Cost of Living in Tyrone, GA

Population 7,803 · Georgia · Data vintage 2023

120
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Tyrone sits on the smaller end of the Georgia city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 1.9% — below most comparable cities in the state.

Geographically, Tyrone sits roughly 11 miles south of South Fulton. Median home values run roughly 61% higher than South Fulton's $271,000.

Cost Overview

Housing 143
Rent 84

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

About the Cost of Living in Tyrone

The median home value in Tyrone is $436,600 — 43% above the national median of $305,000. Median rent runs $1,110/month, 16% lower than the national median of $1,314/month. The median household income of $133,773/year is 79% higher than the US median of $74,580. The local unemployment rate is 1.9%, 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, Tyrone has a cost of living index of 120 versus the US average of 100, meaning it is 20% more expensive.

🏠 Housing

Median Home Value
$436,600
43% above avg
Zillow Home Value
$521,449
Zillow ZHVI
Median Rent
$1,110/mo
16% below avg
Price-to-Rent Ratio
32.8x
Favors renting
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 91.7%
Renter-occupied 8.3%

💰 Estimated Monthly Budget

Rent median rent
$1,110
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,724/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
36.0 min
33% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
22.6%

Commute Mode

Drove alone
69.2%
Carpooled
5.0%
Bicycle
0.6%
Work from home
22.6%

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
$133,773
79% above avg
Per Capita Income
$63,303
Unemployment Rate
1.9%
61% below avg
Poverty Rate
2.1%
Labor Force Participation
66.5%

🎓 Education

Bachelor's degree+ 38.0%
Graduate degree 21.7%

👥 Demographics

Median Age 46
Male median age 43.6
Female median age 48.6

Frequently Asked Questions

What is the cost of living in Tyrone, GA?

Tyrone has a cost index of 120 (100 = national average). It is 20% above the national average.

What is average rent in Tyrone, GA?

The median gross rent in Tyrone is $1,110 per month based on 2023 Census data.

What is the average home price in Tyrone?

The median home value in Tyrone is $436,600 according to Zillow and Census data.

What is the median income in Tyrone?

The median household income in Tyrone is $133,773 per year (2023 ACS 5-year estimates).

What is the sales tax in Tyrone, GA?

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

Is Tyrone, GA affordable?

Tyrone is above average in cost of living, with an index of 120 — about 20% higher than the national average.

Tyrone at a Glance

Population
7,803
Median Income
$133,773
Home Value
$436,600
Median Rent
$1,110/mo
Unemployment
1.9%
Sales Tax
7.3%
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Explore county-level cost of living data

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