Richmond County, Georgia: commercial real estate data.
Richmond County, Georgia had an estimated 206,303 residents on July 1, 2024, down 0.1 percent since the 2020 census base of 206,601, across 324 square miles. County output reached $16.82 bn in 2024, 4,279 establishments operate here, and the SBA record carries 117 7(a) approvals worth $105.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Richmond County
How many people live in Richmond County
- Population, American Community Survey 2020-2024206,069
- Households76,694
- Average household size2.69
- Median household income$55,637
- Median age35.2
- Median gross rent$1,141 per month
- Median owner-occupied home value$178,500
- Home value to household income3.2 times
- Annual rent as a share of median income24.6 percent
- Adults 25 and over with a bachelor degree or higher24.6 percent
- Adults 25 and over with a graduate degree9.9 percent
- Adults 25 and over136,506
- Population under 1847,209
- Share under 1822.9 percent
- Population 65 and over31,570
- Share 65 and over15.3 percent
- Working age population, 18 to 64127,290
- Civilian labor force95,771
- Unemployment rate8.5 percent
- Labor force participation, adults 18 and over60.3 percent
- Rank by population among Georgia counties11th of 159
- Rank by population among US county-equivalents, Puerto Rico included342nd of 3,222
Richmond County is the 11th largest of 159 Georgia counties by population. A median home costs 3.2 times median household income, which is moderately unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 22.9 percent against 15.3 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Richmond County
Is Richmond County's population growing?
- Population, July 1, 2024206,303
- Census 2020 base population206,601
- Population change since the 2020 census base-0.14 percent
- Population change, 2023 to 2024657
- Births, 20242,822
- Deaths, 20242,287
- Natural change, 2024535
- Net domestic migration, 2024-341
- Net international migration, 2024463
- Total net migration, 2024122
- Cumulative net domestic migration, 2021 to 2024-2,510
- Rank by growth among US county-equivalents1888th of 3,144
The county has lost 0.14 percent of its population since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Richmond County
Where are people moving to Richmond County from?
- Tax returns filed by households arriving7,063
- People arriving, from those returns12,518
- Tax returns filed by households leaving7,554
- Net household movement-491
- Adjusted gross income arriving$329.3 m
- Net adjusted gross income movement$-61.2 m
- Average income of an arriving household$46,618
- Average income of a leaving household$51,688
- Largest single originColumbia County (1,392 households)
- Largest single destinationColumbia County (1,817 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Columbia County | 1,392 | 2,411 | $72.0 m |
| Aiken County | 514 | 901 | $22.3 m |
| Burke County | 217 | 450 | $7.3 m |
| Fulton County | 153 | 227 | $8.3 m |
| Foreign - APO/FPO ZIPs | 109 | 209 | $5.8 m |
| DeKalb County | 103 | 167 | $4.0 m |
| McDuffie County | 96 | 171 | $2.8 m |
| Cobb County | 82 | 126 | $4.2 m |
Households arriving report $5,070 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Columbia County, 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.
Richmond County
What is the Richmond County economy?
- County GDP, 2024$16.82 bn
- County GDP, 2023$16.05 bn
- GDP change, 2023 to 20244.8 percent
- GDP change over five years29.8 percent
- Rank by GDP among the Georgia areas BEA publishes8th of 159
- Rank by GDP among the US county areas BEA publishes299th of 3,127
- GDP per resident$81,606
Output grew 4.8 percent in the latest year and 29.8 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.
Richmond County
Employment by industry in Richmond County
- Covered employment, annual average104,210
- Establishments reporting5,155
- Average annual pay$58,481
- Average weekly wage$1,125
- Health care and social assistance, employment19,628
- Health care and social assistance, average annual pay$62,014
- Retail trade, employment10,263
- Retail trade, average annual pay$34,185
- Accommodation and food services, employment10,154
- Accommodation and food services, average annual pay$22,884
- Manufacturing, employment8,223
- Manufacturing, average annual pay$73,263
- Administrative and support and waste management services, employment7,928
- Professional, scientific and technical services, employment5,826
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 19,628 | 686 | $62,014 |
| Retail trade | 10,263 | 766 | $34,185 |
| Accommodation and food services | 10,154 | 504 | $22,884 |
| Manufacturing | 8,223 | 159 | $73,263 |
| Administrative and support and waste management services | 7,928 | 315 | $37,185 |
| Professional, scientific and technical services | 5,826 | 565 | $82,088 |
| Construction | 3,171 | 346 | $64,590 |
| Other services, except public administration | 3,125 | 360 | $43,393 |
Health care and social assistance is the largest private sector at 19,628 jobs, 18.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Richmond County
How many businesses are in Richmond County?
