What Is The Average Income In Alpharetta GA?

Definition of "What is the average income in Alpharetta GA?"

Ayelet Gilad real estate agent

Written by

Ayelet Giladelite badge icon

Keller Williams Realty First Atlanta

This suburb-like city has been ranked one of the nation’s fastest-growing cities and it’s getting better every day. Whether you look at the growing IT industry or the highly educated workforce, Alpharetta is the proud home of some of the brightest minds in the IT industry with several companies that came here to use its optic cable infrastructure.

The average income of an Alpharetta resident is $46,113 a year while the US average is $29,829 a year. Almost 20% of the population of Alpharetta has a household income of over $200.000 and the median annual household income is $87,837 which is higher than the median annual income of $53,482 across the United States. The most common jobs held by residents in Alpharetta are Management, Sales related, and Computer & Mathematical work which are also among the highest paid jobs.

One of the things that can influence these salaries is the quality of education. Alpharetta is home to some of the best schools in Georgia with a 24.5% average ACT score and higher education establishments that offer technical training and continuing education. There is also the development of industries with corporate headquarters, technology services, and retail trade firms. With an unemployment rate of 4%, the average income in Alpharetta GA surpasses the nationwide average by 55% and the Georgia average by 73% making Alpharetta the city with the highest average income per person in Georgia.

As Alpharetta is the seventh most expensive city in Georgia and has an overall higher cost of living if we keep in mind the the average home prices in Alpharetta are higher as well, it only makes sense for the residents to have higher incomes than the general average of U.S. To give you an idea of what this means in numbers and comparisons, an Accountant can make $75,000 while a Human Resources Manager’s salary is around $118,000. With $78,000, a registered nurse or a Web Developer with $90,000 will have the possibility to buy or rent, and build a life in this city. Realtors in Alpharetta GA can buy a house themselves as well, with a yearly income of $83,000 and a mechanical engineer can start their own family with $107.000 Mechanical Engineer.

Despite the high cost of living, Alpharetta keeps growing and its job market will grow as well. This offers a sense of security and stability, which makes the city a trustworthy investment for developers. Providing a healthy environment for the residents and an attractive market at the same time, Alpharetta is a choice that will reward you and your family with the income that gives access to the best this city has to offer.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

Just to be clear: an Open house is not when you invite friends over to meet your new house. At least not in the real estate world.When you hear someone talking about an Open House, they ...

Structure not directly belonging to a property but considered a part of it through the use of an easement of common consent. ...

A broad definition of termite clause is a provision in a contract for the sale of real property that gives the purchaser the right, at his or her expense, to have the property inspected for ...

Examining and testing the ground to determine the conditions for building something, such as an office building. ...

Property taken over by the government because the owner has failed to pay taxes on it. The property may revert back to the owner when the taxes are paid. If not, the government may sell the ...

Intermediate - to long-term collateralized loan granted to a business by a commercial bank, insurance company, or commercial finance company such as to finance the purchase of real ...

Pitched roof that looks like a saw. ...

Method of finishing edges of walls, window jams, doors, or projections with decorative strips of wood to give a better appearance as well as providing protection from jagged edges and ...

Combination of IRC 1034 and 121 dealing with the sale of a personal residence with the once-in-a-lifetime $125,000 exclusion that may be available for the "over-55" seller. Should the ...