The typical owner-occupied home in Ringgold is worth about $243,300, 20% below the Georgia median of $303,300 and 27% below the national median of $332,700. Owners pay a median $1,721 a year in property taxes, about 0.71% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $42,583 a year, so the median home costs 5.7 times the median income (3.9 times for Georgia). 48% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Ringgold at a glance
| Ringgold | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $243,300 | $303,300 | $332,700 |
| Median property tax paid per year | $1,721 | $2,341 | $3,119 |
| Property tax as a share of value | 0.71% | 0.77% | 0.94% |
| Median household income | $42,583 | $77,353 | $80,734 |
| Homes lived in by their owners | 48% | 66% | 65% |
| Owner homes with a mortgage | 53% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,292 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 16.0% | 20.0% | 21.0% |
| Median rent | $956 | $1,393 | $1,413 |
| Rent as a share of renters' income | 35.4% | 31.3% | 30.6% |
| Median year homes were built | 2001 | 1992 | 1980 |
| Vacant homes | 3.1% | 10.3% | 10.1% |
| Population | 3,435 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Ringgold
At this week's average 30-year rate of 7.11%, buying the median Ringgold home of $243,300 with 20% down costs about $1,555 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,960, 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 $66,630 for the 20%-down payment. That payment is 44% of the median Ringgold household income of $42,583; at that income and 20% down, the 28% guideline points to a home of about $155,000.
The median rent here is $956 a month, so owning the median home costs about $599 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $48,660 |
|---|---|
| Loan amount | $194,640 |
| Principal and interest | $1,309 |
| Property taxes (0.71% a year) | $144 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| PMI | $0 |
| Total per month | $1,555 |
Change the numbers in the calculator
| Down payment | $8,516 |
|---|---|
| Loan amount | $238,893 |
| Principal and interest | $1,607 |
| Property taxes (0.71% a year) | $144 |
| Homeowners insurance (our estimate, 0.5% a year) | $101 |
| FHA mortgage insurance | $108 |
| Total per month | $1,960 |
Change the numbers in the calculator
Questions about home buying in Ringgold
What is the median home value in Ringgold?
About $243,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ringgold?
Homeowners pay a median $1,721 a year, which is about 0.71% 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 Ringgold?
For the median home with 20% down at 7.11%, the payment is about $1,555 a month. Keeping that under 28% of gross income takes about $66,630 a year.
More about Ringgold
- Mortgage Refinance in Ringgold
- Debt Relief in Ringgold
- Home Equity Loans in Ringgold
- 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