Quick facts: Lithonia, GA

Quick Facts

95.3
Cost of Living
below US average
2,611
Population
19.92
Crime Rate per 1000
below US average
$45,431
Median Income
below US average
$265,000
Median House Price
above US average
$1716.14
Average Rent
above US average
Poverty rate Data is updating, will be available soon
Unemployment Data is updating, will be available soon

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 $45,431.

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Income Needed to Buy

βœ— Stretch
$83k/year
Based on $265,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $83k vs median $45,431
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Income Needed to Rent

⚠ Stretch
$74k/year
Based on $1716.14/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $74k vs median $45,431
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Lithonia, GA

Lithonia, Georgia, is a vibrant city located in DeKalb County, just east of Atlanta. Known for its rich history and diverse community, Lithonia was originally established as a small mining town and has evolved into a thriving suburb. The city is surrounded by beautiful natural landscapes, including parks like the Monastery of the Holy Spirit and Stone Mountain Park, which offer recreational opportunities such as hiking, picnicking, and outdoor sports. Lithonia boasts a mix of residential and commercial areas, providing residents with essential amenities and a growing economy. The city is home to various dining options, shopping centers, and local businesses that reflect the community's cultural diversity. The educational institutions in Lithonia, including public schools and private options, contribute to a family-friendly atmosphere. Accessibility is a key feature of Lithonia, with major highways connecting it to Atlanta and other neighboring cities. This makes it an ideal location for commuters who work in the metropolitan area while enjoying a more suburban lifestyle. The city hosts several community events year-round, fostering a strong sense of unity among its residents.

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