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Richmond County, Georgia Economic Analysis


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Economic Analysis

People and the communities they live in depend on money. The people of Richmond County, Georgia need food, shelter, clothing, and medical care. Business formation and job creation are essential to this community. Money sustains infrastructure such as roads and airports as well as human resources including fire rescue and police protection.

Energy Costs In Georgia

    Residential
(cents per
kilowatthour)
Commercial
(cents per
kilowatthour)
Industrial
(cents per
kilowatthour)
Other
(cents per
kilowatthour)
Transportation
(cents per
kilowatthour)
Total
(cents per
kilowatthour)
1990              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.46 7.33 4.83 8.11 0.00 6.56
  Total Electric Industry 7.46 7.33 4.83 8.11 0.00 6.56
1991              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.50 7.36 4.78 8.54 0.00 6.56
  Total Electric Industry 7.50 7.36 4.78 8.54 0.00 6.56
1992              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.73 7.50 4.76 8.70 0.00 6.67
  Total Electric Industry 7.73 7.50 4.76 8.70 0.00 6.67
1993              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.79 7.44 4.74 8.50 0.00 6.71
  Total Electric Industry 7.79 7.44 4.74 8.50 0.00 6.71
1994              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.72 7.33 4.57 8.71 0.00 6.57
  Total Electric Industry 7.72 7.33 4.57 8.71 0.00 6.57
1995              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.85 7.32 4.52 8.60 0.00 6.62
  Total Electric Industry 7.85 7.32 4.52 8.60 0.00 6.62
1996              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.66 7.17 4.29 8.96 0.00 6.43
  Total Electric Industry 7.66 7.17 4.29 8.96 0.00 6.43
1997              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.74 7.11 4.13 9.05 0.00 6.37
  Total Electric Industry 7.74 7.11 4.13 9.05 0.00 6.37
1998              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.67 7.01 4.23 8.99 0.00 6.40
  Total Electric Industry 7.67 7.01 4.23 8.99 0.00 6.40
1999              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.56 6.67 4.15 8.47 0.00 6.24
  Total Electric Industry 7.56 6.67 4.15 8.47 0.00 6.24
2000              
  Energy-Only Providers 0.00 0.00 0.00 0.00 0.00 0.00
  Full-Service Providers 7.60 6.50 4.10 8.51 0.00 6.21
  Total Electric Industry 7.60 6.50 4.10 8.51 0.00 6.21
2001              
  Full-Service Providers 7.72 6.61 4.28 8.56 0.00 6.39
  Total Electric Industry 7.72 6.61 4.28 8.56 0.00 6.39
2002              
  Full-Service Providers 7.63 6.46 3.95 8.31 0.00 6.24
  Total Electric Industry 7.63 6.46 3.95 8.31 0.00 6.24
2003              
  Full-Service Providers 7.70 6.66 4.02 0.00 4.81 6.32
  Total Electric Industry 7.70 6.66 4.02 0.00 4.81 6.32
2004              
  Full-Service Providers 7.86 6.88 4.43 0.00 5.12 6.58
  Total Electric Industry 7.86 6.88 4.43 0.00 5.12 6.58
2005              
  Full-Service Providers 8.64 7.67 5.28 0.00 5.90 7.43
  Total Electric Industry 8.64 7.67 5.28 0.00 5.90 7.43
2006              
  Full-Service Providers 8.91 7.81 5.38 0.00 6.12 7.63
  Total Electric Industry 8.91 7.81 5.38 0.00 6.12 7.63

(updated 2006)



Time Leaving to Work in Richmond County, Georgia

12:00 A.M. TO 4:59 A.M.   : 4,410   (5.3%)
5:00 A.M. TO 5:29 A.M.   : 2,497   (3.0%)
5:30 A.M. TO 5:59 A.M.   : 3,655   (4.4%)
6:00 A.M. TO 6:29 A.M.   : 6,878   (8.2%)
6:30 A.M. TO 6:59 A.M.   : 8,638   (10.3%)
7:00 A.M. TO 7:29 A.M.   : 11,049   (13.2%)
7:30 A.M. TO 7:59 A.M.   : 13,566   (16.2%)
8:00 A.M. TO 8:29 A.M.   : 8,149   (9.7%)
8:30 A.M. TO 8:59 A.M.   : 4,170   (5.0%)
9:00 A.M. TO 9:59 A.M.   : 4,026   (4.8%)
10:00 A.M. TO 10:59 A.M.   : 1,994   (2.4%)
11:00 A.M. TO 11:59 A.M.   : 835   (1.0%)
12:00 P.M. TO 3:59 P.M.   : 5,915   (7.1%)
4:00 P.M. TO 11:59 P.M.   : 7,884   (9.4%)


