Total monthly cost of ownership
Cost to Own a Home in Swainsboro, Georgia
A $105,000 home here costs
$1,037per 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 $572. The real number is $464 higher every month, 81% more than the payment most buyers budget for.
Compare Emanuel County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Swainsboro against Emanuel County and Georgia
| Measure | Swainsboro | Emanuel County |
|---|---|---|
| Median home value | $104,800 | $88,200 |
| Median property tax | $1,109 | $860 |
| Effective tax rate | 1.058% | 0.975% |
| Median gross rent | $788 | $742 |
| Population | 7,561 | 22,961 |
The weather behind that power bill
Swainsboro sits in Emanuel County, which averages a high of 92.7°F in its hottest month and a low of 34.7°F in its coldest, with 48.97" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 2,081 cooling and 2,430 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Emanuel County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Emanuel County
Full Emanuel County cost breakdown · Every county in Georgia
Talk to someone who works this market
These are Swainsboro 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 Swainsboro every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Swainsboro I already own here and may sell
Common questions
How much does it cost to own a home in Swainsboro?
A $105,000 home in Swainsboro, Georgia costs approximately $1,037 per month with 20% down at 7.24%. That is $572 principal and interest, $93 property tax, $46 homeowners insurance, $239 utilities and $88 set aside for maintenance.
What is the property tax rate in Swainsboro?
Swainsboro has an effective property tax rate of 1.058%, based on a median home value of $104,800 and median real estate taxes of $1,109. That is higher than the Emanuel County average of 0.975%.
What is the average home price in Swainsboro?
The median owner-occupied home value in Swainsboro, Georgia is $104,800, against $88,200 across Emanuel County.
Is it cheaper to rent or buy in Swainsboro?
Median gross rent in Swainsboro is $788 a month, against $1,037 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 Swainsboro?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Swainsboro, Georgia at today's rate takes a household income of roughly $44,500 a year. That covers the full $1,037 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Swainsboro, 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.