Quick facts: Jonesboro, GA

Quick Facts

97.5
Cost of Living
below US average
4,462
Population
61.18
Crime Rate per 1000
above US average
$33,621
Median Income
below US average
$270,000
Median House Price
above US average
$1756.14
Average Rent
above US average
18%
Poverty Rate
above US average
3.1%
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 $33,621.

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Income Needed to Buy

βœ— Stretch
$85k/year
Based on $270,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $85k vs median $33,621
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Income Needed to Rent

⚠ Stretch
$75k/year
Based on $1756.14/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $75k vs median $33,621
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Jonesboro, GA

Jonesboro, located in Clayton County, Georgia, is a suburban city situated approximately 20 miles south of downtown Atlanta. Established in the early 19th century, it carries historical significance and boasts several historical landmarks, including the Old Clayton County Courthouse. The city is known for its community-oriented atmosphere, making it an appealing location for families and professionals. Outdoor enthusiasts can enjoy the nearby nature trails and parks, such as the popular Clayton County International Park, which offers recreational opportunities in a picturesque setting. Jonesboro has a diverse population and offers a mix of local dining, shopping, and entertainment options. The city is also home to the annual Southern Crescent Art Festival, showcasing local artists and fostering community spirit. Overall, Jonesboro balances suburban comfort with proximity to the amenities of Atlanta, making it a desirable location for residents seeking both tranquility and urban access.

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