The "Capital of the South," Atlanta, is a vibrant economic powerhouse, a center for higher learning, and a highly sought-after travel location. It is a preferred destination for daily travelers since it provides a range of residential, business, industrial, and agricultural sectors. According to Penske Truck Rental, Atlanta has five noteworthy features that rank it among the top five places in the nation to move. These resources, which KNOWAtlanta Magazine explores, offer a significant benefit to newcomers, locals, tourists, and everyone in between. Explore Atlanta by booking DTW flights to Atlanta.
The Commercial Community With more than 330 international and North American headquarters, including 31 Fortune 500 and 1000 firms, Atlanta has a substantial footprint in the global economy, according to the Metro Atlanta Chamber. The city is a center for manufacturing, healthcare, creative industries, technology, and life sciences. The region is home to more than 200 startup businesses, and the burgeoning fintech sector employs over 42,000 people and generates $42 billion in yearly revenue. The city frequently draws up-and-comers.
With three million square feet of sound stages and an anticipated seven million square feet by 2024, Georgia has emerged as the leading state for film production. Hollywood producers are drawn to the state because of its aggressive tax incentives, pleasant climate, and easy access to transportation. Actors can be moved, and local crew people can be hired for set construction and other jobs. Popular TV programs like "The Walking Dead," "Stranger Things," and "Avengers: Endgame" were filmed in Georgia.
Expenses for Living
In terms of cost of living, Atlanta is ranked 16th among the top 25 largest metro areas, just above Pittsburgh and below Las Vegas. The cost of living is roughly 1.8% more expensive than the national average. Atlanta is one of the most desirable financial locations for individuals and families, with a 149% and 96% higher cost of living than New York and San Francisco, and a sizable influx of immigrants from the West Coast and Northeast each year.
A total of 5,486 residential sales were reported in 11 counties in the May 2023 Market Brief, indicating that the metro area's high housing costs are luring broader markets. While the average sales price grew by 1.2%, the median sales price declined by 2.3% from May 2022. The state housing costs are 26% less than the national average, notwithstanding certain neighborhood price rises. The housing expenses in the metro area play a big role in the economic development of the area.
Opportunities for Education
For linking early learning, higher education, and the working world, Georgia's K–12 education system is ranked first in the country. There is something for every family's needs thanks to a well-regarded public school system and a broad selection of private school choices. 57 colleges and universities, including Agnes Scott College, Clark Atlanta University, Emory University, Georgia State University, Georgia Tech, Kennesaw State University, Morehouse College, Oglethorpe University, Savannah College of Art & Design, and Spelman College, are accessible to 250,000 students in the Theneeds metro area. Atlanta is also the top big college city in the US and the second-best metro area for good engineering schools.
The diverse college campuses in Atlanta, a thriving city, offer students a range of opportunities. Students can choose on-campus and rented accommodation, as well as a variety of sports and entertainment activities, from the charming neighborhoods of Druid Hills to the trendy Midtown area next to Georgia Tech. The spectrum of academic specialties available in Atlanta includes engineering, the arts, business, law, and medicine. Students can also pursue internships or co-op work experiences with the several significant corporations in the city and its environs, making connections for their future employment. According to APD Urban Planning, 77% of college graduates in metro Atlanta decide to remain and pursue their careers with regional businesses. If you want to know more about Atlanta then book a flight from Detroit to Atlanta.