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Cherokee County, GA

RANK #835 / 1001 NAT  ·  #26 / 41 GA  ·  POP 281,032

1YR FORECAST: -1.8%

5YR OUTLOOK: +22%

#25 Most Overvalued
Our model projects Cherokee County's housing market at -1.8% over the next year, underperforming most U.S. counties.

[01] Why Cherokee County?

Cherokee County, Georgia, distinguishes itself with Lake Allatoona, a significant recreational lake offering fishing, boating, and sandy beaches. Located in northwest Georgia, the county is part of the Atlanta Metropolitan Area, with its southern parts closest to the city. Commuting to Atlanta is common, with options like the Xpress commuter coach service available from park-and-ride lots in Woodstock. The community blends suburban living with access to the foothills of the North Georgia Mountains, providing extensive outdoor recreation opportunities. Over 43 miles of trails, 22 parks, and access to the Etowah River for kayaking and fishing contribute to the area's natural appeal.

Life in Cherokee County often appeals to families, drawn by the Cherokee County School District, which serves over 42,000 students across 40 public schools. The county has seen rapid growth, with a focus on balancing residential development with commercial and industrial expansion. Economic development efforts aim to diversify employment beyond its historical manufacturing base, shifting towards professional services, technology, education, and healthcare. Major employers include Pilgrim's Pride, Chart Industries, and Inalfa Roof Systems. The county's GDP grew by approximately 15% from 2018 to 2022, indicating recent economic expansion.

MARKET PROFILE

Sun Belt Exurban Boom

Cherokee County is one of 43 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of -1.1% runs below the profile's typical -0.0%.

See all 43 Sun Belt Exurban Boom counties →

[02] Market Snapshot

Housing Ratio
29.2x

Overvalued relative to economy

Home Prices
-1.1%

Prices declining

Climate & Terrain
1.9

Moderate climate & terrain

Price/Rent
18x

Above national median (15x)

Housing looks overvalued at 29.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Northside Hospital Cherokee Healthcare
    2,500+
  2. 2
    Inalfa Roof Systems Manufacturing
    1,000+
  3. 3
    Pilgrim's Pride Manufacturing
    500+
  4. 4
    Chart Industries Manufacturing
  5. 5
    Universal Alloy Corporation (UAC) Manufacturing
  6. 6
    Cherokee County Board of Education Education
  7. 7
    Belnick, LLC (BizChair.com) Retail
    250+
  8. 8
    Piolax Corporation Manufacturing
  9. 9
    CAIRE Inc. Manufacturing
  10. 10
    Meyn America / Hill Parts Manufacturing
    100+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Cherokee County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
281,032
+2.37% YoY
Median Household Income
$108,115
Median Home Value
$435,100
-1.11% 12mo
Median Rent
$1,799
Average Annual Pay
$56,603
+4.3% YoY
Employment
73,851
-0.6% YoY
Income-to-Home-Value
0.2485
Near national average
Migration Inflow
4.26%
of pop. from another state
Bachelor's Degree+
41.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$495,750
Days on Market
34
Active market
Months of Supply
3.2
Balanced market
Sale-to-List Ratio
98.7%
Near asking price
Sold Above List
20.0%
Listings w/ Price Drops
33.9%
Building Permits (2025)
1,524
Single-Family Permits
1,491

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.7
per 100K · nat avg 6.3
Firearm Fatalities
11.4
per 100K · nat avg 14.8
Injury Deaths
60.0
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Score Breakdown

Population Growth +2.4% 90 percentile
Income Growth +2.5% 44 percentile
Vacancy Rate 1.0% 48 percentile
Home Price Change -1.1% 17 percentile
Rent Growth +0.5% 15 percentile
Price/Rent 18x 26 percentile

Bars show percentile rank among all 1001 counties.

[07] Frequently Asked Questions

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

The data is not encouraging — Cherokee County scores just 16/100 on the Boom Town Index, ranking #835 of 1001 counties. Job growth at -0.6% and median household income of $108,115 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Cherokee County affordable?

Cherokee County leans toward the expensive side. A median home value of $435,100 against an income-to-home-value ratio of 0.25 means housing eats a bigger share of local earnings than the national norm. Renters face $1,799/month on average.

Is Cherokee County growing or shrinking?

Cherokee County's population is growing — up +2.4% YoY — while the job market is roughly flat (employment change of -0.6%). Home values shifted -1.1% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Cherokee County?

There's a moderate stream of newcomers. About 4.26% of residents moved from another state, which is above average and suggests Cherokee County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[08] Similar Counties by Size & Score

Glynn County, GA 16 Muscogee County, GA 15 Cobb County, GA 15 Columbia County, GA 13 Bibb County, GA 13 Troup County, GA 13 Warren County, OH 16 Thurston County, WA 17