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Richmond County, GA

RANK #925 / 1001 NAT  ·  #38 / 41 GA  ·  POP 206,069

1YR FORECAST: -1.0%

5YR OUTLOOK: +17%

Our model projects Richmond County's housing market at -1.0% over the next year, underperforming most U.S. counties.

[01] Why Richmond County?

Richmond County, Georgia, is perhaps best known as the home of Augusta, a city rich in history and natural beauty, situated along the Savannah River bordering South Carolina. The county offers a blend of urban amenities and outdoor recreation, with the Augusta Canal providing opportunities for historic boat tours, biking, and walking along its trails. The community provides access to various parks and green spaces, including the Phinizy Swamp Nature Preserve, which features miles of trails through wetlands. Life in Richmond County offers a balance of affordability and a relaxed pace. The local economy is stable, driven significantly by the healthcare sector, anchored by Augusta University, and the growing cybersecurity and defense industries, supported by institutions like Fort Eisenhower (formerly Fort Gordon). These sectors attract professionals and contribute to job creation. The county also sees ongoing private investment in housing and downtown revitalization, reflecting a focus on community development and providing diverse living options for its residents.

MARKET PROFILE

Idiosyncratic Markets

Richmond County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices +1.1% YoY, population +0.0%, wages +3.3%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
5.8x

Below national median (11.3x)

Home Prices
+1.1%

Below national median

Climate & Terrain
0.0

Moderate climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 5.8x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    U.S. Army Cyber Center of Excellence & Fort Gordon Military
    25,000+
  2. 2
    Augusta University Education
    5,000+
  3. 3
    NSA Augusta Government
  4. 4
    Augusta University Hospitals Healthcare
  5. 5
    Richmond County School System Education
    2,500+
  6. 6
    University Hospital Healthcare
  7. 7
    Augusta-Richmond County Government
  8. 8
    VA Medical Centers Healthcare
    1,000+
  9. 9
    Doctors Hospital Healthcare
  10. 10
    Automatic Data Processing Other

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Richmond County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
206,069
+0.01% YoY
Median Household Income
$55,637
Median Home Value
$178,500
+1.14% 12mo
Median Rent
$1,141
Average Annual Pay
$60,393
+3.3% YoY
Employment
104,216
0.0% YoY
Income-to-Home-Value
0.3117
More affordable than average
Migration Inflow
3.21%
of pop. from another state
Bachelor's Degree+
24.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$218,000
Days on Market
51
Moderate pace
Months of Supply
2.2
Seller's market
Sale-to-List Ratio
97.0%
Negotiation room for buyers
Sold Above List
15.6%
Listings w/ Price Drops
63.0%
Building Permits (2025)
534
Single-Family Permits
534

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

F
SAFETY
GRADE
Homicide Rate
16.5
per 100K · nat avg 6.3
Firearm Fatalities
23.1
per 100K · nat avg 14.8
Injury Deaths
109.4
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

C+
AIR QUALITY
GRADE
Median AQI (3yr)
50.3
Moderate
Good Air Days
49%
539 of 1,094 days
Unhealthy+ Days (3yr)
7
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
51
2022
49
2023
51
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$12,030M
TOTAL
PROJECT AMOUNT STATUS
Amazon Web Services (AWS) Data Center Campus
Amazon
$10,000M Under Construction
QTS Augusta Campus Data Center (Project Eisenhower)
QTS Data Centers (Blackstone)
$2,000M Under Construction
Fort Gordon Solar Facility
Georgia Power Co.
$30M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

Population Growth +0.0% 23 percentile
Income Growth +4.6% 86 percentile
Vacancy Rate 2.7% 1 percentile
Home Price Change +1.1% 41 percentile
Rent Growth -0.2% 10 percentile
Price/Rent 11x 95 percentile

Bars show percentile rank among all 1001 counties.

[09] Frequently Asked Questions

Is Richmond County, GA a good place to move to?

The data is not encouraging — Richmond County scores just 7/100 on the Boom Town Index, ranking #925 of 1001 counties. median household income of $55,637 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Richmond County affordable?

Housing in Richmond County is roughly in line with national affordability norms. The median home costs $178,500 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,141/month. Not a bargain, but not a stretch for most local earners either.

Is Richmond County growing or shrinking?

Population and employment in Richmond County are both close to flat — population +0.0% YoY and jobs 0.0%. Home values shifted +1.1% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Richmond County?

There's a moderate stream of newcomers. About 3.21% of residents moved from another state, which is above average and suggests Richmond County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Forsyth County, GA 7 Gwinnett County, GA 7 Fayette County, GA 8 Effingham County, GA 6 Newton County, GA 9 Chatham County, GA 5 Deschutes County, OR 7 Stafford County, VA 8