The typical owner-occupied home in Flowery Branch is worth about $442,500, 46% above the Georgia median of $303,300 and 33% above the national median of $332,700. Owners pay a median $3,853 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 $103,942 a year, so the median home costs 4.3 times the median income (3.9 times for Georgia). 67% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Flowery Branch at a glance
| Flowery Branch | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $442,500 | $303,300 | $332,700 |
| Median property tax paid per year | $3,853 | $2,341 | $3,119 |
| Property tax as a share of value | 0.87% | 0.77% | 0.94% |
| Median household income | $103,942 | $77,353 | $80,734 |
| Homes lived in by their owners | 67% | 66% | 65% |
| Owner homes with a mortgage | 69% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $2,240 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 20.9% | 20.0% | 21.0% |
| Median rent | $1,814 | $1,393 | $1,413 |
| Rent as a share of renters' income | 29.1% | 31.3% | 30.6% |
| Median year homes were built | 2012 | 1992 | 1980 |
| Vacant homes | 8.7% | 10.3% | 10.1% |
| Population | 10,925 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Flowery Branch
At this week's average 30-year rate of 7.11%, buying the median Flowery Branch home of $442,500 with 20% down costs about $2,887 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,624, 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 $123,710 for the 20%-down payment. That payment is 33% of the median Flowery Branch household income of $103,942; at that income and 20% down, the 28% guideline points to a home of about $372,000.
The median rent here is $1,814 a month, so owning the median home costs about $1,073 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $88,500 |
|---|---|
| Loan amount | $354,000 |
| Principal and interest | $2,381 |
| Property taxes (0.87% a year) | $321 |
| Homeowners insurance (our estimate, 0.5% a year) | $184 |
| PMI | $0 |
| Total per month | $2,887 |
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| Down payment | $15,488 |
|---|---|
| Loan amount | $434,485 |
| Principal and interest | $2,923 |
| Property taxes (0.87% a year) | $321 |
| Homeowners insurance (our estimate, 0.5% a year) | $184 |
| FHA mortgage insurance | $196 |
| Total per month | $3,624 |
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Questions about home buying in Flowery Branch
What is the median home value in Flowery Branch?
About $442,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Flowery Branch?
Homeowners pay a median $3,853 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 Flowery Branch?
For the median home with 20% down at 7.11%, the payment is about $2,887 a month. Keeping that under 28% of gross income takes about $123,710 a year.
More about Flowery Branch
- Mortgage Refinance in Flowery Branch
- Debt Relief in Flowery Branch
- Home Equity Loans in Flowery Branch
- 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