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Cochran

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

Median Home$119,312
Median Rent$800/month
Population5,202
Leading IndustriesEducation · Public Administration4% education
Home Value Growth⬆⬆⬆+25.1% over 2 years
Young Adults38% of residentstop 4% nationally
Homeowners66% of occupied units
NotableAffordable Market$119k median home · lower cost than 85% of the country
Cochran
GA

Frequently Asked Questions

What are today's mortgage rates in Cochran?

As of today, the 30-year fixed mortgage rate for Cochran is approximately 6.994% (7.037% 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 Cochran?

The median home value in Cochran is $119k. The median monthly rent is $800. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cochran?

Home values in Cochran have increased 25.1% 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 Cochran?

Based on a typical all-in ownership cost of $739/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 Cochran is $52k/year.

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What industries drive the economy in Cochran?

The largest employment sectors in Cochran are public administration (27%) and wholesale trade (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.