Quick facts: Athens, GA

Quick Facts

92.7
Cost of Living
below US average
128,561
Population
20.52
Crime Rate per 1000
below US average
$47,798
Median Income
below US average
$375,000
Median House Price
above US average
$1985.88
Average Rent
above US average
22%
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 $47,798.

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Income Needed to Buy

βœ— Stretch
$118k/year
Based on $375,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $118k vs median $47,798
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Income Needed to Rent

⚠ Stretch
$85k/year
Based on $1985.88/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $85k vs median $47,798
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Athens, GA

Athens, Georgia, is a vibrant college town located in the northeastern part of the state. It is home to the University of Georgia (UGA), one of the oldest public universities in the United States, which significantly influences the city's culture, economy, and demographic makeup. Athens is known for its lively music scene, historical architecture, and a strong sense of community. The downtown area features a mix of local shops, restaurants, and bars, contributing to its reputation as a hub for arts and entertainment. The city also hosts several annual events and festivals, drawing visitors from across the region. Outdoor enthusiasts can enjoy the natural beauty of nearby parks and trails, such as the Oconee River Greenway and Sandy Creek Park. Athens boasts a rich history, with landmarks like the Georgia Theatre and the Taylor-Grady House. The local cuisine is diverse, ranging from classic southern dishes to innovative farm-to-table options, reflecting the area's agricultural heritage. Overall, Athens, GA, offers a unique blend of educational, cultural, and recreational opportunities, making it a desirable place to live and visit.

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