#8 Georgia


#14 in Taxation and Regulation

#9 in Workforce Quality

#7 in Living Environment

Right to Work?

Regional Profile – Southeast

STATE
OVERALL REGIONAL RANK
TAXATION & REGULATION REGIONAL RANK
WORKFORCE QUALITY REGIONAL RANK
LIVING ENVIRONMENT REGIONAL RANK
Alabama
7
6
7
8
Florida
1
2
6
5
Georgia
5
4
2
3
Kentucky
8
7
8
7
Louisiana
10
9
9
9
Mississippi
11
10
10
11
North Carolina
2
5
3
1
South Carolina
4
3
5
2
Tennessee
3
1
1
4
Virginia
6
8
4
6
West Virginia
9
11
11
10

Key Industries

Automotive, Datacenters, Defense, Energy, Film, Financial, Food Processing, Headquarters, Life Sciences, Logistics

Key Companies

AFLAC
Coca-Cola
Delta Airlines
Home Depot
Mercedes-Benz
United Parcel Service

Advantages

After seeing what other states have been through, Georgia’s governor vetoed a “religious liberty” bill.

Georgia Tech will build a technology hub in Atlanta.

The Georgia General Assembly passed House Bill 935, which exempts from local property tax the inventory of e-commerce warehouses. It is awaiting Gov. Nathan Deal’s approval.

Challenges

The $7.25/hour minimum wage makes it hard for Georgia residents to make ends meet.

Georgia has attracted fewer Chinese investments than the rest of the southeast, according to a study by the National Committee on U.S.-China Relations.

Key Contacts

Dept. of Economic Development

Chris Carr, Comissioner
404-96-4000
Technology Square,
75 5th Street N.W.,Suite 1200
Atlanta, GA 30308

ccarr@georgia.org
http://www.georgia.org/

CEO Comments

“My top pick is Georgia. It is growing fast and the cost of living is very reasonable.”

“Georgia is quickly advancing in its ability to host and keep business, as well as allow for small-business growth.”

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No 5: Georgia

No. 5

Georgia

Taxation and Regulations
Workforce Quality
Living Environment

Based on CEO Survey by ChiefExecutive.net

Key Metrics
Taxation and Regulations
  • State Corporate Income Tax Rate: 6%
  • Highest Personal Income Tax Rate: 6%
Workforce Quality
  • % with High School diploma or more: 83.9
  • % with Bachelor’s degree or more: 27.5
  • % with Advanced degree or more: 9.7
  • Patents per 100K: 19.38
  • % of Employed Represented by Unions: 5
Quality of Life
  • Hopsitals per 10K: 0.161
  • Elementary/Secondary Schools per 1000 people: 0.271
  • Violent Crimes per 100K: 448.73
Key Companies
  • Coca-Cola Company
  • United Parcel Service Inc.
  • Home Depot Inc.
  • AFLAC Incorporated
  • Delta Airlines
Other Highlights
  • Georgia rose to #5 from #7 in 2010 — the state took #4 in 2009
  • Georgia ranks 48th in state debt per capita with $1378

Sources:
TaxFoundation.org
Statemaster.com
Bureau of Labor Statistics
U.S. Census Bureau
U.S. Patent and Trademark Office
The National Center for Public Policy and Higher Education