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Rock Spring

Learn about the people, housing, costs and businesses in Rock Spring, Georgia

Median Home$230,700
Median Rent$859/month
Population879
Leading IndustriesManufacturing · Public Administration · Transportation2% manufacturing
Home Value Growth⬆⬆+16.5% over 2 years
Young Adults25% of residents
Homeowners90% of occupied units
Rock Spring
GA

Frequently Asked Questions

What are today's mortgage rates in Rock Spring?

As of today, the 30-year fixed mortgage rate for Rock Spring is approximately 6.953% (6.991% 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 Rock Spring?

The median home value in Rock Spring is $231k. The median monthly rent is $859. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rock Spring?

Home values in Rock Spring have increased 16.5% 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 Rock Spring?

Based on a typical all-in ownership cost of $929/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rock Spring is $67k/year.

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What industries drive the economy in Rock Spring?

The largest employment sectors in Rock Spring are public administration (29%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.