Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Taliaferro County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $238,631 | $242,182 |
| Price Trend (Annual %) | — | 9.0% | 8.2% |
| Median Gross Rent | $715 | $1,306 | $1,342 |
| Rent Trend (Annual %) | 4.7% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
Rent is about 45% lower than the Georgia average.
Affordability
| Metric | Taliaferro County | Georgia Avg | US Average |
|---|---|---|---|
| Median Home Price | — | $238,631 | $242,182 |
| Median Household Income | $49,225 | $74,683 | $78,145 |
| Price-to-Income Ratio | — | 3.2 | 3.1 |
Occupancy & Tenure
| Metric | Taliaferro County | Georgia Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 51.7% | 58.4% | 58.2% |
| Rental Rate | 13.7% | 31.0% | 31.3% |
| Vacancy Rate | 34.6% | 10.6% | 10.6% |
| Median Tenure (years) | 21.0 | 14.0 | 15.0 |
| Median Year Moved In | 2005 | 2012 | 2011 |
Taliaferro County has a homeownership rate of 51.7%, lower than the Georgia average of 58.4%. Its housing vacancy rate is 34.6%, compared with 10.6% in Georgia.
Housing Stock
| Metric | Taliaferro County | Georgia Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.69 people | 2.64 people | 2.54 people |
| Median Structure Built Year | 1978 | 1989 | 1978 |
| Median Number of Rooms | 5.4 | 5.9 | 5.5 |
The typical housing unit in Taliaferro County was built around 1978. On average, 2.7 people live in a home with about 5.4 rooms, staying for about 21.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Taliaferro County, Georgia.
What is the median rent in Taliaferro County, Georgia?
The median gross rent in Taliaferro County, Georgia is $715 per month, lower than the Georgia average of $1,306.
What was the median gross rent in Taliaferro County in 2020?
In 2020, the median gross rent in Taliaferro County, Georgia was $692 per month.
What is the homeownership rate in Taliaferro County, Georgia?
51.7% of households in Taliaferro County, Georgia own their home, lower than the Georgia average of 58.4%.
What is the vacancy rate in Taliaferro County, Georgia?
The housing vacancy rate in Taliaferro County, Georgia is 34.6%, higher than the Georgia average of 10.6%.