The typical owner-occupied home in Waynesboro is worth about $161,500, 47% below the Georgia median of $303,300 and 51% below the national median of $332,700. Owners pay a median $1,171 a year in property taxes, about 0.73% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $41,620 a year, so the median home costs 3.9 times the median income (3.9 times for Georgia). 29% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Waynesboro at a glance
| Waynesboro | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $161,500 | $303,300 | $332,700 |
| Median property tax paid per year | $1,171 | $2,341 | $3,119 |
| Property tax as a share of value | 0.73% | 0.77% | 0.94% |
| Median household income | $41,620 | $77,353 | $80,734 |
| Homes lived in by their owners | 29% | 66% | 65% |
| Owner homes with a mortgage | 45% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,379 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 22.4% | 20.0% | 21.0% |
| Median rent | $746 | $1,393 | $1,413 |
| Rent as a share of renters' income | 28.8% | 31.3% | 30.6% |
| Median year homes were built | 1966 | 1992 | 1980 |
| Vacant homes | 17.5% | 10.3% | 10.1% |
| Population | 5,644 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Waynesboro
At this week's average 30-year rate of 7.11%, buying the median Waynesboro home of $161,500 with 20% down costs about $1,035 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,304, 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 $44,343 for the 20%-down payment. That payment is 30% of the median Waynesboro household income of $41,620; at that income and 20% down, the 28% guideline points to a home of about $152,000.
The median rent here is $746 a month, so owning the median home costs about $289 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $32,300 |
|---|---|
| Loan amount | $129,200 |
| Principal and interest | $869 |
| Property taxes (0.73% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| PMI | $0 |
| Total per month | $1,035 |
Change the numbers in the calculator
| Down payment | $5,652 |
|---|---|
| Loan amount | $158,575 |
| Principal and interest | $1,067 |
| Property taxes (0.73% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| FHA mortgage insurance | $71 |
| Total per month | $1,304 |
Change the numbers in the calculator
Questions about home buying in Waynesboro
What is the median home value in Waynesboro?
About $161,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Waynesboro?
Homeowners pay a median $1,171 a year, which is about 0.73% 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 Waynesboro?
For the median home with 20% down at 7.11%, the payment is about $1,035 a month. Keeping that under 28% of gross income takes about $44,343 a year.
More about Waynesboro
- Mortgage Refinance in Waynesboro
- Debt Relief in Waynesboro
- Home Equity Loans in Waynesboro
- 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