Total monthly cost of ownership
Cost to Own a Home in Sylvania, Georgia
A $114,000 home here costs
$1,119per 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 $48,000 a year.
A standard mortgage calculator would have told you $622. The real number is $497 higher every month, 80% more than the payment most buyers budget for.
Compare Screven County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Sylvania from a five-year rolling sample, and with about 2,621 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 Screven 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.
Sylvania against Screven County and Georgia
| Measure | Sylvania | Screven County |
|---|---|---|
| Median home value | $113,800 | $122,300 |
| Median property tax | $1,364 | $1,444 |
| Effective tax rate | 1.199% | 1.181% |
| Median gross rent | $587 | $629 |
| Population | 2,621 | 14,057 |
The weather behind that power bill
Sylvania sits in Screven County, which averages a high of 91.5°F in its hottest month and a low of 35.8°F in its coldest, with 48.43" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 2,120 cooling and 2,302 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Screven County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Screven County
No other places of this size are published in Screven County.
Full Screven County cost breakdown · Every county in Georgia
Talk to someone who works this market
These are Sylvania 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 Sylvania every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Sylvania I already own here and may sell
Common questions
How much does it cost to own a home in Sylvania?
A $114,000 home in Sylvania, Georgia costs approximately $1,119 per month with 20% down at 7.24%. That is $622 principal and interest, $114 property tax, $49 homeowners insurance, $239 utilities and $95 set aside for maintenance.
What is the property tax rate in Sylvania?
Sylvania has an effective property tax rate of 1.199%, based on a median home value of $113,800 and median real estate taxes of $1,364. That is higher than the Screven County average of 1.181%.
What is the average home price in Sylvania?
The median owner-occupied home value in Sylvania, Georgia is $113,800, against $122,300 across Screven County.
Is it cheaper to rent or buy in Sylvania?
Median gross rent in Sylvania is $587 a month, against $1,119 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 Sylvania?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Sylvania, Georgia at today's rate takes a household income of roughly $48,000 a year. That covers the full $1,119 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Sylvania, 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.