Total monthly cost of ownership
Cost to Own a Home in Ringgold, Georgia
A $195,000 home here costs
$1,585per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,002. The real number is $583 higher every month — 58% 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.
Ringgold against Catoosa County and Georgia
| Measure | Ringgold | Catoosa County |
|---|---|---|
| Median home value | $195,100 | $214,200 |
| Median property tax | $1,505 | $1,475 |
| Effective tax rate | 0.771% | 0.689% |
| Median gross rent | $812 | $953 |
| Population | 3,412 | 68,356 |
The weather behind that power bill
Ringgold sits in Catoosa County, which averages a high of 90.5°F in its hottest month and a low of 32.4°F in its coldest, with 55" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,921 cooling and 3,029 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Catoosa County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Catoosa County
Full Catoosa County cost breakdown · Every county in Georgia
Common questions
How much does it cost to own a home in Ringgold?
A $195,000 home in Ringgold, Georgia costs approximately $1,585 per month with 20% down at 6.66%. That is $1,002 principal and interest, $125 property tax, $85 homeowners insurance, $210 utilities and $163 set aside for maintenance.
What is the property tax rate in Ringgold?
Ringgold has an effective property tax rate of 0.771%, based on a median home value of $195,100 and median real estate taxes of $1,505. That is higher than the Catoosa County average of 0.689%.
What is the average home price in Ringgold?
The median owner-occupied home value in Ringgold, Georgia is $195,100, against $214,200 across Catoosa County.
Is it cheaper to rent or buy in Ringgold?
Median gross rent in Ringgold is $812 a month, against $1,585 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 Ringgold — 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.