Total monthly cost of ownership
Cost to Own a Home in McCaysville, Georgia
A $113,000 home here costs
$973per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $581. The real number is $392 higher every month — 68% 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.
McCaysville against Fannin County and Georgia
| Measure | McCaysville | Fannin County |
|---|---|---|
| Median home value | $112,500 | $274,600 |
| Median property tax | $464 | $959 |
| Effective tax rate | 0.412% | 0.349% |
| Median gross rent | $776 | $876 |
| Population | 1,571 | 25,605 |
The weather behind that power bill
McCaysville sits in Fannin County, which averages a high of 84.8°F in its hottest month and a low of 25.4°F in its coldest, with 60.3" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 849 cooling and 4,142 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Fannin County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Fannin County
Common questions
How much does it cost to own a home in McCaysville?
A $113,000 home in McCaysville, Georgia costs approximately $973 per month with 20% down at 6.66%. That is $581 principal and interest, $39 property tax, $49 homeowners insurance, $210 utilities and $94 set aside for maintenance.
What is the property tax rate in McCaysville?
McCaysville has an effective property tax rate of 0.412%, based on a median home value of $112,500 and median real estate taxes of $464. That is higher than the Fannin County average of 0.349%.
What is the average home price in McCaysville?
The median owner-occupied home value in McCaysville, Georgia is $112,500, against $274,600 across Fannin County.
Is it cheaper to rent or buy in McCaysville?
Median gross rent in McCaysville is $776 a month, against $973 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 McCaysville — 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.