Augusta Economy Data Points to Resident Opportunities in Core Sectors

The Augusta region's nominal GDP stands at approximately $37 billion while real GDP grows at roughly 1.5 percent annually, a pace slightly below the national average of 2.2 percent. These measures set the baseline for how local payrolls and public services can expand in the coming years.

Employment and Population Projections

Employment in the region grew by 3,720 jobs over the last five years. Projections show an additional 11,881 jobs over the next five years alongside a population increase of 26,336 residents in the same span. Residents see these numbers in the form of more openings at local employers and greater demand for housing and schools.

Sectors Anchoring Local Work

Four sectors form the foundation: cybersecurity tied to Fort Gordon's U.S. Army Cyber Command, healthcare that employs over 25,000 people in the Medical District, advanced manufacturing, and military support services. Workers in these fields gain from steady demand that supports paychecks and benefits for families throughout the Augusta-Richmond County MSA.

Income and Housing Context

Median household income sits at approximately $68,000, which is $12,200 below the national median of $75,100. Median home values stand near $207,000. The combination gives households a cost structure that can stretch earnings further than in higher-priced markets while still tying income growth to the same job additions noted above.

Unemployment reached 4.5 percent in early 2025, above the national average at the time, with the latest Bureau of Labor Statistics figure for the Augusta-Richmond County MSA at 3.9 percent. Lower rates ease pressure on local budgets that fund roads, parks and emergency services used daily by residents.

These indicators shape decisions on training programs, home purchases and business expansion that directly affect daily life in the region. Continued tracking of the same sectors and job counts will show how the outlook translates into household stability.