(updated 2010)



Household Size By Vehicles Available
(Richmond County, Georgia)

1-person household:

No vehicle available : 3,650

1 vehicle available : 16,648

2 vehicles available : 3,640

3 vehicles available : 660

4 or more vehicles available : 93

2-person household:

No vehicle available : 1,300

1 vehicle available : 6,697

2 vehicles available : 11,604

3 vehicles available : 2,597

4 or more vehicles available : 817

3-person household:

No vehicle available : 704

1 vehicle available : 3,316

2 vehicles available : 4,319

3 vehicles available : 2,414

4 or more vehicles available : 722

4-or-more-person household:

No vehicle available : 1,012

1 vehicle available : 2,799

2 vehicles available : 4,803

3 vehicles available : 2,253

4 or more vehicles available : 1,472


(updated 2013)



Household Size By Number Of Workers In Household
(Richmond County, Georgia)

1-person household:

No workers : 11,719

1 worker : 12,972

2-person household:

No workers : 7,135

1 worker : 9,891

2 workers : 5,989

3-person household:

No workers : 2,524

1 worker : 4,559

2 workers : 3,449

3 workers : 943

4-or-more-person household:

No workers : 1,723

1 worker : 4,815

2 workers : 4,584

3 or more workers : 1,217


(updated 2013)



Means of Transportation To Work
(Richmond County, Georgia)

Car, truck, or van:

Drove alone : 66,433

Carpooled:

In 2-person carpool : 6,161

In 3-person carpool : 1,044

In 4-person carpool : 259

In 5- or 6-person carpool : 246

In 7-or-more-person carpool : 201

Public transportation (excluding taxicab):

Bus or trolley bus : 1,488

Streetcar or trolley car (carro publico in Puerto Rico) : 0

Subway or elevated : 0

Railroad : 0

Ferryboat : 0

Taxicab : 88

Motorcycle : 169

Bicycle : 329

Walked : 2,831

Other means : 340

Worked at home : 1,202


(updated 2013)



Travel Time To Work
(Richmond County, Georgia)

Less than 5 minutes : 1,744

5 to 9 minutes : 7,364

10 to 14 minutes : 14,879

15 to 19 minutes : 20,589

20 to 24 minutes : 15,124

25 to 29 minutes : 4,510

30 to 34 minutes : 7,778

35 to 39 minutes : 982

40 to 44 minutes : 1,145

45 to 59 minutes : 3,397

60 to 89 minutes : 1,129

90 or more minutes : 948


(updated 2013)



Occupations in Richmond County, Georgia

Male:


  • Management, Professional, And Related Occupations: 9,976  (25.5%)
  • Service Occupations: 6,320  (16.1%)
  • Sales And Office Occupations: 6,361  (16.2%)
  • Farming, Fishing, And Forestry Occupations 92  (0.2%)
  • Construction, Extraction, And Maintenance Occupations: 7,289  (18.6%)

Female:


  • Management, Professional, And Related Occupations: 14,129  (35.5%)
  • Service Occupations: 8,172  (20.6%)
  • Sales And Office Occupations: 13,566  (34.1%)
  • Farming, Fishing, And Forestry Occupations 37  (0.1%)
  • Construction, Extraction, And Maintenance Occupations: 365  (0.9%)


(updated 2010)





Employment Rate In Richmond County, Georgia

Employed: 85,004
Unemployed: 5,637



Minority Owned Firms of 100 or More in
Richmond County, Georgia

  • Total Black-owned firms of 100 or more, percent 2002: 21.6%
  • Total American Indian-and Alaska Native-owned firms of 100 or more, percent 2002: 0.0%
  • Total Asian-owned firms of 100 or more, percent 2002: 3.5%
  • Total Hispanic-owned firms of 100 or more, percent 2002: 2.1%
  • Total Native Hawaiian-and Other Pacific Islander-owned firms of 100 or more, percent 2002: 0.0%
  • Total women-owned firms of 100 or more, percent 2002: 26.9%
  • Other: 45.9%



Water Usage In Richmond County, Georgia

Ground Water

 
Fresh 24.26 Mgal/d
Saline 0.00 Mgal/d

Total 24.26 Mgal/d
 

Surface Water

 
Fresh 101.26 Mgal/d
Saline 0.00 Mgal/d

Total 101.26 Mgal/d





There are 300 Farms In Richmond County, Georgia


(updated 2008)



