Savannah Chamber

2018 Savannah Economic Trends

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6 Savannah Area Chamber of Commerce 2018 Economic Trends 4 Comparable Home Prices, Coldwell Banker Government City of Savannah Mayor, eight Aldermen, City Manager Chatham County Chairman, eight Commissioners, County Manager. Other Chatham County municipalities: Bloomingdale, Garden City, Pooler, Port Wentworth, Thunderbolt, Tybee Island, and Vernonburg Military 26,400 daily working population at Ft. Stewart & Hunter Army Airfield: 22,000 soldiers 4,400 civilian workers Total retired military personnel in Savannah and the surrounding area: 17,000 Taxation 2017 Property Tax on $230,000 home: Unincorporated Chatham County: $2,745 City of Savannah: $3,344 Sales Tax Chatham County: 7% tax on the purchase of all goods and some services and 3% tax on food items Other Counties: 7% tax on the purchase of all goods and some services and 3% tax on food items Room Tax 6% (plus 7% sales tax) Personal Income Tax Single: $230 on first $7,000 plus 6% of the balance Married: $340 on first $10,000 plus 6% of the balance Married filing separately: $170 on first $5,000 plus 6% of the balance Workforce—Savannah MSA 2012 156,000 2015 171,600 2013 160,200 2016 175,650 2014 165,400 2017 180,100 (through September) Non-Agricultural Employment U.S. Bureau of Labor Statistics Georgia is a "right to work" state. Air Transportation Savannah/Hilton Head International Airport has 41 daily nonstop flights. Airlines: American Airlines, jetBlue, Delta Air Lines, United Express Foreign Trade Zone 104 is located at the airport. Ground and Water Transportation: • CSX & Norfolk Southern Railroad • Amtrak • Airport/Amtrak Shuttle Service • Greyhound • Taxis and pedi-cabs • Chatham Area Transit (local bus system) • Water Ferry Port of Savannah – Georgia Ports Authority • Ships to 160+ countries • Direct shipping to 800+ ports • 30+ freighter lines • 50+ freight forwarders & custom brokers Highways/Interstates U.S. 17, 17A, 80; GA 21, I-16, I-95, I-516 Driving distance to: Atlanta – 250 miles Charleston – 110 miles Jacksonville – 140 miles 15 miles to Tybee Island and the Atlantic Ocean Economic Development Agencies Savannah Area Chamber of Commerce, 912.644.6400 or www.savannahchamber.com Savannah Economic Development Authority, 912.447.8450 or www.seda.org City of Savannah Community and Economic Development Bureau, 912.651.2363 or http://www.savannahga.gov/i.ndex.aspx?NID=477 Savannah Development and Renewal Authority, 912.651.6973 or www.sdra.net Average Housing Price City, State 2016 Miami, FL $393,824 Charleston, SC $369,031 Tampa, FL $299,579 Charlotte, NC $257,121 Atlanta, GA $242,550 Savannah, GA $226,624 Jacksonville, FL $209,507 Columbus, GA $155,851

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