Read verified reviews from business owners, find state/local incentives, and understand key decision data.

Target Industries

Advanced Manufacturing

Companies like YKK AP in Macon and Beretta Holding S.A.’s subsidiary Norma Precision Inc. in Bryan County are notable examples. Advanced manufacturing is a cornerstone industry for Georgia, and it has announced the creation of over 7,700 new jobs since July 1, 2022.

Automotive Industry

The automotive sector is a major source of new jobs and investments in Georgia. Notable developments include the Hyundai Motor Group Metaplant America (HMGMA) EV facility, which is expected to support more than 8,100 direct jobs. This industry is integral to Georgia's closed-loop electric mobility supply chain, with significant international partnerships contributing to the state's economic growth.

Aerospace and Defense

Benefiting from Georgia's strong logistics infrastructure and engineering talent pool, these industries have created more than 1,500 new jobs. Companies like Archer Aviation Inc. and Anduril Industries have announced facilities in Georgia, capitalizing on the proximity to airports and the availability of a skilled workforce from technical colleges and universities.

Tax Rates

Sales Tax: The sales tax rate is 8.9%, which equates to $8.90 per $100.

 

Corporate Income Tax: The corporate income tax rate is 5.75%, translating to $5.75 per $100.

 

Property Tax: The property tax rate varies by county, but in Fulton County, the average rate is approximately 1.23%, or $1.23 per $100.

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Business Incentives

Quality Jobs Tax Credit

This incentive provides tax credits to manufacturing companies that create jobs in designated areas, making it an attractive option for businesses looking to expand and generate employment opportunities in Atlanta.

Investment Tax Credit

Manufacturing businesses can benefit from the Investment Tax Credit, which encourages capital investment by providing tax credits based on qualified expenditures, promoting the growth and modernization of manufacturing facilities.

Industrial Development Bonds

These bonds offer financing options with favorable terms for manufacturing businesses seeking to construct or expand their facilities in Atlanta, providing access to capital at competitive rates.

Business Climate Overview

Atlanta, Georgia, is a vibrant city located in the southeastern United States. It serves as a major hub, with Hartsfield-Jackson Atlanta International Airport being one of the busiest airports in the world. The city is well-connected by major highways, including Interstates 20, 75, and 85, making it easily accessible from all directions. Its strategic location has made it a focal point for business, culture, and transportation in the region.

Demographics: Atlanta boasts a diverse and growing population, with a significant representation of African American, Hispanic, and Asian communities. The city's workforce is highly educated, benefiting from the presence of numerous colleges and universities in the area. This diversity and educational background contribute to a dynamic and innovative business environment.

Wages: The median household income in Atlanta is approximately $65,345, while the median rent for an apartment hovers around $1,500. These figures reflect the city's growing economy and the demand for housing due to its increasing popularity among professionals and families alike.

Key Industries: Atlanta is known for its robust economy with key industries including logistics, professional and business services, media operations, and information technology. The city is also a major hub for the health care and research sectors, partly due to the presence of the Centers for Disease Control and Prevention (CDC) and numerous healthcare facilities.

Quality of Life: Atlanta offers a high quality of life with its diverse culture, vibrant arts scene, and abundant green spaces. Residents enjoy a variety of outdoor activities in places like Piedmont Park and the Atlanta BeltLine. The city is also known for its excellent cuisine, shopping, and entertainment options, making it an attractive place to live and work.

Education: The city is home to several top universities and community colleges, including Georgia Institute of Technology (Georgia Tech), Emory University, and Georgia State University. These institutions are renowned for their research programs and contribute significantly to the local economy and workforce development.

Businesses: Atlanta hosts several Fortune 500 companies, including The Home Depot, UPS, Coca-Cola, and Delta Air Lines. The presence of these corporations, along with a thriving startup ecosystem, underscores the city's status as a major business center in the United States.

Economic Development Organizations: Economic development in Atlanta is supported by various organizations, including the Metro Atlanta Chamber of Commerce, Invest Atlanta, and the Atlanta Regional Commission. These entities play a crucial role in fostering business growth, attracting investment, and promoting the city as a premier location for both domestic and international businesses.

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Atlanta, GA image

Our Team

Dr. Eloisa Klementich, CEcD photo
Dr. Eloisa Klementich, CEcD

President & CEO

Invest Atlanta

Dawn L. Arnold, HDFP, EDFP photo
Dawn L. Arnold, HDFP, EDFP

Executive Vice President & COO

Invest Atlanta

Noah Downer photo
Noah Downer

Senior Vice President, Economic Development

Invest Atlanta

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FAQ

Atlanta focuses on several target industries, including Advanced Manufacturing, Automotive, and Aerospace and Defense. These sectors have seen substantial growth and job creation in recent years.

The sales tax rate in Atlanta is 8.9%. It means you'll pay $8.90 in taxes for every $100 of eligible purchases.

Atlanta's corporate income tax rate is 6.0% on taxable income, calculated based on a company's earnings.
The property tax rate in Atlanta varies depending on the location within the city but averages around 1.0% of the property's assessed value, equating to $1.00 for every $100 of assessed property value.
Atlanta is a diverse city with a population of over 500,000 people. It has a young, educated workforce, with over 47% of the population holding a bachelor's degree or higher. The city also has a strong African American heritage and a significant LGBTQ+ community.
The median household income in Atlanta is approximately $65,345, which is higher than the national average.
Atlanta is a major hub for finance, information technology, healthcare, entertainment, and logistics and transportation industries. It's also known for its thriving film and television production industry.
Yes, Atlanta offers a high quality of life with a cost of living that is lower than the national average. It provides diverse cultural and recreational opportunities for residents.
Atlanta is home to several prestigious universities and colleges, including Emory University, Georgia State University, and the Georgia Institute of Technology. It also has community colleges offering vocational and academic programs.
Atlanta hosts several Fortune 500 companies, such as The Home Depot, UPS, and Coca-Cola. Additionally, it has a thriving startup scene and a robust film and television industry.