Total monthly cost of ownership
Cost to Own a Home in Ocilla, Georgia
A $103,000 home here costs
$1,040per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $44,500 a year.
A standard mortgage calculator would have told you $562. The real number is $478 higher every month, 85% more than the payment most buyers budget for.
Compare Irwin County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Ocilla from a five-year rolling sample, and with about 3,233 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Irwin County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Ocilla against Irwin County and Georgia
| Measure | Ocilla | Irwin County |
|---|---|---|
| Median home value | $103,000 | $105,300 |
| Median property tax | $1,310 | $1,174 |
| Effective tax rate | 1.272% | 1.115% |
| Median gross rent | $796 | $824 |
| Population | 3,233 | 9,385 |
The weather behind that power bill
Ocilla sits in Irwin County, which averages a high of 92.4°F in its hottest month and a low of 38.6°F in its coldest, with 47.64" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,387 cooling and 1,869 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Irwin County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Irwin County
No other places of this size are published in Irwin County.
Talk to someone who works this market
These are Ocilla averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Ocilla every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Ocilla I already own here and may sell
Common questions
How much does it cost to own a home in Ocilla?
A $103,000 home in Ocilla, Georgia costs approximately $1,040 per month with 20% down at 7.24%. That is $562 principal and interest, $109 property tax, $45 homeowners insurance, $239 utilities and $86 set aside for maintenance.
What is the property tax rate in Ocilla?
Ocilla has an effective property tax rate of 1.272%, based on a median home value of $103,000 and median real estate taxes of $1,310. That is higher than the Irwin County average of 1.115%.
What is the average home price in Ocilla?
The median owner-occupied home value in Ocilla, Georgia is $103,000, against $105,300 across Irwin County.
Is it cheaper to rent or buy in Ocilla?
Median gross rent in Ocilla is $796 a month, against $1,040 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Ocilla?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Ocilla, Georgia at today's rate takes a household income of roughly $44,500 a year. That covers the full $1,040 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ocilla, 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.