Wilmington Island, GA

Above Avg · 116

Georgia · Population 14,457 · Updated March 2026

$1,680
Median Rent / Month
$92,578
Median Income
$361,600
Median Home Value
$1,630
Owner Costs / Month

Affordability

How far your income goes in Wilmington Island

21.8%
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

$20,160
Annual Rent
$5,083
State Income Tax
$3,327
Property Tax (est.)

Cost of Living Overview

Wilmington Island is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 116 (where 100 equals the national median), Wilmington Island residents can expect to pay median rent of $1,680/month while earning a median household income of $92,578/year.

The median home value in Wilmington Island, GA is $361,600, with typical monthly owner costs around $1,630 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.8% 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 Wilmington Island.

Frequently Asked Questions

Common questions about living costs in Wilmington Island

What is the cost of living in Wilmington Island, GA?
The cost of living index in Wilmington Island, GA is 116 (US average = 100). Median monthly rent is $1,680, median household income is $92,578/year, and the median home value is $361,600.
Is Wilmington Island, GA affordable?
No, Wilmington Island is more expensive than the national average with a cost index of 116. The rent-to-income ratio is 21.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Wilmington Island, GA?
The median gross rent in Wilmington Island, GA is $1,680 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,160.
What is the median household income in Wilmington Island?
The median household income in Wilmington Island, GA is $92,578 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%.