"Georgia offers a rare balance between income and affordability, making homeownership a reachable goal for many middle-class families."
"For a family earning the median income, the monthly budget available for a mortgage would be around $1,866, allowing them to afford homes just under $373,000."
Despite rising home prices and interest rates affecting national housing markets, Georgia stands out as a state where homeownership remains attainable. With a median household income of $74,632 and a median home price of $380,000, families in Georgia can afford homes priced considerably close to their income range. The state's growing metropolitan areas, particularly Atlanta, coupled with available suburban housing options, provide a balanced environment where housing remains financially feasible. Additional cities like Augusta and Columbus further enhance this affordability, offering diverse choices for prospective homeowners.
Read at SFGATE
Unable to calculate read time
Collection
[
|
...
]