Richmond County, Georgia: commercial real estate data.
Richmond County, Georgia has a population of 206,069 across 324 square miles, down 0.1 percent since the 2020 census base. County output reached $16.82 bn in 2024, 4,279 establishments operate here, and the SBA record carries 117 7(a) approvals worth $105.7 m.
126 sourced county values · tier FULL · 12 sections
Richmond County
How many people live in Richmond County
- Population206,069
- Households76,694
- Average household size2.69
- Median household income$55,637
- Median age35.2
- Median gross rent$1,141 per month
- Median owner-occupied home value$178,500
- Home value to household income3.2 times
- Annual rent as a share of median income24.6 percent
- Adults 25 and over with a bachelor degree or higher24.6 percent
- Adults 25 and over with a graduate degree9.9 percent
- Adults 25 and over136,506
- Population under 1847,209
- Share under 1822.9 percent
- Population 65 and over31,570
- Share 65 and over15.3 percent
- Working age population, 18 to 64127,290
- Civilian labor force95,771
- Unemployment rate8.5 percent
- Labor force participation, adults 18 and over60.3 percent
- Rank by population among Georgia counties11th of 159
- Rank by population among US county-equivalents342nd
Richmond County is the 11th largest of 159 Georgia counties by population. A median home costs 3.2 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.9 percent against 15.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Richmond County
Is Richmond County growing
- Population change since the 2020 census base-0.14 percent
- Census 2020 base population206,601
- Births, 20242,822
- Deaths, 20242,287
- Natural change, 2024535
- Net domestic migration, 2024-341
- Net international migration, 2024463
- Total net migration, 2024122
- Cumulative net domestic migration, 2021 to 2024-2,510
- Rank by growth among US county-equivalents1888th
The county has lost 0.14 percent of its population since the 2020 census base.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Richmond County
Where people moving to Richmond County come from
- Tax returns filed by households arriving7,063
- People arriving, from those returns12,518
- Adjusted gross income arriving$329.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$46,618
- Largest single originRichmond County Non-migrants (66,992 households)
- Largest single destination (66,992 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Richmond County Non-migrants | 66,992 | 129,333 | $3.80 bn |
| Other flows - Different State | 2,190 | 3,878 | $107.4 m |
| Columbia County | 1,392 | 2,411 | $72.0 m |
| Other flows - South | 1,217 | 2,222 | $60.4 m |
| Aiken County | 514 | 901 | $22.3 m |
| Other flows - Same State | 487 | 819 | $20.0 m |
| Other flows - Northeast | 359 | 604 | $16.8 m |
| Other flows - Midwest | 325 | 562 | $16.6 m |
The largest single source of arrivals is Richmond County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Richmond County
What the Richmond County economy runs on
- County GDP, 2024$16.82 bn
- County GDP, 2023$16.05 bn
- GDP change, 2023 to 20244.8 percent
- GDP change over five years29.8 percent
- Rank by GDP among Georgia counties8th
- Rank by GDP among US county-equivalents299th
- GDP per resident$81,606
Output grew 4.8 percent in the latest year and 29.8 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Richmond County
Who employs people in Richmond County
- Covered employment, annual average104,210
- Establishments reporting5,155
- Average annual pay$58,481
- Average weekly wage$1,125
- Sector 62, employment19,628
- Sector 62, average annual pay$62,014
- Sector 44-45, employment10,263
- Sector 44-45, average annual pay$34,185
- Sector 72, employment10,154
- Sector 72, average annual pay$22,884
- Sector 31-33, employment8,223
- Sector 31-33, average annual pay$73,263
- Sector 56, employment7,928
- Sector 54, employment5,826
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 19,628 | 686 | $62,014 |
| Sector 44-45 | 10,263 | 766 | $34,185 |
| Sector 72 | 10,154 | 504 | $22,884 |
| Sector 31-33 | 8,223 | 159 | $73,263 |
| Sector 56 | 7,928 | 315 | $37,185 |
| Sector 54 | 5,826 | 565 | $82,088 |
| Sector 23 | 3,171 | 346 | $64,590 |
| Sector 81 | 3,125 | 360 | $43,393 |
The largest sector is the biggest private employer group at 19,628 jobs, 18.8 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Richmond County
What businesses operate in Richmond County
- Establishments, all industries4,279
- Employment at those establishments89,717
- Annual payroll$4.89 bn
- Establishments per 1,000 residents20.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Richmond County
What is being built in Richmond County
- Housing units authorised by permit, 2024558
- Declared construction value permitted$108.3 m
- Single family units authorised558
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$194,014
- Units authorised per 1,000 households7.3
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Richmond County
How much SBA lending happens in Richmond County
- 7(a) approvals recorded117
- 7(a) gross approval dollars$105.7 m
