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Clarke County, GA

RANK #609 / 996  ·  POP 128,864  ·  GA

PROJECTED GROWTH: +0.3%

Clarke County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Clarke County?

Known for its consolidated city-county government with Athens, Clarke County, Georgia, offers a blend of urban amenities and natural spaces. Located about 65 miles northeast of Atlanta, the commute to the larger city can take around 1.5 hours during peak times, or just over an hour otherwise. The county is the smallest in Georgia by land area, yet it features over 2,500 acres of parks and facilities, including the State Botanical Garden of Georgia and the Sandy Creek Nature Center, providing opportunities for hiking, fishing, and wildlife viewing. Public transportation, including Athens Transit and UGA Campus Transit, operates throughout the county, with Athens Transit offering fare-free bus service.

Life in Clarke County is shaped by the presence of the University of Georgia, which serves as a major employer and influences the local economy and culture. The community attracts a diverse population, including young professionals. The local economy, historically rooted in manufacturing and textiles, has shifted towards educational, health, and social services due to the university's growth. Recent economic developments include investments in advanced manufacturing and construction materials, with new facilities being established in the area. The Clarke County School District operates numerous elementary, middle, and high schools.

[02] Market Snapshot

Housing Ratio
3.7x

Undervalued relative to economy

GDP Growth
+1.2%

Well below national median

Home Prices
+1.5%

Above national median

Climate & Terrain
-0.7

Below-average climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks undervalued at 3.7x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Clarke County U.S. National

The Numbers

DEMOGRAPHICS
Population
128,864
+0.52% YoY
Median Household Income
$48,692
Median Home Value
$242,600
+1.46% 12mo
Median Rent
$1,045
Average Annual Pay
$57,718
+3.3% YoY
Employment
72,792
+0.5% YoY
Income-to-Home-Value
0.2007
Near national average
Migration Inflow
10.82%
of pop. from another state

Market Activity

REAL ESTATE
Building Permits (2024)
1,172
Single-Family Permits
212

[05] Capital Investment

$750M
TOTAL
PROJECT AMOUNT STATUS
Athena Studios Data Center Conversion
Reynolds Capital
$500M Proposed
Tallassee Shoals Hydroelectric Facility
Tallassee Shoals LLC / Green Power EMC
$50M Operating
The Classic Center Authority Rooftop Solar Installation
The Classic Center Authority / Cherry Street Energy
$50M Completed
Renewable Energy Project (SPLOST 2020 Project 11)
Athens-Clarke County Unified Government
$50M Planned
Tallassee Road Single Family Detached Lots (150 lots)
Seed Capital Investments
$50M Under Construction
Mill Row Single Family Detached Lots (90 lots)
Seed Capital Investments
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +1.2% 21 percentile
Population Growth +0.5% 53 percentile
Income Growth +10.5% 85 percentile
Vacancy Rate 0.6% 88 percentile
Home Price Change +1.5% 52 percentile
Rent Growth +2.2% 37 percentile
Price/Rent 12x 70 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Clarke County, GA a good place to move to?

Clarke County has a Boom Town Index score of 39/100, ranking #609 among 996 U.S. counties. With job growth at +0.5% and a median household income of $48,692, it faces some economic headwinds compared to faster-growing counties.

Is Clarke County affordable?

The median home value in Clarke County is $242,600 with median rent at $1,045/month. The income-to-home-value ratio is 0.2007, which is less affordable than the national average.

Is Clarke County growing or shrinking?

Population growth: +0.5% year-over-year. Job growth: +0.5%. Home values changed +1.5% in the past 12 months.

Are people moving to Clarke County?

Yes — 10.82% of Clarke County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Sherburne County, MN 49 Harrison County, MS 49 Hamblen County, TN 49 Tippecanoe County, IN 49 Hidalgo County, TX 49 Wagoner County, OK 49 Spartanburg County, SC 49 Rockingham County, VA 49