Quick facts: Blakely, GA

Quick Facts

97.5
Cost of Living
below US average
5,238
Population
35.13
Crime Rate per 1000
above US average
$43,008
Median Income
below US average
$190,000
Median House Price
above US average
$1687
Average Rent
above US average
26%
Poverty Rate
above US average
3.7%
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 $43,008.

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Income Needed to Buy

βœ— Stretch
$60k/year
Based on $190,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $60k vs median $43,008
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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 $43,008
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Blakely, GA

Blakely, Georgia, located in Early County, is a charming small town with a rich history and a tight-knit community. Founded in the mid-19th century, it's known for its southern hospitality and picturesque landscapes. The town is situated in the southeastern part of the state, making it a gateway to various natural attractions. Blakely is steeped in local culture, featuring several historic sites, including the Early County Courthouse, which showcases beautiful architectural design. The community often comes together for annual festivals and events, celebrating heritage and agriculture. Outdoor enthusiasts can enjoy activities like fishing and hunting in the nearby rivers and pine forests. The nearby Lake Walter F. George also offers recreational opportunities such as boating and camping. Economically, Blakely has a blend of agriculture and small businesses, contributing to its local identity. The town’s school system emphasizes community involvement and education. Overall, Blakely, GA, offers a quaint and welcoming atmosphere, perfect for those who appreciate a slower pace and a close connection to nature and community.

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