College Park, GA

Below Avg · 87

Georgia · Population 13,969 · Updated March 2026

$1,131
Median Rent / Month
$48,505
Median Income
$314,500
Median Home Value
$1,159
Owner Costs / Month

Affordability

How far your income goes in College Park

28.0%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in Georgia

State-level tax rates that affect your costs

5.49%
Income Tax (Top Rate)
4.0%
Sales Tax
0.92%
Property Tax Rate

Estimated Annual Costs

$13,572
Annual Rent
$2,663
State Income Tax
$2,893
Property Tax (est.)

Cost of Living Overview

College Park offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 87 (where 100 equals the national median), College Park residents can expect to pay median rent of $1,131/month while earning a median household income of $48,505/year.

The median home value in College Park, GA is $314,500, with typical monthly owner costs around $1,159 including mortgage, insurance, and taxes. With a rent-to-income ratio of 28.0%, College Park falls within the generally affordable range, though it's approaching the 30% burden threshold.

Georgia has a moderate income tax rate of 5.49%. Combined with a 4.0% sales tax rate and 0.92% effective property tax rate, the overall tax environment is a factor in the total cost of living in College Park.

Frequently Asked Questions

Common questions about living costs in College Park

What is the cost of living in College Park, GA?
The cost of living index in College Park, GA is 87 (US average = 100). Median monthly rent is $1,131, median household income is $48,505/year, and the median home value is $314,500.
Is College Park, GA affordable?
Yes, College Park is more affordable than the national average with a cost index of 87. The rent-to-income ratio is 28.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in College Park, GA?
The median gross rent in College Park, GA is $1,131 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $13,572.
What is the median household income in College Park?
The median household income in College Park, GA is $48,505 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Georgia?
Georgia has a top income tax rate of 5.49%, a sales tax of 4.0%, and an effective property tax rate of 0.92%.