Savannah Chamber

Savannah Economic Trends Brochure 2021

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56 Savannah Area Chamber of Commerce 2021 Economic Trends 12 Population Distribution by Household Income and Race In the Savannah MSA, 59.6% of the population is white, while 33.3% is African-American (five-year U.S. Census data for 2019). Also, the Hispanic/Latino population of any race is 6.2%. As Savannah's population grows, so do the incomes and benefits available to its residents. In the Savannah MSA, the five-year U.S. Census estimate for average household income is $82,125. Average household income is higher in Bryan County ($88,173) and Effingham County (85,885). The Savannah MSA has 57.6% of its households with income over $50,000, Effingham County has 64.1%, and Bryan County has 63.9%, while the comparable figure for the state of Georgia is 56.8%. Beaufort County (15.7%) and Bryan County (14.8%) have the highest concentration of households earning more than $150,000. 2015-2019 Estimates of Income for Select Areas (In 2019 Inflation Adjusted Dollars) Area Number of Households Average Household Income Median Household Income Less than $25,000 $25,000 to $49,999 $50,000 to $149,999 $150,000 and Over City of Savannah 104,744 78,592 55,914 22.0% 23.0% 44.8% 10.1% Chatham County 108,568 80,665 56,842 21.3% 23.0% 44.6% 11.1% Effingham County 21,172 85,885 66,822 16.3% 19.7% 52.6% 11.5% Bryan County 13,048 88,173 72,624 16.8% 19.2% 49.1% 14.8% Savannah MSA 142,788 82,125 59,459 20.1% 22.2% 46.2% 11.4% Beaufort County (SC) 71,477 95,726 68,377 14.0% 24.4% 47.3% 15.7% Georgia 3,758,798 82,406 58,700 20.7% 22.5% 44.5% 12.3% Source: U.S. Census Bureau, 2015-2019 American Community Survey 5-Year Estimates, retrieved 12/10/2020 at http://data.census.gov. 3-Year estimates are no longer updated by the U.S. Census Bureau, and available only for 2011-2013. Hispanic or Latino (of any race): Savannah MSA 6.2% Chatham County 6.4% Effingham County 4.4% Bryan County 7.2% All Other, Savannah MSA: American Indian/Alaska Native 0.1% Native Hawaiian/Pacific Islander 0.3% Two or more Races 3.0% Some Other Race 1.9% Source: U.S. Census Bureau, 2015- 2019 American Community Survey http://data.census.gov 12/10/2020

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