Quick facts: Hiawassee, GA

Quick Facts

97.5
Cost of Living
below US average
1,017
Population
12.78
Crime Rate per 1000
below US average
$40,917
Median Income
below US average
$227,500
Median House Price
above US average
$3407.14
Average Rent
above US average
Poverty rate Data is updating, will be available soon
2.9%
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 $40,917.

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Income Needed to Buy

βœ— Stretch
$71k/year
Based on $227,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $71k vs median $40,917
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Income Needed to Rent

⚠ Stretch
$146k/year
Based on $3407.14/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $146k vs median $40,917
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Hiawassee, GA

Hiawassee is a charming small town nestled in the North Georgia mountains, located in Towns County. It serves as a gateway to recreational activities in the picturesque Blue Ridge Mountains and is situated alongside Lake Chatuge, offering stunning views and numerous outdoor opportunities. The town is known for its scenic beauty, with hiking trails, fishing spots, and boating activities that attract nature enthusiasts year-round. Hiawassee boasts a laid-back atmosphere and a close-knit community, perfect for visitors looking to escape the hustle and bustle of city life. The annual Georgia Mountain Fair, held in the summer, showcases local culture, crafts, and music, making it a highlight for both residents and tourists. For those who appreciate the arts, Hiawassee features art galleries and local craftsmen. The area is also rich in history, with nearby historical sites that offer insight into the region's past. Whether you're seeking outdoor adventures or a peaceful retreat, Hiawassee provides a delightful blend of natural beauty and small-town charm.

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