Quick facts: Oglethorpe, GA

Quick Facts

97.5
Cost of Living
below US average
15,469
Population
1.29
Crime Rate per 1000
below US average
$66,672
Median Income
below US average
$99,900
Median House Price
above US average
$1687
Average Rent
above US average
15%
Poverty Rate
above US average
3.7%
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 $66,672.

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Income Needed to Buy

βœ“ Affordable
$31k/year
Based on $99,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($66,672) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$72k/year
Based on $1687/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $72k vs median $66,672
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Oglethorpe, GA

Oglethorpe is a charming city located in Macon County, Georgia. With a population of around 1,200 residents, it offers a tight-knit community atmosphere. Oglethorpe serves as a hub for the surrounding rural area, featuring a blend of historical charm and Southern hospitality. The city was founded in the early 19th century and has several historic buildings that reflect its rich heritage. Outdoor enthusiasts will appreciate the picturesque landscapes and nearby recreational opportunities, including parks and nature trails. The Flint River, which flows near the city, provides a beautiful backdrop for fishing, boating, and picnicking. Oglethorpe's local economy is primarily based on agriculture and small businesses, offering a glimpse into classic Southern living. Community events and festivals are common, fostering a strong sense of local pride. The city's schools are part of the Macon County School District, providing education for the youth of the area. Overall, Oglethorpe, GA, is a peaceful and welcoming place that offers a slice of rural life while being close to larger cities for additional amenities and services.

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