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Menlo

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

Median Home$132,600
Median Rent$769/month
Population432
Leading IndustriesRetail · Information & Media · Finance & Insurance37% retail
Home Value Growth⬇⬇-13.1% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners71% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableAffordable Market$133k median home · lower cost than 80% of the country
Menlo
GA

Frequently Asked Questions

What are today's mortgage rates in Menlo?

As of today, the 30-year fixed mortgage rate for Menlo is approximately 6.968% (7.007% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Menlo
What is the median home price in Menlo?

The median home value in Menlo is $133k. The median monthly rent is $769. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Menlo?

Home values in Menlo have decreased 13.1% over the past two years. Buyers may find more negotiating room in this market. 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 Menlo?

Based on a typical all-in ownership cost of $633/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Menlo is $54k/year.

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What industries drive the economy in Menlo?

The largest employment sectors in Menlo are retail (37%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.