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Augusta Economy Snapshot: The Data and Numbers Behind Local Growth
Official figures show Augusta's nominal GDP near $37 billion alongside labor force and employment details.
How we reported this
Augusta's nominal GDP stands at approximately $37 billion, with real GDP expanding at 1.5 percent annually, a pace below the national average of 2.2 percent.
GDP and Broader Measures
These figures come from recent economic assessments and place the region in a steady but measured expansion relative to national benchmarks. The data reflect contributions across health care, cybersecurity and manufacturing without rapid acceleration.
Labor Force and Unemployment
The Augusta-Richmond County region maintains a civilian labor force nearing 288,000 people. Unemployment sits at 3.9 percent according to the most recent Bureau of Labor Statistics data. These numbers provide a baseline for workforce participation in the area.
Income and Housing Values
Median household income registers at $68,000, which falls about $12,200 below the national median of $75,100. Median home values hover around $207,000. The combination of these indicators shows household finances relative to national levels.
Major Employment Sectors
Health care employs more than 25,000 people in the Medical District. Cybersecurity operations center on Fort Eisenhower with the U.S. Army Cyber Command. Advanced manufacturing accounts for 90 percent of the world's golf cart production. These sectors form core pillars of local activity.
Recent and Projected Job Changes
Regional employment added 3,720 jobs over the last five years. Projections indicate an increase of 11,881 jobs over the next five years. The pattern points to continued expansion based on the available forecasts.
Residents and businesses can review detailed reports from the Augusta Economic Development Authority and the Bureau of Labor Statistics for updated local context. These sources allow direct comparison of current figures against prior periods without requiring additional assumptions.