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Gresham Park

Learn about the people, housing, costs and businesses in Gresham Park, Georgia

Median Home$285,613
Median Rent$1,619/month
Population7,133
Leading IndustriesProfessional Services · Healthcare · Transportation8% professional services
Home Value Growth+4.3% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners67% of occupied units
NotableTransit81/100 · excellent transit access
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
Gresham Park
GA

Frequently Asked Questions

What are today's mortgage rates in Gresham Park?

As of today, the 30-year fixed mortgage rate for Gresham Park is approximately 6.904% (6.940% 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 Gresham Park?

The median home value in Gresham Park is $286k. The median monthly rent is $1,619. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gresham Park?

Home values in Gresham Park have increased 4.3% over the past two years. This represents moderate growth. 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 Gresham Park?

Based on a typical all-in ownership cost of $1,473/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gresham Park is $73k/year.

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What industries drive the economy in Gresham Park?

The largest employment sectors in Gresham Park are public administration (17%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.