The typical owner-occupied home in Bainbridge is worth about $174,700, 42% below the Georgia median of $303,300 and 47% below the national median of $332,700. Owners pay a median $1,829 a year in property taxes, about 1.05% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $45,422 a year, so the median home costs 3.8 times the median income (3.9 times for Georgia). 56% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Bainbridge at a glance
| Bainbridge | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $174,700 | $303,300 | $332,700 |
| Median property tax paid per year | $1,829 | $2,341 | $3,119 |
| Property tax as a share of value | 1.05% | 0.77% | 0.94% |
| Median household income | $45,422 | $77,353 | $80,734 |
| Homes lived in by their owners | 56% | 66% | 65% |
| Owner homes with a mortgage | 43% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,260 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 24.3% | 20.0% | 21.0% |
| Median rent | $791 | $1,393 | $1,413 |
| Rent as a share of renters' income | 26.9% | 31.3% | 30.6% |
| Median year homes were built | 1983 | 1992 | 1980 |
| Vacant homes | 18.3% | 10.3% | 10.1% |
| Population | 14,404 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Bainbridge
At this week's average 30-year rate of 7.11%, buying the median Bainbridge home of $174,700 with 20% down costs about $1,166 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,457, 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 $49,964 for the 20%-down payment. That payment is 31% of the median Bainbridge household income of $45,422; at that income and 20% down, the 28% guideline points to a home of about $159,000.
The median rent here is $791 a month, so owning the median home costs about $375 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $34,940 |
|---|---|
| Loan amount | $139,760 |
| Principal and interest | $940 |
| Property taxes (1.05% a year) | $153 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| PMI | $0 |
| Total per month | $1,166 |
Change the numbers in the calculator
| Down payment | $6,114 |
|---|---|
| Loan amount | $171,536 |
| Principal and interest | $1,154 |
| Property taxes (1.05% a year) | $153 |
| Homeowners insurance (our estimate, 0.5% a year) | $73 |
| FHA mortgage insurance | $77 |
| Total per month | $1,457 |
Change the numbers in the calculator
Questions about home buying in Bainbridge
What is the median home value in Bainbridge?
About $174,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bainbridge?
Homeowners pay a median $1,829 a year, which is about 1.05% 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 Bainbridge?
For the median home with 20% down at 7.11%, the payment is about $1,166 a month. Keeping that under 28% of gross income takes about $49,964 a year.
More about Bainbridge
- Mortgage Refinance in Bainbridge
- Debt Relief in Bainbridge
- Home Equity Loans in Bainbridge
- 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