Atlanta-Sandy Springs-Alpharetta, GA · Georgia
Forsyth County
ZIP 30040
260,062 residents1,365 permits TTM$138,000 median HHI3 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$493,800
ACS 5-Year
Cap rate proxy
4.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.8%
HUD FMR ÷ ACS HHI
Net migration
+2.61%
IRS SOI
Permits (TTM)
1,365
Census BPS
Climate risk
86.1
FEMA NRI (0–100)
ZIP 30040
Median home value
$493,800
Gross yield
5.2%
Buy Box score
0.3
Section 8 gap
11.5%
Affordability
P/I: 4.3R/I: 20.3%
Section 8 detail
SAFMR: $2,160Rent: $1,937Gap: 11.5%
ZIP code breakdown3 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 30028 | $493,800 | $2,340 | 5.7% | 0.4 | 20.8% |
| 30040 | $493,800 | $2,160 | 5.2% | 0.3 | 11.5% |
| 30041 | $493,800 | $2,150 | 5.2% | 0.2 | 11.0% |
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Demographics
Owner-occupied
85.0%
Census ACS
Vacancy rate
4.3%
Census ACS
Bachelor's degree +
56.6%
Census ACS
Rent burdened
41.7%
Census ACS (>30% income)
Median age
39.4
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026
