Total monthly cost of ownership
Cost to Own a Home in Rock Spring, Georgia
A $159,000 home here costs
$1,479per 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 $63,500 a year.
A standard mortgage calculator would have told you $867. The real number is $612 higher every month, 71% more than the payment most buyers budget for.
Compare Walker County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Rock Spring from a five-year rolling sample, and with about 1,310 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 Walker 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.
Rock Spring against Walker County and Georgia
| Measure | Rock Spring | Walker County |
|---|---|---|
| Median home value | $158,600 | $173,900 |
| Median property tax | $2,058 | $1,353 |
| Effective tax rate | 1.298% | 0.778% |
| Median gross rent | $656 | $867 |
| Population | 1,310 | 68,449 |
The weather behind that power bill
Rock Spring sits in Walker County, which averages a high of 88.9°F in its hottest month and a low of 32.9°F in its coldest, with 57" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,733 cooling and 3,080 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Walker County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Walker County
Talk to someone who works this market
These are Rock Spring 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 Rock Spring every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Rock Spring I already own here and may sell
Common questions
How much does it cost to own a home in Rock Spring?
A $159,000 home in Rock Spring, Georgia costs approximately $1,479 per month with 20% down at 7.24%. That is $867 principal and interest, $172 property tax, $69 homeowners insurance, $239 utilities and $133 set aside for maintenance.
What is the property tax rate in Rock Spring?
Rock Spring has an effective property tax rate of 1.298%, based on a median home value of $158,600 and median real estate taxes of $2,058. That is higher than the Walker County average of 0.778%.
What is the average home price in Rock Spring?
The median owner-occupied home value in Rock Spring, Georgia is $158,600, against $173,900 across Walker County.
Is it cheaper to rent or buy in Rock Spring?
Median gross rent in Rock Spring is $656 a month, against $1,479 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 Rock Spring?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Rock Spring, Georgia at today's rate takes a household income of roughly $63,500 a year. That covers the full $1,479 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Rock Spring, 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.