Quick facts: Smyrna, GA

Quick Facts

97.5
Cost of Living
below US average
56,160
Population
20.01
Crime Rate per 1000
below US average
$92,258
Median Income
above US average
$475,000
Median House Price
above US average
$1972.67
Average Rent
above US average
8%
Poverty Rate
below US average
3.4%
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 $92,258.

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Income Needed to Buy

βœ— Stretch
$149k/year
Based on $475,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $149k vs median $92,258
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Income Needed to Rent

βœ“ Affordable
$85k/year
Based on $1972.67/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($92,258) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Smyrna, GA

Smyrna, Georgia, a charming suburban city in the Atlanta metropolitan area, is known for its vibrant community and rich history. Located just 10 miles northwest of downtown Atlanta, Smyrna offers residents an ideal blend of urban conveniences and suburban tranquility. With a population of approximately 60,000, Smyrna boasts a close-knit atmosphere, making it a desirable place for families and young professionals alike. The city features a range of parks and recreational facilities, including the popular Smyrna Market Village, a hub for shopping, dining, and community events. The area is well-served by the Silver Comet Trail, an extensive multi-use path that attracts outdoor enthusiasts and cyclists. Smyrna's location provides easy access to major highways, making commuting to Atlanta and other nearby cities convenient. The local economy is diverse, with opportunities in retail, healthcare, and technology sectors. Residents benefit from quality schools in the Cobb County School District. Overall, Smyrna combines a welcoming community vibe with modern amenities, making it an appealing destination in the heart of Georgia.

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