Quick facts: Grayson, GA

Quick Facts

97.5
Cost of Living
below US average
4,753
Population
21.04
Crime Rate per 1000
below US average
$121,421
Median Income
above US average
$499,980
Median House Price
above US average
$2616.9
Average Rent
above US average
5%
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 $121,421.

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Income Needed to Buy

βœ— Stretch
$157k/year
Based on $499,980 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $157k vs median $121,421
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Income Needed to Rent

βœ“ Affordable
$112k/year
Based on $2616.9/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($121,421) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Grayson, GA

Grayson, Georgia, is a charming city located in Gwinnett County, approximately 30 miles northeast of Atlanta. With a population of around 4,000 residents, it offers a small-town feel while being close to the amenities of a larger metropolitan area. Grayson is characterized by its picturesque parks, such as the popular Grayson Park, which features walking trails, playgrounds, and sports facilities. The city's downtown area has a quaint mix of local shops, restaurants, and community spaces, creating a vibrant atmosphere for residents and visitors alike. The annual Grayson Farmer's Market and community events foster a strong sense of community engagement. Grayson is served by the Gwinnett County Public Schools system, which is well-regarded for its educational offerings. The city provides easy access to major highways, making commuting to Atlanta and surrounding areas convenient. With its friendly neighborhoods, recreational opportunities, and proximity to urban centers, Grayson is an attractive destination for families and individuals seeking a balanced lifestyle in Georgia.

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