Total monthly cost of ownership
Cost to Own a Home in Louisville, Georgia
A $127,000 home here costs
$1,103per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $653. The real number is $450 higher every month — 69% 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.
Louisville against Jefferson County and Georgia
| Measure | Louisville | Jefferson County |
|---|---|---|
| Median home value | $127,000 | $93,100 |
| Median property tax | $941 | $923 |
| Effective tax rate | 0.741% | 0.991% |
| Median gross rent | $659 | $723 |
| Population | 2,448 | 15,468 |
The weather behind that power bill
Louisville sits in Jefferson County, which averages a high of 91.2°F in its hottest month and a low of 34.0°F in its coldest, with 47.57" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,007 cooling and 2,510 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Jefferson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jefferson County
Full Jefferson County cost breakdown · Every county in Georgia
Common questions
How much does it cost to own a home in Louisville?
A $127,000 home in Louisville, Georgia costs approximately $1,103 per month with 20% down at 6.66%. That is $653 principal and interest, $78 property tax, $55 homeowners insurance, $210 utilities and $106 set aside for maintenance.
What is the property tax rate in Louisville?
Louisville has an effective property tax rate of 0.741%, based on a median home value of $127,000 and median real estate taxes of $941. That is lower than the Jefferson County average of 0.991%.
What is the average home price in Louisville?
The median owner-occupied home value in Louisville, Georgia is $127,000, against $93,100 across Jefferson County.
Is it cheaper to rent or buy in Louisville?
Median gross rent in Louisville is $659 a month, against $1,103 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 Louisville — 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.