Total monthly cost of ownership
Cost to Own a Home in Fitzgerald, Georgia
A $100,000 home here costs
$1,006per 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 $43,000 a year.
A standard mortgage calculator would have told you $545. The real number is $460 higher every month, 84% more than the payment most buyers budget for.
Compare Ben Hill 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.
Fitzgerald against Ben Hill County and Georgia
| Measure | Fitzgerald | Ben Hill County |
|---|---|---|
| Median home value | $99,900 | $114,600 |
| Median property tax | $1,138 | $1,216 |
| Effective tax rate | 1.139% | 1.061% |
| Median gross rent | $669 | $692 |
| Population | 8,962 | 17,138 |
Fitzgerald extends across 2 counties. Figures here use Ben Hill County, where most of its housing sits.
The weather behind that power bill
Fitzgerald sits in Ben Hill County, which averages a high of 92.4°F in its hottest month and a low of 38.6°F in its coldest, with 47.64" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,387 cooling and 1,869 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Ben Hill County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ben Hill County
No other places of this size are published in Ben Hill County.
Full Ben Hill County cost breakdown · Every county in Georgia
Talk to someone who works this market
These are Fitzgerald 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 Fitzgerald every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Fitzgerald I already own here and may sell
Common questions
How much does it cost to own a home in Fitzgerald?
A $100,000 home in Fitzgerald, Georgia costs approximately $1,006 per month with 20% down at 7.24%. That is $545 principal and interest, $95 property tax, $43 homeowners insurance, $239 utilities and $83 set aside for maintenance.
What is the property tax rate in Fitzgerald?
Fitzgerald has an effective property tax rate of 1.139%, based on a median home value of $99,900 and median real estate taxes of $1,138. That is higher than the Ben Hill County average of 1.061%.
What is the average home price in Fitzgerald?
The median owner-occupied home value in Fitzgerald, Georgia is $99,900, against $114,600 across Ben Hill County.
Is it cheaper to rent or buy in Fitzgerald?
Median gross rent in Fitzgerald is $669 a month, against $1,006 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 Fitzgerald?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Fitzgerald, Georgia at today's rate takes a household income of roughly $43,000 a year. That covers the full $1,006 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Fitzgerald, 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.