- Average 7(a) approval$903,172
- Median 7(a) approval$506,500
- 10th percentile approval$37,700
- 90th percentile approval$2,606,000
- Largest single approval$4,476,000
- Jobs reported supported, 7(a)1,546
- Jobs per approval13.2
- Distinct 7(a) lenders active45
- Distinct industries receiving approvals61
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer40.2 percent
- Loans on real estate terms47
- Loans on working capital terms, 120 months or shorter61
- Franchise loans35
- Franchise share of approvals29.9 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (15)
- Most active lenderHomeTrust Bank (7)
- 504 approvals recorded59
- 504 gross approval dollars$51.9 m
- Average 504 approval$879,864
- Median 504 approval$602,000
- Distinct CDCs active5
- 504 jobs per approval11.4
- 504 jobs per million dollars approved13.0
- Most active CDCCSRA Local Development Corporation (51)
- 7(a) share of SBA approvals66.5 percent
- Combined SBA approval dollars$157.6 m
The average approval of $903,172 sits well above the median of $506,500, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. 40.2 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Richmond County
Do SBA loans in Richmond County get paid back
- Loans with a final outcome recorded27
- Paid in full26
- Charged off1
- Charge off rate on resolved loans3.7 percent
- Status: Exempt from disclosure68
- Status: Paid in full26
- Status: Cancelled15
- Status: Charged off1
- Status: Committed, not yet disbursed7
Of the 27 loans that have reached a final outcome, 3.7 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Richmond County
Which parts of Richmond County get the lending
- Places in the county with recorded lending3
- Augusta, approvals107
- HEPHZIBAH, approvals9
- Martinez, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Augusta | 107 | $94,938,600 |
| HEPHZIBAH | 9 | $8,752,500 |
| Martinez | 1 | $1,980,000 |
Augusta accounts for 107 approvals against 9 in HEPHZIBAH. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Richmond County
How big is Richmond County
- Land area324 sq mi
- Rank by land area among Georgia counties89th of 159
- Width, east to west29 mi
- Height, north to south21.7 mi
- Geographies sharing a boundary4
- Residents per square mile of land636
- Establishments per square mile13.21
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Richmond County
What hazards affect Richmond County
- EPA radon zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
- Communities in the NFIP Community Status Book3
- Of those, participating in the NFIP2
- NFIP participation rate66.7 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class1
The EPA places the county in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The best Community Rating System class in the county is 7, which carries a flood insurance premium discount for properties in the participating community.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Richmond County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Richmond County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population206,069
- Households76,694
- Average household size2.69
- Median household income$55,637
- Median age35.2
Common questions
Richmond County questions, answered from the record.
How many people live in Richmond County, Georgia?
206,069, in 76,694 households, ranking 11th of 159 Georgia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Richmond County growing?
The population has fallen 0.14 percent since the 2020 census base. In 2024 there were 2,822 births against 2,287 deaths, with net migration of 122. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Richmond County?
$55,637. The median owner-occupied home is valued at $178,500, which is 3.2 times income, and median gross rent is $1,141 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Richmond County?
4,279 establishments, employing 89,717 people with an annual payroll of $4.89 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Richmond County?
Average annual pay is $58,481, or $1,125 a week, across 104,210 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Richmond County?
117 7(a) approvals totalling $105.7 m since FY2020, across 45 lenders, with a median approval of $506,500, plus 59 504 approvals worth $51.9 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Richmond County get paid back?
Of the 27 loans that have reached a final outcome, 26 were paid in full and 1 charged off, a charge off rate of 3.7 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Richmond County?
558 housing units were authorised by permit in 2024, with a declared construction value of $108.3 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Richmond County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Richmond County come from?
The largest single origin is Richmond County Non-migrants, with 66,992 households. Arriving households report an average income of $46,618 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Richmond County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Richmond County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.