Rome has a lower cost of living than most of the country. Housing costs are 69 percent of the national average and healthcare costs are 89 percent. The overall cost of living index in Rome is 86. Georgia's cost of living index is significantly higher at 95.
The national cost of living index is always rated at 100 for easy comparison.
Rome's population grew rapidly between 1990 and 2000. That growth slowed from 15.3 percent in 2000 to 3.8 percent in 2010. Researchers estimate that the population shrunk by almost one percent between 2010 and 2014.
Rome, GA Job Opportunities
Rome has a diverse economy that supports several important industries. Manufacturing stands out as one of the area's most reliable employment sectors. General Electric, Rome Plow Company and several other companies have factories in Rome. This creates machine operator, maintenance and factory management jobs.
Healthcare also plays an important role in Rome's economy. Doctors, nurse practitioners, technicians and other healthcare professionals can seek employment at Richmond Regional Medical Center, Floyd Medical Center and the Medical College of Georgia.
Rome, GA Employment Trends
Rome's unemployment rate has steadily improved over the last several years. The city, however, still has higher unemployment than the state.
During the Great Recession, Rome's unemployment rate jumped from 5.2 percent to nearly 14 percent. Unemployment reached its peak in August 2011, when nearly 16 percent of the population couldn't find jobs. The state's unemployment in August 2011 was 10.1 percent.
Recent growth in the area's technology and manufacturing industries has contributed to Rome's improving employment trends. Sports and tourism have also contributed to Rome's recovery. A Class A affiliate of the Atlanta Braves has attracted large numbers of tourists since 2010. Tennis tournaments have also contributed to the area's economy.
Rome has almost returned to its pre-recession unemployment rate.