Quick facts: Saint simons island, GA

Quick Facts

97.5
Cost of Living
below US average
15,983
Population
2.82
Crime Rate per 1000
below US average
$99,432
Median Income
above US average
$750,000
Median House Price
above US average
$3649.38
Average Rent
above US average
9%
Poverty Rate
below US average
3.2%
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 $99,432.

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Income Needed to Buy

βœ— Stretch
$235k/year
Based on $750,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $235k vs median $99,432
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Income Needed to Rent

⚠ Stretch
$156k/year
Based on $3649.38/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $156k vs median $99,432
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Saint simons island, GA

Saint Simons Island is a charming barrier island located off the coast of Georgia, part of the Golden Isles. Renowned for its stunning beaches and lush maritime forests, the island is a popular destination for both relaxation and outdoor activities. Visitors can enjoy miles of sandy shores, unique geological features, and a plethora of recreational options such as kayaking, fishing, and golfing. The island is steeped in history, featuring landmarks like the St. Simons Lighthouse, which dates back to 1872, and the beautiful Christ Church, which offers a glimpse into the island's rich past. St. Simons Village, the heart of the island, is lined with quaint shops, restaurants, and art galleries, providing a vibrant atmosphere for both residents and tourists. Nature lovers can explore the island's diverse ecosystems, including salt marshes and tidal creeks, making it ideal for birdwatching and hiking. With its warm climate, friendly community, and historical charm, Saint Simons Island is a perfect getaway for tranquility and adventure along Georgia's coast.

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