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Housing market/Georgia/ZIP 30540

ACS 2023 · FY2027 SAFMR

ZIP 30540 Ellijay, Georgia

Gilmer County, GA · Georgia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
20,145
Households
8,069
Median HH income
$73,771
Renter share
20.3%
Median gross rent
$943
Vacancy
27.5%
Pop. change
-0.1%
2BR SAFMR
$1,000
SAFMR / rent
1.060×
2–49 unit stock
601
LIHTC proj / units
3 / 114
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 30540 · GA — sent to you.

ZIP 30540 · GA

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ACS rent vs 2BR SAFMR

ZIP 30540 — Ellijay, GA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$943
2BR SAFMR$1,000
90% floor$900
110% ceiling$1,100

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 30540

  • 1-unit detached8,40576.0%
  • 1-unit attached330.3%
  • 2–4 units2612.4%
  • 5–49 units3403.1%
  • 50+ units840.8%
  • Mobile1,93217.5%
TypeUnitsShare
1-unit detached8,40575.5%
1-unit attached330.3%
2 units (duplex)1541.4%
3–4 units1071.0%
5–9 units2342.1%
10–19 units80.1%
20–49 units980.9%
50+ units840.8%
Mobile1,93217.3%

2–4 unit share 2.3% · 5–49 unit share 3.1% · combined 2–49 5.4%.

Units by bedrooms

Studio
196
1BR
656
2BR
3,709
3BR
5,144
4BR
1,026
5+
405

Rent burden

Rent ≥30% of income37.5%
Rent ≥50% of income10.8%
  • ACS median gross rent $943 (all bedrooms, occupied rentals).
  • Median contract rent $695.
  • Renters paying ≥30% of income 37.5%; ≥50% 10.8%.
  • FY2027 2BR SAFMR $1,000 (1.060× ACS median gross rent).

Population

20,145 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.1%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 3 projects, 114 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 116 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 30540 20.3% of occupied households are renters; vacancy is 27.5%; ACS median gross rent is $943; population changed -0.1% between the 2018 and 2023 ACS vintages; the housing stock includes 261 units in 2–4-unit structures and 340 units in 5–49-unit structures; 3 LIHTC projects totaling 114 units; FY2027 2BR SAFMR is $1,000 versus ACS median gross rent of $943. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

ZIP 30540 — Ellijay, GA HUD Section 8 Payment Standards / SAFMR·Georgia ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
30143Gilmer County, GA21.0%$1,085$1,22030513Gilmer County, GA31.2%$814$1,00030522Gilmer County, GA12.5%—$1,04030534Gilmer County, GA21.7%$1,426$1,65030536Gilmer County, GA19.7%$1,063$1,19030539Gilmer County, GA18.3%—$1,090

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Georgia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 30540?

ZIP 30540 (Gilmer County, GA) has 20,145 residents, 8,069 households, a renter share of 20.3%, median household income of $73,771, and ACS 2023 median gross rent of $943. Vacancy is 27.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 30540?

ACS counts 154 units in 2-unit buildings, 107 in 3–4 unit buildings, 234 in 5–9, 8 in 10–19, and 98 in 20–49. Combined 2–49 unit stock is 601 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 30540?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,000. See the full schedule and 90–110% payment-standard band on the ZIP 30540 — Ellijay, GA HUD Section 8 Payment Standards / SAFMR.