Quick facts: Tallapoosa, GA

Quick Facts

97.5
Cost of Living
below US average
3,281
Population
24.69
Crime Rate per 1000
above US average
$58,008
Median Income
below US average
$185,000
Median House Price
above US average
$1348.0
Average Rent
below 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 $58,008.

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Income Needed to Buy

βœ— Stretch
$58k/year
Based on $185,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $58k vs median $58,008
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Income Needed to Rent

βœ“ Affordable
$58k/year
Based on $1348.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($58,008) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Tallapoosa, GA

Tallapoosa, Georgia, is a small city located in Haralson County in the northwest part of the state. With a population of approximately 3,000 residents, it boasts a tight-knit community atmosphere. Tallapoosa is known for its rich history, dating back to the early 1800s, and features historic architecture and landmarks, including the iconic train depot. The city is situated near the Georgia-Alabama state line and benefits from its proximity to larger cities such as Bremen and Carrollton. Tallapoosa offers a mix of small-town charm and local amenities, including parks, schools, and local shops. The surrounding area provides opportunities for outdoor activities, with pleasant weather ideal for hiking, fishing, and exploring nature. Tallapoosa hosts various community events and festivals throughout the year, celebrating its heritage and bringing residents together. The city is also known for its friendly residents, making it an inviting place for newcomers. Overall, Tallapoosa is a quaint and welcoming community that offers a slower pace of life while still being accessible to larger urban centers.

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