The typical owner-occupied home in Pendergrass is worth about $329,700, 9% above the Georgia median of $303,300 and about the same as the national median of $332,700. Owners pay a median $3,478 a year in property taxes, about 1.05% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $90,341 a year, so the median home costs 3.6 times the median income (3.9 times for Georgia). 79% of occupied homes here are lived in by their owners, and 79% of those owners still have a mortgage.
Pendergrass at a glance
| Pendergrass | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $329,700 | $303,300 | $332,700 |
| Median property tax paid per year | $3,478 | $2,341 | $3,119 |
| Property tax as a share of value | 1.05% | 0.77% | 0.94% |
| Median household income | $90,341 | $77,353 | $80,734 |
| Homes lived in by their owners | 79% | 66% | 65% |
| Owner homes with a mortgage | 79% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,832 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 23.7% | 20.0% | 21.0% |
| Median rent | $1,636 | $1,393 | $1,413 |
| Rent as a share of renters' income | 49.9% | 31.3% | 30.6% |
| Median year homes were built | 2015 | 1992 | 1980 |
| Vacant homes | 1.1% | 10.3% | 10.1% |
| Population | 3,435 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Pendergrass
At this week's average 30-year rate of 7.11%, buying the median Pendergrass home of $329,700 with 20% down costs about $2,200 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,749, 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 $94,294 for the 20%-down payment. That payment is 29% of the median Pendergrass household income of $90,341; at that income and 20% down, the 28% guideline points to a home of about $316,000.
The median rent here is $1,636 a month, so owning the median home costs about $564 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $65,940 |
|---|---|
| Loan amount | $263,760 |
| Principal and interest | $1,774 |
| Property taxes (1.05% a year) | $288 |
| Homeowners insurance (our estimate, 0.5% a year) | $137 |
| PMI | $0 |
| Total per month | $2,200 |
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| Down payment | $11,540 |
|---|---|
| Loan amount | $323,728 |
| Principal and interest | $2,178 |
| Property taxes (1.05% a year) | $288 |
| Homeowners insurance (our estimate, 0.5% a year) | $137 |
| FHA mortgage insurance | $146 |
| Total per month | $2,749 |
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Questions about home buying in Pendergrass
What is the median home value in Pendergrass?
About $329,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pendergrass?
Homeowners pay a median $3,478 a year, which is about 1.05% 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 Pendergrass?
For the median home with 20% down at 7.11%, the payment is about $2,200 a month. Keeping that under 28% of gross income takes about $94,294 a year.
More about Pendergrass
- Mortgage Refinance in Pendergrass
- Debt Relief in Pendergrass
- Home Equity Loans in Pendergrass
- 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