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We're just going to leave this right here: if you're the home to The Masters golf tournament, you better believe you house some crazy rich cities. And, yes, we're talking about you Georgia.
Now, not every city on our top ten richest cities in Georgia for 2020 can compare to Augusta, there are a ton of wealthy Georgia peaches on this list that definitely know how to roll out the bourgeois southern charm.To create this list, we asked ourselves, what is important to rich people? Besides the obvious: high paying jobs, safe cities and neighborhoods, gold star schools, and high-end amenities, we know that the 'one percent' like to be catered to on a different level.
There are Georgia cities on our richest cities list that do just that. Cities on our list like Alpharetta and Milton are the playground of Georgia's rich and famous with great parks, amazing golf courses, and posh shopping. And if you live in Suwanee, you can hop in your rover and head on over to the Atlanta Falcons training camp. Now, it's not lost on us that there are multiple cities on our ten best cities to live in Georgia for 2020 that are also on our richest list. (It's worth a google.) Wealthy cities tend to have it all.
To see which cities are the wealthiest in Georgia for 2020, take a look at the list below.
At the end of the day, here's the set of the 10 richest places in Georgia for 2020:
- Braselton (Photos | Homes For Sale)
- Milton (Photos | Homes For Sale)
- Suwanee (Photos | Homes For Sale)
- Flowery Branch (Photos | Homes For Sale)
- Peachtree City (Photos | Homes For Sale)
- Dunwoody (Photos | Homes For Sale)
- Roswell (Photos | Homes For Sale)
- Woodstock (Photos | Homes For Sale)
- Alpharetta (Photos | Homes For Sale)
- Bremen (Photos | Homes For Sale)
How does one get their hand on one of these Georgia cities where living your best life is very expensive? Well, a couple of things have to fall into place for you.
First off, you need to find a job that pays on average $100,000/year. Might we suggest a job in healthcare in our number one richest city? You're going to have to find a high paying job in this city if you want to pull in $102,000/year. That's a lot of Georgia cheddar, folks.Secondly, you have to be a hard worker. Unemployment rates and poverty rates in these Georgia cities barely scratches 4.5%
So what city in Georgia crushed all categories as the richest city? The richest city in Georgia would be Braselton according to the most recent census data.
So, if you care about living where there are great jobs and wealthy people, take a look the list below. The 'Empire State of the South' is calling.
Rich people not your cup of tea? Feel free to check out some more reading about Georgia:
The 10 Richest Cities In Georgia For 2020
Braselton is a town in Barrow, Gwinnett, Hall, and Jackson counties in the U.S. state of Georgia, approximately 53 miles northeast of Atlanta. As of the 2010 census, the town had a population of 7,511, and in 2015 the estimated population was 9,476.
Milton is a city and suburb in Fulton County, Georgia, United States. Incorporated on December 1, 2006, it was created out of the entire unincorporated northernmost part of northern Fulton County. It is an affluent community, with an average household income within the ZIP code 30004 of $99,412. As of the 2010 census, Milton's population was 32,661, with an estimated population of 36,662 in 2014.
Suwanee is a city in Gwinnett County in the U.S. state of Georgia. As of the 2010 census, the population was 15,355; this had grown to an estimated 18,694 as of 2015. Suwanee was the practicing home of the Atlanta Falcons football team from 1979 to 2001 and was voted among the Top 10 Best Places to Live by Money in 2007. In 2012, Suwanee was rated by Kiplinger as the third best place in America for raising families, and in 2013, Suwanee was identified as one of the nation's 10 Best Towns for Families by Family Circle magazine.
Flowery Branch is a city in Hall County, Georgia, United States. As of the 2010 census, the city had a population of 5,679. It is part of the Gainesville, Georgia metropolitan area, and lies on the shores of Lake Lanier.
Peachtree City is the largest city in Fayette County, Georgia, United States. As of the 2010 census it had a population of 34,364. Peachtree City is located in South Metro Atlanta.
Dunwoody is a city located in DeKalb County, Georgia, United States. It is a northern suburb of Atlanta. Dunwoody was incorporated as a city on December 1, 2008. As of 2015, the city has a population of 48,733, up from 46,267 in the 2010 Census.
Roswell is a city in north Fulton County, Georgia, United States. At the 2010 census it had a population of 88,346, and in 2014 the estimated population was 94,089, making it Georgia's seventh largest city.
Woodstock is a city in Cherokee County, Georgia, United States. The population was 23,896 at the 2010 census. Originally a stop on the Louisville and Nashville Railroad, Woodstock is part of the Atlanta metropolitan area. In 2007 it was the tenth fastest-growing suburb in the United States.
Alpharetta is a city located in north Fulton County, Georgia, United States and is a suburb of Atlanta. As of the 2010 census, Alpharetta's population was 57,551. The estimated population in 2014 was 63,038.
Bremen is a city in Haralson and Carroll counties, Georgia, United States. As of the 2010 census, the city had a population of 6,227, up from 4,579 at the 2000 census. Most of the city is in Haralson County, with a small portion in Carroll County.
How We Determined The Richest Places In Georgia For 2020
The first thing that comes to most people's minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.
However, we don't believe that one statistic wholly encompasses what it means to be one of the "richest places". So we looked at this set of criteria from the newly released 2014-2018 American Community Survey:
- Poverty Level
- Median Household Income
- Unemployment Rate
Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.
After we collected the data for all 127 places with more than 5,000 people in Georgia, we ranked each place from 1 to 127 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a "Rich Score" with the place having the lowest overall Rich Score, Braselton, crowned the "Richest City In Georgia For 2020". You can download the data here.
You can learn more about the top ten below or skip to the end to see the rankings for all 127 places.
There You Have It - The Wealthiest Places In Georgia For 2020
Like we said earlier, when we set out to identify the richest places in Georgia, we weren't sure what we'd encounter, but it ended up being some of the best places to live in Georgia.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you're curious enough, here are the poorest cities in Georgia, according to data:
Poorest: Fort Valley
2nd Poorest: Cordele
3rd Poorest: Milledgeville
For more Georgia reading, check out:
- Best Places To Raise A Family In Georgia
- Safest Places In Georgia
- Cheapest Places To Live In Georgia