Total monthly cost of ownership
Cost to Own a Home in Duluth, Georgia
A $366,000 home here costs
$3,009per 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 $129,000 a year.
A standard mortgage calculator would have told you $1,995. The real number is $1,014 higher every month, 51% more than the payment most buyers budget for.
Compare Gwinnett 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.
Duluth against Gwinnett County and Georgia
| Measure | Duluth | Gwinnett County |
|---|---|---|
| Median home value | $366,000 | $345,700 |
| Median property tax | $3,732 | $3,381 |
| Effective tax rate | 1.020% | 0.978% |
| Median gross rent | $1,785 | $1,713 |
| Population | 31,958 | 966,972 |
The weather behind that power bill
Duluth sits in Gwinnett County, which averages a high of 89.4°F in its hottest month and a low of 32.7°F in its coldest, with 51.43" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 1,728 cooling and 2,980 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Gwinnett County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Gwinnett County
Full Gwinnett County cost breakdown · Every county in Georgia
Talk to someone who works this market
These are Duluth 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 Duluth every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Duluth I already own here and may sell
Common questions
How much does it cost to own a home in Duluth?
A $366,000 home in Duluth, Georgia costs approximately $3,009 per month with 20% down at 7.24%. That is $1,995 principal and interest, $311 property tax, $159 homeowners insurance, $239 utilities and $305 set aside for maintenance.
What is the property tax rate in Duluth?
Duluth has an effective property tax rate of 1.020%, based on a median home value of $366,000 and median real estate taxes of $3,732. That is higher than the Gwinnett County average of 0.978%.
What is the average home price in Duluth?
The median owner-occupied home value in Duluth, Georgia is $366,000, against $345,700 across Gwinnett County.
Is it cheaper to rent or buy in Duluth?
Median gross rent in Duluth is $1,785 a month, against $3,009 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 Duluth?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Duluth, Georgia at today's rate takes a household income of roughly $129,000 a year. That covers the full $3,009 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Duluth, 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.