How much is a home worth in ZIP code 30223?

The typical home in 30223 is worth $207,379, based on the Zillow Home Value Index.

Are home values rising in 30223?

Home values in 30223 are down 2.5% over the past year, and up 4.5% a year over five years.

What is the typical rent in 30223?

A typical home in 30223 rents for about $1,268 a month, a gross rental yield of 7.3%.

What is the property tax rate in 30223?

The effective property tax rate in 30223 is 0.8% — roughly $1,733 a year on a typical home.

ZIP code 30223 has a population of 38,262 and a median household income of $59,054.

HousingHandbookReference data

…

U.S. ZIP Code · GA30223

Spalding County · Atlanta-Sandy Springs-Roswell, GA

Typical home value

$207,379^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.5%
5-year / yr: +4.5%
10-year / yr: +8.4%

Relative price

vs U.S.: -27.0%
vs metro: -42.8%
vs state: -18.9%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 30223 is worth $207,379 — 42.8% below the Atlanta-Sandy Springs-Roswell, GA median. Over the past year, values have fallen 2.5%. Homes here rent for a typical $1,268 a month — a 7.3% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,268^[2]
Gross yield: 7.3%^[2]
Cap rate: 4.4%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $1,733^[3]

#Climate risk

FEMA National Risk Index ratings for Spalding County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Very Low^[4]
Riverine flood: Relatively Low
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Low
Hurricane: Very Low
Tornado: Relatively Low
Earthquake: Relatively Low
Winter weather: Very Low

#Who lives here

Population: 38,262^[3]
Median household income: $59,054^[3]

#Migration

Household moves in and out of Spalding County over a year, from IRS tax-return data.

Net migration: +337^[5]
Moved in: 2,517
Moved out: 2,180

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 10
Elementary: 7
Middle: 2
High: 1

Cowan Road Elementary School
Elementary · Grades PK–5 · Griffin-Spalding County
561 students
Cowan Road Middle School
Middle · Grades 6–8 · Griffin-Spalding County
555 students
Orrs Elementary School
Elementary · Grades PK–5 · Griffin-Spalding County
515 students
Kennedy Road Middle School
Middle · Grades 6–8 · Griffin-Spalding County
413 students
Atkinson Elementary School
Elementary · Grades PK–5 · Griffin-Spalding County
383 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield7.3%

Net yield (after ~40% expenses)4.4%

Annual rent$15,220

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,049

Loan principal$165,903

Down payment$41,476

Total interest paid$211,601

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.08

Monthly cost to own$1,367

Monthly rent$1,268

Owning and renting are roughly even.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 23rd percentile^[1]
Rental yield: 72nd percentile^[2]
Property tax: 60th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 30223?: The typical home in 30223 is worth $207,379, based on the Zillow Home Value Index.
Are home values rising in 30223?: Home values in 30223 are down 2.5% over the past year, and up 4.5% a year over five years.
What is the typical rent in 30223?: A typical home in 30223 rents for about $1,268 a month, a gross rental yield of 7.3%.
What is the property tax rate in 30223?: The effective property tax rate in 30223 is 0.8% — roughly $1,733 a year on a typical home.
Who lives in 30223?: ZIP code 30223 has a population of 38,262 and a median household income of $59,054.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

31830 vs 30223 →
Manchester, GA
Typical home
$205,464
Gross yield
—
30216 vs 30223 →
Flovilla, GA
Typical home
$210,660
Gross yield
—
30274
Riverdale, GA
Typical home
$203,553
Gross yield
9.2%
30303
Atlanta, GA
Typical home
$201,436
Gross yield
11.5%
30288
Conley CDP, GA
Typical home
$214,306
Gross yield
—
30222
Greenville, GA
Typical home
$216,892
Gross yield
—

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#Jump to section

U.S. ZIP Code · GA30223

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