McDonough, GA

Average · 104

Georgia · Population 30,056 · Updated March 2026

$1,576
Median Rent / Month
$77,734
Median Income
$285,800
Median Home Value
$1,584
Owner Costs / Month

Affordability

How far your income goes in McDonough

24.3%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

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

$18,912
Annual Rent
$4,268
State Income Tax
$2,629
Property Tax (est.)

Cost of Living Overview

McDonough has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 104 (where 100 equals the national median), McDonough residents can expect to pay median rent of $1,576/month while earning a median household income of $77,734/year.

The median home value in McDonough, GA is $285,800, with typical monthly owner costs around $1,584 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.3% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

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 McDonough.

Frequently Asked Questions

Common questions about living costs in McDonough

What is the cost of living in McDonough, GA?
The cost of living index in McDonough, GA is 104 (US average = 100). Median monthly rent is $1,576, median household income is $77,734/year, and the median home value is $285,800.
Is McDonough, GA affordable?
No, McDonough is more expensive than the national average with a cost index of 104. The rent-to-income ratio is 24.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in McDonough, GA?
The median gross rent in McDonough, GA is $1,576 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,912.
What is the median household income in McDonough?
The median household income in McDonough, GA is $77,734 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%.