Cost to Own
United StatesGeorgiaRichmond CountyHephzibah Population 3,688 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Hephzibah, Georgia

A $185,000 home here costs

$1,482

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

A standard mortgage calculator would have told you $951. The real number is $531 higher every month — 56% more than the payment most buyers budget for.

Hephzibah median: $184,700
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, $148,000 borrowed $951
Property tax0.561% effective rate for Hephzibah itself $86
Homeowners insuranceGeorgia averages $1,466/yr (NAIC), or 0.521% of home value $80
Electricity15.84¢/kWh — Georgia residential average, EIA $142
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $154
Total monthly $1,482

Hephzibah against Richmond County and Georgia

MeasureHephzibahRichmond County
Median home value$184,700$163,300
Median property tax$1,036$1,440
Effective tax rate0.561%0.882%
Median gross rent$1,058$1,087
Population3,688206,040

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 $142 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

Common questions

How much does it cost to own a home in Hephzibah?

A $185,000 home in Hephzibah, Georgia costs approximately $1,482 per month with 20% down at 6.66%. That is $951 principal and interest, $86 property tax, $80 homeowners insurance, $210 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 $1,482 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 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.

Full methodology