Total monthly cost of ownership
Cost to Own a Home in Blakely, Georgia
A $140,000 home here costs
$1,218per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $720. The real number is $498 higher every month — 69% 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.
Blakely against Early County and Georgia
| Measure | Blakely | Early County |
|---|---|---|
| Median home value | $140,400 | $130,100 |
| Median property tax | $1,327 | $1,069 |
| Effective tax rate | 0.945% | 0.822% |
| Median gross rent | $728 | $774 |
| Population | 5,276 | 10,683 |
The weather behind that power bill
Blakely sits in Early County, which averages a high of 91.5°F in its hottest month and a low of 37.5°F in its coldest, with 52.85" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,255 cooling and 1,910 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Early County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Early County
Common questions
How much does it cost to own a home in Blakely?
A $140,000 home in Blakely, Georgia costs approximately $1,218 per month with 20% down at 6.66%. That is $720 principal and interest, $110 property tax, $61 homeowners insurance, $210 utilities and $117 set aside for maintenance.
What is the property tax rate in Blakely?
Blakely has an effective property tax rate of 0.945%, based on a median home value of $140,400 and median real estate taxes of $1,327. That is higher than the Early County average of 0.822%.
What is the average home price in Blakely?
The median owner-occupied home value in Blakely, Georgia is $140,400, against $130,100 across Early County.
Is it cheaper to rent or buy in Blakely?
Median gross rent in Blakely is $728 a month, against $1,218 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 Blakely — 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.