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Sparta

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

Median Home$75,800
Median Rent$911/month
Population1,402
Leading IndustriesConstruction · Agriculture & Mining · Retail14% construction
Home Value Growth⬆⬆+16.6% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners70% of occupied units
Sparta
GA

Frequently Asked Questions

What are today's mortgage rates in Sparta?

As of today, the 30-year fixed mortgage rate for Sparta is approximately 7.042% (7.086% 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 Sparta?

The median home value in Sparta is $76k. The median monthly rent is $911. Annual property taxes average $750. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sparta?

Home values in Sparta have increased 16.6% 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 Sparta?

Based on a typical all-in ownership cost of $638/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 Sparta is $41k/year.

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What industries drive the economy in Sparta?

The largest employment sectors in Sparta are public administration (20%) and agriculture and mining (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.