Counties / Georgia / Clayton County

Clayton County, GA

FIPS 13063 · population 298,924 · part of Atlanta, GA

$231k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$231k
▼ 4.4% year over year
Zillow ZHVI · direct
Median asking rent
$1,596
▲ 2.2% year over year
Zillow ZORI · direct
Gross yield
8.3%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,820
market rent is 0.88x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+67.9%not annualized · through 2025
0%ZILLOW ZHVI2026-06−4.4%FHFA HPI2025−2.3%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$222k
Surveyed gross rent$1,433
Rent burden 30%+62.9%
Median year built1989
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
8.3%vacant
115,476estimated housing units
Occupied tenure45.5% renter
owner 54.5%renter 45.5%
Structure mix69.7% single-family
Single-family 69.7%20+ units 4.2%Mobile home 2.7%Other 23.4%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs129,556▼ 0.6% from the prior annual release
Covered establishments5,154annual average reporting locations
Average weekly wage$1,544▲ 4.3% from the prior annual release
Largest private supersectorTrade, transportation, and utilities61.4% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.6%WEEKLY WAGE+4.3%Trade, transportation, and utilities61.4%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Clayton County poses a yield-versus-exit tension: cash-flow investigators can examine measured rent support, but buyers dependent on appreciation or quick resale should be cautious amid softer values and net out-migration. In Zillow’s 2026-06 county reading, median home value was $230,715, down 4.42% year over year; median asking rent was $1,596 monthly, and the supplied gross yield was 8.3%. Zillow’s value is not a closed-sale price, while the rent is measured asking rent; both require address-level comparables and lease validation.

02Housing economics

The supplied gross yield is before operating costs. The effective property-tax rate is 0.87%, a carrying-cost screen that omits insurance, repairs, financing, vacancy and management. HUD two-bedroom FMR is a payment standard, not market asking rent; it must neither replace the published market rent nor be used to alter the yield calculation.

03Demand & competition

Realtor.com’s 2026-06 MLS listing-market evidence shows visible active supply, a 59-day median marketing time, and reductions on 19.99% of listings. This describes asking supply and seller concessions, not closed-sale prices or buyer demand alone. Migration adds a demand-quality caution: net migration was -1,007 tax-return households, and inbound movers’ average income trailed outbound movers by $1,126. Investor mortgages represented 11.23% of 2,601 purchases; that establishes measurable investor participation but does not show investor ownership, cash purchases, or control of pricing.

04Risk & next checks

FHFA’s annual 2025 repeat-transaction HPI fell 2.3%, supporting Zillow’s directional softness but using a distinct vintage and method that cannot be averaged with Zillow’s value change. The modeled annual climate-loss ratio is 0.10% of building value, aligned with the dominant inland-flood hazard but not a property-specific loss estimate. QCEW covers annual employment at county workplaces, not resident employment, unemployment or a forecast; Trade, transportation, and utilities is its largest disclosed private supersector, not the whole economy. Missing insurance and flood-zone data prevent a carrying-cost conclusion; closed-sale, absorption and property-level lease and vacancy evidence are needed to judge resale liquidity and sustainable income.

Cities & communities

Where people live within Clayton County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Forest Park city19.5KRiverdale city14.8KCollege Park city*14.7KLovejoy city11.5KIrondale CDP9.2KMorrow city6.4KJonesboro city6.1KConley CDP5.8K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

10 Census places

Population
  1. 01
    Forest Park cityIncorporated place
    19,504
  2. 02
    Riverdale cityIncorporated place
    14,792
  3. 03
    College Park cityIncorporated place · spans 2 counties
    14,712
  4. 04
    Lovejoy cityIncorporated place
    11,508
  5. 05
    Irondale CDPCensus-designated place
    9,185
  6. 06
    Morrow cityIncorporated place
    6,364
  7. 07
    Jonesboro cityIncorporated place
    6,143
  8. 08
    Conley CDPCensus-designated place
    5,822
  9. 09
    Bonanza CDPCensus-designated place
    3,279
  10. 10
    Lake City cityIncorporated place
    2,909

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.096% of building value expected lost per year

Effective property tax0.87%

$1,933 median annual bill

02
DemandIRS SOI household flows
Net migration-1,007

12,638 in · 13,645 out

Arriving vs leaving income−$1,126

$34,766 arriving · $35,892 leaving

03
CompetitionHMDA financed purchases
Purchases by investors11.2%

292 of 2,601 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings891▼ 3.6% year over year
Median days on market59▲ 11.4% year over year
Listings price-reduced20.0%seller-concession signal
Median listing pricen/a▼ 0.4% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Atlanta, GA

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Clayton County298,924$231k$1,5968.3%inland flooding
Fulton County1,076,561$421k$1,9075.4%inland flooding
Gwinnett County979,864$411k$1,8485.4%inland flooding
Cobb County775,208$429k$1,7524.9%inland flooding
DeKalb County765,351$339k$1,7816.3%inland flooding
Cherokee County281,032$479k$2,1375.3%inland flooding
Forsyth County267,287$620k$2,3124.5%inland flooding
Henry County249,960$323k$1,8556.9%inland flooding
Paulding County178,909$346k$2,0937.2%inland flooding
Bear case

What can break the county thesis

  1. Property-level rent, vacancy and operating costs may erase the reported gross-yield advantage.
  2. Listing-market evidence may not translate to achievable closed-sale prices or marketing periods.
  3. Inland-flood exposure and unreported insurance or mitigation costs may materially change carrying costs.
Underwriting questions

Before pricing a property

Is published market rent available for yield work?

Yes. The record publishes median asking market rent and a supplied gross yield, both requiring property-level expense validation.

What does the record say about MLS market conditions?

It shows visible active supply, longer marketing time and seller price reductions, but provides no closed-sale outcome evidence.

What hazard needs property-specific diligence?

Inland flood is the dominant hazard; insurance, flood-zone and mitigation information are not published in the record.