Mansions for Sale in Georgia

Average Mansion and Luxury Home Prices in Georgia

Sea Island	Glynn	GA	1,947,500
Atlanta	Fulton	GA	925,000

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General
As of 2008 Georgia is the ninth-largest state in the nation by population, with an estimated 9,685,744 residents. From 2007 to 2008, Georgia had 14 counties among the nation's 100 fastest-growing counties, second only to Texas. Georgia is also known as the Peach State and the Empire State of the South. Atlanta is the capital, and the most populous city.

Economy
Georgia's 2007 total gross state product was $396 billion. Its Per Capita personal income for 2007 puts it 37th in the nation at $33,499. If Georgia were a stand-alone country, it would be the 28th largest economy in the world.

There are 15 Fortune 500 companies and 26 Fortune 1000 companies headquartered in Georgia. Companies like Home Depot, Coca Cola, Delta Air Lines, UPS, AFLAC, Southern Company, and SunTrust Banks have made thier home in Georgia. Georgia has over 1,700 internationally headquartered facilities representing 43 countries, employing more than 112,000 Georgians with an estimated capital investment of $22.7 billion.

Taxes
Georgia's individual income tax ranges from 1% to 7% within six tax brackets. There is a 4% state sales tax, which is not applied to prescription drugs, certain medical devices, and groceries. Each county may add up to a 2% SPLOST. Counties participating in MARTA have another 1%; MARTA is the only major metropolitan rapid transit authority in the U.S. not to receive state funding. The city of Atlanta (in two counties, roughly 90% in Fulton and 10% in Dekalb) has the only city sales tax (1%, total 8%) for fixing its aging sewers. Local taxes are almost always charged on groceries but never prescriptions. Up to 1% of a SPLOST can go to homestead exemptions (the HOST). All taxes are collected by the Georgia Department of Revenue and then properly distributed according to any agreements that each county has with its cities.

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