Cost of Living in Floyd County, Georgia

$971/mo
Median Monthly Rent
$194,100
Median Home Value
5% above state averageUnaffordable

At a Glance

Median Monthly Rent
$971/mo
5% above state average
Median Home Value
$194,100
31% below national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Floyd County Compares

Median monthly rent comparison

Floyd County$971/mo
Georgia Average$927/mo
National Median$1,163/mo

Detailed Housing Stats

$971/mo
Median Gross Rent
$194,100
Median Home Value
$945/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Floyd County, Georgia

Floyd's rent burden tracks national norms

Floyd County renters spend 18.6% of income on housing, matching the national benchmark perfectly. With median household income at $62,540—well below the national median of $74,755—residents here are stretching dollars further than most Americans, yet their rent-to-income ratio remains stable.

Right in Georgia's sweet spot

Floyd County's 18.6% rent-to-income ratio places it squarely at the state average, making it neither a bargain nor a burden compared to other Georgia counties. This alignment suggests Floyd offers typical housing affordability for the state.

Floyd among Georgia's moderate counties

Floyd's $971 monthly rent sits $44 above the state average and mirrors costs in nearby Gordon County ($872). Renters here pay notably less than Fulton County neighbors ($1,635) but more than rural Franklin County ($778).

Housing costs split between rent and ownership

Floyd renters pay $971 monthly while homeowners allocate $945, nearly equal commitments from a $62,540 median income. Together, these costs consume roughly 30% of household earnings, leaving moderate room for other expenses.

Floyd offers stable, affordable living

If you're relocating from a high-cost urban area, Floyd County provides predictable housing costs without requiring exceptional income to maintain affordability. Compare these figures against your current rent burden to see how much breathing room you'd gain.

Affordability Calculator

See how your income compares to housing costs in Floyd County

$

Rent Burden

18.6%

of gross income

Max Housing (28% Rule)

$1,459

per month

Owner Cost Burden

18.1%

of gross income

The median home in Floyd County may be a stretch

Median home value is $194,100. Estimated monthly cost: $1,550 vs. your max of $1,459.

Rent Affordability Guide

Your rent-to-income ratio18.6%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Floyd County, Georgia?
Floyd County, Georgia has a median monthly rent of $971/mo and a median home value of $194,100. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Floyd County?
The median gross rent in Floyd County is $971/mo. This is 5% above state average for Georgia.
Is Floyd County affordable?
Floyd County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Floyd County's rent compare to the state average?
Floyd County's median rent of $971/mo is 5% above state average of $927/mo for Georgia.
What is the median home value in Floyd County?
The median home value in Floyd County, Georgia is $194,100. This is 31% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Floyd County, Georgia? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Floyd County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.