The typical owner-occupied home in Lithonia is worth about $223,000, 26% below the Georgia median of $303,300 and 33% below the national median of $332,700. Owners pay a median $2,617 a year in property taxes, about 1.17% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $61,713 a year, so the median home costs 3.6 times the median income (3.9 times for Georgia). 42% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Lithonia at a glance
| Lithonia | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $223,000 | $303,300 | $332,700 |
| Median property tax paid per year | $2,617 | $2,341 | $3,119 |
| Property tax as a share of value | 1.17% | 0.77% | 0.94% |
| Median household income | $61,713 | $77,353 | $80,734 |
| Homes lived in by their owners | 42% | 66% | 65% |
| Owner homes with a mortgage | 63% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $2,115 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 19.5% | 20.0% | 21.0% |
| Median rent | $1,336 | $1,393 | $1,413 |
| Rent as a share of renters' income | 29.4% | 31.3% | 30.6% |
| Median year homes were built | 1977 | 1992 | 1980 |
| Vacant homes | 12.7% | 10.3% | 10.1% |
| Population | 2,622 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Lithonia
At this week's average 30-year rate of 7.11%, buying the median Lithonia home of $223,000 with 20% down costs about $1,510 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,882, 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 $64,734 for the 20%-down payment. That payment is 29% of the median Lithonia household income of $61,713; at that income and 20% down, the 28% guideline points to a home of about $213,000.
The median rent here is $1,336 a month, so owning the median home costs about $174 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $44,600 |
|---|---|
| Loan amount | $178,400 |
| Principal and interest | $1,200 |
| Property taxes (1.17% a year) | $217 |
| Homeowners insurance (our estimate, 0.5% a year) | $93 |
| PMI | $0 |
| Total per month | $1,510 |
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| Down payment | $7,805 |
|---|---|
| Loan amount | $218,961 |
| Principal and interest | $1,473 |
| Property taxes (1.17% a year) | $217 |
| Homeowners insurance (our estimate, 0.5% a year) | $93 |
| FHA mortgage insurance | $99 |
| Total per month | $1,882 |
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Questions about home buying in Lithonia
What is the median home value in Lithonia?
About $223,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Lithonia?
Homeowners pay a median $2,617 a year, which is about 1.17% 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 Lithonia?
For the median home with 20% down at 7.11%, the payment is about $1,510 a month. Keeping that under 28% of gross income takes about $64,734 a year.
More about Lithonia
- Mortgage Refinance in Lithonia
- Debt Relief in Lithonia
- Home Equity Loans in Lithonia
- 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