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Shannon, GA

Full City Profile · Georgia · Floyd County County

3.3 /5.0
B Good
1,618 Population 325/sq mi density
$71,605 Median Income $35,618 per capita
$193,800 Home Value $217,814 Zillow
$1,046 Median Rent 18.6% income on rent
62°F Avg Temperature 301 sunny days/yr
211 Violent Crime/100K 2,071 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$71,605 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$193,800 home value, $1,046/mo rent
F
Safety
1.0 / 5.0
211 violent crimes/100K
C+
Education
2.8 / 5.0
22.1% bachelor's degree or higher

Housing Overview

Median Home Value
$193,800
31% below
US avg: $281,900
Median Rent
$1,046/mo
10% below
US avg: $1,163/mo
Homeownership Rate
58.3%
11% below US avg (65.4%)
Total Housing Units
925
Median year built: 1957

Home Value by Source

Census Median
$193,800
Zillow (ZHVI)
$217,814
Median Sale Price
$325,000
Median List Price
$246,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

58.3%
Owner-Occupied
41.7%
Renter-Occupied
58%
42%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$979/mo
1 Bedroom
$1,023/mo
2 Bedroom
$1,203/mo
3 Bedroom
$1,524/mo
4 Bedroom
$1,775/mo
Census median rent: $1,046/mo

Market Indicators (Redfin)

Median Days on Market
83 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
16.7%
of listings with price reduction
Price Per Sq Ft
$179
Active Inventory
12
homes for sale

Affordability & Housing Stock

Rent Burden
18.6%
of renters spending 30%+ of income on housing
40% below US avg (31.0%)
Median Year Built
1957
Average age of housing stock: 69 years
Homeownership Rate
58.3%

Complete Housing Data

Home Values

Census Median Value$193,800
Zillow Home Value (ZHVI)$217,814
Median Sale Price$325,000
Median List Price$246,500
Price Per Sq Ft$179

Rent

Census Median Rent$1,046
FMR Studio$979
FMR 1-Bedroom$1,023
FMR 2-Bedroom$1,203
FMR 3-Bedroom$1,524
FMR 4-Bedroom$1,775

Market

Days on Market83
Sale-to-List Ratio1.0%
Price Drops16.7%
Homes Sold1
Active Inventory12
Price Per Sq Ft$179

Ownership & Stock

Owner-Occupied58.3%
Renter-Occupied41.7%
Homeownership Rate58.3%
Total Housing Units925
Median Year Built1957
Rent Burden18.6%