Total monthly cost of ownership
Cost to Own a Home in Young Harris, Georgia
A $277,000 home here costs
$2,099per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,424. The real number is $675 higher every month — 47% 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.
Young Harris against Towns County and Georgia
| Measure | Young Harris | Towns County |
|---|---|---|
| Median home value | $276,500 | $311,900 |
| Median property tax | $1,355 | $1,139 |
| Effective tax rate | 0.490% | 0.365% |
| Median gross rent | $733 | $822 |
| Population | 1,087 | 12,739 |
The weather behind that power bill
Young Harris sits in Towns County, which averages a high of 84.8°F in its hottest month and a low of 25.4°F in its coldest, with 60.3" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 849 cooling and 4,142 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for Towns County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Towns County
Common questions
How much does it cost to own a home in Young Harris?
A $277,000 home in Young Harris, Georgia costs approximately $2,099 per month with 20% down at 6.66%. That is $1,424 principal and interest, $113 property tax, $120 homeowners insurance, $210 utilities and $231 set aside for maintenance.
What is the property tax rate in Young Harris?
Young Harris has an effective property tax rate of 0.490%, based on a median home value of $276,500 and median real estate taxes of $1,355. That is higher than the Towns County average of 0.365%.
What is the average home price in Young Harris?
The median owner-occupied home value in Young Harris, Georgia is $276,500, against $311,900 across Towns County.
Is it cheaper to rent or buy in Young Harris?
Median gross rent in Young Harris is $733 a month, against $2,099 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 Young Harris — 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.