Quick facts: Toccoa, GA

Quick Facts

97.5
Cost of Living
below US average
9,146
Population
37.72
Crime Rate per 1000
above US average
$49,860
Median Income
below US average
$240,000
Median House Price
above US average
$1365.0
Average Rent
below US average
17%
Poverty Rate
above US average
4.0%
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 $49,860.

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Income Needed to Buy

βœ— Stretch
$75k/year
Based on $240,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $75k vs median $49,860
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Income Needed to Rent

⚠ Stretch
$58k/year
Based on $1365.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $58k vs median $49,860
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Toccoa, GA

Toccoa is a charming city located in Stephens County, Georgia. Nestled in the foothills of the Blue Ridge Mountains, Toccoa is known for its picturesque landscapes and rich history. The city was established in the early 19th century and has retained much of its small-town charm while offering residents and visitors a variety of amenities. One of Toccoa's highlights is Lake Hartwell, which provides ample opportunities for outdoor activities such as fishing, boating, and hiking. The area is also home to Toccoa Falls, a stunning 186-foot waterfall that is a popular spot for both tourists and locals. Toccoa's downtown area features a mix of historic buildings, local shops, and restaurants, creating a vibrant community atmosphere. The city hosts several annual events, including the Toccoa Harvest Festival, which celebrates local agriculture and crafts. With its friendly community, scenic surroundings, and active lifestyle, Toccoa offers a welcoming environment for families, retirees, and outdoor enthusiasts alike. Its location provides easy access to larger cities while maintaining the tranquility of a smaller town.

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