- Establishments, all industries4,279
- Employment at those establishments89,717
- Annual payroll$4.89 bn
- Establishments per 1,000 residents20.8
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Richmond County
Building permits in Richmond County
- Housing units authorized by permit, 2024558
- Declared construction value permitted$108.3 m
- Single family units authorized558
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$194,014
- Units authorized per 1,000 households7.3
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Richmond County
SBA loans in Richmond County (7(a) and 504)
- 7(a) approvals recorded117
- 7(a) gross approval dollars$105.7 m
- Average 7(a) approval$903,172
- Median 7(a) approval$506,500
- 10th percentile approval$45,080
- 90th percentile approval$2,304,800
- Largest single approval$4,476,000
- Jobs reported supported, 7(a)1,546
- Jobs per approval13.2
- Distinct 7(a) lenders active45
- Distinct industries receiving approvals61
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer40.2 percent
- Loans on real estate terms47
- Loans on working capital terms, 120 months or shorter61
- Franchise loans35
- Franchise share of approvals29.9 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (15)
- 504 approvals recorded59
- 504 gross approval dollars$51.9 m
- Average 504 approval$879,864
- Median 504 approval$602,000
- Distinct CDCs active5
- 504 jobs per approval11.4
- 504 jobs per million dollars approved13.0
- Most active CDCCSRA Local Development Corporation (51)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$157.6 m
The average approval of $903,172 sits well above the median of $506,500, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. 40.2 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.
Richmond County
SBA loan default and charge-off rates in Richmond County
Do SBA loans in Richmond County get paid back?
- Loans with a final outcome recorded27
- Paid in full26
- Charged off1
- Status: Exempt from disclosure68
- Status: Paid in full26
- Status: Cancelled15
- Status: Charged off1
- Status: Committed, not yet disbursed7
Only 27 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Richmond County
SBA lending by place in Richmond County
- Borrower cities with recorded lending3
- Augusta, approvals107
- Hephzibah, approvals9
- Martinez, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Augusta | 107 | $94,938,600 |
| Hephzibah | 9 | $8,752,500 |
| Martinez | 1 | $1,980,000 |
Augusta accounts for 107 approvals against 9 in Hephzibah. 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.
Richmond County
How large is Richmond County?
- Land area324 sq mi
- Rank by land area among Georgia counties89th of 159
- Width, east to west29 mi
- Height, north to south21.7 mi
- Geographies sharing a boundary6
- Residents per square mile of land636
- Establishments per square mile13.21
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.
Richmond County
Flood risk in Richmond County
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP2
- NFIP participation rate66.7 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 8
- Communities carrying a CRS class1
- Radon levels in Richmond County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The EPA places Richmond County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 8, which carries a flood insurance premium discount for policies written in that community. 66.7 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Richmond 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 Richmond County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024206,069
- Households76,694
- Average household size2.69
- Median household income$55,637
- Median age35.2
Common questions
Richmond County questions, answered from the record.
How many people live in Richmond County, Georgia?
The Census Bureau estimates 206,303 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 206,069, in 76,694 households, ranking 11th of 159 Georgia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Richmond County's population growing?
The population has fallen 0.14 percent since the 2020 census base of 206,601, to 206,303 on July 1, 2024. In 2024 there were 2,822 births against 2,287 deaths, with net migration of 122. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Richmond County?
$55,637. The median owner-occupied home is valued at $178,500, which is 3.2 times income, and median gross rent is $1,141 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Richmond County?
4,279 establishments, employing 89,717 people with an annual payroll of $4.89 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Richmond County?
Health care and social assistance is the largest private sector at 19,628 jobs, 18.8 percent of covered employment. Covered employment averages 104,210 jobs at an average annual pay of $58,481, or $1,125 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Richmond County?
117 7(a) approvals totaling $105.7 m since FY2020, across 45 lenders, with a median approval of $506,500, plus 59 504 approvals worth $51.9 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Richmond County?
558 housing units were authorized by permit in 2024, with a declared construction value of $108.3 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Richmond County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Richmond County come from?
The largest single origin is Columbia County, with 1,392 households. Arriving households report an average income of $46,618 against $51,688 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Richmond 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 Richmond County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Richmond County
Cities and places in Richmond.
2 Census places lie wholly or partly in Richmond County. All 2 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Hephzibah | city | 3,747 | 9 | Wholly in this county |
| Blythe | city | 806 | None recorded | 89.9 percent here, 10.1 percent Burke County |
A further 108 of the county's 117 SBA 7(a) approvals are to borrowers in cities that match no Census place in Richmond County, the largest being Augusta (107), Martinez (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.