Thomas County, Georgia: commercial real estate data.
Thomas County, Georgia has a population of 45,777 across 545 square miles, up 0.6 percent since the 2020 census base. County output reached $3.17 bn in 2024, 1,220 establishments operate here, and the SBA record carries 25 7(a) approvals worth $17.5 m.
123 sourced county values · tier FULL · 12 sections
Thomas County
How many people live in Thomas County
- Population45,777
- Households18,684
- Average household size2.45
- Median household income$60,736
- Median age39.8
- Median gross rent$1,018 per month
- Median owner-occupied home value$196,700
- Home value to household income3.2 times
- Annual rent as a share of median income20.1 percent
- Adults 25 and over with a bachelor degree or higher22.7 percent
- Adults 25 and over with a graduate degree8.2 percent
- Adults 25 and over31,271
- Population under 1810,796
- Share under 1823.6 percent
- Population 65 and over8,720
- Share 65 and over19.0 percent
- Working age population, 18 to 6426,261
- Civilian labor force22,501
- Unemployment rate5.6 percent
- Labor force participation, adults 18 and over64.3 percent
- Rank by population among Georgia counties46th of 159
- Rank by population among US county-equivalents1086th
Thomas County is the 46th 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 23.6 percent against 19.0 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Thomas County
Is Thomas County growing
- Population change since the 2020 census base0.55 percent
- Census 2020 base population45,800
- Births, 2024572
- Deaths, 2024605
- Natural change, 2024-33
- Net domestic migration, 2024382
- Net international migration, 202443
- Total net migration, 2024425
- Cumulative net domestic migration, 2021 to 2024595
- Rank by growth among US county-equivalents1631st
The county has grown 0.55 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Thomas County
Where people moving to Thomas County come from
- Tax returns filed by households arriving1,069
- People arriving, from those returns2,033
- Adjusted gross income arriving$70.6 m
- Net adjusted gross income movement$0
- Average income of an arriving household$66,060
- Largest single originThomas County Non-migrants (15,042 households)
- Largest single destination (15,042 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Thomas County Non-migrants | 15,042 | 31,339 | $1.09 bn |
| Other flows - Different State | 422 | 770 | $31.8 m |
| Other flows - South | 309 | 560 | $24.6 m |
| Other flows - Same State | 214 | 372 | $12.2 m |
| Grady County | 135 | 284 | $5.5 m |
| Leon County | 91 | 168 | $4.9 m |
| Colquitt County | 60 | 139 | $2.4 m |
| Brooks County | 42 | 80 | $1.6 m |
The largest single source of arrivals is Thomas 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.
Thomas County
What the Thomas County economy runs on
- County GDP, 2024$3.17 bn
- County GDP, 2023$3.02 bn
- GDP change, 2023 to 20244.8 percent
- GDP change over five years38.1 percent
- Rank by GDP among Georgia counties39th
- Rank by GDP among US county-equivalents940th
- GDP per resident$69,155
Output grew 4.8 percent in the latest year and 38.1 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.
Thomas County
Who employs people in Thomas County
- Covered employment, annual average20,952
- Establishments reporting1,737
- Average annual pay$55,040
- Average weekly wage$1,058
- Sector 62, employment4,046
- Sector 62, average annual pay$65,635
- Sector 31-33, employment2,799
- Sector 31-33, average annual pay$85,571
- Sector 44-45, employment2,493
- Sector 44-45, average annual pay$34,775
- Sector 72, employment1,967
- Sector 72, average annual pay$20,901
- Sector 56, employment1,469
- Sector 52, employment986
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 62 | 4,046 | 186 | $65,635 |
| Sector 31-33 | 2,799 | 96 | $85,571 |
| Sector 44-45 | 2,493 | 254 | $34,775 |
| Sector 72 | 1,967 | 128 | $20,901 |
| Sector 56 | 1,469 | 114 | $45,128 |
| Sector 52 | 986 | 103 | $76,833 |
| Sector 54 | 543 | 122 | $72,213 |
| Sector 81 | 539 | 120 | $33,193 |
The largest sector is the biggest private employer group at 4,046 jobs, 19.3 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Thomas County
What businesses operate in Thomas County
- Establishments, all industries1,220
- Employment at those establishments19,189
- Annual payroll$1.04 bn
- Establishments per 1,000 residents26.7
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.
