The typical owner-occupied home in Resaca is worth about $182,800, 40% below the Georgia median of $303,300 and 45% below the national median of $332,700. Owners pay a median $900 a year in property taxes, about 0.49% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $57,557 a year, so the median home costs 3.2 times the median income (3.9 times for Georgia). 63% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Resaca at a glance
| Resaca | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $182,800 | $303,300 | $332,700 |
| Median property tax paid per year | $900 | $2,341 | $3,119 |
| Property tax as a share of value | 0.49% | 0.77% | 0.94% |
| Median household income | $57,557 | $77,353 | $80,734 |
| Homes lived in by their owners | 63% | 66% | 65% |
| Owner homes with a mortgage | 53% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,282 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 22.8% | 20.0% | 21.0% |
| Median rent | $1,144 | $1,393 | $1,413 |
| Rent as a share of renters' income | 25.6% | 31.3% | 30.6% |
| Median year homes were built | 1993 | 1992 | 1980 |
| Vacant homes | 11.1% | 10.3% | 10.1% |
| Population | 1,126 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Resaca
At this week's average 30-year rate of 7.11%, buying the median Resaca home of $182,800 with 20% down costs about $1,135 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,439, 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 $48,625 for the 20%-down payment. That payment is 24% of the median Resaca household income of $57,557; at that income and 20% down, the 28% guideline points to a home of about $216,000.
The median rent here is $1,144 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $36,560 |
|---|---|
| Loan amount | $146,240 |
| Principal and interest | $984 |
| Property taxes (0.49% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| PMI | $0 |
| Total per month | $1,135 |
Change the numbers in the calculator
| Down payment | $6,398 |
|---|---|
| Loan amount | $179,489 |
| Principal and interest | $1,207 |
| Property taxes (0.49% a year) | $75 |
| Homeowners insurance (our estimate, 0.5% a year) | $76 |
| FHA mortgage insurance | $81 |
| Total per month | $1,439 |
Change the numbers in the calculator
Questions about home buying in Resaca
What is the median home value in Resaca?
About $182,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Resaca?
Homeowners pay a median $900 a year, which is about 0.49% 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 Resaca?
For the median home with 20% down at 7.11%, the payment is about $1,135 a month. Keeping that under 28% of gross income takes about $48,625 a year.
More about Resaca
- Mortgage Refinance in Resaca
- Debt Relief in Resaca
- Home Equity Loans in Resaca
- 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