Where do the richest people in GA live?

Atlanta In Georgia, Atlanta is the only city home to any billionaires. A total of 12 billionaires live in Atlanta with a combined net worth of $55.1 billion. Of Atlanta residents with a minimum 10-figure net worth, Jim Kennedy is the wealthiest, worth an estimated $8.2 billion.

Whats the richest part of Georgia?

Berkeley Lake The richest town in Georgia is Berkeley Lake. Berkeley Lake is 20 miles outside of Atlanta, Georgia. The cost of living in Berkeley Lake is 31.3% higher than the national average.

What are the most expensive cities to live in Georgia?

Top ten most expensive cities in GeorgiaCityAverage Price#1Milton$851,713#2Sandy Springs$786,644#3Johns Creek$645,806#4Tybee Island$639,7866 more rows

What is a good salary for Atlanta?

“Money is only a part of what really makes us happy, and were learning more about the limits of money.” Nationally, the study found that the ideal income needed for happiness is around $105,000. A separate report released last year found that the average household income in Atlanta is around $90,900.

Why is housing so cheap in Georgia?

So, why are houses so inexpensive in Atlanta? According to Investopedia, the national median list price is $199,000 while Atlantas median is $184,900. All in all, Atlanta seems to have an abundant inventory of homes and lots just waiting for buyers. When supply outweighs demand, prices always remain low.