Quick facts: Barnesville, GA

Quick Facts

97.5
Cost of Living
below US average
6,181
Population
5.99
Crime Rate per 1000
below US average
$46,116
Median Income
below US average
$288,300
Median House Price
above US average
$1822.5
Average Rent
above US average
15%
Poverty Rate
above US average
5.0%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $46,116.

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Income Needed to Buy

βœ— Stretch
$90k/year
Based on $288,300 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $90k vs median $46,116
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Income Needed to Rent

⚠ Stretch
$78k/year
Based on $1822.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $78k vs median $46,116
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Barnesville, GA

Barnesville, Georgia, is a charming city located in Lamar County, approximately 60 miles south of Atlanta. Known for its rich history and vibrant community, Barnesville boasts a population of around 6,000 residents. The city is renowned for the annual Buggy Days Festival, celebrating its heritage as a former buggy manufacturing hub. With a quaint downtown area featuring local shops, eateries, and historical landmarks, Barnesville offers a unique blend of small-town charm and southern hospitality. The city is also home to various parks, providing ample recreational opportunities for residents and visitors alike. Education is a priority in Barnesville, with several public schools serving the community and a presence of higher education through Gordon State College. The surrounding area offers opportunities for outdoor activities, including hiking and fishing, thanks to its proximity to natural attractions. Overall, Barnesville, GA, embodies a welcoming atmosphere with a strong sense of community, making it a delightful place to live or visit.

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