Quick facts: Forsyth, GA

Quick Facts

97.5
Cost of Living
below US average
267,237
Population
0.75
Crime Rate per 1000
below US average
$131,660
Median Income
above US average
$279,000
Median House Price
above US average
$1300.0
Average Rent
below US average
5%
Poverty Rate
below US average
3.4%
Unemployment Rate
below 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 $131,660.

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Income Needed to Buy

βœ“ Affordable
$88k/year
Based on $279,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($131,660) exceeds requirement
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Income Needed to Rent

βœ“ Affordable
$56k/year
Based on $1300.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($131,660) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Forsyth, GA

Forsyth, Georgia, is a charming city located in Monroe County, approximately 60 miles southeast of Atlanta. Known for its southern hospitality and picturesque landscapes, Forsyth serves as the county seat. The city is rich in history, featuring landmarks such as the Old Monroe County Courthouse and the Forsyth Historic District, which showcases beautiful antebellum architecture. The area offers residents and visitors a range of recreational activities, including parks like the popular Forsyth City Park, which features walking trails, playgrounds, and picnic areas. Forsyth is also near Lake Juliette, providing opportunities for fishing, boating, and camping. The local economy is supported by a mix of small businesses, agriculture, and proximity to larger metropolitan areas, making it an attractive location for both residents and entrepreneurs. The community hosts several annual events, fostering a strong sense of togetherness and local culture. With a population of around 4,500, Forsyth combines the charm of a small town with easy access to bigger city amenities, striking a balance that appeals to families, retirees, and professionals alike.

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