Total monthly cost of ownership
Cost to Own a Home in Hiram, Georgia
A $237,000 home here costs
$1,867per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,218. The real number is $648 higher every month — 53% 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.
Hiram against Paulding County and Georgia
| Measure | Hiram | Paulding County |
|---|---|---|
| Median home value | $236,700 | $289,000 |
| Median property tax | $1,650 | $2,444 |
| Effective tax rate | 0.697% | 0.846% |
| Median gross rent | $2,043 | $1,622 |
| Population | 5,073 | 174,292 |
The weather behind that power bill
Hiram sits in Paulding County, which averages a high of 89.6°F in its hottest month and a low of 31.4°F in its coldest, with 48.06" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,627 cooling and 3,118 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Paulding County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Paulding County
Full Paulding County cost breakdown · Every county in Georgia
Common questions
How much does it cost to own a home in Hiram?
A $237,000 home in Hiram, Georgia costs approximately $1,867 per month with 20% down at 6.66%. That is $1,218 principal and interest, $138 property tax, $103 homeowners insurance, $210 utilities and $198 set aside for maintenance.
What is the property tax rate in Hiram?
Hiram has an effective property tax rate of 0.697%, based on a median home value of $236,700 and median real estate taxes of $1,650. That is lower than the Paulding County average of 0.846%.
What is the average home price in Hiram?
The median owner-occupied home value in Hiram, Georgia is $236,700, against $289,000 across Paulding County.
Is it cheaper to rent or buy in Hiram?
Median gross rent in Hiram is $2,043 a month, against $1,867 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Hiram — 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.