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Tallulah Falls

Learn about the people, housing, costs and businesses in Tallulah Falls, Georgia

Median Home$744,400
Median Rent$1,115/month
Population239
Leading IndustriesEducation · Professional Services12% education
Home Value Growth⬆⬆⬆+46.7% over 2 years
Retirees33% of residentstop 4% nationally
Homeowners88% of occupied units
NotableVeteran Community13% of residents · top 4% nationally
NotableHighly Educated33% bachelor's · 14% graduate · top 5% nationally
Tallulah Falls
GA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Tallulah Falls?

As of today, the 30-year fixed mortgage rate for Tallulah Falls is approximately 6.875% (6.910% 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 Tallulah Falls?

The median home value in Tallulah Falls is $744k. The median monthly rent is $1,115. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Tallulah Falls?

Home values in Tallulah Falls have increased 46.7% 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 Tallulah Falls?

Based on a typical all-in ownership cost of $1,174/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Tallulah Falls is $97k/year.

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What industries drive the economy in Tallulah Falls?

The largest employment sectors in Tallulah Falls are public administration (18%) and education (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.