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Morrow

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

Median Home$215,509
Median Rent$1,380/month
Population7,321
Leading IndustriesFinance & Insurance · Healthcare · Information & Media9% finance & insurance
Home Value Growth⬆⬆+19.4% over 2 years
Family-Friendly33% of residentstop 2% nationally
Renters59% of occupied units
NotableAmenity Score73/100 · highly walkable area
Morrow
GA

Frequently Asked Questions

What are today's mortgage rates in Morrow?

As of today, the 30-year fixed mortgage rate for Morrow is approximately 6.962% (7.003% 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 Morrow?

The median home value in Morrow is $216k. The median monthly rent is $1,380. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Morrow?

Home values in Morrow have increased 19.4% 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 Morrow?

Based on a typical all-in ownership cost of $1,230/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morrow is $62k/year.

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What industries drive the economy in Morrow?

The largest employment sectors in Morrow are healthcare (17%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.