The typical owner-occupied home in Baxley is worth about $72,300, 76% below the Georgia median of $303,300 and 78% below the national median of $332,700. Owners pay a median $644 a year in property taxes, about 0.89% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $29,880 a year, so the median home costs 2.4 times the median income (3.9 times for Georgia). 60% of occupied homes here are lived in by their owners, and 37% of those owners still have a mortgage.
Baxley at a glance
| Baxley | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $72,300 | $303,300 | $332,700 |
| Median property tax paid per year | $644 | $2,341 | $3,119 |
| Property tax as a share of value | 0.89% | 0.77% | 0.94% |
| Median household income | $29,880 | $77,353 | $80,734 |
| Homes lived in by their owners | 60% | 66% | 65% |
| Owner homes with a mortgage | 37% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,197 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 30.6% | 20.0% | 21.0% |
| Median rent | $725 | $1,393 | $1,413 |
| Rent as a share of renters' income | 32.1% | 31.3% | 30.6% |
| Median year homes were built | 1982 | 1992 | 1980 |
| Vacant homes | 13.5% | 10.3% | 10.1% |
| Population | 4,888 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Baxley
At this week's average 30-year rate of 7.11%, buying the median Baxley home of $72,300 with 20% down costs about $473 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $593, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $20,265 for the 20%-down payment. That payment is 19% of the median Baxley household income of $29,880; at that income and 20% down, the 28% guideline points to a home of about $107,000.
The median rent here is $725 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $14,460 |
|---|---|
| Loan amount | $57,840 |
| Principal and interest | $389 |
| Property taxes (0.89% a year) | $54 |
| Homeowners insurance (our estimate, 0.5% a year) | $30 |
| PMI | $0 |
| Total per month | $473 |
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| Down payment | $2,530 |
|---|---|
| Loan amount | $70,990 |
| Principal and interest | $478 |
| Property taxes (0.89% a year) | $54 |
| Homeowners insurance (our estimate, 0.5% a year) | $30 |
| FHA mortgage insurance | $32 |
| Total per month | $593 |
Change the numbers in the calculator
Questions about home buying in Baxley
What is the median home value in Baxley?
About $72,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Baxley?
Homeowners pay a median $644 a year, which is about 0.89% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Baxley?
For the median home with 20% down at 7.11%, the payment is about $473 a month. Keeping that under 28% of gross income takes about $20,265 a year.
More about Baxley
- Mortgage Refinance in Baxley
- Debt Relief in Baxley
- Home Equity Loans in Baxley
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data