Quick facts: Locust grove, GA

Quick Facts

90.0
Cost of Living
below US average
10,734
Population
42.85
Crime Rate per 1000
above US average
$67,143
Median Income
below US average
$384,220
Median House Price
above US average
$2161.49
Average Rent
above US average
6%
Poverty Rate
below US average
4.5%
Unemployment Rate
above 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 $67,143.

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Income Needed to Buy

βœ— Stretch
$121k/year
Based on $384,220 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $121k vs median $67,143
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Income Needed to Rent

⚠ Stretch
$93k/year
Based on $2161.49/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $93k vs median $67,143
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Locust grove, GA

Locust Grove is a charming city located in Henry County, Georgia, situated about 40 miles south of Atlanta. With its peaceful suburban atmosphere, it has become an attractive destination for families and individuals seeking a quieter lifestyle while still being close to metropolitan amenities. The city is well-known for its friendly community vibe and a mix of residential areas, shopping centers, and recreational facilities. Locust Grove boasts several parks, including the popular Locust Grove Community Park, which features walking trails, sports fields, and picnic areas perfect for family outings. The city is also home to the historic Locust Grove Depot, a remnant of the area’s rich railroad history, adding a historical charm to the surroundings. The local economy is bolstered by a variety of small businesses, while larger retail outlets and restaurants are easily accessible. Additionally, schools in the area are part of the well-regarded Henry County School District, making it a desirable location for families with children. Overall, Locust Grove offers a blend of small-town charm and convenient access to urban features, making it a great place to live and explore.

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