🏦 Mortgage Calculators Georgia

How Much House Can I Afford in Georgia?

Find out how much house you can afford in Georgia with 0.92% property tax. Uses 28/36 rule with Georgia-specific data.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Georgia Quick Facts

5.5% Income Tax Rate

0.92% Property Tax Rate

$65,030 Median Income

93.4 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Calculates home affordability in Georgia using the 28/36 rule. Maximum 28% of gross monthly income for housing (PITI). Includes Georgia's effective property tax rate of 0.92% and average home insurance of $2,050/year. Median home price in Georgia: $320,000.

Key State Information

Georgia housing market: Median home price $320,000 | Property tax rate 0.92% | Avg home insurance $2,050/yr | Median household income $65,030. Home prices are moderate relative to income.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Zillow, Tax Foundation

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much house can I afford on the median income in Georgia?

With Georgia's median household income of $65,030 and a 10% down payment, you can typically afford a home priced around $227,605-$292,635 depending on debts and interest rates. The median home in Georgia costs $320,000.

What is the property tax rate in Georgia?

Georgia's effective property tax rate is 0.92%. On a $320,000 home, that's approximately $2,944/year or $245/month.