Cost of Living in Gresham Park, GA

Population 7,544 · Georgia · Data vintage 2023

94
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Gresham Park is a smaller Georgia community of around 8000 residents, where median household incomes of $70,101 and housing costs ($262,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Gresham Park sits roughly 7 miles southeast of Atlanta — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 38% lower than Atlanta's $421,000.

Cost Overview

Housing 86
Rent 107

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Gresham Park

The median home value in Gresham Park is $261,800 — 14% below the national median of $305,000. Median rent runs $1,400/month, 7% higher than the national median of $1,314/month. The median household income of $70,101/year is 6% lower than the US median of $74,580. The local unemployment rate is 3.3%, below the national average of 4.8%. Georgia's top state income tax rate is 5.5% and the combined sales tax is 7.3%. Overall, Gresham Park has a cost of living index of 94 versus the US average of 100, meaning it is 6% less expensive.

🏠 Housing

Median Home Value
$261,800
14% below avg
Zillow Home Value
$1,070,617
Zillow ZHVI
Median Rent
$1,400/mo
7% above avg
Zillow Rent
$1,630/mo
Zillow ZORI
Price-to-Rent Ratio
15.6x
Favors buying
Property Tax Rate
0.9%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$773
1 BR
$817
2 BR
$984
3 BR
$1,289
4 BR
$1,520
Owner-occupied 65.9%
Renter-occupied 34.1%

💰 Estimated Monthly Budget

Rent median rent
$1,400
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,014/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
33.3 min
23% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.9%

Commute Mode

Drove alone
64.5%
Carpooled
7.8%
Public transit
2.6%
Work from home
18.9%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 5.5%
Total Sales Tax 7.3%
State rate 4.0%
Avg local rate 3.4%
Property Tax 0.9%

💼 Income & Employment

Median Household Income
$70,101
6% below avg
Per Capita Income
$40,973
Unemployment Rate
3.3%
32% below avg
Poverty Rate
17.6%
Labor Force Participation
62.9%

🎓 Education

Bachelor's degree+ 19.8%
Graduate degree 11.9%

👥 Demographics

Median Age 40.3
Male median age 39.1
Female median age 43.3

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 53 — Moderate
38.4%
Good air days/yr
136
Max AQI recorded
282
PM2.5 days
63
Ozone days

Frequently Asked Questions

What is the cost of living in Gresham Park, GA?

Gresham Park has a cost index of 94 (100 = national average). It is 6% below the national average.

What is average rent in Gresham Park, GA?

The median gross rent in Gresham Park is $1,400 per month based on 2023 Census data.

What is the average home price in Gresham Park?

The median home value in Gresham Park is $261,800 according to Zillow and Census data.

What is the median income in Gresham Park?

The median household income in Gresham Park is $70,101 per year (2023 ACS 5-year estimates).

What is the sales tax in Gresham Park, GA?

The combined state and local sales tax rate in Gresham Park is 7.3%. The Georgia state income tax top rate is 5.5%.

Is Gresham Park, GA affordable?

Gresham Park is near the national average in terms of cost of living, with an index of 94 (100 = US average).

Gresham Park at a Glance

Population
7,544
Median Income
$70,101
Home Value
$261,800
Median Rent
$1,400/mo
Unemployment
3.3%
Sales Tax
7.3%
View all cities in Georgia →
🗺️ County data for Georgia

Explore county-level cost of living data

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