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Atlanta, GA (Vocus) April 28, 2009
Johns Creek, the new municipality in Fulton County's northeastern corner, is the wealthiest city in Georgia and the 95th wealthiest in the nation according to a recently-released study by Bizjournals. The median household income in Johns Creek is $108,416, and the average home value is $335,900.
Other Georgia cities listed among the nation's top 250 wealth centers are Sandy Springs (123), Dunwoody (130), Alpharetta (203) and Peachtree City (230). Cities were ranked according to 10 factors retrieved from US Census data, including income levels, home sizes and values, number of cars owned and educational attainment.
In Johns Creek, 39.6 percent of homes have nine or more rooms, indicative of the above average size of new homes in North Fulton. Five percent of Johns Creek households own four or more cars, requiring more garage space. These factors contribute to the high median home value, which is almost $15,000 higher than in nearby Alpharetta. In that popular city, median home value is $321,800, 30 percent of homes have more than nine rooms and 2.2 percent of households own four or more cars.
Two DeKalb County cities, located much further in and more indicative of new homes in Intown Atlanta, were ranked the next highest among Georgia's wealth centers. Homes appear to be smaller on average, but values are higher. In Sandy Springs, median home value is $451,200, with 20.1 percent having more than nine rooms. In Dunwoody, median home value is $393,700, with 28.1 percent having more than nine rooms.
Peachtree City was the only South Atlanta location ranked among the nation's wealth centers. Buyers looking for new homes in this Southside Atlanta location will find an average home value of $266,800, with 26.2 percent of homes having more than nine rooms. Homebuyers will likely find spacious garages in Fayette County, too, with 6.2 percent of Peachtree City households owning four or more cars.
About Atlanta Real Estate Forum:
Atlanta Real Estate Forum covers the Atlanta Real Estate market seven days a week. As one of Atlanta's only daily real estate news mediums, many new homebuyers turn to the blog to find information on Atlanta new home communities and home builders. Many in the real estate industry rely on the blog as their primary source of real estate news.
AtlantaRealEstateForum.com is the City's most successful real estate blog. It is the recipient of the following prestigious awards Gold OBIE, Greater Atlanta Home Builders Association for Best Interactive Marketing 2007; Gold OBIE, Greater Atlanta Home Builders Association for Best Marketing Promotion 2007; Gold Phoenix Award, PRSA Georgia Chapter for Best Blog 2007; and Gold Hermes Award for Best Blog 2008.
For more information on AtlantaRealEstateForum.com, contact mRELEVANCE at 770-383-3360 or news(at)atlantarealestateforum.com.
mRELEVANCE, LLC, is a public relations, Internet marketing and social media firm designed to meet client needs in a changing marketplace by building online and off line relationships that are relevant to client success. Combining the talents and resources of public relations and social media firm Flammer Relations with the power of Internet marketing services at MLC New Home Marketing, mRELEVANCE implements a combination of traditional PR services and up-to-date Web 2.0 tools (e-mail marketing, search engine optimization, social media and others) to create relevant results for clients.
With offices in Atlanta and Chicago, we can connect your company with buyers and build relevant relationships nationwide. For more information, visit http://www.mRELEVANCE.com or call 770-383-3360 or 847-259-7312.
"…mRELEVANCE…because all MARKETING should be RELEVANT…"
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