Regularly scheduled DDA board meetings are held on the second Thursday of each month at 8:30 a.m. at the DDA office
located at 936 Broad Street, Suite 107. This is a tentative schedule. Please call 706-722-8000 to confirm.

NOTICE: The regularly scheduled Downtown Advisory Panel meeting will be held on Wednesday, April 26, 2017 at 8:30 a.m. at the Westobou Gallery located at 1129 Broad Street, Augusta, GA 30901.

Images of Augusta

Demographics & Housing

Population

According to the 2000 U.S. Census, the total residential population of downtown Augusta is 2,661. This represents a decline from the peak 1990 population of 3,184. Between 1990 and 2000, however, the number of households increased from 1,460 to 1,540, suggesting that downtown is mirroring the trend of other downtowns in attracting more singles and childless couples.

The median age for downtown residents is 43, significantly higher than the Augusta (32.4) and national (35.3%) averages. Median age is reflected in the age distribution of downtown residents. Both the 25-54 and 55+ yrs distributions account for a relatively higher share of the population.

demographics chart

Downtown area residents have seen a substantial increase in average household incomes over the years. Between 1990 and 2000, average household income jumped from $14,367 to $34,808, an increase of 142.2%. In that same period, average household income Augusta-wide increased by 40.8%. Although downtown household income is still approximately $10,000 below the Augusta-wide rate and $20,000 below the national average, the rapid increase in downtown income is projected to continue as more workers choose to the make downtown their place of residence. The distribution of household incomes has also changed in the past decade as the percentage of lower income households has dropped. Between 1990 and 2005, the number of households earning $35,000 or more increased from 7.1% to 21.3%.

demographic chart

The net worth of downtown households varies. As a median, net worth of downtown households is $51,931, lower than the $67,279 Augusta-wide figure and the $107,683 national average. Average net worth, on the other hand, is $459,614, significantly above the Augusta-wide figure of $396,235 and closer to the $518,467 national average. The distribution of net worth is almost evenly split among households below $34,999 and those above $75,000.

net worth chart

Households and Housing

Three of every four downtown residents live in non-family households, a rate 3% higher than in 1990. Approximately 70% of residents are in 1-person households, followed by 2-person (17%) and 3+ person (14%) households.

rent chart

Rental units dominate the downtown housing market. Approximately 82.1% of all housing is rental, a rate more or less in line with the 81.3% figure reported in 1990. The percentage of rental units is far higher than the Augusta average and over 50% higher than the national average of 30.8%. The housing unit imbalance has prompted many in the development community to advocate for condominium housing to increase ownership rates.

housing chart

Downtown continues to lead Augusta and the metro area in density. In 2000, 1,069 of downtown’s 1,679 units were in structures containing 20 or more units, an increase of over 21.3% since 1990. In 1990, 54.5% of downtown residents lived in structures with 20+ units. By 2000, that number had risen to 63.6%. By contrast, just over 4.2% of Augusta residents reside in 20+ housing unit structures. Developers are responding to demand by providing more multi-unit housing, particularly rental units atop commercial establishments along Broad and Greene Streets. Population density, combined with recent government and private investment downtown, continues to fuel the growth of commercial establishments.

housing chart

By any measure, rental housing in downtown Augusta is affordable. In 2000, approximately 90.1% of units rented for $499 or less. At $292, downtown median rents are among the lowest in the nation.

housing chart

Owner occupied units within downtown account for only 8.1% of the total housing stock but represent diverse price ranges. The value of approximately half the owner units is below $100,000 while the remaining half is above $200,000. The absence of any housing in the $100,000 to $200,000 range points to another demand for specific housing types.

Both median and average downtown home values have risen substantially in the past decade. In 2000, the listed median value of a downtown home was $135,000, an increase of approximately $85,000 over the 1990 rate of $50,000. Similarly, average home values have increased from $108,807 to $160,195 between 1990 and 2000. Median and average home values Augusta-wide were $76,841 and $93,481 in 2000.

housing chart

Educational Attainment

Education attainment rates among downtown residents continue to rise. In 1990, approximately 52% of residents had not earned a high school diploma. By 2000, this percentage dropped to 40. The percentage of residents earning some college or Associate Degrees climbed from 11.5% to 18.5% while the percentage earning Bachelor’s or Graduate Degrees increased from 14.7% to 17.1%. The percentage of Bachelor’s+ educational attainment is quickly approaching the Augusta-wide rate (18.6%) and national average (24.4%).

educational chart

Employment

Approximately 799 downtown residents are employed in various sectors. A majority (64.2%) are employed in the service sector, followed by retail trade (12.8%) and manufacturing (7.4%). Slightly over 50% of downtown residents are classified as white-collar workers, encompassing management/business, professional, sales and administrative. Blue-collar workers make up 13.6% of the resident workforce and are represented in construction, production, transportation/moving and installation.

Lamar Building Photo
Lamar Building houses many downtown offices


Farmer's Market Photo
Farmer's Market is a popular downtown draw.


Downtown Residents Employment by Industry

 

Downtown
1-mile Radius
3-mile Radius
Employed Population Industry

Number of Employees

%

Number of  Employees

%

Number of  Employees

%

Agriculture/Mining

0

0%

2

0.1%

55

0.3%

Construction

19

2.4%

84

5.3%

1,016

5.5%

Manufacturing

59

7.4%

118

7.5%

1,515

8.2%

Wholesale Trade

1

0.1%

6

0.4%

296

1.6%

Retail Trade

102

12.8%

170

10.8%

2,236

12.1%

Transportation/Utilities

23

2.9%

80

5.1%

1,016

5.5%

Information

17

2.1%

21

1.3%

296

1.6%

Finance, Insurance & Real Estate

17

2.1%

24

1.5%

776

4.2%

Services

513

64.2%

1,000

63.4%

10,569

57.2%

Public Administration

48

6%

74

4.7%

684

3.7%

                         Total

799

 

1,580

 

18,459

 

Source: U.S. Bureau of the Census, 2000 (May not add to 100% due to rounding)

Downtown Residents Employment by Occupation

 

Downtown
1-mile Radius
3-mile Radius
Employed by Occupation

Number of Employees

%

Number of  Employees

%

Number of  Employees

%

White Collar

407

51.0%

659

41.8%

9,868

53.4%

          Management/Business

52

6.5%

72

4.6%

1,515

8.2%

          Professional

174

21.8%

293

18.6%

4,232

22.9%

          Sales

88

11%

110

7%

1,996

10.8%

          Administrative Support

93

11.7%

181

11.5%

2,144

11.6%

Services

282

35.3%

545

34.6%

4,490

24.3%

Blue Collar

109

13.7%

374

23.7%

4,121

22.3%

                         Total

798

 

1,576

 

18,479

 

Source: U.S. Bureau of the Census, 2000 (May not add to 100% due to rounding)



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