Cost of living
Cumming, Georgia
(Cumming is Located in Forsyth County)
Cost of living in Cumming, Georgia
Cost of living
compared to USA
high
Cost of living
compared to Georgia
the highest
Median household
income
the highest
Is it expensive to live in Cumming, Georgia? When calculating the cost of living in Cumming, Georgia we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.
The cost of living in Cumming, Georgia is highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Georgia, while median household income in Cumming is $105,799 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Georgia.
Taxes in Cumming, Georgia
The sales tax rate in Cumming, Georgia is 7.2%. Last year, the average property taxes paid was 0.8% Cumming, Georgia.
Here is the table with the State Income Taxes in the state of Georgia:
State Income Tax Brackets:
| Income Brackets(single): | Income Brackets(Married): | Georgia Income Tax Rate |
|---|---|---|
| $0 - $750 | $0 - $1,000 | 1.0% |
| $750 - $2,250 | $1,000 - $3,000 | 2.0% |
| $2,250 - $3,750 | $3,000 - $5,000 | 3.0% |
| $3,750 - $5,250 | $5,000 - $7,000 | 4.0% |
| $5,250 - $7,000 | $7,000 - $10,000 | 5.0% |
| >= $7,000 | >= $10,000 | 5.8% |
Housing costs in Cumming, Georgia
The average cost of
a single-family home
compated to USA
the highest
The average cost of
a single-family home
compated to Georgia
the highest
In Cumming, Georgia, 39.0% of the population owns their homes, while approximately 61.0% rent. The average cost of a single-family home in Cumming, Georgia in 2023 is $436,799 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Georgia. The average one-bedroom apartment cost is approximately $1,806 per month.
| Rental Size | Monthly Cost | Compared to Georgia |
|---|---|---|
| 1 Bedroom | $1,806 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $2,025 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $2,454 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $2,964 | the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Utility Expenses for Occupied Housing Units per Month
Electric Bill
Gas Bill
Water and Sewer Bill
Expenses for Other House Heating Fuels
Mortgage status:
Housing units with a mortgage, contract to purchase, or similar debt 69%
Housing units without a mortgage 31%
Housing units without a mortgage 31%
Housing units with a mortgage, contract to purchase, or similar debt 69%
Housing units with multiple mortgages 12%
Housing units with no second mortgage and no home equity loan 88%
Home equity loan without a primary mortgage 0%
Mortgage, with only second mortgage 7%
Mortgage, with only home equity loan 93%
Mortgage with both second mortgage and home equity loan 0%
Gross rent as a percentage of household income in the past 12 months (dollars):
Year Structure Built
The dynamics of changes in housing prices
Pros and Cons of living in Cumming, Georgia in reviews from users in their own words:
| Pros | Cons |
|---|---|
Low crime rate | Nothing to do for leisure: Few parks and almost no public spaces |
Restaurants
Nice home
Our pets | Nothing much to do for Seniors Georgia VA Doesn't support military much. |
| See all Pros & Cons | |
| Pros |
|---|
Low crime rate |
Restaurants
Nice home
Our pets |
| Cons | |
|---|---|
Nothing to do for leisure: Few parks and almost no public spaces | |
Nothing much to do for Seniors Georgia VA Doesn't support military much. | |
| See all Pros & Cons | |
Cities Near Cumming, GA
Get detailed information on cities nearest to Cumming, GA
Big Creek, GA
Location data:
Fast internet (mobile)
High Math proficiency at Elementary schools
High Math proficiency at Middle schools
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