209 Gloucester Street, Ste 211 Brunswick, GA 31520

912-996-0315

     

Cost of Doing Business

In Southeast Georgia

The cost of living has a direct impact on the cost of doing business. Not only do businesses need to pay employees a living wage but businesses are subject to many of the same costs and taxes, such as supplies and property taxes, as their employees.

Cost of living can vary across the SEGA Alliance region, from 9% to 25% below the national average, but averages regionally about 18% lower than the U.S. average. This means your hard-earned dollars go further in our region. This low cost of living makes it easier for companies to offer competitive wages in a specific market within the region.

Cost of Living Comparison

SEGA Region Georgia United States
Per Capita Income $28,315 $35,086 $38,332
Average Household Income $72,344 $86,804 $97,962
Median Home Value $178,376 $249,700 $281,400
Median Monthly Rent $782 $1,026 $1,191

Source: Esri 2023, U.S. Census Bureau ACS 2021

SEGA Region Georgia United States
Avg. Weekly Wage $893 $1,265 $1,100
Avg. Wage Primary Industry $974 Government $1,050 Government $1,094 Education
Highest Avg. Wage $1,778 Chemical Mfg. $2,929 Utilities $2,089 Management

Source: Georgia Dept. of Labor, Area Labor Profiles, 2022; U.S. Bureau of Labor Statistics

Top 20 Occupations in the Region based on Avg. Weekly Wage

Description 2023 Jobs Avg. Weekly Wage
Chemical Manufacturing 52 $1,778
Paper Manufacturing 1,045 $1,534
Wood Products Manufacturing 152 $1,422
Machinery Manufacturing 228 $1,395
Food Processing 660 $1,249
Transportation and Material Moving 1,311 $1,204
Healthcare Practitioners and Technicians 7,752 $1,156
Wholesale Trade 1,819 $1,137
Finance & Insurance 1,626 $1,083
Construction 3,273 $1,054
Real Estate 873 $1,013
Professional/Scientific/Technical 2,402 $981
Government 16,088 $974
Fabricated Metal Manufacturing 158 $961
Agriculture/Forestry/Fishing/Hunting 420 $947
Administration 3,604 $833
Information 386 $762
Retail 4,014 $595
Arts/Entertainment/Recreation 1,450 $524
Accommodations & Food Service 10,679 $409

Source: Georgia Dept. of Labor, Area Labor Profiles, 2022

Numerous incentive programs administered by various departments of Georgia’s state government are designed to lessen the tax burden and overall cost of doing business for companies locating, relocating or expanding in Georgia.

Business Advantages
  • Right-to-work state
  • Low union presence
  • Top state for doing business ten years in a row by Area Development magazine
  • Best state climate for business for a record eight years in a row by Site Selection magazine
  • Corporate tax rate: 5.75%
Job Tax Credits
  • Tier 1 (2 counties) – $4,000 tax credit per new job, 2 new jobs minimum
  • Tier 2 (2 counties) – $3,000 tax credit per new job, 10 new jobs minimum
  • Tier 3 (2 counties) – $1,750 tax credit per new job, 15 new jobs minimum
  • Tier 4 (0 counties) – $1,250 tax credit per new job, 25 new jobs minimum
Available Land and Buildings

The land area represented by the SEGA Alliance totals more than 3,346 square miles and includes a lot of undeveloped land that is prime for development, with strong infrastructure already in place. Georgia Ready for Accelerated Development (GRAD) sites are available, as well as spec buildings ready to host your business. We have over 1,100 acres with I-95 frontage. Cost effective real estate ensures your investment can meet your budget, with acres upon acres of productive land ranging from green fields to fully developed industrial parks.

Water Resources

The Floridian Aquifer lies directly underground over 100,000 square miles that include the SEGA Alliance region, providing direct access to one of the world’s most productive aquifers. The aquifer produces 3,640 million gallons of water per day, allowing irrigation, industrial processes, and plentiful water.

209 Gloucester Street, Ste 211 Brunswick, GA 31520
912.996.3750

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