Counties / Georgia / Towns County

Towns County, GA

FIPS 13281 · population 12,913 · outside every metro area

$402k
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
$402k
▲ 0.2% year over year
Zillow ZHVI · direct
ACS median gross rent
$808
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$973
the Section 8 payment 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+70.5%not annualized · through 2025
0%ZILLOW ZHVI2026-06+0.2%FHFA HPI2025+2.1%
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$316k
Surveyed gross rent$808
Rent burden 30%+58.0%
Median year built1995
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
32.7%vacant
8,808estimated housing units
Occupied tenure17.7% renter
owner 82.3%renter 17.7%
Structure mix73.4% single-family
Single-family 73.4%20+ units 2.2%Mobile home 16.6%Other 7.8%
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 jobs3,393▼ 0.1% from the prior annual release
Covered establishments365annual average reporting locations
Average weekly wage$908▲ 5.3% from the prior annual release
Largest private supersectorTrade, transportation, and utilities24.7% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.1%WEEKLY WAGE+5.3%Trade, transportation, and utilities24.7%
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

Towns County presents a price-versus-income underwriting tension: rental buyers should investigate household inflow and minority investor-mortgage participation, but remain cautious because price evidence is stronger than published rent evidence and local covered employment is flat. Zillow’s 2026-06 county median home value is $401,735, up 0.20% year over year. Separately, FHFA’s annual 2025 repeat-transaction HPI rose 2.08% year over year. The index corroborates positive price direction but is not a dollar value and cannot be combined with Zillow’s differently dated measure.

02Housing economics

No county median asking rent is published, so gross yield cannot be computed. HUD’s two-bedroom FMR of $973 per month is a payment standard, not observed asking rent, and must not substitute for market rent. Against the county home-value benchmark, the reported effective property-tax rate is 0.34%, with a $1,084 median annual tax. Those carrying-cost facts are useful for parcel review, but no assessed value, insurance quote, maintenance cost, financing terms, or market-rent series is published; therefore cash flow and renter affordability remain untested.

03Demand & competition

Tax-return migration shows a net inflow of 148 households, yet average AGI of incoming movers was $6,093 below outgoing movers’ average. That combination adds households without demonstrating stronger purchasing capacity; arrival timing, tenure and housing choices are not published. Non-occupant purchase mortgages represented 8.43% of 166 purchases. This identifies a minority investor-mortgage presence rather than the full buyer mix, since cash purchases and investment ownership are not reported. No Realtor.com listing figures are supplied, so visible supply, seller concessions and marketing time cannot be judged.

04Risk & next checks

Annual QCEW shows 3,393 covered jobs located at county workplaces, down 0.15%, while covered-worker weekly wages increased 5.34%. Trade, transportation, and utilities is the largest disclosed private supersector, not the whole economy; QCEW is neither resident employment nor an unemployment series. Modeled climate loss equals 0.17% of building value annually and the dominant hazard is inland flood, making site-specific flood, insurance and condition review necessary rather than a countywide loss assumption. Missing rent, listing and parcel-level evidence prevents a conclusion on yield, exit liquidity or asset-specific hazard cost.

Cities & communities

Where people live within Towns 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
Hiawassee city1.3KYoung Harris city1.3KTate City CDP0
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

3 Census places

Population
  1. 01
    Hiawassee cityIncorporated place
    1,293
  2. 02
    Young Harris cityIncorporated place
    1,252
  3. 03
    Tate City CDPCensus-designated place
    0

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

0.170% of building value expected lost per year

Effective property tax0.34%

$1,084 median annual bill

02
DemandIRS SOI household flows
Net migration+148

553 in · 405 out

Arriving vs leaving income−$6,093

$71,929 arriving · $78,022 leaving

03
CompetitionHMDA financed purchases
Purchases by investors8.4%

14 of 166 mortgages

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; no wider market is mapped for it either.
Bear case

What can break the county thesis

  1. No measured market rent prevents conversion of price into gross yield or cash-flow coverage.
  2. Tax-return migration and mortgage investor participation may not capture tenure, cash buyers or actual housing absorption.
  3. County-modeled inland-flood loss may differ materially from parcel-specific exposure and insurance cost.
Underwriting questions

Before pricing a property

Can gross yield be calculated from this record?

No. County market rent is not published, and the $973 HUD two-bedroom FMR is a payment standard rather than market asking rent.

How do the two supplied price measures differ?

Zillow reports a 2026-06 county median home value, while FHFA reports a 2025 repeat-transaction appreciation index; neither is interchangeable with the other.

What climate risk is supplied?

The dominant hazard is inland flood, and modeled annual climate loss is 0.17% of building value.