Savannah Chamber

38 Savannah Area Chamber of Commerce 2022 Economic Trends 10 Demographics: Population Dynamic population growth, a robust business climate, and a thriving artistic and cultural community combine to create the highest quality work and home environments in Savannah, one of the nation's loveliest and most historic port cities. Savannah's allure has been recognized nationally as one of "The World's Greatest Places of 2021" by Time Magazine, "The South's Best Cities" (#2) by Southern Living and was named #1 for smaller cities in "Best Places to Live and work as a Moviemaker" in 2020 by Moviemaker Magazine. Growing Population Spurs Economic Growth Savannah's local market region extends in a 40-mile radius from its historic downtown. Commuters, shoppers, students, visitors, and others are economically and socially linked in a primary trade area that includes Liberty and Long counties as part of the Hinesville MSA, Bulloch County of the Statesboro MSA, Wayne County of the Jesup MSA, and portions of South Carolina's Beaufort and Jasper counties. Chatham County, with 289,463 residents is the sixth most populous county in Georgia and serves as the economic hub of the region. Furthermore, over 817,000 people now live, work, and shop in the Savannah Primary Trade Area, which from 2010 to 2020, added about 9,900 net new residents a year. Jasper County was the fastest growing County in 2020 (+5%), while Beaufort County added the most people (3,534). 9 out of 10 counties in the Savannah primary trade area experienced population growth in 2020. Chatham County continues to be the most densely populated county, with 680 persons per square mile. Wayne County and Jasper counties are the least densely populated counties with 47 and 48 persons per square mile, respectively. Savannah MSA, CSA, and Primary Trade Area County Estimates by the U.S. Census Bureau. Source: U.S. Department of Commerce, Census Bureau, Annual Population Estimates retrieved 12/16/21. NOTE: The Census Bureau's population estimates are revised: numbers for previous years have been updated. NOTE: Statesboro/Bulloch County added to the CSA in 2013. Jesup/Wayne County added to CSA in 2018. Chatham 265,799 289,309 289,166 289,430 289,463 0.9% 0.0% 426:680 Effingham 52,464 60,086 62,228 64,296 65,765 2.5% 2.3% 478:138 Bryan 30,377 36,999 38,059 39,627 40,755 3.4% 2.8% 436:94 Savannah MSA 348,640 386,394 389,453 393,353 395,983 1.4% 0.7% 1340:296 Liberty 62,765 61,619 60,606 61,435 63,004 0.0% 2.6% 490:128 Bulloch 70,559 75,991 77,242 79,608 80,839 1.5% 1.5% 673:120 Wayne 30,074 29,797 29,810 29,927 30,023 0.0% 0.3% 642:47 Long 14,574 18,780 19,091 19,559 20,171 3.8% 3.1% 400:50 Beaufort (SC) 162,829 186,497 188,876 192,122 195,656 2.0% 1.8% 576:340 Jasper (SC) 24,948 28,522 29,147 30,073 31,588 2.7% 5.0% 655:48 817,264 2019 583,882 806,077 Land Area (square miles): Persons Per Sq. Mile Savannah Primary Trade Area 714,389 1.2% 572,581 787,600 1.4% 794,225 576,202 3545:166 1.1% 1.4% 4885:167 526,612 Savannah/ Hinesville/ Statesboro CMSA 2017 2010-2020 Average Annual Growth 2019-2020 Growth Area 2010 2018 2020 590,020

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