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Cobb County Government
Office of Economic Development


Michael Hughes, AICP
Director

100 Cherokee Street
Suite 450
Marietta, GA 30090
(770) 528-2607
(770) 528-2636 fax


Office Hours:
8 a.m. - 5 p.m.
Monday through Friday

Office of Economic Development
About Cobb County



Cobb County Key Economic Measures*


2007 2008 2009 %(07'-'09)
Retail Sales (4) (BOC fiscal year) $ 13.4 Billion $ 14.3 Billion $ 12.4 Billion 13.3% decrease
Employment (2)
Residents Employed 380,659 364,938 333,075 8.7% decrease
Labor Force 382,689 388,551 368,548 5.1% decrease
Unemployment Rates 4.0% (Oct. '07) 6.1% (Oct. '08) 9.6% (Oct. '09) Below State Rate of 10.2% (Oct. '09)
Income
Income Per Capita (current $) $ 43,544 $ 43,946 $ 42,907 2.4% decrease
Median Household Income (6) $ 65,836 $ 65,123 $ 67,877 4.2% increase
Bank Deposits (1)(as of June 30 each yr) $ 9.9 Billion $ 10.7 Billion $ 10.5 Billion 1.9% decrease
Credit Rating Triple-A Triple-A Triple-A 13 Years Running
Tax Rates 9.60 mills 9.60 mills 9.60 mills N/A
Crime Rate (per 1,000 Population) 20.31 20.8 18.7 10.1% decrease
Residential Single Family Homes New Median Price (6) $ 294,000 $ 306,620 $ 268,389 12.5% decrease
Residential Single Family Homes Existing Median Price (6) $ 188,000 $ 186,000 $ 173,000 7% decrease

Sources: (1) FDIC (2) GA DOL (3) Woods & Poole Economics Projected (4) Cobb County Treasury Department (5) Office of Economic Development (6) Atlanta Journal Constitution (7) US Census Bureau

(*) Updated December 2009

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