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Cost of Living in Fayette County, GA

Population 122,244 · Census ACS 2020–2024 5-year estimates

Median rent$1,898
Median home value$436,400
Median household income$111,978

The median rent in Fayette County, GA is $1,898/month, 36% higher than the Georgia median and 34% higher than the U.S. median. The median home value is $436,400, 31% higher than the national median. Households earn a median of $111,978 a year, 45% higher than the state median.

Affordability

Rent as a share of median income: 20.3%
Income needed for median rent (30% rule): $75,920/yr
Home price-to-income ratio: 3.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,207/mo

Run your own numbers: mortgage calculator · hourly to salary

Fayette County vs. Georgia vs. U.S.

Fayette CountyGeorgiaU.S.
Median rent$1,898$1,393$1,413
Median home value$436,400$303,300$332,700
Median household income$111,978$77,353$80,734
Homeownership rate80.1%65.7%65.2%
Bachelor's degree or higher49.9%34.9%35.7%
Poverty rate5.6%13.4%12.5%
Unemployment rate3.8%5.1%5.2%
Work from home18.5%15.9%15.1%
Median age43.437.638.9

FAQ

What is the average rent in Fayette County, GA?

The median gross rent in Fayette County, GA is $1,898 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Fayette County, GA?

Using the common 30% rule, renting a median-priced home takes about $75,920 a year in gross income.

Is Fayette County, GA expensive to live in?

Rent there is 34% higher than the U.S. median, and the median home costs about 3.9 times the median household income.

Other counties in Georgia

Fulton County, GARent $1,732 · Income $95,292Gwinnett County, GARent $1,810 · Income $87,890Cobb County, GARent $1,730 · Income $102,738DeKalb County, GARent $1,692 · Income $80,644Chatham County, GARent $1,471 · Income $71,097Clayton County, GARent $1,433 · Income $59,806

Counties with a similar cost of living

Middlesex County, NJRent $1,871 · Income $111,549Rockland County, NYRent $1,901 · Income $109,959Jefferson County, CORent $1,861 · Income $110,656St. Johns County, FLRent $1,922 · Income $109,839Snohomish County, WARent $1,949 · Income $111,246Summit County, CORent $1,928 · Income $109,773

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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