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Morven

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

Median Home$183,400
Median Rent$738/month
Population505
Leading IndustriesTransportation · Retail3% transportation
Home Value Growth-2.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners81% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Morven
GA

Frequently Asked Questions

What are today's mortgage rates in Morven?

As of today, the 30-year fixed mortgage rate for Morven 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.

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What is the median home price in Morven?

The median home value in Morven is $183k. The median monthly rent is $738. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Morven?

Home values in Morven have decreased 2.1% 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 Morven?

Based on a typical all-in ownership cost of $970/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Morven is $74k/year.

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What industries drive the economy in Morven?

The largest employment sectors in Morven are public administration (24%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.