Think-Realty-Magazine-September-2020

Attractive Atlanta: Why the Young and Educated Love This Hot Market

by Marco Santarelli, Norada Real Estate Investments

A tlanta real estate is some of the most expensive in Georgia, although Atlanta house values don’t compare to the most expensive real estate in the U.S. Unlike some cities, Atlanta isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Atlanta are a mix of both white- and blue-collar jobs. Overall, Atlanta is a city of professionals, sales and office workers and man - agers. There are especially a lot of people living in Atlanta who work in sales jobs (12.60%), office and administrative support (11.78%) and management occupations (11.45%). Also of interest is that Atlanta has more people living here who work in computers and math than 95% of the places in the US. Atlanta is one of the most attrac- tive larger cities for people who are young, single, educated, and upwardly mobile career starters. This makes it a good place to live for young singles in their 20s and

30s and who have undergraduate or graduate degrees and are starting their professional careers. Although Atlanta is a large city, this demo- graphic is significant enough that young professionals will find many others like themselves here, with good opportunities for friendships, recreation, and more. One of the benefits of being in a big city like Atlanta is having a public transportation system. You will find many people using the bus for their daily commute, even though other transportation options exist. If you ask these commuters, many will tell you that not having to drive in the snarl of big city traffic is one of main reasons for leaving the car at home, or even not owning a car at all. With so many people taking the bus At- lanta benefits from a reduction in air pollution and traffic.

ucated cities in the nation. 44.95% of adults in Atlanta have at least a bachelor’s degree. Compare that to the average community in America, which has just 21.84% with a bache- lor’s degree or higher. The per capita income in Atlanta in 2010 was $35,453, which is wealthy relative to Georgia and the nation. This equates to an annual income of $141,812 for a family of four. However, Atlanta contains both very wealthy and poor people as well. Atlanta is an extremely ethnically diverse city. The people who call Atlanta home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Atlanta residents report their race to be Black or African-American, followed by White. •

Information by Department of Numbers, Bureau of Labor Statistics, U.S. Census Bureau and Location Incorporated are deemed reliable but not guaranteed. •

ATLANTADEMOGRAPHICS Atlanta is one of the most well-ed-

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