Banks In Richmond County, Georgia

Wells Fargo Bank, National Association - 12 Branches


    Bank Assets: $17.2b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 6,310

Suntrust Bank - 6 Branches


    Bank Assets: $1b
    Industry Specialization: Commercial Lending
    Total Offices: 1,514

Georgia Bank & Trust Company Of Augusta - 5 Branches


    Bank Assets: $8.8m
    Industry Specialization: Commercial Lending
    Total Offices: 12

Bank Of America, National Association - 5 Branches


    Bank Assets: $7.2b
    Industry Specialization: All Other > $1 Billion
    Total Offices: 5,094

Queensborough National Bank & Trust Company - 3 Branches


    Bank Assets: $2.4m
    Industry Specialization: Commercial Lending
    Total Offices: 22

Regions Bank - 3 Branches


    Bank Assets: $353.8m
    Industry Specialization: Commercial Lending
    Total Offices: 1,673

First Bank Of Georgia - 3 Branches


    Bank Assets: $1.5m
    Industry Specialization: Commercial Lending
    Total Offices: 7

Fifth Third Bank - 2 Branches


    Bank Assets: $260.3m
    Industry Specialization: Commercial Lending
    Total Offices: 1,348

First Community Bank - 1 Branches


    Bank Assets: $784.5k
    Industry Specialization: Commercial Lending
    Total Offices: 159

Synovus Bank - 1 Branches


    Bank Assets: $26.3m
    Industry Specialization: Commercial Lending
    Total Offices: 270

(updated 2014)







Airports Near Richmond County, Georgia

  • Daniel Field


    (about 2.7 miles in Augusta, Georgia; Airport Code: DNL)

  • Bush Field


    (about 5.6 miles in Augusta, Georgia; Airport Code: AGS)

  • Augusta Regional at Bush Field


    (about 5.6 miles in Augusta, Georgia; Airport Code: AGS)

  • Aiken Municipal


    (about 24.9 miles in Aiken, South Carolina; Airport Code: AIK)

  • Thomson McDuffie County


    (about 29.0 miles in Thomson, Georgia; Airport Code: GA5)

  • Barnwell County


    (about 38.8 miles in Hilda, South Carolina; Airport Code: BNL)

  • Barnwell Regional


    (about 38.8 miles in Hilda, South Carolina; Airport Code: BNL)

  • Greenwood County


    (about 57.3 miles in Greenwood, South Carolina; Airport Code: GRD)

  • Columbia Metropolitan


    (about 63.1 miles in West Columbia, South Carolina; Airport Code: CAE)

  • Statesboro Municipal


    (about 67.5 miles in Statesboro, Georgia; Airport Code: TBR)

  • Statesboro-Bulloch County


    (about 67.6 miles in Statesboro, Georgia; Airport Code: TBR)

  • Orangeburg Municipal


    (about 67.6 miles in Orangeburg, South Carolina; Airport Code: OGB)

  • Owens Field


    (about 70.2 miles in Columbia, South Carolina; Airport Code: CUB)

  • Jim Hamilton L. B. Owens


    (about 70.2 miles in Columbia, South Carolina; Airport Code: CUB)

  • McEntire Jngb


    (about 78.3 miles in Hopkins, South Carolina; Airport Code: MMT)

  • McNeil


    (about 80.0 miles in Cameron, South Carolina; Airport Code: VWJ)

  • Fairfield County


    (about 80.8 miles in Rion, South Carolina; Airport Code: SC2)

  • W H Bud Barron


    (about 81.6 miles in Dublin, Georgia; Airport Code: DBN)

  • Athens/Ben Epps


    (about 82.8 miles in Athens, Georgia; Airport Code: AHN)

  • Athens Municipal


    (about 82.8 miles in Athens, Georgia; Airport Code: AHN)


(updated 2015)



Modes of Transportation in Richmond County, Georgia

Car, Truck, Or Van:

 

Drove Alone

76.47%

Carpooled

14.63%

Public Transportation:

 

Bus Or Trolley Bus

0.97%

Streetcar Or Trolley Car

0.03%

Subway Or Elevated

0.02%

Railroad

0.0%

Ferryboat

0.01%

Taxicab

0.29%

Motorcycle

0.05%

Bicycle

0.22%

Walked

4.95%

Other Means

0.95%

Worked At Home

1.39%



(updated 2010)





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