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Statesboro, Georgia

Statesboro, population 32,000, is about 200 miles southeast of Atlanta and 80 miles inland from the coast in eastern Georgia. It started out as a trading hub for cotton plantations in the early-1800s and today is home to Georgia Southern University (GSU), which has about 20,000 students.

The downtown area is undergoing a renovation and has a new arts center and some very good restaurants, including the Millhouse Steakhouse and the Roundabout Cafe. The Eagle Creek Brewing Company has an enticing menu of food, beer and wine. The Market District is filled with fun shops and boutiques.

GSU has a variety of cultural events and organizations, including Georgia Southern Symphony, the Georgia Southern Planetarium, the Georgia Southern Museum, and the Botanical Gardens at Bland Cottage. The Garden of the Coastal Plains features woodland trails and historic farmstead buildings.

Real Estate

The median home value in Statesboro is $158,225. This is a 3.2% increase over the previous year.

Homes for sale sit on the market for an average of 112 days and usually receive one offer.

Estimates are that values will rise another 4% over the next year. Statesboro is a buyer's market.

Taxes

The combined sales tax rate for Statesboro is 8%. This is the total of state, county and city sales tax rates.

Georgia levies a 7% vehicle tax at registration. Electric vehicles are required to pay an annual licensing fee of $200.

The property tax rate is approximately $850 per $100,000 in assessed value. The taxes on a $158,225 home are approximately $1,343.

People age 62 or better with an annual income of less than $30,000 may qualify for an exemption from state and county property taxes equal to the amount by which the assessed value of the home exceeds the assessed value for the preceding tax year.

Georgia does not tax Social Security.

Cost of Living

Statesboro is an affordable college town. It is 5% less expensive than Athens, Georgia, 18% less expensive than Asheville, North Carolina and 9% less than Tucson, Arizona.

The overall cost of living is 17% less than the national average. The median household income is $22,298. This is a very low number but includes students, who rarely have a lot of income.

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