"Augusta-Richmond County’s median household income of about $34,864 trails Georgia’s $49,604 by 30 percent, according to estimates by the U.S. Census Bureau. The U.S. median household income between the same 2008-12 period was $53,000. Almost 27 percent of all people in the Augusta region live below the poverty level, compared with 17 percent for Georgia and 15 percent for the U.S., according to the 2012 Census estimate. The city-county population of 198,000 grew 1 percent between 2010 and 2012, the census bureau reports, compared with 2.4 percent for Georgia and 1.7 percent for the U.S." (Bloomberg)
"It is the biggest week of the year for many businesses as well, including hotels, restaurants, taxi services and the thousands of area residents who rent out their homes to visitors. The tournament [...] is estimated to have an economic impact between $110 and $125 million. Hotel rooms typically sell out a year in advance of the event, and passes to the Masters are considered among the hardest to get in all of sports" (OnGeorgia).