Total monthly cost of ownership
Cost to Own a Home in Dahlonega, Georgia
A $409,000 home here costs
$3,217per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $138,000 a year.
A standard mortgage calculator would have told you $2,230. The real number is $988 higher every month, 44% more than the payment most buyers budget for.
Compare Lumpkin County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Dahlonega against Lumpkin County and Georgia
| Measure | Dahlonega | Lumpkin County |
|---|---|---|
| Median home value | $409,100 | $277,200 |
| Median property tax | $2,767 | $1,908 |
| Effective tax rate | 0.676% | 0.688% |
| Median gross rent | $1,290 | $1,090 |
| Population | 7,194 | 33,931 |
The weather behind that power bill
Dahlonega sits in Lumpkin County, which averages a high of 88.1°F in its hottest month and a low of 33.7°F in its coldest, with 52.38" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 1,632 cooling and 3,002 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Lumpkin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lumpkin County
No other places of this size are published in Lumpkin County.
Full Lumpkin County cost breakdown · Every county in Georgia
Talk to someone who works this market
These are Dahlonega averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Dahlonega every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Dahlonega I already own here and may sell
Common questions
How much does it cost to own a home in Dahlonega?
A $409,000 home in Dahlonega, Georgia costs approximately $3,217 per month with 20% down at 7.24%. That is $2,230 principal and interest, $230 property tax, $178 homeowners insurance, $239 utilities and $341 set aside for maintenance.
What is the property tax rate in Dahlonega?
Dahlonega has an effective property tax rate of 0.676%, based on a median home value of $409,100 and median real estate taxes of $2,767. That is lower than the Lumpkin County average of 0.688%.
What is the average home price in Dahlonega?
The median owner-occupied home value in Dahlonega, Georgia is $409,100, against $277,200 across Lumpkin County.
Is it cheaper to rent or buy in Dahlonega?
Median gross rent in Dahlonega is $1,290 a month, against $3,217 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Dahlonega?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Dahlonega, Georgia at today's rate takes a household income of roughly $138,000 a year. That covers the full $3,217 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Dahlonega, 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.