Total monthly cost of ownership
Cost to Own a Home in Americus, Georgia
A $114,000 home here costs
$1,125per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $48,000 a year.
A standard mortgage calculator would have told you $622. The real number is $503 higher every month, 81% more than the payment most buyers budget for.
Compare Sumter County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Americus against Sumter County and Georgia
| Measure | Americus | Sumter County |
|---|---|---|
| Median home value | $113,500 | $122,300 |
| Median property tax | $1,435 | $1,616 |
| Effective tax rate | 1.264% | 1.321% |
| Median gross rent | $825 | $847 |
| Population | 15,910 | 29,174 |
The weather behind that power bill
Americus sits in Sumter County, which averages a high of 90.8°F in its hottest month and a low of 34.7°F in its coldest, with 53.35" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,036 cooling and 2,289 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Sumter County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sumter County
No other places of this size are published in Sumter County.
Talk to someone who works this market
These are Americus averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Americus every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Americus I already own here and may sell
Common questions
How much does it cost to own a home in Americus?
A $114,000 home in Americus, Georgia costs approximately $1,125 per month with 20% down at 7.24%. That is $622 principal and interest, $120 property tax, $49 homeowners insurance, $239 utilities and $95 set aside for maintenance.
What is the property tax rate in Americus?
Americus has an effective property tax rate of 1.264%, based on a median home value of $113,500 and median real estate taxes of $1,435. That is lower than the Sumter County average of 1.321%.
What is the average home price in Americus?
The median owner-occupied home value in Americus, Georgia is $113,500, against $122,300 across Sumter County.
Is it cheaper to rent or buy in Americus?
Median gross rent in Americus is $825 a month, against $1,125 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Americus?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Americus, Georgia at today's rate takes a household income of roughly $48,000 a year. That covers the full $1,125 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Americus, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Georgia.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.