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Bishop

Learn about the people, housing, costs and businesses in Bishop, Georgia

Median Home$468,700
Median Rent$918/month
Population337
Leading IndustriesConstruction · Agriculture & Mining · Transportation10% construction
Home Value Growth⬆⬆+17.5% over 2 years
Retirees21% of residentsnear the national average
Homeowners87% of occupied units
NotableHigh Incomes$142k/year · top 5% nationally
Bishop
GA

Frequently Asked Questions

What are today's mortgage rates in Bishop?

As of today, the 30-year fixed mortgage rate for Bishop is approximately 6.886% (6.922% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Bishop?

The median home value in Bishop is $469k. The median monthly rent is $918. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bishop?

Home values in Bishop have increased 17.5% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Bishop?

Based on a typical all-in ownership cost of $1,679/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bishop is $142k/year.

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What industries drive the economy in Bishop?

The largest employment sectors in Bishop are public administration (23%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.