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Eastman

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

Median Home$123,889
Median Rent$811/month
Population5,212
Leading IndustriesPublic Administration · Professional Services31% public administration
Home Value Growth⬆⬆+15.2% over 2 years
Young Adults28% of residentsnear the national average
Homeowners59% of occupied units
NotableAffordable Market$124k median home · lower cost than 83% of the country
Eastman
GA

Frequently Asked Questions

What are today's mortgage rates in Eastman?

As of today, the 30-year fixed mortgage rate for Eastman is approximately 7.027% (7.068% 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 Eastman?

The median home value in Eastman is $124k. The median monthly rent is $811. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Eastman?

Home values in Eastman have increased 15.2% 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 Eastman?

Based on a typical all-in ownership cost of $796/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Eastman is $46k/year.

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What industries drive the economy in Eastman?

The largest employment sectors in Eastman are public administration (31%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.