23 / 100

Clayton County, GA

Forest Park-Morrow

RANK #762 / 996 NAT  ·  #20 / 41 GA  ·  POP 296,312

1YR FORECAST: -1.2%

5YR OUTLOOK: +17%

#38 Best Rental Yield #47 Most Undervalued
Our model projects Clayton County's housing market at -1.2% over the next year, underperforming most U.S. counties.

[01] Why Clayton County?

Located just south of Atlanta, Clayton County, Georgia, is known for being home to most of Hartsfield-Jackson Atlanta International Airport, one of the world's busiest airports. The county seat, Jonesboro, holds historical significance from the Civil War. Clayton County offers a suburban feel with convenient access to downtown Atlanta, approximately 12 miles away. Commute options include MARTA bus services and GRTA Xpress commuter buses, with plans for expanded bus rapid transit. The county features over 896 acres of parkland, including Reynolds Nature Preserve and the Newman Wetlands Center, providing opportunities for outdoor recreation like walking trails, fishing, and picnicking.

Life in Clayton County offers a mix of residential options, with a cost of living nearly 8 percent lower than the national average. The public school system, Clayton County Public Schools, is one of Georgia's largest. Clayton State University in Morrow provides higher education opportunities and is home to Spivey Hall, a notable music recital venue. Recent economic developments include investments in data centers and manufacturing, with efforts to redevelop land for business growth in cities like Jonesboro, Lovejoy, and Morrow. The county is also focusing on improving housing affordability and accessibility.

[02] Market Snapshot

Housing Ratio
2.3x

Undervalued relative to economy

GDP Growth
-0.3%

Contracting economy

Home Prices
-6.1%

Prices declining

Climate & Terrain
-0.3

Below-average climate & terrain

Price/Rent
9x

Strong rental yield

Housing looks undervalued at 2.3x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Hartsfield-Jackson Atlanta International Airport (ATL) Logistics
    50,000+
  2. 2
    Clayton County Public Schools Education
  3. 3
    Delta Air Lines / Delta Tech Ops Logistics
    5,000+
  4. 4
    Atlanta State Farmers Market Agriculture
    2,500+
  5. 5
    Southern Regional Medical Center Healthcare
    1,000+
  6. 6
    Clayton County Government Government
  7. 7
    Clayton State University Education
  8. 8
    FedEx Ground Logistics
  9. 9
    Gate Gourmet Hospitality
  10. 10
    Chime Solutions Other

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

[04] Home Value Growth vs National

Clayton County U.S. National

The Numbers

DEMOGRAPHICS
Population
296,312
+0.67% YoY
Median Household Income
$56,207
Median Home Value
$167,200
-6.09% 12mo
Median Rent
$1,216
Average Annual Pay
$77,005
+5.2% YoY
Employment
130,345
-0.6% YoY
Income-to-Home-Value
0.3362
More affordable than average
Migration Inflow
5.08%
of pop. from another state
Bachelor's Degree+
20.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$245,000
Days on Market
74
Slower market
Months of Supply
5.6
Buyer's market
Sale-to-List Ratio
97.1%
Negotiation room for buyers
Sold Above List
17.5%
Listings w/ Price Drops
26.2%
Building Permits (2024)
930
Single-Family Permits
400

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

[05] Crime & Safety

F
SAFETY
GRADE
Homicide Rate
18.0
per 100K · nat avg 6.3
Firearm Fatalities
25.1
per 100K · nat avg 14.8
Injury Deaths
77.5
per 100K · nat avg 76.3
vs National Average
Well above 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] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
45.7
Good
Good Air Days
58%
211 of 363 days
Unhealthy+ Days (3yr)
0
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
44
2022
42
2023
51
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$3,233M
TOTAL
PROJECT AMOUNT STATUS
Digital Realty Data Center Campus (ATL15 & ATL16)
Digital Realty
$2,000M Planned
TA Realty Data Center Project (Ellenwood)
TA Realty
$959M Under Construction
TOTO Manufacturing Facility Expansion
TOTO
$224M Completed
Mountain View Master Plan
Development Authority of Clayton County (DACC)
$50M Planned

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

[08] Score Breakdown

GDP Growth -0.3% 6 percentile
Population Growth +0.7% 60 percentile
Income Growth +8.2% 41 percentile
Vacancy Rate 2.6% 3 percentile
Home Price Change -6.1% 1 percentile
Rent Growth +1.5% 26 percentile
Price/Rent 9x 96 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

At 23/100, Clayton County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $56,207 combined with job growth of -0.6% suggests the local economy is struggling to keep pace with national trends.

Is Clayton County affordable?

Housing in Clayton County is roughly in line with national affordability norms. The median home costs $167,200 and the income-to-home-value ratio sits at 0.34, with rents averaging $1,216/month. Not a bargain, but not a stretch for most local earners either.

Is Clayton County growing or shrinking?

Clayton County's population is growing — up +0.7% YoY — while the job market is roughly flat (employment change of -0.6%). Home values shifted -6.1% 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 Clayton County?

In significant numbers — 5.08% of Clayton County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

Is the housing market declining in Clayton County?

Home values fell -6.1% over the past year in Clayton County, bringing the median down to $167,200. A drop of that magnitude usually reflects weakening demand or population outflow — worth watching if you're considering buying here.

[10] Similar Counties by Size & Score

Fulton County, GA 24 Glynn County, GA 21 Richmond County, GA 26 Walton County, GA 26 Henry County, GA 17 Camden County, GA 16 St. Tammany Parish, LA 23 Horry County, SC 23