Waycross, GA

Very Low · 46

Georgia · Population 13,813 · Updated March 2026

$810
Median Rent / Month
$37,398
Median Income
$88,600
Median Home Value
$757
Owner Costs / Month

Affordability

How far your income goes in Waycross

26.0%
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

$9,720
Annual Rent
$2,053
State Income Tax
$815
Property Tax (est.)

Cost of Living Overview

Waycross is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 46 (where 100 equals the national median), Waycross residents can expect to pay median rent of $810/month while earning a median household income of $37,398/year.

The median home value in Waycross, GA is $88,600, with typical monthly owner costs around $757 including mortgage, insurance, and taxes. With a rent-to-income ratio of 26.0%, Waycross 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 Waycross.

Frequently Asked Questions

Common questions about living costs in Waycross

What is the cost of living in Waycross, GA?
The cost of living index in Waycross, GA is 46 (US average = 100). Median monthly rent is $810, median household income is $37,398/year, and the median home value is $88,600.
Is Waycross, GA affordable?
Yes, Waycross is more affordable than the national average with a cost index of 46. The rent-to-income ratio is 26.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Waycross, GA?
The median gross rent in Waycross, GA is $810 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $9,720.
What is the median household income in Waycross?
The median household income in Waycross, GA is $37,398 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%.