Cost to Own
United StatesGeorgiaCherokee CountyBall Ground Population 2,665 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Ball Ground, Georgia

A $347,000 home here costs

$2,642

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,784. The real number is $858 higher every month — 48% more than the payment most buyers budget for.

Ball Ground median: $346,800
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $277,600 borrowed $1,784
Property tax0.719% effective rate for Ball Ground itself $208
Homeowners insuranceGeorgia averages $1,466/yr (NAIC), or 0.521% of home value $151
Electricity15.84¢/kWh — Georgia residential average, EIA $142
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $289
Total monthly $2,642

Ball Ground against Cherokee County and Georgia

MeasureBall GroundCherokee County
Median home value$346,800$389,800
Median property tax$2,495$2,734
Effective tax rate0.719%0.701%
Median gross rent$1,381$1,703
Population2,665274,539

The weather behind that power bill

Ball Ground sits in Cherokee County, which averages a high of 89.6°F in its hottest month and a low of 31.4°F in its coldest, with 48.06" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,627 cooling and 3,118 heating degree days, which is what sets the $142 electricity line above.

See the full climate breakdown for Cherokee County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Cherokee County

Full Cherokee County cost breakdown · Every county in Georgia

Common questions

How much does it cost to own a home in Ball Ground?

A $347,000 home in Ball Ground, Georgia costs approximately $2,642 per month with 20% down at 6.66%. That is $1,784 principal and interest, $208 property tax, $151 homeowners insurance, $210 utilities and $289 set aside for maintenance.

What is the property tax rate in Ball Ground?

Ball Ground has an effective property tax rate of 0.719%, based on a median home value of $346,800 and median real estate taxes of $2,495. That is higher than the Cherokee County average of 0.701%.

What is the average home price in Ball Ground?

The median owner-occupied home value in Ball Ground, Georgia is $346,800, against $389,800 across Cherokee County.

Is it cheaper to rent or buy in Ball Ground?

Median gross rent in Ball Ground is $1,381 a month, against $2,642 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 Ball Ground — 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.

Full methodology