The typical owner-occupied home in Willacoochee is worth about $43,200, 86% below the Georgia median of $303,300 and 87% below the national median of $332,700. Owners pay a median $544 a year in property taxes, about 1.26% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $32,750 a year, so the median home costs 1.3 times the median income (3.9 times for Georgia). 57% of occupied homes here are lived in by their owners, and 31% of those owners still have a mortgage.
Willacoochee at a glance
| Willacoochee | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $43,200 | $303,300 | $332,700 |
| Median property tax paid per year | $544 | $2,341 | $3,119 |
| Property tax as a share of value | 1.26% | 0.77% | 0.94% |
| Median household income | $32,750 | $77,353 | $80,734 |
| Homes lived in by their owners | 57% | 66% | 65% |
| Owner homes with a mortgage | 31% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $910 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 23.5% | 20.0% | 21.0% |
| Median rent | $629 | $1,393 | $1,413 |
| Rent as a share of renters' income | 25.2% | 31.3% | 30.6% |
| Median year homes were built | 1988 | 1992 | 1980 |
| Vacant homes | 14.6% | 10.3% | 10.1% |
| Population | 1,301 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Willacoochee
At this week's average 30-year rate of 7.11%, buying the median Willacoochee home of $43,200 with 20% down costs about $296 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $368, 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 $12,679 for the 20%-down payment. That payment is 11% of the median Willacoochee household income of $32,750; at that income and 20% down, the 28% guideline points to a home of about $112,000.
The median rent here is $629 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $8,640 |
|---|---|
| Loan amount | $34,560 |
| Principal and interest | $232 |
| Property taxes (1.26% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $18 |
| PMI | $0 |
| Total per month | $296 |
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| Down payment | $1,512 |
|---|---|
| Loan amount | $42,418 |
| Principal and interest | $285 |
| Property taxes (1.26% a year) | $45 |
| Homeowners insurance (our estimate, 0.5% a year) | $18 |
| FHA mortgage insurance | $19 |
| Total per month | $368 |
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Questions about home buying in Willacoochee
What is the median home value in Willacoochee?
About $43,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Willacoochee?
Homeowners pay a median $544 a year, which is about 1.26% 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 Willacoochee?
For the median home with 20% down at 7.11%, the payment is about $296 a month. Keeping that under 28% of gross income takes about $12,679 a year.
More about Willacoochee
- Mortgage Refinance in Willacoochee
- Debt Relief in Willacoochee
- Home Equity Loans in Willacoochee
- 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