Quick facts: Sale city, GA

Quick Facts

97.5
Cost of Living
below US average
351
Population
2.85
Crime Rate per 1000
below US average
$43,571
Median Income
below US average
$220,000
Median House Price
above US average
$1687
Average Rent
above US average
18%
Poverty Rate
above US average
3.5%
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 $43,571.

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Income Needed to Buy

βœ— Stretch
$69k/year
Based on $220,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $69k vs median $43,571
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Income Needed to Rent

⚠ Stretch
$72k/year
Based on $1687/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $72k vs median $43,571
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Sale city, GA

Sale City is a small town located in Mitchell County, Georgia. With a population of approximately 500 residents, it embodies the charm of a close-knit community. Nestled in the southern part of the state, Sale City is characterized by its rural setting and friendly atmosphere. The town offers a serene lifestyle, making it an ideal place for those seeking a quieter environment away from urban hustle. Sale City's economy is predominantly driven by agriculture, with many residents engaged in farming and related occupations. The town is surrounded by beautiful landscapes, with sprawling fields and lush greenery, providing ample opportunities for outdoor activities like hiking and biking. Local amenities are modest, but residents enjoy the basic necessities of life, including a few family-owned businesses, local parks, and community events that foster a sense of connection. Education is served by the Mitchell County School District, ensuring that families have access to local schooling options. Overall, Sale City is a charming little town that reflects the tranquil lifestyle of rural Georgia while maintaining close ties to the larger communities in the region.

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