Quick facts: Griffin, GA

Quick Facts

97.5
Cost of Living
below US average
23,693
Population
49.63
Crime Rate per 1000
above US average
$42,047
Median Income
below US average
$285,990
Median House Price
above US average
$1447.78
Average Rent
above US average
15%
Poverty Rate
above US average
4.5%
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 $42,047.

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Income Needed to Buy

βœ— Stretch
$90k/year
Based on $285,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $90k vs median $42,047
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Income Needed to Rent

⚠ Stretch
$62k/year
Based on $1447.78/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $62k vs median $42,047
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Griffin, GA

Griffin, Georgia, located about 40 miles south of Atlanta, is a charming city in Spalding County. With a population of around 24,000 residents, Griffin showcases a blend of small-town charm and suburban convenience. The city is known for its rich history, with many buildings dating back to the late 19th century, reflecting its role as a cotton mill hub in the past. Griffin offers various parks and recreational areas, including the popular Wyomia Tyus Olympic Park, which features athletic facilities and walking trails. The downtown area is lively, with local shops, restaurants, and cultural events that contribute to the community feel. Griffin is also home to the annual Grifin Fair, attracting visitors from nearby areas. Education is served by the Griffin-Spalding County School System, which includes several elementary schools, middle schools, and Griffin High School. The city's proximity to Atlanta allows for easy access to metropolitan amenities while enjoying a quieter lifestyle. With a welcoming atmosphere and community spirit, Griffin remains an appealing destination for families and individuals alike.

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