Quick facts: Sylvania, GA

Quick Facts

95.0
Cost of Living
below US average
2,602
Population
34.2
Crime Rate per 1000
above US average
$36,682
Median Income
below US average
$288,000
Median House Price
above US average
$1350.0
Average Rent
below US average
18%
Poverty Rate
above US average
5.2%
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 $36,682.

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Income Needed to Buy

βœ— Stretch
$90k/year
Based on $288,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $90k vs median $36,682
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Income Needed to Rent

⚠ Stretch
$58k/year
Based on $1350.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $58k vs median $36,682
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Sylvania, GA

Sylvania is a charming small city located in Screven County, Georgia. Known for its warm Southern hospitality, Sylvania serves as the county seat and is nestled in the heart of Georgia's rural landscape. With a population of just over 2,500 residents, the city embodies a close-knit community atmosphere. The city features a variety of local businesses, parks, and cultural landmarks, including the historic downtown area that showcases quaint shops and restaurants. Sylvania is also celebrated for its annual events, such as the Sylvania Sweet Potato Festival, highlighting the region's agricultural heritage. Surrounded by beautiful natural scenery, residents and visitors can enjoy outdoor activities like fishing, hiking, and exploring nearby rivers and forests. The city’s location offers convenient access to larger urban centers while maintaining a peaceful, small-town vibe. Education is catered to by local schools, and the community values family-friendly living. Overall, Sylvania embodies the essence of Southern life, complete with hospitality, community spirit, and a connection to the surrounding nature.

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