Total monthly cost of ownership
Cost to Own a Home in Eastman, Georgia
A $145,000 home here costs
$1,263per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $745. The real number is $517 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.
Eastman against Dodge County and Georgia
| Measure | Eastman | Dodge County |
|---|---|---|
| Median home value | $145,300 | $108,700 |
| Median property tax | $1,481 | $1,037 |
| Effective tax rate | 1.019% | 0.954% |
| Median gross rent | $751 | $688 |
| Population | 5,624 | 19,909 |
The weather behind that power bill
Eastman sits in Dodge County, which averages a high of 91.1°F in its hottest month and a low of 38.4°F in its coldest, with 46.98" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,285 cooling and 1,990 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Dodge County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dodge County
Common questions
How much does it cost to own a home in Eastman?
A $145,000 home in Eastman, Georgia costs approximately $1,263 per month with 20% down at 6.66%. That is $745 principal and interest, $123 property tax, $63 homeowners insurance, $210 utilities and $121 set aside for maintenance.
What is the property tax rate in Eastman?
Eastman has an effective property tax rate of 1.019%, based on a median home value of $145,300 and median real estate taxes of $1,481. That is higher than the Dodge County average of 0.954%.
What is the average home price in Eastman?
The median owner-occupied home value in Eastman, Georgia is $145,300, against $108,700 across Dodge County.
Is it cheaper to rent or buy in Eastman?
Median gross rent in Eastman is $751 a month, against $1,263 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 Eastman — 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.