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Cornelia

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

Median Home$209,856
Median Rent$967/month
Population4,639
Leading IndustriesRetail · Finance & Insurance · Information & Media16% retail
Home Value Growth⬆⬆⬆+21.3% over 2 years
Young Adults28% of residentsnear the national average
Homeowners59% of occupied units
NotableTransit84/100 · excellent transit access
NotableAmenity Score74/100 · highly walkable area
Cornelia
GA

Frequently Asked Questions

What are today's mortgage rates in Cornelia?

As of today, the 30-year fixed mortgage rate for Cornelia is approximately 7.030% (7.074% 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 Cornelia?

The median home value in Cornelia is $210k. The median monthly rent is $967. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cornelia?

Home values in Cornelia have increased 21.3% 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 Cornelia?

Based on a typical all-in ownership cost of $915/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cornelia is $54k/year.

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What industries drive the economy in Cornelia?

The largest employment sectors in Cornelia are public administration (20%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.