Total monthly cost of ownership
Cost to Own a Home in Wadley, Georgia
A $60,000 home here costs
$646per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $308. The real number is $338 higher every month — 110% 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.
Wadley against Jefferson County and Georgia
| Measure | Wadley | Jefferson County |
|---|---|---|
| Median home value | $60,400 | $93,100 |
| Median property tax | $623 | $923 |
| Effective tax rate | 1.031% | 0.991% |
| Median gross rent | $594 | $723 |
| Population | 1,991 | 15,468 |
The weather behind that power bill
Wadley sits in Jefferson County, which averages a high of 91.2°F in its hottest month and a low of 34.0°F in its coldest, with 47.57" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 2,007 cooling and 2,510 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Jefferson County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Jefferson County
Full Jefferson County cost breakdown · Every county in Georgia
Common questions
How much does it cost to own a home in Wadley?
A $60,000 home in Wadley, Georgia costs approximately $646 per month with 20% down at 6.66%. That is $308 principal and interest, $52 property tax, $26 homeowners insurance, $210 utilities and $50 set aside for maintenance.
What is the property tax rate in Wadley?
Wadley has an effective property tax rate of 1.031%, based on a median home value of $60,400 and median real estate taxes of $623. That is higher than the Jefferson County average of 0.991%.
What is the average home price in Wadley?
The median owner-occupied home value in Wadley, Georgia is $60,400, against $93,100 across Jefferson County.
Is it cheaper to rent or buy in Wadley?
Median gross rent in Wadley is $594 a month, against $646 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 Wadley — 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.