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
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
30028$493,800$2,3405.7%0.420.8%
30040$493,800$2,1605.2%0.311.5%
30041$493,800$2,1505.2%0.211.0%

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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

Data sources
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