Total monthly cost of ownership
Cost to Own a Home in Thomaston, Georgia
A $146,000 home here costs
$1,338per 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 $57,500 a year.
A standard mortgage calculator would have told you $796. The real number is $542 higher every month, 68% more than the payment most buyers budget for.
Compare Upson 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.
Thomaston against Upson County and Georgia
| Measure | Thomaston | Upson County |
|---|---|---|
| Median home value | $146,100 | $149,500 |
| Median property tax | $1,415 | $1,325 |
| Effective tax rate | 0.969% | 0.886% |
| Median gross rent | $700 | $779 |
| Population | 9,798 | 27,856 |
The weather behind that power bill
Thomaston sits in Upson County, which averages a high of 90.9°F in its hottest month and a low of 33.4°F in its coldest, with 50.46" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,935 cooling and 2,463 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Upson County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Upson County
Talk to someone who works this market
These are Thomaston 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 Thomaston every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Thomaston I already own here and may sell
Common questions
How much does it cost to own a home in Thomaston?
A $146,000 home in Thomaston, Georgia costs approximately $1,338 per month with 20% down at 7.24%. That is $796 principal and interest, $118 property tax, $63 homeowners insurance, $239 utilities and $122 set aside for maintenance.
What is the property tax rate in Thomaston?
Thomaston has an effective property tax rate of 0.969%, based on a median home value of $146,100 and median real estate taxes of $1,415. That is higher than the Upson County average of 0.886%.
What is the average home price in Thomaston?
The median owner-occupied home value in Thomaston, Georgia is $146,100, against $149,500 across Upson County.
Is it cheaper to rent or buy in Thomaston?
Median gross rent in Thomaston is $700 a month, against $1,338 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 Thomaston?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Thomaston, Georgia at today's rate takes a household income of roughly $57,500 a year. That covers the full $1,338 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Thomaston, 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.