Quick facts: Alpharetta, GA

Quick Facts

97.5
Cost of Living
below US average
67,267
Population
15.62
Crime Rate per 1000
below US average
$141,402
Median Income
above US average
$1,175,000
Median House Price
above US average
$2436.04
Average Rent
above US average
6%
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 $141,402.

🏠

Income Needed to Buy

βœ— Stretch
$369k/year
Based on $1,175,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $369k vs median $141,402
🏒

Income Needed to Rent

βœ“ Affordable
$104k/year
Based on $2436.04/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($141,402) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Alpharetta, GA

Alpharetta, Georgia, is a vibrant city located in the northern suburbs of Atlanta. Established in the early 1830s, it has transformed into a modern urban center while retaining its charming Southern appeal. Known for its high quality of life, Alpharetta features a rich blend of advanced technology, excellent schools, and recreational opportunities. The city boasts a thriving economy with a strong focus on technology and entrepreneurship, attracting many businesses and startups. Alpharetta’s Avalon, a premier mixed-use development, offers shopping, dining, and entertainment options, making it a social hub for locals and visitors alike. For outdoor enthusiasts, Alpharetta provides ample parks, trails, and green spaces, including the AlphaLoop, a multi-use trail connecting various neighborhoods. The city hosts numerous community events, festivals, and farmers' markets throughout the year, fostering a sense of community. With its strategic location, Alpharetta allows easy access to Atlanta’s cultural attractions, while maintaining a suburban atmosphere, making it a sought-after place to live and work in Georgia.

πŸ” Search & Compare Places

First Location πŸ“