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Buying a home in Pavo, Georgia

The typical owner-occupied home in Pavo is worth about $120,700, 60% below the Georgia median of $303,300 and 64% below the national median of $332,700. Owners pay a median $947 a year in property taxes, about 0.78% of their home's value, close to the Georgia rate of 0.77%. The median household earns $52,708 a year, so the median home costs 2.3 times the median income (3.9 times for Georgia). 73% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.

Pavo at a glance

Pavo Georgia U.S.
Median home value $120,700 $303,300 $332,700
Median property tax paid per year $947 $2,341 $3,119
Property tax as a share of value 0.78% 0.77% 0.94%
Median household income $52,708 $77,353 $80,734
Homes lived in by their owners 73% 66% 65%
Owner homes with a mortgage 62% 63% 61%
Median monthly costs, owners with a mortgage $1,077 $1,783 $1,963
Those costs as a share of the owners' income 19.2% 20.0% 21.0%
Median rent $843 $1,393 $1,413
Rent as a share of renters' income 51.0% 31.3% 30.6%
Median year homes were built 1964 1992 1980
Vacant homes 5.9% 10.3% 10.1%
Population 901 10,940,407 334,922,499

What a typical home costs per month in Pavo

At this week's average 30-year rate of 7.11%, buying the median Pavo home of $120,700 with 20% down costs about $778 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $979, 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 $33,357 for the 20%-down payment. That payment is 18% of the median Pavo household income of $52,708; at that income and 20% down, the 28% guideline points to a home of about $191,000.

The median rent here is $843 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$24,140
Loan amount$96,560
Principal and interest$650
Property taxes (0.78% a year)$78
Homeowners insurance (our estimate, 0.5% a year)$50
PMI$0
Total per month$778

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3.5% down, 30-year FHA loan
Down payment$4,224
Loan amount$118,514
Principal and interest$797
Property taxes (0.78% a year)$78
Homeowners insurance (our estimate, 0.5% a year)$50
FHA mortgage insurance$53
Total per month$979

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Questions about home buying in Pavo

What is the median home value in Pavo?

About $120,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Pavo?

Homeowners pay a median $947 a year, which is about 0.78% 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 Pavo?

For the median home with 20% down at 7.11%, the payment is about $778 a month. Keeping that under 28% of gross income takes about $33,357 a year.

More about Pavo

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