Total monthly cost of ownership
Cost to Own a Home in Heron Bay, Georgia
A $354,000 home here costs
$2,754per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,820. The real number is $934 higher every month — 51% 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.
Heron Bay against Henry County and Georgia
| Measure | Heron Bay | Henry County |
|---|---|---|
| Median home value | $353,800 | $277,400 |
| Median property tax | $3,300 | $2,559 |
| Effective tax rate | 0.933% | 0.922% |
| Median gross rent | — | $1,538 |
| Population | 4,561 | 245,417 |
Heron Bay extends across 2 counties. Figures here use Henry County, where most of its housing sits.
The weather behind that power bill
Heron Bay sits in Henry County, which averages a high of 91.8°F in its hottest month and a low of 31.7°F in its coldest, with 51.15" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,844 cooling and 2,908 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Henry County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Henry County
Common questions
How much does it cost to own a home in Heron Bay?
A $354,000 home in Heron Bay, Georgia costs approximately $2,754 per month with 20% down at 6.66%. That is $1,820 principal and interest, $275 property tax, $154 homeowners insurance, $210 utilities and $295 set aside for maintenance.
What is the property tax rate in Heron Bay?
Heron Bay has an effective property tax rate of 0.933%, based on a median home value of $353,800 and median real estate taxes of $3,300. That is higher than the Henry County average of 0.922%.
What is the average home price in Heron Bay?
The median owner-occupied home value in Heron Bay, Georgia is $353,800, against $277,400 across Henry County.
Is it cheaper to rent or buy in Heron Bay?
Rent data is not published for Heron Bay at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Heron Bay — 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.