The typical owner-occupied home in Blue Ridge is worth about $348,200, 15% above the Georgia median of $303,300 and 5% above the national median of $332,700. Owners pay a median $1,729 a year in property taxes, about 0.50% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $44,773 a year, so the median home costs 7.8 times the median income (3.9 times for Georgia). 34% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Blue Ridge at a glance
| Blue Ridge | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $348,200 | $303,300 | $332,700 |
| Median property tax paid per year | $1,729 | $2,341 | $3,119 |
| Property tax as a share of value | 0.50% | 0.77% | 0.94% |
| Median household income | $44,773 | $77,353 | $80,734 |
| Homes lived in by their owners | 34% | 66% | 65% |
| Owner homes with a mortgage | 41% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,500 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 20.0% | 20.0% | 21.0% |
| Median rent | $851 | $1,393 | $1,413 |
| Rent as a share of renters' income | 23.3% | 31.3% | 30.6% |
| Median year homes were built | 1989 | 1992 | 1980 |
| Vacant homes | 17.4% | 10.3% | 10.1% |
| Population | 1,323 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Blue Ridge
At this week's average 30-year rate of 7.11%, buying the median Blue Ridge home of $348,200 with 20% down costs about $2,164 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,744, 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 $92,745 for the 20%-down payment. That payment is 58% of the median Blue Ridge household income of $44,773; at that income and 20% down, the 28% guideline points to a home of about $168,000.
The median rent here is $851 a month, so owning the median home costs about $1,313 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $69,640 |
|---|---|
| Loan amount | $278,560 |
| Principal and interest | $1,874 |
| Property taxes (0.50% a year) | $145 |
| Homeowners insurance (our estimate, 0.5% a year) | $145 |
| PMI | $0 |
| Total per month | $2,164 |
Change the numbers in the calculator
| Down payment | $12,187 |
|---|---|
| Loan amount | $341,893 |
| Principal and interest | $2,300 |
| Property taxes (0.50% a year) | $145 |
| Homeowners insurance (our estimate, 0.5% a year) | $145 |
| FHA mortgage insurance | $154 |
| Total per month | $2,744 |
Change the numbers in the calculator
Questions about home buying in Blue Ridge
What is the median home value in Blue Ridge?
About $348,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Blue Ridge?
Homeowners pay a median $1,729 a year, which is about 0.50% 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 Blue Ridge?
For the median home with 20% down at 7.11%, the payment is about $2,164 a month. Keeping that under 28% of gross income takes about $92,745 a year.
More about Blue Ridge
- Mortgage Refinance in Blue Ridge
- Debt Relief in Blue Ridge
- Home Equity Loans in Blue Ridge
- 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