What Is The Cost Of Living In Canton GA?
Conveniently located between Atlanta and the Blue Ridge Mountains, the city of Canton GA, offers scenic views of Etowah River and the foothills as well as plenty of great attractions. Canton GA holds something for everyone to enjoy, from shopping, dining, and events, to art and exceptional parks. But, have you ever wondered, what is the cost of living in Canton GA? Stick with us if you want to find the answer!
With a population getting close to 30,000 people, Canton GA is experiencing a significant increase in numbers and popularity. But why are people so excited about living in Canton GA? The city has a low violent crime rate, and it is known for its excellent education system. All these aspects add up to the family-friendly environment, which makes Canton GA, a haven for families with kids.
These are just a few reasons why many consider Canton GA, a good place to live. Cost-wise Canton GA stands out for its affordable prices and good job opportunities. Lately, home prices have increased by a fair amount, and according to Zillow, the median home value is at around $335,000. However, Canton managed to maintain relatively affordable prices across the board and an inexpensive lifestyle.
While the real estate market of Canton GA has shown signs of stabilizing prices, it is known that properties have appreciated in value quite a bit since 2020. The average rent price has also increased by 9% over the past year, and it is currently at about $1,300. Other expenses such as groceries, healthcare, and utilities remain relatively low, at around 2 to 7 percent below the national average.
Overall, the city is a beautiful place to live, and if you find yourself wanting to relocate here, don’t hesitate to contact one of the top real estate agents in Canton GA, for more information about housing options and prices.
Popular Real Estate Glossary Terms
When a real estate owner wants to know what their property tax liability is, they calculate the assessment ratio for their property. An assessment ration is a relationship between a real ...
Use of a parcel of land that will produce the greatest current value. ...
A contract not in writing. Oral contracts are legally enforceable except for those applicable to the sale of real estate. ...
When a mortgage loan is provided to a borrower, the lender establishes a fund called a tax and insurance escrow to accumulate the debtor's monthly payments for property taxes and insurance ...
Annual return rate of capital invested in a wasting asset. The capital is returned from the depreciating asset's earned income. ...
Pipes from a structure to a sewer for the purpose of sewage disposal. ...
Amount required to payoff the full balance of the mortgage today. The amount equals the principal balance plus any prepayment penalty. ...
The two terms used to describe professionals in the real estate industry are “realtor” and “real estate agent”. These two terms are used interchangeably or as ...
Guarantee by a seller to a buyer to satisfy, for a specified time period, problems in the quality or performance of items within the home. There is usually no additional charge during the ...
Have a question or comment?
We're here to help.