Total monthly cost of ownership
Cost to Own a Home in Washington, Georgia
A $97,000 home here costs
$939per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $499. The real number is $440 higher every month — 88% 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.
Washington against Wilkes County and Georgia
| Measure | Washington | Wilkes County |
|---|---|---|
| Median home value | $96,600 | $105,000 |
| Median property tax | $1,277 | $1,194 |
| Effective tax rate | 1.322% | 1.137% |
| Median gross rent | $786 | $759 |
| Population | 3,700 | 9,553 |
The weather behind that power bill
Washington sits in Wilkes County, which averages a high of 89.8°F in its hottest month and a low of 33.5°F in its coldest, with 44.24" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,793 cooling and 2,797 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Wilkes County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wilkes County
No other places of this size are published in Wilkes County.
Common questions
How much does it cost to own a home in Washington?
A $97,000 home in Washington, Georgia costs approximately $939 per month with 20% down at 6.66%. That is $499 principal and interest, $107 property tax, $42 homeowners insurance, $210 utilities and $81 set aside for maintenance.
What is the property tax rate in Washington?
Washington has an effective property tax rate of 1.322%, based on a median home value of $96,600 and median real estate taxes of $1,277. That is higher than the Wilkes County average of 1.137%.
What is the average home price in Washington?
The median owner-occupied home value in Washington, Georgia is $96,600, against $105,000 across Wilkes County.
Is it cheaper to rent or buy in Washington?
Median gross rent in Washington is $786 a month, against $939 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 Washington — 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.