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Fayette County, GA

RANK #805 / 996  ·  POP 119,259  ·  GA

PROJECTED GROWTH: -0.6%

Fayette County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Fayette County?

Fayette County, Georgia, distinguishes itself with Peachtree City, a planned community known for its extensive network of multi-use paths. These paths allow residents to travel by golf cart, bike, or foot to various destinations throughout the city. Located approximately 15 miles south of Atlanta, Fayette County offers a suburban feel with rolling hills and four distinct seasons. Commute times to Atlanta average around 31 minutes, and residents have access to Georgia Commute Options programs for alternative transportation. The county also features over 50 parks and nature areas, including Lakes Horton, Kedron, McIntosh, and Peachtree, providing opportunities for outdoor recreation like hiking, biking, fishing, and boating.

Life in Fayette County often appeals to families seeking highly-rated public schools and a quieter lifestyle outside the immediate bustle of Atlanta. The local economy is experiencing growth across several sectors. Major investment is evident in commercial and residential developments, with new projects underway in towns like Fayetteville. The film and entertainment industry, anchored by Trilith Studios, has a notable presence, contributing to the county's economic landscape. Additionally, there is ongoing development in data centers and healthcare, with Piedmont Fayette Hospital recognized for its quality.

[02] Market Snapshot

Housing Ratio
7.1x

Overvalued relative to economy

GDP Growth
+1.3%

Well below national median

Home Prices
-0.6%

Prices declining

Climate & Terrain
-0.2

Below-average climate & terrain

Price/Rent
14x

Above national median (13x)

Housing looks overvalued at 7.1x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Fayette County U.S. National

The Numbers

DEMOGRAPHICS
Population
119,259
+1.21% YoY
Median Household Income
$105,910
Median Home Value
$369,700
-0.57% 12mo
Median Rent
$1,693
Average Annual Pay
$58,774
+3.6% YoY
Employment
49,094
-0.1% YoY
Income-to-Home-Value
0.2865
More affordable than average
Migration Inflow
5.05%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$541,750
Days on Market
84
Slower market
Months of Supply
5.7
Buyer's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
15.0%
Listings w/ Price Drops
29.4%
Building Permits (2024)
323
Single-Family Permits
323

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,607M
TOTAL
PROJECT AMOUNT STATUS
QTS Data Center Campus (Project Excalibur)
QTS Data Centers
$1,000M Under Construction
Piedmont Fayette Hospital Expansion
Piedmont Healthcare
$275M Under Construction
Staccato Storage LLC Battery Storage Facility
Staccato Storage LLC
$202M Proposed
Mill Farms Residential Development
Jeff Lindsey Communities
$80M Planned
Huntcliff Residential Development
Ryan Homes
$50M Planned

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

[06] Score Breakdown

GDP Growth +1.3% 22 percentile
Population Growth +1.2% 77 percentile
Income Growth +10.2% 82 percentile
Vacancy Rate 0.8% 75 percentile
Home Price Change -0.6% 25 percentile
Rent Growth +1.1% 21 percentile
Price/Rent 14x 40 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Fayette County has a Boom Town Index score of 19/100, ranking #805 among 996 U.S. counties. With job growth at -0.1% and a median household income of $105,910, it faces some economic headwinds compared to faster-growing counties.

Is Fayette County affordable?

The median home value in Fayette County is $369,700 with median rent at $1,693/month. The income-to-home-value ratio is 0.2865, which is more affordable than the national average.

Is Fayette County growing or shrinking?

Population growth: +1.2% year-over-year. Job growth: -0.1%. Home values changed -0.6% in the past 12 months.

Are people moving to Fayette County?

Yes — 5.05% of Fayette County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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