Total monthly cost of ownership
Cost to Own a Home in Cedartown, Georgia
A $148,000 home here costs
$1,275per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $761. The real number is $514 higher every month — 68% 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.
Cedartown against Polk County and Georgia
| Measure | Cedartown | Polk County |
|---|---|---|
| Median home value | $148,000 | $163,500 |
| Median property tax | $1,394 | $1,307 |
| Effective tax rate | 0.942% | 0.799% |
| Median gross rent | $857 | $870 |
| Population | 10,211 | 43,365 |
The weather behind that power bill
Cedartown 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 Cedartown?
A $148,000 home in Cedartown, Georgia costs approximately $1,275 per month with 20% down at 6.66%. That is $761 principal and interest, $116 property tax, $64 homeowners insurance, $210 utilities and $123 set aside for maintenance.
What is the property tax rate in Cedartown?
Cedartown has an effective property tax rate of 0.942%, based on a median home value of $148,000 and median real estate taxes of $1,394. That is higher than the Polk County average of 0.799%.
What is the average home price in Cedartown?
The median owner-occupied home value in Cedartown, Georgia is $148,000, against $163,500 across Polk County.
Is it cheaper to rent or buy in Cedartown?
Median gross rent in Cedartown is $857 a month, against $1,275 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 Cedartown — 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.