Department of Numbers

Housing Units, Population and Cost Rank Measures for Georgia

Here we explore the evolution and dynamics of the housing supply in Georgia, the relative cost of Georgia housing, the housing mix and the change in Georgia population. Housing supply here is defined as the number of housing units (i.e: houses, condos, apartments etc..). For this analysis, the Georgia population number we're most interested in is the 18 and over population since the under 18 population typically isn't a buyer or renter in the housing market. All data on this page comes from the Census ACS 1 year survey. Jump to Georgia sections: housing units, housing cost, housing mix, population.

Housing Units and 18+ Population for Georgia

The data below track the total number of housing units in Georgia, the total 18 and over population in Georgia and the ratio of the 18 and over Georgia population to the number of housing units. Over the past 5 years, the number of Georgia housing units increased by 5.47% while the 18 and over population increased by 6.69%. As a result, the ratio of the 18 and over population to housing units increased from 1.832 to 1.853. A lower population to housing units ratio means there are more housing units available per person in the region.

2019 1 Year Change 5 Year Change
Georgia Housing Units 4,378,350 +1.20% +5.47%
Georgia 18+ Population 8,114,394 +1.23% +6.69%
Georgia 18+ Pop. / Units 1.853 0.000 +0.021

Georgia 18+ Population to Units Ratio Trends: Georgia, US

Georgia Housing Units and 18+ Population History

Date Georgia Housing Units Georgia 18+ Population Georgia 18+ Pop. / Units
2019 4,378,350 8,114,394 1.853
2018 4,326,266 8,016,182 1.853
2017 4,282,254 7,914,614 1.848
2016 4,219,103 7,799,761 1.849
2015 4,182,228 7,712,446 1.844
2014 4,151,387 7,605,922 1.832
2013 4,110,162 7,501,786 1.825
2012 4,107,554 7,424,198 1.807
2011 4,103,118 7,327,141 1.786
2010 4,091,482 7,218,066 1.764
2009 4,063,506 7,246,554 1.783
2008 4,026,181 7,143,266 1.774

more history ...

Georgia Relative Housing Cost Percentile by Price and Rent

This data shows where Georgia falls in the distribution of home prices and rent compared to other states (and D.C.). The higher the percentile, the more expensive the region is compared to the rest of the country. In 2019, Georgia was at the 47.06% percentile for home prices and the 60.78% percentile for the cost of rent. Over the past 5 years, Georgia home prices have become more expensive compared to the rest of the country and rent in Georgia has become more expensive over the past 5 years relative to the rest of the country.

Georgia Home Price and Rent Percentile

2019 1 Year Change
(delta)		 5 Year Change
(delta)
Georgia Home Price Percentile 47.06% +1.96% +9.81%
Georgia Rent Percentile 60.78% 0.00% +5.88%

Georgia Trends in Home Price and Rent Percentile: Georgia, US

Georgia Home Price and Rent Percentile History

Date Georgia Home Price Percentile Georgia Rent Percentile
2019 47.06% 60.78%
2018 45.10% 60.78%
2017 41.18% 58.82%
2016 39.22% 56.86%
2015 37.25% 54.90%
2014 37.25% 54.90%
2013 37.25% 54.90%
2012 37.25% 56.86%
2011 39.22% 58.82%
2010 41.18% 60.78%
2009 43.14% 58.82%
2008 45.10% 60.78%

more history ...

Georgia Housing Units: Owner Occupied, Renter Occupied and Vacant

The data below shows the number of housing units in Georgia by type. Over the past 5 years, the number of housing units held by owner occupiers increased by 10.66% while the total number of rented units in Georgia increased by 2.01%. Units that were vacant1 decreased by 6.78% over the last 5 years.

Georgia Changes in Owned, Rented and Vacant Units

2019 1 Year Change 5 Year Change
Georgia Owner Occ. Units 2,470,572 +1.82% +10.66%
Georgia Renter Occ. Units 1,382,142 +0.40% +2.01%
Georgia Vacant Units 525,636 +0.46% -6.78%

Georgia Housing Share Trends: Owned, Rented and Vacant: Owned, Rented, Vacant

The chart below shows the share of each housing type in Georgia as a fraction of total housing units.

Georgia Owned, Rented and Vacant Units History

Date Georgia Owner Occ. Units Georgia Renter Occ. Units Georgia Vacant Units
2019 2,470,572 1,382,142 525,636
2018 2,426,435 1,376,577 523,254
2017 2,354,922 1,390,152 537,180
2016 2,268,606 1,417,529 532,968
2015 2,261,166 1,395,241 525,821
2014 2,232,553 1,354,968 563,866
2013 2,222,377 1,324,588 563,197
2012 2,248,702 1,284,206 574,646
2011 2,256,703 1,237,839 608,576
2010 2,304,165 1,178,255 609,062
2009 2,325,917 1,143,333 594,256
2008 2,340,305 1,129,540 556,336

more history ...

Georgia Population

This data shows the population of Georgia for the under 18 category and the 18 and over category. In the last 5 years the under 18 population has increased by 0.47% while the 18 and over population has increased by 6.69%.The total population of Georgia has increased by 5.15% in the last 5 years.

Changes in Georgia Population

2019 1 Year Change 5 Year Change
Georgia Population Under 18 2,503,029 -0.01% +0.47%
Georgia Population 18+ 8,114,394 +1.23% +6.69%
Georgia Total Population 10,617,423 +0.93% +5.15%

Georgia Population Age Share: Under 18, 18 and Over: 18+, Under 18

Georgia Population History

Date Georgia Population Under 18 Georgia Population 18+ Georgia Total Population
2019 2,503,029 8,114,394 10,617,423
2018 2,503,293 8,016,182 10,519,475
2017 2,514,765 7,914,614 10,429,379
2016 2,510,610 7,799,761 10,310,371
2015 2,502,414 7,712,446 10,214,860
2014 2,491,421 7,605,922 10,097,343
2013 2,490,381 7,501,786 9,992,167
2012 2,495,747 7,424,198 9,919,945
2011 2,488,069 7,327,141 9,815,210
2010 2,494,521 7,218,066 9,712,587
2009 2,582,657 7,246,554 9,829,211
2008 2,542,478 7,143,266 9,685,744

more history ...

1. The Census defines a vacant unit as belonging to the following set: For rent, Rented not occupied, For sale only, Sold not occupied, For seasonal or recreational or other occasional use, For migrant workers, Other vacant. ↩

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