Cost of Living in Toccoa, GA

Population 9,173 · Georgia · Data vintage 2023

54
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Toccoa is a smaller Georgia community of around 9000 residents, where median household incomes of $48,706 and housing costs ($155,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. Around 20% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 45 miles north of Athens-Clarke County, Toccoa falls within that metro's commuting orbit. Median home values run roughly 43% lower than Athens-Clarke County's $272,000.

Cost Overview

Housing 51
Rent 59

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

About the Cost of Living in Toccoa

The median home value in Toccoa is $155,200 — 49% below the national median of $305,000. Median rent runs $776/month, 41% lower than the national median of $1,314/month. The median household income of $48,706/year is 35% lower than the US median of $74,580. The local unemployment rate is 7.9%, above 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, Toccoa has a cost of living index of 54 versus the US average of 100, meaning it is 46% less expensive.

🏠 Housing

Median Home Value
$155,200
49% below avg
Zillow Home Value
$226,972
Zillow ZHVI
Median Rent
$776/mo
41% below avg
Price-to-Rent Ratio
16.7x
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 56.6%
Renter-occupied 43.4%

💰 Estimated Monthly Budget

Rent median rent
$776
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,390/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
25.0 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
3.7%

Commute Mode

Drove alone
83.9%
Carpooled
9.9%
Walked
1.4%
Bicycle
0.6%
Work from home
3.7%

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
$48,706
35% below avg
Per Capita Income
$25,961
Unemployment Rate
7.9%
64% above avg
Poverty Rate
20.3%
Labor Force Participation
59.7%

🎓 Education

Bachelor's degree+ 11.6%
Graduate degree 6.7%

👥 Demographics

Median Age 41.6
Male median age 38.8
Female median age 45.3

🏫 Schools

NCES CCD 2019 — public school district data

94%
4-Year Graduation Rate
15.1:1
Student-teacher ratio
6
Public schools
3,984
Total enrollment

Frequently Asked Questions

What is the cost of living in Toccoa, GA?

Toccoa has a cost index of 54 (100 = national average). It is 46% below the national average.

What is average rent in Toccoa, GA?

The median gross rent in Toccoa is $776 per month based on 2023 Census data.

What is the average home price in Toccoa?

The median home value in Toccoa is $155,200 according to Zillow and Census data.

What is the median income in Toccoa?

The median household income in Toccoa is $48,706 per year (2023 ACS 5-year estimates).

What is the sales tax in Toccoa, GA?

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

Is Toccoa, GA affordable?

Yes, Toccoa is generally considered affordable, with a cost of living index of 54 — about 46% below the US national average of 100.

Toccoa at a Glance

Population
9,173
Median Income
$48,706
Home Value
$155,200
Median Rent
$776/mo
Unemployment
7.9%
Sales Tax
7.3%
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🗺️ County data for Georgia

Explore county-level cost of living data

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