The typical owner-occupied home in Forsyth County is worth about $550,400, 81% above the Georgia median of $303,300 and 65% above the national median of $332,700. Owners pay a median $4,020 a year in property taxes, about 0.73% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $143,784 a year, so the median home costs 3.8 times the median income (3.9 times for Georgia). 84% of occupied homes here are lived in by their owners, and 75% of those owners still have a mortgage.
Forsyth County at a glance
| Forsyth County | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $550,400 | $303,300 | $332,700 |
| Median property tax paid per year | $4,020 | $2,341 | $3,119 |
| Property tax as a share of value | 0.73% | 0.77% | 0.94% |
| Median household income | $143,784 | $77,353 | $80,734 |
| Homes lived in by their owners | 84% | 66% | 65% |
| Owner homes with a mortgage | 75% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $2,525 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 18.6% | 20.0% | 21.0% |
| Median rent | $2,090 | $1,393 | $1,413 |
| Rent as a share of renters' income | 27.7% | 31.3% | 30.6% |
| Median year homes were built | 2004 | 1992 | 1980 |
| Vacant homes | 3.8% | 10.3% | 10.1% |
| Population | 267,287 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Forsyth County
At this week's average 30-year rate of 7.11%, buying the median Forsyth County home of $550,400 with 20% down costs about $3,526 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,443, 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 $151,124 for the 20%-down payment. That payment is 29% of the median Forsyth County household income of $143,784; at that income and 20% down, the 28% guideline points to a home of about $524,000.
The median rent here is $2,090 a month, so owning the median home costs about $1,436 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $110,080 |
|---|---|
| Loan amount | $440,320 |
| Principal and interest | $2,962 |
| Property taxes (0.73% a year) | $335 |
| Homeowners insurance (our estimate, 0.5% a year) | $229 |
| PMI | $0 |
| Total per month | $3,526 |
Change the numbers in the calculator
| Down payment | $19,264 |
|---|---|
| Loan amount | $540,431 |
| Principal and interest | $3,636 |
| Property taxes (0.73% a year) | $335 |
| Homeowners insurance (our estimate, 0.5% a year) | $229 |
| FHA mortgage insurance | $243 |
| Total per month | $4,443 |
Change the numbers in the calculator
Questions about home buying in Forsyth County
What is the median home value in Forsyth County?
About $550,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Forsyth County?
Homeowners pay a median $4,020 a year, which is about 0.73% 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 Forsyth County?
For the median home with 20% down at 7.11%, the payment is about $3,526 a month. Keeping that under 28% of gross income takes about $151,124 a year.
More about Forsyth County
- Mortgage Refinance in Forsyth County
- Debt Relief in Forsyth County
- Home Equity Loans in Forsyth County
- 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