Quick Answer: Is 50k A Good Salary In Atlanta?

What is a good salary in Atlanta?

Do Good Salary in Atlanta, GAAnnual SalaryMonthly PayTop Earners$130,271$10,85575th Percentile$121,753$10,146Average$82,363$6,86325th Percentile$38,079$3,173Nov 2, 2020.

What is considered rich in Georgia?

The household median income for metro Atlantans is $54,802, according to the 2017 American Community Survey, an annual U.S. Census Bureau study that examines economic data among Americans. Therefore, you need to earn more than $109,604 to be considered “rich” in the metro area.

Is Atlanta poor?

The city’s poverty rate sits at 24 percent − or nearly one in four people.” According to the Census, about 18 percent of Atlanta households earn an annual income of $150,000 or more, compared to 9.3 percent of households making less than $10,000 per year. … But at its low end, one of America’s poor cities.”

What is the most dangerous city in Georgia?

10 Most Dangerous Cities in Georgia – Updated for 2020CityViolent Crime (per 100k)Property Crime (per 100k)Americus8566,065Hapeville74111,154Albany1,1145,102Brunswick1,0655,2466 more rows

Is Georgia a rich or poor state?

4) Georgia Almost two million Georgians currently live below the poverty line, and 21% of residents ages 18 to 24 were not in school or working as of 2012.

What is a livable wage in Atlanta?

Living Wage Calculation for Atlanta-Sandy Springs-Roswell, GA1 ADULT0 Children1 ChildLiving Wage$13.62$25.58Poverty Wage$6.00$8.13Minimum Wage$7.25$7.25

How much money do you need to live comfortably in Atlanta?

“Money is only a part of what really makes us happy, and we’re learning more about the limits of money.” Nationally, the study found that the ideal income needed for happiness is around $105,000. A separate report released last year found that the average household income in Atlanta is around $90,900.

What is considered middle class in Atlanta?

Of the 50 cities studied, Atlanta had the sixth lowest middle class population—32 percent. Only Cleveland, Miami, Detroit, San Francisco, and Washington D.C., had smaller percentages of middle-class residents. (The study defined middle class as households with incomes between $40,000 and $100,000).

What are the best paying jobs in Atlanta?

Here’s a quick look at the top ten highest paying jobs in Atlanta:Psychiatrists.Surgeons, Except Ophthalmologists.Physicians, All Other; and Ophthalmologists, Except Pediatric.Family Medicine Physicians.Obstetricians and Gynecologists.Anesthesiologists.Dentists, General.Financial Managers.More items…•

Why are houses so cheap in Georgia?

Homes consist of houses and the land they’re on. Houses in Atlanta probably cost somewhat less than those in the northeast or on the west coast because the labor pool is less expensive (and less thoroughly unionized), but the real difference is the cost of the land under the house.

What is the highest paid job in Georgia?

Detailed List Of Highest Paying Jobs In GeorgiaRankJob TitleAverage Salary1Psychiatrists$246,5002Orthodontists$237,3103Physicians, All Other; And Ophthalmologists, Except Pediatric$236,5304Obstetricians And Gynecologists$233,39089 more rows•May 14, 2020

Is 120k a good salary in Atlanta?

A $120k salary in the Atlanta area is very good; it would certainly be enough for a medium wealth house in the richer areas of metropolitan Atlanta, and would eventually be enough for a mansion sized home after a few promotions. … You would have no problem living around the Atlanta area with a salary of $120k a year.

What is the cheapest city to live in Georgia?

The 10 Cheapest Places To Live In Georgia For 2020Commerce.Toccoa.Warner Robins.Auburn.Waycross.Port Wentworth.Fort Oglethorpe.Hapeville.More items…

How rich is Atlanta?

The study that the report is based on compared the richest 30 cities in America from 1978 to the richest cities in 2010, ranked by the real gross domestic product in each city. Back in 1978, Atlanta came in at No. 15 with a GDP of $69 billion. In 2010, it rose to $250 billion.

Why is rent so high in Atlanta?

“I think Atlanta’s rent growth has very much been driven by population growth and by job growth, particularly in the urban core,” Terrazas explained. “You are seeing kind of pockets of new construction in Atlanta. That said, new construction comes in and has always come in at a relatively high price point.

What is a good salary for a single person in Georgia?

Georgia Average Just in case you need a simple salary calculator, that works out to be approximately $26.48 an hour. This is the equivalent of $1,059/week or $4,590/month.

What is middle class income in GA?

The shift means that the middle class income range for The Peach State is $37,643 to $112,366. Why is the gap so wide? According to the Pew Research Center, middle class individuals earn between 67 and 200 percent of the median income.

Is Atlanta cheap to live in?

Thankfully, Atlanta is a relatively affordable place to live. The cost of living as a whole is 2% lower than the national average. For a bit more perspective on what that means, see the chart above. As you can see, it’s about the same as Dallas, a little cheaper than Miami, and a LOT cheaper than New York City.