Total monthly cost of ownership
Cost to Own a Home in Georgiana, Alabama
A $58,000 home here costs
$625per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $298. The real number is $327 higher every month — 110% 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.
Georgiana against Butler County and Alabama
| Measure | Georgiana | Butler County |
|---|---|---|
| Median home value | $57,900 | $99,700 |
| Median property tax | $242 | $342 |
| Effective tax rate | 0.418% | 0.343% |
| Median gross rent | $613 | $722 |
| Population | 1,432 | 18,807 |
The weather behind that power bill
Georgiana sits in Butler County, which averages a high of 92.4°F in its hottest month and a low of 36.9°F in its coldest, with 55.24" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 2,364 cooling and 1,952 heating degree days, which is what sets the $151 electricity line above.
See the full climate breakdown for Butler County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Butler County
Common questions
How much does it cost to own a home in Georgiana?
A $58,000 home in Georgiana, Alabama costs approximately $625 per month with 20% down at 6.66%. That is $298 principal and interest, $20 property tax, $40 homeowners insurance, $219 utilities and $48 set aside for maintenance.
What is the property tax rate in Georgiana?
Georgiana has an effective property tax rate of 0.418%, based on a median home value of $57,900 and median real estate taxes of $242. That is higher than the Butler County average of 0.343%.
What is the average home price in Georgiana?
The median owner-occupied home value in Georgiana, Alabama is $57,900, against $99,700 across Butler County.
Is it cheaper to rent or buy in Georgiana?
Median gross rent in Georgiana is $613 a month, against $625 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 Georgiana — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Alabama.
- 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.