
The Oconee County Ga economy was the best performing in the state of Georgia during 2009. It was one of only 7 counties in Georgia that showed improving economic conditions according to the state Department of Community Affairs (DCA).
The DCA takes into consideration several factors to determine the economic performance of the various counties. These factors include unemployment rates, per capita income and the number of people living under the poverty level, among other things. Oconee county has an unemployment rate of 5.5% compared to the state rate of over 10%
There are several reasons for Oconee County's positive economic performance. One of the major reasons is the presence of the University of Georgia, just a few miles away in Athens. Another factor is the presence of several other government agencies as well as a strong medical community.
Oconee County, like almost every other county in the country, has been affected by the real estate market downturn, with significantly reduced new construction as well as a lower sale rate of existing homes. However, because of its demonstrated resilience in a very tough economy, Oconee County Ga is expected to be leading the pack as the economy of the state improves.
For more information on Oconee County, GA or if you are interested in buying or selling your home there, please call me at 706-207-5290. Or you can click here to email me with your inquiries. To search for homes in Oconee County, Watkinsville and the surrounding areas, please visit my website The Athens Real Estate Page.
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