Quick facts: Fort oglethorpe, GA

Quick Facts

97.5
Cost of Living
below US average
10,537
Population
33.6
Crime Rate per 1000
above US average
$49,789
Median Income
below US average
$319,000
Median House Price
above US average
$1401.5
Average Rent
below US average
9%
Poverty Rate
below US average
3.2%
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 $49,789.

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Income Needed to Buy

βœ— Stretch
$100k/year
Based on $319,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $100k vs median $49,789
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Income Needed to Rent

⚠ Stretch
$60k/year
Based on $1401.5/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $60k vs median $49,789
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Fort oglethorpe, GA

Fort Oglethorpe is a charming city located in Catoosa County, Georgia, just a stone's throw from the Tennessee border and approximately 6 miles from the bustling city of Chattanooga. With a population of around 8,000 residents, it offers a close-knit community feel while still being in proximity to urban amenities. The city was named after the fort established during the American Revolutionary War and has a rich history that is reflected in its landmarks and parks. Fort Oglethorpe features several recreational opportunities, including parks such as the popular Lakeview Park, which offers walking trails, picnic areas, and access to nature. The city also benefits from a strategic location near the Chickamauga and Chattanooga National Military Park, providing insight into Civil War history and offering trails for hiking and exploration. Local amenities include a variety of dining options, shops, and schools, making it a convenient place for families. The residential neighborhoods are mostly suburban and quiet, contributing to the area's appeal for those seeking a more relaxed lifestyle while having easy access to the larger cities nearby. Overall, Fort Oglethorpe embodies a blend of history, community spirit, and natural beauty.

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