Total monthly cost of ownership
Cost to Own a Home in Bowdon, Georgia
A $173,000 home here costs
$1,442per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $889. The real number is $552 higher every month — 62% 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.
Bowdon against Carroll County and Georgia
| Measure | Bowdon | Carroll County |
|---|---|---|
| Median home value | $172,700 | $227,500 |
| Median property tax | $1,468 | $1,420 |
| Effective tax rate | 0.850% | 0.624% |
| Median gross rent | $822 | $1,124 |
| Population | 2,284 | 122,187 |
The weather behind that power bill
Bowdon sits in Carroll County, which averages a high of 89.6°F in its hottest month and a low of 31.6°F in its coldest, with 53.48" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,688 cooling and 2,992 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Carroll County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Carroll County
Full Carroll County cost breakdown · Every county in Georgia
Common questions
How much does it cost to own a home in Bowdon?
A $173,000 home in Bowdon, Georgia costs approximately $1,442 per month with 20% down at 6.66%. That is $889 principal and interest, $123 property tax, $75 homeowners insurance, $210 utilities and $144 set aside for maintenance.
What is the property tax rate in Bowdon?
Bowdon has an effective property tax rate of 0.850%, based on a median home value of $172,700 and median real estate taxes of $1,468. That is higher than the Carroll County average of 0.624%.
What is the average home price in Bowdon?
The median owner-occupied home value in Bowdon, Georgia is $172,700, against $227,500 across Carroll County.
Is it cheaper to rent or buy in Bowdon?
Median gross rent in Bowdon is $822 a month, against $1,442 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 Bowdon — 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.