Quick facts: Grantville, GA

Quick Facts

97.5
Cost of Living
below US average
3,248
Population
19.09
Crime Rate per 1000
below US average
$81,815
Median Income
above US average
$358,500
Median House Price
above US average
$1561.88
Average Rent
above US average
8%
Poverty Rate
below US average
3.5%
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 $81,815.

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Income Needed to Buy

βœ— Stretch
$112k/year
Based on $358,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $112k vs median $81,815
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Income Needed to Rent

βœ“ Affordable
$67k/year
Based on $1561.88/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($81,815) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Grantville, GA

Grantville, Georgia, is a small city nestled in Coweta County, located approximately 30 miles southwest of Atlanta. Known for its charming small-town vibe, Grantville is rich in history and community spirit. The city was incorporated in the late 19th century and has preserved many of its historical buildings, showcasing its Southern heritage. One of the highlights of Grantville is the beautiful Main Street, dotted with local shops, eateries, and community facilities. The city is also known for its outdoor recreational opportunities, including parks and trails that cater to families and nature enthusiasts alike. Grantville boasts a warm, close-knit community with various events and activities throughout the year, fostering a sense of belonging among residents. Its proximity to larger cities like Newnan and LaGrange provides residents with access to a wider range of amenities, while still offering the tranquility of suburban living. Overall, Grantville is an inviting destination for those looking to experience the charm of small-town Georgia, coupled with the convenience of nearby urban centers.

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