Counties / Georgia / Fannin County

Fannin County, GA

FIPS 13111 · population 25,742 · outside every metro area

$508k
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
$508k
▲ 0.9% year over year
Zillow ZHVI · direct
Median asking rent
$2,142
n/a year over year
Zillow ZORI · direct
Gross yield
5.1%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$973
market rent is 2.20x 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+69.5%not annualized · through 2025
0%ZILLOW ZHVI2026-06+0.9%FHFA HPI2025+4.9%
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$307k
Surveyed gross rent$900
Rent burden 30%+41.0%
Median year built1996
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
35.7%vacant
18,490estimated housing units
Occupied tenure21.4% renter
owner 78.6%renter 21.4%
Structure mix84.5% single-family
Single-family 84.5%20+ units 1.5%Mobile home 8.0%Other 6.0%
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 jobs7,674▲ 3.1% from the prior annual release
Covered establishments842annual average reporting locations
Average weekly wage$881▲ 2.6% from the prior annual release
Largest private supersectorTrade, transportation, and utilities29.7% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+3.1%WEEKLY WAGE+2.6%Trade, transportation, and utilities29.7%
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

Fannin County presents a split screen: measured rent and higher-income net movers support investigation, while visible MLS slack and inland-flood exposure require caution. It suits operators prepared to verify subject-property insurance, condition and expenses; buyers dependent on a quick resale or unverified rents have less support in this record. No metro context is supplied, so no broader market comparison is warranted.

02Housing economics

In Zillow’s 2026-06 county series, the $508,016 median home value and $2,142 monthly median asking rent produce the reported 5.06% gross yield before expenses. The 0.33% effective property-tax rate and $1,021 median annual tax are carrying-cost inputs that reduce what gross yield says about net income. HUD FMR is a payment standard, not an asking-rent estimate, and cannot replace the published market rent. Zillow’s value measure increased 0.90%; FHFA’s repeat-transaction HPI increased 4.87% in annual 2025. They share an upward direction, but differ in vintage and method and must not be averaged.

03Demand & competition

Realtor.com’s 2026-06 MLS data show median listing price down 4.88% while active listings rose 10.57%. These are asking-price and visible-supply evidence, not closed-sale prices or proof of buyer demand; the published price-reduced share is a seller-concession measure. Tax-return moves show net migration of 211 households, and arriving movers’ average AGI exceeded departing movers’ by $27,086. Non-occupant investor purchase mortgages were 134 of 486 purchases, a calculation of 27.57%, which records participation rather than acquisition price or performance. QCEW’s 2025 annual covered workplace employment rose 3.13%; it is not resident employment, unemployment or a forecast. Trade, transportation, and utilities is the largest disclosed private supersector, not the whole economy.

04Risk & next checks

Inland flood is the dominant hazard. Modeled expected building-value loss is 0.17% per year; it cannot be converted here to a dollar loss. Missing flood-zone status, insurance quotes, mitigation and property condition prevent a subject-level hazard-cost conclusion. Closed-sale comparables, vacancy, operating expenses and financing terms are not published; without them, entry value, net yield and resale conclusions remain untested.

Cities & communities

Where people live within Fannin 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
Epworth CDP2KMcCaysville city1.4KBlue Ridge city1.3KMineral Bluff CDP294Morganton city241
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

5 Census places

Population
  1. 01
    Epworth CDPCensus-designated place
    1,994
  2. 02
    McCaysville cityIncorporated place
    1,392
  3. 03
    Blue Ridge cityIncorporated place
    1,323
  4. 04
    Mineral Bluff CDPCensus-designated place
    294
  5. 05
    Morganton cityIncorporated place
    241

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

0.165% of building value expected lost per year

Effective property tax0.33%

$1,021 median annual bill

02
DemandIRS SOI household flows
Net migration+211

878 in · 667 out

Arriving vs leaving income+$27,086

$96,386 arriving · $69,300 leaving

03
CompetitionHMDA financed purchases
Purchases by investors27.6%

134 of 486 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 listings779▲ 10.6% year over year
Median days on market69▲ 1.1% year over year
Listings price-reduced22.6%seller-concession signal
Median listing pricen/a▼ 4.9% year over year

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

Bear case

What can break the county thesis

  1. Property-level inland-flood exposure, insurance and mitigation costs may differ materially from the county model.
  2. Asking-price and active-listing data may not translate to executable closed-sale values or buyer depth.
  3. County median rent and gross yield may not represent subject-property results after vacancy and operating expenses.
Underwriting questions

Before pricing a property

Is the reported monthly market rent the same as HUD FMR?

No. The record identifies market rent as median asking rent and HUD FMR as a payment standard.

What kind of employment does QCEW report?

Annual average covered jobs located at workplaces in the county, not resident employment or unemployment.

Does the record provide closed-sale comparable prices?

No. Realtor.com evidence is MLS listing-market data, and no closed-sale comparable series is published.