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Spalding County, GA

RANK #797 / 996  ·  POP 67,415  ·  GA

PROJECTED GROWTH: -0.5%

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

[01] Why Spalding County?

Spalding County, Georgia, located about 40 miles south of Atlanta, is often recognized for its county seat, Griffin, a city with a rich history dating back to its founding in 1840. Griffin was established around the Macon and Western Railroad, which significantly contributed to its early growth. The county offers a blend of small-town character and access to natural beauty, with numerous parks and outdoor recreation opportunities like fishing at Dundee Lake Park, mountain biking at Quarry's Edge Park, and trails at Wyomia Tyus Olympic Park. Commuting to Atlanta is an option, and the county is part of the Georgia Commute Options program, which assists with alternative transportation.

Life in Spalding County offers a community feel, with many families residing there. The Griffin-Spalding County School System serves nearly 10,000 students across its elementary, middle, and high schools. The local economy, historically rooted in agriculture and textile manufacturing, has seen recent diversification. The area has attracted new residents due to its proximity to Atlanta and the presence of regional facilities like Southern Crescent Technical College. Economic development efforts have focused on attracting various industries, including those in the data center sector, leveraging the county's infrastructure and workforce.

[02] Market Snapshot

Housing Ratio
5.1x

Above national median (4.7x)

GDP Growth
+2.1%

Below national median

Home Prices
-2.6%

Prices declining

Climate & Terrain
-0.3

Below-average climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 5.1x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Spalding County U.S. National

The Numbers

DEMOGRAPHICS
Population
67,415
+1.04% YoY
Median Household Income
$57,367
Median Home Value
$178,800
-2.64% 12mo
Median Rent
$1,024
Average Annual Pay
$49,873
+4.3% YoY
Employment
23,477
+0.1% YoY
Income-to-Home-Value
0.3208
More affordable than average
Migration Inflow
5.32%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$282,500
Days on Market
75
Slower market
Months of Supply
4.7
Balanced market
Sale-to-List Ratio
95.9%
Negotiation room for buyers
Sold Above List
16.1%
Listings w/ Price Drops
29.2%
Building Permits (2024)
342
Single-Family Permits
342

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

[05] Capital Investment

$7,300M
TOTAL
PROJECT AMOUNT STATUS
Wallace Jackson Data Center Campus
Wallace Jackson LLC
$3,900M Approved
Project Spalding Data Center
Montana Property Group LLC
$1,800M Planned
Spalding County Data Center Campus
Spalding Investments LLC
$1,500M Planned
Industrial Development (Georgia 16 & S McDonough Rd)
585 Spalding Investments, LLC
$50M Approved
Caterpillar Generator Facility (Green Valley Industrial Park)
Caterpillar, Inc.
$50M Operating

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

[06] Score Breakdown

GDP Growth +2.1% 37 percentile
Population Growth +1.0% 73 percentile
Income Growth +10.4% 84 percentile
Vacancy Rate 1.1% 48 percentile
Home Price Change -2.6% 11 percentile
Rent Growth +0.2% 12 percentile
Price/Rent 11x 78 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

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

Spalding County has a Boom Town Index score of 20/100, ranking #797 among 996 U.S. counties. With job growth at +0.1% and a median household income of $57,367, it faces some economic headwinds compared to faster-growing counties.

Is Spalding County affordable?

The median home value in Spalding County is $178,800 with median rent at $1,024/month. The income-to-home-value ratio is 0.3208, which is more affordable than the national average.

Is Spalding County growing or shrinking?

Population growth: +1.0% year-over-year. Job growth: +0.1%. Home values changed -2.6% in the past 12 months.

Are people moving to Spalding County?

Yes — 5.32% of Spalding 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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