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Cherry Log

Learn about the people, housing, costs and businesses in Cherry Log, Georgia

Median Home$355,920
Median Rent$1,162/month
Population105
Leading IndustriesWholesale Trade · Retail · Construction12% wholesale trade
Home Value Growth⬆⬆+15.1% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners86% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Cherry Log
GA

Frequently Asked Questions

What are today's mortgage rates in Cherry Log?

As of today, the 30-year fixed mortgage rate for Cherry Log is approximately 6.866% (6.901% 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 Cherry Log?

The median home value in Cherry Log is $356k. The median monthly rent is $1,162. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cherry Log?

Home values in Cherry Log have increased 15.1% 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 Cherry Log?

Based on a typical all-in ownership cost of $750/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cherry Log is $76k/year.

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What industries drive the economy in Cherry Log?

The largest employment sectors in Cherry Log are retail (17%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.