The typical owner-occupied home in Moreland is worth about $290,100, 4% below the Georgia median of $303,300 and 13% below the national median of $332,700. Owners pay a median $1,377 a year in property taxes, about 0.47% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $94,500 a year, so the median home costs 3.1 times the median income (3.9 times for Georgia). 79% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.
Moreland at a glance
| Moreland | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $290,100 | $303,300 | $332,700 |
| Median property tax paid per year | $1,377 | $2,341 | $3,119 |
| Property tax as a share of value | 0.47% | 0.77% | 0.94% |
| Median household income | $94,500 | $77,353 | $80,734 |
| Homes lived in by their owners | 79% | 66% | 65% |
| Owner homes with a mortgage | 64% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,577 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 14.0% | 20.0% | 21.0% |
| Median rent | $1,161 | $1,393 | $1,413 |
| Rent as a share of renters' income | 19.1% | 31.3% | 30.6% |
| Median year homes were built | 1982 | 1992 | 1980 |
| Vacant homes | 3.3% | 10.3% | 10.1% |
| Population | 685 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Moreland
At this week's average 30-year rate of 7.11%, buying the median Moreland home of $290,100 with 20% down costs about $1,796 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,279, 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 $76,959 for the 20%-down payment. That payment is 23% of the median Moreland household income of $94,500; at that income and 20% down, the 28% guideline points to a home of about $356,000.
The median rent here is $1,161 a month, so owning the median home costs about $635 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $58,020 |
|---|---|
| Loan amount | $232,080 |
| Principal and interest | $1,561 |
| Property taxes (0.47% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $121 |
| PMI | $0 |
| Total per month | $1,796 |
Change the numbers in the calculator
| Down payment | $10,154 |
|---|---|
| Loan amount | $284,846 |
| Principal and interest | $1,916 |
| Property taxes (0.47% a year) | $114 |
| Homeowners insurance (our estimate, 0.5% a year) | $121 |
| FHA mortgage insurance | $128 |
| Total per month | $2,279 |
Change the numbers in the calculator
Questions about home buying in Moreland
What is the median home value in Moreland?
About $290,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Moreland?
Homeowners pay a median $1,377 a year, which is about 0.47% 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 Moreland?
For the median home with 20% down at 7.11%, the payment is about $1,796 a month. Keeping that under 28% of gross income takes about $76,959 a year.
More about Moreland
- Mortgage Refinance in Moreland
- Debt Relief in Moreland
- Home Equity Loans in Moreland
- 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