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Georgia

Learn about the people, housing, costs and businesses across Georgia

Median Home$317,962
Median Rent$1,479/month
Population10,940,407
Leading IndustriesInformation & Media · Finance & Insurance · Healthcare7% information & media
Home Value Growth⬆⬆+18.7% over 2 years
Young Adults30% of residentsslightly above average
Homeowners66% of occupied units
Georgia

Frequently Asked Questions

What are today's mortgage rates in Georgia?

As of today, the 30-year fixed mortgage rate for Georgia is approximately 6.854% (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 Georgia?

The median home value in Georgia is $318k. The median monthly rent is $1,479. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Georgia?

Home values in Georgia have increased 18.7% 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 Georgia?

Based on a typical all-in ownership cost of $1,410/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Georgia is $86k/year.

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What industries drive the economy in Georgia?

The largest employment sectors in Georgia are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.