Total monthly cost of ownership
Cost to Own a Home in LaGrange, Georgia
A $176,000 home here costs
$1,486per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $905. The real number is $581 higher every month — 64% 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.
LaGrange against Troup County and Georgia
| Measure | LaGrange | Troup County |
|---|---|---|
| Median home value | $175,600 | $187,800 |
| Median property tax | $1,768 | $1,826 |
| Effective tax rate | 1.007% | 0.972% |
| Median gross rent | $1,038 | $1,044 |
| Population | 31,479 | 69,821 |
The weather behind that power bill
LaGrange sits in Troup County, which averages a high of 88.8°F in its hottest month and a low of 32.2°F in its coldest, with 53.03" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,670 cooling and 2,790 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Troup County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Troup County
Common questions
How much does it cost to own a home in LaGrange?
A $176,000 home in LaGrange, Georgia costs approximately $1,486 per month with 20% down at 6.66%. That is $905 principal and interest, $148 property tax, $76 homeowners insurance, $210 utilities and $147 set aside for maintenance.
What is the property tax rate in LaGrange?
LaGrange has an effective property tax rate of 1.007%, based on a median home value of $175,600 and median real estate taxes of $1,768. That is higher than the Troup County average of 0.972%.
What is the average home price in LaGrange?
The median owner-occupied home value in LaGrange, Georgia is $175,600, against $187,800 across Troup County.
Is it cheaper to rent or buy in LaGrange?
Median gross rent in LaGrange is $1,038 a month, against $1,486 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 LaGrange — 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.