24 / 100

Fulton County, GA

Atlanta

RANK #748 / 996 NAT  ·  #19 / 41 GA  ·  POP 1,061,944

1YR FORECAST: -0.8%

5YR OUTLOOK: +17%

#27 Most Undervalued
Our model projects Fulton County's housing market at -0.8% over the next year, underperforming most U.S. counties.

[01] Why Fulton County?

Stretching over 70 miles from end to end, Fulton County, Georgia, is distinguished by its unique, elongated shape, a result of a 1932 consolidation with Milton and Campbell counties. This diverse county, home to the state capital, Atlanta, offers a mix of urban and suburban environments. Commuting is facilitated by major interstate highways and the Metropolitan Atlanta Rapid Transit Authority (MARTA), which provides heavy rail and bus service. Residents enjoy access to outdoor recreation, including the Chattahoochee River National Recreation Area, popular for picnics and kayaking, and numerous local parks and trails.

Life in Fulton County offers varied experiences, from the bustling city of Atlanta to the family-oriented communities of North Fulton like Alpharetta and Roswell, known for their schools. The economy is driven by a diverse range of sectors, including technology, life sciences, and advanced manufacturing. Recent economic developments show significant investment in infrastructure, transportation, and commercial and residential projects, contributing to job growth and a dynamic business environment.

[02] Market Snapshot

Housing Ratio
2.1x

Undervalued relative to economy

GDP Growth
+2.4%

Below national median

Home Prices
-3.1%

Prices declining

Climate & Terrain
-0.2

Below-average climate & terrain

Price/Rent
18x

Above national median (13x)

Housing looks undervalued at 2.1x — 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) Government
    50,000+
  2. 2
    Delta Air Lines Logistics
    25,000+
  3. 3
    Fulton County Government Government
    5,000+
  4. 4
    Georgia Power Energy
    2,500+
  5. 5
    MARTA Rapid Transit Government
  6. 6
    PruittHealth Healthcare
  7. 7
    The Coca-Cola Company Other
  8. 8
    Accenture Technology
  9. 9
    Fiserv Finance
  10. 10
    Elevance Health Healthcare

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

[04] Home Value Growth vs National

Fulton County U.S. National

The Numbers

DEMOGRAPHICS
Population
1,061,944
+0.73% YoY
Median Household Income
$86,267
Median Home Value
$398,300
-3.12% 12mo
Median Rent
$1,529
Average Annual Pay
$100,817
+5.0% YoY
Employment
948,157
+1.1% YoY
Income-to-Home-Value
0.2166
Near national average
Migration Inflow
4.81%
of pop. from another state
Bachelor's Degree+
57.1%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$450,000
Days on Market
80
Slower market
Months of Supply
5.4
Buyer's market
Sale-to-List Ratio
97.3%
Negotiation room for buyers
Sold Above List
16.8%
Listings w/ Price Drops
22.5%
Building Permits (2024)
11,577
Single-Family Permits
2,937

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

[05] Crime & Safety

F
SAFETY
GRADE
Homicide Rate
15.3
per 100K · nat avg 6.3
Firearm Fatalities
20.2
per 100K · nat avg 14.8
Injury Deaths
76.1
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

C+
AIR QUALITY
GRADE
Median AQI (3yr)
52.7
Moderate
Good Air Days
42%
464 of 1,095 days
Unhealthy+ Days (3yr)
19
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
53
2022
52
2023
53
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

$8,050M
TOTAL
PROJECT AMOUNT STATUS
SR 400 Upgrade (Express Lanes & Bus Rapid Transit)
Georgia Department of Transportation
$4,600M Under Construction
T5 @ Atlanta IV Data Center Campus
T5 Data Centers
$1,000M Planned
Fulton County Water Treatment Infrastructure Upgrades
Fulton County
$850M Under Construction
Microsoft Data Centers (Palmetto and East Point)
Microsoft
$840M Under Construction
Southwest Atlanta Energy Storage
NextEra Energy Resources
$500M Proposed
Sandtown Village Mixed-Use Development
Hutch Development
$260M Planned

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

[08] Score Breakdown

GDP Growth +2.4% 45 percentile
Population Growth +0.7% 62 percentile
Income Growth +11.1% 91 percentile
Vacancy Rate 2.0% 8 percentile
Home Price Change -3.1% 9 percentile
Rent Growth +2.7% 45 percentile
Price/Rent 18x 16 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

At 24/100, Fulton County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $86,267 combined with job growth of +1.1% suggests the local economy is struggling to keep pace with national trends.

Is Fulton County affordable?

Fulton County leans toward the expensive side. A median home value of $398,300 against an income-to-home-value ratio of 0.22 means housing eats a bigger share of local earnings than the national norm. Renters face $1,529/month on average.

Is Fulton County growing or shrinking?

Fulton County is growing on multiple fronts. Population is up +0.7% year-over-year while employers added jobs at a +1.1% clip. Home values shifted -3.1% in the past year.

Are people moving to Fulton County?

There's a moderate stream of newcomers. About 4.81% of residents moved from another state, which is above average and suggests Fulton County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Clayton County, GA 23 Richmond County, GA 26 Walton County, GA 26 Glynn County, GA 21 Henry County, GA 17 Camden County, GA 16 Honolulu County, HI 24 Essex County, MA 23