Lula is a city in Hall and Banks counties in the U.S. state of Georgia. The population was 2,822 at the 2020 census, and the town has both Hal…Lula is a city in Hall and Banks counties in the U.S. state of Georgia. The population was 2,822 at the 2020 census, and the town has both Hall and Banks county zoning. Lula is the railroad junction between the Atlanta northeast line and the Athens north line of Norfolk Southern Railway.