Total monthly cost of ownership
Cost to Own a Home in Hephzibah, Georgia
A $185,000 home here costs
$1,568per 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 $67,000 a year.
A standard mortgage calculator would have told you $1,009. The real number is $560 higher every month, 55% more than the payment most buyers budget for.
Compare Richmond County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Hephzibah from a five-year rolling sample, and with about 3,688 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Richmond County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Hephzibah against Richmond County and Georgia
| Measure | Hephzibah | Richmond County |
|---|---|---|
| Median home value | $184,700 | $163,300 |
| Median property tax | $1,036 | $1,440 |
| Effective tax rate | 0.561% | 0.882% |
| Median gross rent | $1,058 | $1,087 |
| Population | 3,688 | 206,040 |
The weather behind that power bill
Hephzibah sits in Richmond County, which averages a high of 94.1°F in its hottest month and a low of 35.3°F in its coldest, with 44.09" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,361 cooling and 2,181 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Richmond County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Richmond County
Full Richmond County cost breakdown · Every county in Georgia
Talk to someone who works this market
These are Hephzibah 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 Hephzibah every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Hephzibah I already own here and may sell
Common questions
How much does it cost to own a home in Hephzibah?
A $185,000 home in Hephzibah, Georgia costs approximately $1,568 per month with 20% down at 7.24%. That is $1,009 principal and interest, $86 property tax, $80 homeowners insurance, $239 utilities and $154 set aside for maintenance.
What is the property tax rate in Hephzibah?
Hephzibah has an effective property tax rate of 0.561%, based on a median home value of $184,700 and median real estate taxes of $1,036. That is lower than the Richmond County average of 0.882%.
What is the average home price in Hephzibah?
The median owner-occupied home value in Hephzibah, Georgia is $184,700, against $163,300 across Richmond County.
Is it cheaper to rent or buy in Hephzibah?
Median gross rent in Hephzibah is $1,058 a month, against $1,568 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 Hephzibah?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Hephzibah, Georgia at today's rate takes a household income of roughly $67,000 a year. That covers the full $1,568 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Hephzibah, 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.