Sandy Springs, GA
Fulton County · Pop. 113,550
Ranked #187 of 243 cities
30Crisis
Median Home Price
🏠$480K
4.0% YoY
Median Rent
🔑$1,800
3.0% YoY
Median Income
💰$82K
Rent Burden
📊29.5%
% of income to rent
Income to Buy
🏦$138K
annual income needed
Income to Rent
📝$72K
annual income needed
Price-to-Income
⚖️5.9x
Homeownership
🏡48.0%
Rent vs. Buy
Buy
$2,555/mo
Est. mortgage (7%, 20% down)
Need $138K/yr income
Rent
$1,800/mo
Median rent
Need $72K/yr income
How Sandy Springs Compares
| Metric | Sandy Springs | Georgia | National |
|---|---|---|---|
| Home Price | $480K | $323K | $410K |
| Rent | $1,800 | $1,400 | $1,500 |
| Income | $82K | $75K | $75K |
| Rent Burden | 29.5% | 32.5% | 30.0% |
Key Takeaways
- • Home prices in Sandy Springs are 17% higher than the national average.
- • Rent is 20% higher than the national average.
- • You need an income of $138K to comfortably buy a home here.
- • The homeownership rate is 48.0%, compared to 65.0% nationally.