Quick facts: Milledgeville, GA

Quick Facts

97.5
Cost of Living
below US average
16,837
Population
54.94
Crime Rate per 1000
above US average
$40,672
Median Income
below US average
$269,900
Median House Price
above US average
$1234.25
Average Rent
below US average
24%
Poverty Rate
above 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 $40,672.

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Income Needed to Buy

βœ— Stretch
$85k/year
Based on $269,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $85k vs median $40,672
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Income Needed to Rent

⚠ Stretch
$53k/year
Based on $1234.25/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $53k vs median $40,672
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Milledgeville, GA

Milledgeville, Georgia, is a charming city steeped in history and Southern culture. Situated in Baldwin County, it serves as the county seat and is known for its historical significance as the former capital of Georgia from 1804 to 1868. The city is characterized by its picturesque downtown area, featuring stunning antebellum architecture and a vibrant arts scene. Milledgeville is home to Georgia College & State University, which contributes to a lively atmosphere filled with students and community activities. The city offers various recreational opportunities, including hiking and water activities on the nearby Lake Sinclair and the Oconee River. Cultural attractions include the Old Governor's Mansion, a beautifully restored 19th-century building, and the Milledgeville Historic District, where visitors can explore numerous heritage sites. With a population of around 18,000, Milledgeville successfully blends small-town charm with the amenities of a college town, making it an inviting spot for residents and visitors alike. The city's rich history and community spirit make it a unique destination in Georgia.

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