The typical owner-occupied home in Duluth is worth about $400,800, 32% above the Georgia median of $303,300 and 20% above the national median of $332,700. Owners pay a median $3,826 a year in property taxes, about 0.95% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $95,331 a year, so the median home costs 4.2 times the median income (3.9 times for Georgia). 57% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.
Duluth at a glance
| Duluth | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $400,800 | $303,300 | $332,700 |
| Median property tax paid per year | $3,826 | $2,341 | $3,119 |
| Property tax as a share of value | 0.95% | 0.77% | 0.94% |
| Median household income | $95,331 | $77,353 | $80,734 |
| Homes lived in by their owners | 57% | 66% | 65% |
| Owner homes with a mortgage | 64% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $2,116 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 18.5% | 20.0% | 21.0% |
| Median rent | $1,828 | $1,393 | $1,413 |
| Rent as a share of renters' income | 31.4% | 31.3% | 30.6% |
| Median year homes were built | 1994 | 1992 | 1980 |
| Vacant homes | 4.6% | 10.3% | 10.1% |
| Population | 32,426 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Duluth
At this week's average 30-year rate of 7.11%, buying the median Duluth home of $400,800 with 20% down costs about $2,641 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,309, 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 $113,197 for the 20%-down payment. That payment is 33% of the median Duluth household income of $95,331; at that income and 20% down, the 28% guideline points to a home of about $338,000.
The median rent here is $1,828 a month, so owning the median home costs about $813 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $80,160 |
|---|---|
| Loan amount | $320,640 |
| Principal and interest | $2,157 |
| Property taxes (0.95% a year) | $317 |
| Homeowners insurance (our estimate, 0.5% a year) | $167 |
| PMI | $0 |
| Total per month | $2,641 |
Change the numbers in the calculator
| Down payment | $14,028 |
|---|---|
| Loan amount | $393,541 |
| Principal and interest | $2,647 |
| Property taxes (0.95% a year) | $317 |
| Homeowners insurance (our estimate, 0.5% a year) | $167 |
| FHA mortgage insurance | $177 |
| Total per month | $3,309 |
Change the numbers in the calculator
Questions about home buying in Duluth
What is the median home value in Duluth?
About $400,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Duluth?
Homeowners pay a median $3,826 a year, which is about 0.95% 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 Duluth?
For the median home with 20% down at 7.11%, the payment is about $2,641 a month. Keeping that under 28% of gross income takes about $113,197 a year.
More about Duluth
- Mortgage Refinance in Duluth
- Debt Relief in Duluth
- Home Equity Loans in Duluth
- 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