Best Places for Business and Careers 2019Best Places to Retire 2023
Savannah, GA
Georgia
Savannah, GA
Georgia
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gross metro product
$20.7B
population
389.5K
median household income
$57,971
median home price
$229,000
cost of living
3% below nat'l avg
college attainment
30.4%
net migration
350 (year: 2018)
unemployment
3.7%
As of October 2019
population
164.0K
median home price
$275,000
cost of living
88
As of May 2023
Each year Savannah attracts millions of visitors, who enjoy the city's architecture, historic buildings and culture. The city is home to the Telfair Academy of Arts and Sciences, the First African Baptist Church, Temple Mickve Israel and the Central of Georgia Railway roundhouse complex, the oldest standing antebellum rail facility in America. Savannah's downtown area, which includes the Savannah Historic District, the Savannah Victorian Historic District and 22 park-like squares, is one of the largest National Historic
Landmark Districts in the U.S.
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River city of 164,000, known for its historic city squares, 30 miles inland from Atlantic Ocean. Median home price of $275,000, 27% below national median. Cost of living 12% below national average. PROS: Comfortable climate, mild winters. Good air quality. Good ratio of physicians per capita. Very bikeable, somewhat walkable. Social Security benefits plus up to $65,000 per person of other retirement income exempt from state tax. No state estate tax. Relatively moderate vulnerability to natural hazards. CONS: Serious crime
rate slightly above national average. NOTED: Elevation 50 feet. County voted Democratic in 2020 presidential election. On list last year. TRIVIA: City originally prohibited all lawyers.
Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
Numbers as of October 2019
a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
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