The typical owner-occupied home in Fairburn is worth about $271,800, 10% below the Georgia median of $303,300 and 18% below the national median of $332,700. Owners pay a median $2,352 a year in property taxes, about 0.87% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $91,897 a year, so the median home costs 3.0 times the median income (3.9 times for Georgia). 64% of occupied homes here are lived in by their owners, and 79% of those owners still have a mortgage.
Fairburn at a glance
| Fairburn | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $271,800 | $303,300 | $332,700 |
| Median property tax paid per year | $2,352 | $2,341 | $3,119 |
| Property tax as a share of value | 0.87% | 0.77% | 0.94% |
| Median household income | $91,897 | $77,353 | $80,734 |
| Homes lived in by their owners | 64% | 66% | 65% |
| Owner homes with a mortgage | 79% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,692 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 19.3% | 20.0% | 21.0% |
| Median rent | $1,479 | $1,393 | $1,413 |
| Rent as a share of renters' income | 28.5% | 31.3% | 30.6% |
| Median year homes were built | 2004 | 1992 | 1980 |
| Vacant homes | 6.1% | 10.3% | 10.1% |
| Population | 16,831 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Fairburn
At this week's average 30-year rate of 7.11%, buying the median Fairburn home of $271,800 with 20% down costs about $1,773 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,226, 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 $75,987 for the 20%-down payment. That payment is 23% of the median Fairburn household income of $91,897; at that income and 20% down, the 28% guideline points to a home of about $329,000.
The median rent here is $1,479 a month, so owning the median home costs about $294 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $54,360 |
|---|---|
| Loan amount | $217,440 |
| Principal and interest | $1,463 |
| Property taxes (0.87% a year) | $197 |
| Homeowners insurance (our estimate, 0.5% a year) | $113 |
| PMI | $0 |
| Total per month | $1,773 |
Change the numbers in the calculator
| Down payment | $9,513 |
|---|---|
| Loan amount | $266,877 |
| Principal and interest | $1,795 |
| Property taxes (0.87% a year) | $197 |
| Homeowners insurance (our estimate, 0.5% a year) | $113 |
| FHA mortgage insurance | $120 |
| Total per month | $2,226 |
Change the numbers in the calculator
Questions about home buying in Fairburn
What is the median home value in Fairburn?
About $271,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Fairburn?
Homeowners pay a median $2,352 a year, which is about 0.87% 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 Fairburn?
For the median home with 20% down at 7.11%, the payment is about $1,773 a month. Keeping that under 28% of gross income takes about $75,987 a year.
More about Fairburn
- Mortgage Refinance in Fairburn
- Debt Relief in Fairburn
- Home Equity Loans in Fairburn
- 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