MARKET: ATLANTA |
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OVERVIEW
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As of July 2006, the Atlanta metropolitan area had an estimated population of 5,138,223.[57] According to the 2000 census, there were 416,474 people (486,411 in the July 2006 estimate),[58] 168,147 households, and 83,232 families residing in the city proper. The population density was 3,161 people per square mile (1,221/km¬¾). There were 186,925 housing units at an average density of 1,419/sq mi (548/km¬¾). The racial makeup of the city was 59.39% African American (Black), 33.22% White, 2.93% Asian, 0.18% Native American, 0.04% Pacific Islander, 1.99% from other races, and 1.24% from two or more races. 6.49% of the population were Hispanic or Latino of any race.[59] The city also has the third highest percentage (12.8%) of gay, lesbian, and bisexual couples among the fifty largest cities in the United States.[60]
There were 168,147 households out of which 22.4% had children under the age of 18 living with them, 24.5% were married couples living together, 20.7% had a female householder with no husband present, and 50.5% were non-families. 38.5% of all households were made up of individuals and 8.3% had someone living alone who is 65 years of age or older. The average household size was 2.30 and the average family size was 3.16.
In the city the population was spread out with 22.3% under the age of 18, 13.3% from 18 to 24, 35.2% from 25 to 44, 19.4% from 45 to 64, and 9.7% who were 65 years of age or older. The median age was 32 years. For every 100 females there were 98.6 males. For every 100 females age 18 and over, there were 97.6 males.
The median income for a household in the city was $51,482 and the median income for a family was $55,939. Males had a median income of $36,162 compared to $30,178 for females. The per capita income for the city was $29,772, and 24.4% of the population and 21.3% of families were below the poverty line, including 38.8% of those under the age of 18 and 20.7% of those 65 and older.
According to a 2000 daytime population estimate by the Census Bureau,[61] over 250,000 more people commuted to Atlanta on any given workday, boosting the city's estimated daytime population to 676,431. This is an increase of 62.4% over Atlanta's resident population, making it the largest gain in daytime population in the country among cities with fewer than 500,000 residents.
According to census estimates, Metropolitan Atlanta is the fastest growing area in the nation since 2000 by numerical increase.[62]
Atlanta is also seeing a unique and drastic demographic increase in its white population, and at a pace that outstrips the rest of the nation. The white share of the city's population, says Brookings Institution, grew faster between 2000 and 2006 than that of any other U.S. city. It increased from 31 percent in 2000 to 35 percent in 2006, a numeric gain of 26,000, more than double the increase between 1990 and 2000. The trend seems to be gathering strength with each passing year. Only Washington, D.C. saw a comparable increase in white population share during those years.[63]
Atlanta is also home to the fastest growing millionaire population in the United States. The number of households in Atlanta with $1 million or more in investable assets, not including primary residence and consumable goods, will increase 69% through 2011, to approximately 103,000 households.[64]
