The typical owner-occupied home in Turin is worth about $590,900, 95% above the Georgia median of $303,300 and 78% above the national median of $332,700. Owners pay a median $4,920 a year in property taxes, about 0.83% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $230,313 a year, so the median home costs 2.6 times the median income (3.9 times for Georgia). 93% of occupied homes here are lived in by their owners, and 88% of those owners still have a mortgage.
Turin at a glance
| Turin | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $590,900 | $303,300 | $332,700 |
| Median property tax paid per year | $4,920 | $2,341 | $3,119 |
| Property tax as a share of value | 0.83% | 0.77% | 0.94% |
| Median household income | $230,313 | $77,353 | $80,734 |
| Homes lived in by their owners | 93% | 66% | 65% |
| Owner homes with a mortgage | 88% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 20.0% | 21.0% |
| Median rent | $930 | $1,393 | $1,413 |
| Rent as a share of renters' income | 18.5% | 31.3% | 30.6% |
| Median year homes were built | 2018 | 1992 | 1980 |
| Vacant homes | 4.2% | 10.3% | 10.1% |
| Population | 742 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Turin
At this week's average 30-year rate of 7.11%, buying the median Turin home of $590,900 with 20% down costs about $3,835 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,819, 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 $164,354 for the 20%-down payment. That payment is 20% of the median Turin household income of $230,313; at that income and 20% down, the 28% guideline points to a home of about $828,000.
The median rent here is $930 a month, so owning the median home costs about $2,905 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $118,180 |
|---|---|
| Loan amount | $472,720 |
| Principal and interest | $3,180 |
| Property taxes (0.83% a year) | $409 |
| Homeowners insurance (our estimate, 0.5% a year) | $246 |
| PMI | $0 |
| Total per month | $3,835 |
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| Down payment | $20,682 |
|---|---|
| Loan amount | $580,197 |
| Principal and interest | $3,903 |
| Property taxes (0.83% a year) | $409 |
| Homeowners insurance (our estimate, 0.5% a year) | $246 |
| FHA mortgage insurance | $261 |
| Total per month | $4,819 |
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Questions about home buying in Turin
What is the median home value in Turin?
About $590,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Turin?
Homeowners pay a median $4,920 a year, which is about 0.83% 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 Turin?
For the median home with 20% down at 7.11%, the payment is about $3,835 a month. Keeping that under 28% of gross income takes about $164,354 a year.
More about Turin
- Mortgage Refinance in Turin
- Debt Relief in Turin
- Home Equity Loans in Turin
- 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