Quick facts: Toomsboro, GA

Quick Facts

97.5
Cost of Living
below US average
373
Population
8.04
Crime Rate per 1000
below US average
$60,000
Median Income
below US average
$140,000
Median House Price
above US average
$1687
Average Rent
above US average
16%
Poverty Rate
above 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 $60,000.

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Income Needed to Buy

βœ“ Affordable
$44k/year
Based on $140,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($60,000) 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 $60,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Toomsboro, GA

Toomsboro is a small town located in Wilkinson County, Georgia, United States. With a population of just a few hundred residents, it embodies the charm of rural Southern living. Founded in the late 19th century, Toomsboro features a close-knit community atmosphere, where neighbors know one another, and local businesses serve as hubs for social interaction. The town is surrounded by rolling hills and lush greenery, typical of the region, offering opportunities for outdoor activities such as hiking, fishing, and enjoying nature walks. Toomsboro's historic sites reflect its rich past, including old homes and structures that tell the story of the area. Nearby cities like Milledgeville and Macon provide residents with access to shopping, dining, and entertainment options, while still allowing Toomsboro to maintain its peaceful, small-town charm. The local community hosts various events throughout the year, fostering a sense of connection among residents. Overall, Toomsboro offers a quiet, rural lifestyle with a strong sense of community and Southern hospitality.

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