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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


2005 2006 2007 %(05'-'07)
Retail Sales (4) (BOC fiscal year) $13 Billion $14.1 Billion $13.4 Billion + 3.02%
Employment (2)
Residents Employed 364,038 377,103 380,659 (Oct '07) +4.5%
Labor Force 382,213 393,239 382,689
Unemployment Rates 4.8% (Oct ’05) 4.1% (Oct ’06) 4.0% (Oct '07) Below State Rate of 4.7%
Income
Income Per Capita (current $) $40,412 (3a) $41,877 (3a) $43,544 (3a) + 7.8%
Median Household Income (6) $63,059 $65,649 $65,836 + 4.4%
Bank Deposits (1)(as of June 30 each yr) $8.1 Billion $9.1 Billion $9.9 Billion + 22.2%
Credit Rating Triple-AAA Triple-AAA Triple-AAA 10 Years Running
Tax Rates 9.72 mills 9.60mills 9.60mills Same as 2006
Crime Rate (per 1,000 Population) 21.5 21.5 20.31 Among the lowest in Metro Atlanta
Residential Single Family Homes New Median Sell Price (7) $238,000 $253,370 $294,000 + 23.5%
Residential Single Family Homes Existing Median Sell Price (7) $165,000 $182,000 $188,000 + 13.9%

Sources: (1) FDIC (2) GA DOL (3) Woods & Poole Economics (3a) Woods & Poole Economics-Projected (4) Cobb County Treasury Department (5) Smart Numbers (6) Office of Economic Development (7) Atlanta Journal Constitution (8) US Census Bureau

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