Total monthly cost of ownership
Cost to Own a Home in Gumlog, Georgia
A $166,000 home here costs
$1,394per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $853. The real number is $541 higher every month — 63% 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.
Gumlog against Franklin County and Georgia
| Measure | Gumlog | Franklin County |
|---|---|---|
| Median home value | $166,100 | $160,600 |
| Median property tax | $1,444 | $1,231 |
| Effective tax rate | 0.869% | 0.767% |
| Median gross rent | $678 | $778 |
| Population | 2,303 | 23,840 |
The weather behind that power bill
Gumlog sits in Franklin County, which averages a high of 88.7°F in its hottest month and a low of 33.6°F in its coldest, with 48.99" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 1,666 cooling and 2,960 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Franklin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Franklin County
Full Franklin County cost breakdown · Every county in Georgia
Common questions
How much does it cost to own a home in Gumlog?
A $166,000 home in Gumlog, Georgia costs approximately $1,394 per month with 20% down at 6.66%. That is $853 principal and interest, $120 property tax, $72 homeowners insurance, $210 utilities and $138 set aside for maintenance.
What is the property tax rate in Gumlog?
Gumlog has an effective property tax rate of 0.869%, based on a median home value of $166,100 and median real estate taxes of $1,444. That is higher than the Franklin County average of 0.767%.
What is the average home price in Gumlog?
The median owner-occupied home value in Gumlog, Georgia is $166,100, against $160,600 across Franklin County.
Is it cheaper to rent or buy in Gumlog?
Median gross rent in Gumlog is $678 a month, against $1,394 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 Gumlog — 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.