Fayette County, GA

Comprehensive housing, income, and cost of living data for Fayette County, Georgia. Population: 119.3K.

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Median Home Price

$542.7K

Based on 5 cities

Median Household Income

$109.0K

Annual household income

Price-to-Income Ratio

5.0x

Moderately affordable

Salary Needed to Buy

$138.6K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$3,168

Average annual amount

Effective Tax Rate

0.58%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$2,744

Property Tax$264

Insurance$226

Total Monthly$3,234

Historical Home Prices

2015

$270.4K

2016

$289.9K

+7.2%%

2017

$308.9K

+6.6%%

2018

$325.5K

+5.4%%

2019

$343.2K

+5.4%%

2020

$366.9K

+6.9%%

2021

$428.3K

+16.7%%

2022

$469.3K

+9.6%%

2023

$494.4K

+5.4%%

2024

$509.0K

+3.0%%

2025

$506.6K

-0.5%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.5%%

Below national average

Population Density

613

People per square mile

Homicide Rate

4.5

Low (per 100K residents)

Political Lean (2020)

Competitive

R+0

Racial Demographics

White

56.9%

Black

25.2%

Hispanic

8.3%

Asian

4.7%

Two or More Races

3.2%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

62°F

Annual average

Sunny Days

201

Days per year

Annual Rainfall

51.4"

Inches per year

Natural Disaster Risk

High Risk

Score: 61/100

January Low

9°F

Average winter low

July High

82°F

Average summer high

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