Quick facts: Peachtree city, GA

Quick Facts

97.5
Cost of Living
below US average
39,562
Population
10.44
Crime Rate per 1000
below US average
$111,850
Median Income
above US average
$620,000
Median House Price
above US average
$2414.81
Average Rent
above US average
6%
Poverty Rate
below US average
3.2%
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 $111,850.

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Income Needed to Buy

βœ— Stretch
$195k/year
Based on $620,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $195k vs median $111,850
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Income Needed to Rent

βœ“ Affordable
$103k/year
Based on $2414.81/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($111,850) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Peachtree city, GA

Peachtree City, located in Fayette County, Georgia, is renowned for its picturesque landscapes and unique golf cart-friendly community. With a population of approximately 35,000, this planned city is situated about 30 miles south of Atlanta, making it a desirable suburban area for those wanting access to the city while enjoying a quieter lifestyle. Known for its extensive network of multi-use paths, Peachtree City offers over 90 miles of paved trails that are perfect for walking, jogging, and, of course, golf cart travel. This feature helps foster a strong sense of community as residents frequently use the paths to socialize and commute. The city boasts a variety of parks, recreational facilities, and golf courses, making it an ideal place for outdoor enthusiasts. Families will appreciate the quality schools within the Fayette County School District, which are highly rated. Peachtree City also hosts numerous community events and festivals throughout the year, contributing to a vibrant local culture. With its charming atmosphere, top-notch amenities, and convenient proximity to Atlanta, Peachtree City is an attractive option for families and professionals alike.

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