Thomas County
What is being built in Thomas County
- Housing units authorised by permit, 2024213
- Declared construction value permitted$42.1 m
- Single family units authorised141
- Multifamily units authorised72
- Multifamily share of units33.8 percent
- Average declared value per unit$197,546
- Units authorised per 1,000 households11.4
Multifamily is 33.8 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Thomas County
How much SBA lending happens in Thomas County
- 7(a) approvals recorded25
- 7(a) gross approval dollars$17.5 m
- Average 7(a) approval$700,196
- Median 7(a) approval$400,000
- 10th percentile approval$100,000
- 90th percentile approval$1,990,000
- Largest single approval$3,194,000
- Jobs reported supported, 7(a)296
- Jobs per approval11.8
- Distinct 7(a) lenders active12
- Distinct industries receiving approvals18
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer32.0 percent
- Loans on real estate terms8
- Loans on working capital terms, 120 months or shorter15
- Franchise loans7
- Franchise share of approvals28.0 percent
- Leading industry by approval countGasoline Stations with Convenience Stores (3)
- Most active lenderCeltic Bank Corporation (7)
- 504 approvals recorded12
- 504 gross approval dollars$11.5 m
- Average 504 approval$955,000
- Median 504 approval$606,000
- Distinct CDCs active4
- 504 jobs per approval12.6
- 504 jobs per million dollars approved13.2
- Most active CDCCSRA Local Development Corporation (5)
- 7(a) share of SBA approvals67.6 percent
- Combined SBA approval dollars$29.0 m
The average approval of $700,196 sits well above the median of $400,000, 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. 32.0 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.
Thomas County
Do SBA loans in Thomas County get paid back
- Loans with a final outcome recorded5
- Paid in full5
- Charged off0
- Status: Paid in full5
- Status: Exempt from disclosure11
- Status: Cancelled6
- Status: Committed, not yet disbursed3
Too few loans have reached a final outcome to publish a charge off rate. only 5 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Thomas County
Which parts of Thomas County get the lending
- Places in the county with recorded lending3
- Thomasville, approvals23
- MEIGS, approvals1
- BOSTON, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Thomasville | 23 | $14,915,900 |
| MEIGS | 1 | $2,255,000 |
| BOSTON | 1 | $334,000 |
Thomasville accounts for 23 approvals against 1 in MEIGS. 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.
Thomas County
How big is Thomas County
- Land area545 sq mi
- Rank by land area among Georgia counties15th of 159
- Width, east to west22.8 mi
- Height, north to south29 mi
- Geographies sharing a boundary4
- Residents per square mile of land84
- Establishments per square mile2.24
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.
Thomas County
What hazards affect Thomas County
- EPA radon zone predicted average indoor radon screening level less than 2 pCi/LZone 3
- Communities in the NFIP Community Status Book6
- Of those, participating in the NFIP6
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
The EPA places the county in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L.
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 Thomas 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 Thomas County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population45,777
- Households18,684
- Average household size2.45
- Median household income$60,736
- Median age39.8
Common questions
Thomas County questions, answered from the record.
How many people live in Thomas County, Georgia?
45,777, in 18,684 households, ranking 46th of 159 Georgia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Thomas County growing?
The population has grown 0.55 percent since the 2020 census base. In 2024 there were 572 births against 605 deaths, with net migration of 425. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Thomas County?
$60,736. The median owner-occupied home is valued at $196,700, which is 3.2 times income, and median gross rent is $1,018 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Thomas County?
1,220 establishments, employing 19,189 people with an annual payroll of $1.04 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 Thomas County?
Average annual pay is $55,040, or $1,058 a week, across 20,952 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Thomas County?
25 7(a) approvals totalling $17.5 m since FY2020, across 12 lenders, with a median approval of $400,000, plus 12 504 approvals worth $11.5 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Thomas County?
213 housing units were authorised by permit in 2024, with a declared construction value of $42.1 m. Multifamily was 33.8 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Thomas County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Thomas County come from?
The largest single origin is Thomas County Non-migrants, with 15,042 households. Arriving households report an average income of $66,060 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 Thomas 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 Thomas 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.