We’re taking a closer look at the multifamily construction market in Clayton County, Georgia, where Summit has 4 projects. Several factors make this a popular location for new apartment homes.
Submarkets surrounding Metro Atlanta are experiencing significant growth as more people seek housing with close access to job opportunities downtown, and surrounding employment centers.
Clayton County, located just south of Atlanta, is a calm suburban community with a small-town atmosphere and the conveniences of a metropolitan area. It’s home to the Hartsfield-Jackson International Airport and 20 Fortune-500 companies. Clayton County provides a truly appealing lifestyle for its residents.
The population of Clayton County according to the 2020 Census was 297,595 with most residents between the ages of 25-29 years old. The county is home to up-and-coming families with children under the age of 15 and an annual household income of $51,233. In 2021, 52.9% of residents paying rent are spending between $1,000 – $1,499 monthly.
Census Bureau Profile for Clayton County: https://data.census.gov/profile?g=050XX00US13063
Clayton County Government: https://www.claytoncountyga.gov/
• Cities in the county: College Park (part), Forest Park, Jonesboro, Lake City, Lovejoy, Morrow, Riverdale, Stockbridge (part)
• Hartsfield-Jackson Atlanta International Airport is located in the northwest corner of the county.
• Clayton State University in Morrow is a part of the University System of Georgia.
• 25 industrial parks – 20 of which house Fortune 500 companies.
• It holds the second largest convention and exhibition facility in the state – The Georgia International Convention and Trade Center in College Park has 329,000 square feet of space.
• The Atlanta State Farmers Market in Forest Park is considered one of the largest in the U.S. at 150 acres (about twice the area of a large shopping mall).
• And don’t forget the beautiful landscape – Clayton County features a mix of farms and nature parks between the city centers.
“Clayton County focused on cybersecurity, digital equity and inclusion, and other aspects for improvement, including organizational structure and infrastructure: Using data and analysis to help county agencies achieve greater diversity in housing.”
Click on the images to see more information on each project.
