Atlanta-Sandy Springs-Alpharetta, GA · Georgia
Spalding County
68,215 residents309 permits TTM$60,217 median HHI3 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$196,600
ACS 5-Year
Cap rate proxy
11.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
21.0%
HUD FMR ÷ ACS HHI
Net migration
+2.68%
IRS SOI
Permits (TTM)
309
Census BPS
Climate risk
40.9
FEMA NRI (0–100)
ZIP code breakdown3 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 30223 | $203,439 | $1,230 | 7.3% | 7.4% | -1.4% |
| 30224 | $255,361 | $1,360 | 6.4% | 7.0% | -8.9% |
| 30284 | $196,600county est. | $1,510 | 9.2% | 6.4% | 30.3% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
63.7%
Census ACS
Vacancy rate
6.4%
Census ACS
Bachelor's degree +
17.9%
Census ACS
Rent burdened
46.5%
Census ACS (>30% income)
Median age
39.2
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