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AUGUSTA

AUGUSTA INFO

Augusta is a city in Georgia, near the South Carolina border. The Augusta Museum of History includes exhibits on golf and soul singer James Brown. The Augusta Riverwalk runs along the Savannah River. Nearby, the Morris Museum of Art is dedicated to the art of the American South. The Boyhood Home of President Woodrow Wilson depicts the early life of the 28th president. Trails span the length of the 1845 Augusta Canal.

AUGUSTA ECONOMY

Augusta is a regional center of medicine, biotechnology, and cyber security. Augusta University, the state’s only public health sciences graduate university, employs over 7,000 people. Along with University Hospital, the Medical District of Augusta employs over 25,000 people and has an economic impact of over $1.8 billion The city’s three largest employers are Augusta University, the Savannah River Site (a Department of Energy nuclear facility) and the U.S. Army Cyber Center of Excellence at

Fort Gordon, which oversees training for Cyber, Signal Corps, and Electronic Warfare. Despite layoffs from several companies during the U.S. economic recession and a relatively high state unemployment rate, the Augusta community has experienced a decrease in bankruptcy filings and saw a slight decrease in the unemployment rate from late 2009 to March 2011. However, these unemployment numbers are misleading as spring brings lower unemployment rates due to the Masters Golf Tournament. While unemployment fell to a two-year low of 8.3% in April 2011, unemployment rates have since risen to 9.9% as of July 2011.With the establishment of the Georgia Cyber Center in Downtown Augusta, the Augusta metro region has become a hub for cyber security based companies looking to locate to the area in part as well to the establishment of the U.S. Army Cyber Command relocating to Fort Gordon from Fort Meade. Augusta plays host to TechNet on a yearly basis which brings in various military, government, and private sector leaders to the area to showcase new cyber related products as well as discussions on cyber based collaboration efforts between the public and private sectors.

AUGUSTA REAL ESTATE

Augusta is home to one of the top five counties for remote real estate investors. According to HousingWire, about 56% of the real estate buyers in Richmond County (where Augusta is located) are from out-of-state.