Total monthly cost of ownership
Cost to Own a Home in Aragon, Georgia
A $116,000 home here costs
$1,052per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $596. The real number is $456 higher every month — 76% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Aragon against Polk County and Georgia
| Measure | Aragon | Polk County |
|---|---|---|
| Median home value | $116,300 | $163,500 |
| Median property tax | $1,188 | $1,307 |
| Effective tax rate | 1.021% | 0.799% |
| Median gross rent | $863 | $870 |
| Population | 2,304 | 43,365 |
The weather behind that power bill
Aragon sits in Polk County, which averages a high of 91.0°F in its hottest month and a low of 32.3°F in its coldest, with 52.83" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,926 cooling and 2,921 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Polk County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Polk County
Common questions
How much does it cost to own a home in Aragon?
A $116,000 home in Aragon, Georgia costs approximately $1,052 per month with 20% down at 6.66%. That is $596 principal and interest, $99 property tax, $50 homeowners insurance, $210 utilities and $97 set aside for maintenance.
What is the property tax rate in Aragon?
Aragon has an effective property tax rate of 1.021%, based on a median home value of $116,300 and median real estate taxes of $1,188. That is higher than the Polk County average of 0.799%.
What is the average home price in Aragon?
The median owner-occupied home value in Aragon, Georgia is $116,300, against $163,500 across Polk County.
Is it cheaper to rent or buy in Aragon?
Median gross rent in Aragon is $863 a month, against $1,052 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Aragon — 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.