015273.00
Living in same house 1 year ago, percent of persons age 1 year+, 2011-201584.00
Language other than English spoken at home, percent of persons age 5 years+, 2011-201513.60
Education
High school graduate or higher, percent of persons age 25 years+, 2011-201585.40
Bachelor's degree or higher, percent of persons age 25 years+, 2011-201528.80
Health
With a disability, under age 65 years, percent, 2011-20158.80
Persons without health insurance, under age 65 years, percent15.70
Economy
In civilian labor force, total, percent of population age 16 years+, 2011-201562.30
In civilian labor force, female, percent of population age 16 years+, 2011-201557.90
Total accommodation and food services sales, 2012 ($1,000) (c)18,976,611
Total health care and social assistance receipts/revenue, 2012 ($1,000) (c)51,800,643
Total manufacturers shipments, 2012 ($1,000) (c)155,836,792
Total merchant wholesaler sales, 2012 ($1,000) (c)143,645,290
Total retail sales, 2012 ($1,000) (c)119,801,495
Total retail sales per capita, 2012 (c)12,077
Transportation
Mean travel time to work (minutes), workers age 16 years+, 2011-201527
Income and Poverty
Median household income (in 2015 dollars), 2011-201549,620
Per capita income in past 12 months (in 2015 dollars), 2011-201525,737
Persons in poverty, percent17.00
Businesses
All firms, 2012929,864
Men-owned firms, 2012480,578
Women-owned firms, 2012376,506
Minority-owned firms, 2012371,588
Nonminority-owned firms, 2012371,588
Veteran-owned firms, 201296,787
Nonveteran-owned firms, 2012800,585
Geography
Population per square mile, 2010168
Land area in square miles, 201057,513