Cost to Own
United StatesGeorgiaUpson CountyHannahs Mill Population 3,335 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Hannahs Mill, Georgia

A $142,000 home here costs

$1,234

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $730. The real number is $504 higher every month — 69% more than the payment most buyers budget for.

Hannahs Mill median: $142,400
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $113,600 borrowed $730
Property tax0.957% effective rate for Hannahs Mill itself $113
Homeowners insuranceGeorgia averages $1,466/yr (NAIC), or 0.521% of home value $62
Electricity15.84¢/kWh — Georgia residential average, EIA $142
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $118
Total monthly $1,234

Hannahs Mill against Upson County and Georgia

MeasureHannahs MillUpson County
Median home value$142,400$149,500
Median property tax$1,363$1,325
Effective tax rate0.957%0.886%
Median gross rent$867$779
Population3,33527,856

The weather behind that power bill

Hannahs Mill sits in Upson County, which averages a high of 90.9°F in its hottest month and a low of 33.4°F in its coldest, with 50.46" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,935 cooling and 2,463 heating degree days, which is what sets the $142 electricity line above.

See the full climate breakdown for Upson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Upson County

Full Upson County cost breakdown · Every county in Georgia

Common questions

How much does it cost to own a home in Hannahs Mill?

A $142,000 home in Hannahs Mill, Georgia costs approximately $1,234 per month with 20% down at 6.66%. That is $730 principal and interest, $113 property tax, $62 homeowners insurance, $210 utilities and $118 set aside for maintenance.

What is the property tax rate in Hannahs Mill?

Hannahs Mill has an effective property tax rate of 0.957%, based on a median home value of $142,400 and median real estate taxes of $1,363. That is higher than the Upson County average of 0.886%.

What is the average home price in Hannahs Mill?

The median owner-occupied home value in Hannahs Mill, Georgia is $142,400, against $149,500 across Upson County.

Is it cheaper to rent or buy in Hannahs Mill?

Median gross rent in Hannahs Mill is $867 a month, against $1,234 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 Hannahs Mill — 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.

Full methodology