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Spalding County, GA

RANK #639 / 1001 NAT  ·  #19 / 41 GA  ·  POP 68,892

1YR FORECAST: -1.6%

5YR OUTLOOK: +26%

Spalding County's housing market is projected to grow -1.6% over the next year, below the national average.

[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.

MARKET PROFILE

Idiosyncratic Markets

Spalding County's data profile doesn't fit any single market profile cleanly — its housing, labor, and demographic signals pull in different directions (home prices -2.1% YoY, population +1.0%, wages +3.7%). About 414 U.S. counties show this kind of mixed-signal pattern.

See all 414 Idiosyncratic Markets counties →

[02] Market Snapshot

Housing Ratio
12.9x

Overvalued relative to economy

Home Prices
-2.1%

Prices declining

Climate & Terrain
-0.3

Below-average climate & terrain

Price/Rent
14x

Below national median (15x)

Housing looks overvalued at 12.9x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Griffin-Spalding County School System Education
    1,000+
  2. 2
    Spalding Regional Medical Center Healthcare
    500+
  3. 3
    Spalding County Government Government
  4. 4
    City of Griffin Government
    250+
  5. 5
    Southern Crescent Technical College Education
  6. 6
    University of Georgia - Griffin Campus Education
  7. 7
    Caterpillar Inc. Manufacturing
  8. 8
    AT&T Other
    100+

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

[04] Home Value Growth vs National

Spalding 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
68,892
+0.99% YoY
Median Household Income
$62,071
Median Home Value
$228,700
-2.12% 12mo
Median Rent
$1,113
Average Annual Pay
$51,735
+3.7% YoY
Employment
23,552
+0.3% YoY
Income-to-Home-Value
0.2714
More affordable than average
Migration Inflow
5.51%
of pop. from another state
Bachelor's Degree+
18.5%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$276,200
Days on Market
69
Slower market
Months of Supply
3.5
Balanced market
Sale-to-List Ratio
97.0%
Negotiation room for buyers
Sold Above List
19.3%
Listings w/ Price Drops
25.8%
Building Permits (2025)
317
Single-Family Permits
317

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
9.6
per 100K · nat avg 6.3
Firearm Fatalities
24.6
per 100K · nat avg 14.8
Injury Deaths
93.8
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] 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.

[07] Score Breakdown

Population Growth +1.0% 66 percentile
Income Growth +3.1% 59 percentile
Vacancy Rate 1.7% 12 percentile
Home Price Change -2.1% 11 percentile
Rent Growth +1.3% 24 percentile
Price/Rent 14x 61 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

At 36/100, Spalding County faces headwinds that place it in the lower third of the 1001 counties we track. Median income of $62,071 combined with job growth of +0.3% suggests the local economy is struggling to keep pace with national trends.

Is Spalding County affordable?

Housing in Spalding County is roughly in line with national affordability norms. The median home costs $228,700 and the income-to-home-value ratio sits at 0.27, with rents averaging $1,113/month. Not a bargain, but not a stretch for most local earners either.

Is Spalding County growing or shrinking?

Spalding County's population is growing — up +1.0% YoY — while the job market is roughly flat (employment change of +0.3%). Home values shifted -2.1% 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 Spalding County?

In significant numbers — 5.51% of Spalding 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.

[09] Similar Counties by Size & Score

DeKalb County, GA 42 Walton County, GA 30 Coweta County, GA 27 Barrow County, GA 46 Fulton County, GA 26 Houston County, GA 47 Jackson County, AL 36 Bonner County, ID 36