The typical owner-occupied home in Mitchell County is worth about $106,000, 65% below the Georgia median of $303,300 and 68% below the national median of $332,700. Owners pay a median $1,402 a year in property taxes, about 1.32% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $57,613 a year, so the median home costs 1.8 times the median income (3.9 times for Georgia). 65% of occupied homes here are lived in by their owners, and 43% of those owners still have a mortgage.
Mitchell County at a glance
| Mitchell County | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $106,000 | $303,300 | $332,700 |
| Median property tax paid per year | $1,402 | $2,341 | $3,119 |
| Property tax as a share of value | 1.32% | 0.77% | 0.94% |
| Median household income | $57,613 | $77,353 | $80,734 |
| Homes lived in by their owners | 65% | 66% | 65% |
| Owner homes with a mortgage | 43% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,253 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 19.8% | 20.0% | 21.0% |
| Median rent | $797 | $1,393 | $1,413 |
| Rent as a share of renters' income | 30.6% | 31.3% | 30.6% |
| Median year homes were built | 1978 | 1992 | 1980 |
| Vacant homes | 13.5% | 10.3% | 10.1% |
| Population | 21,058 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Mitchell County
At this week's average 30-year rate of 7.11%, buying the median Mitchell County home of $106,000 with 20% down costs about $731 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $908, 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 $31,338 for the 20%-down payment. That payment is 15% of the median Mitchell County household income of $57,613; at that income and 20% down, the 28% guideline points to a home of about $195,000.
The median rent here is $797 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $21,200 |
|---|---|
| Loan amount | $84,800 |
| Principal and interest | $570 |
| Property taxes (1.32% a year) | $117 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| PMI | $0 |
| Total per month | $731 |
Change the numbers in the calculator
| Down payment | $3,710 |
|---|---|
| Loan amount | $104,080 |
| Principal and interest | $700 |
| Property taxes (1.32% a year) | $117 |
| Homeowners insurance (our estimate, 0.5% a year) | $44 |
| FHA mortgage insurance | $47 |
| Total per month | $908 |
Change the numbers in the calculator
Questions about home buying in Mitchell County
What is the median home value in Mitchell County?
About $106,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mitchell County?
Homeowners pay a median $1,402 a year, which is about 1.32% 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 Mitchell County?
For the median home with 20% down at 7.11%, the payment is about $731 a month. Keeping that under 28% of gross income takes about $31,338 a year.
More about Mitchell County
- Mortgage Refinance in Mitchell County
- Debt Relief in Mitchell County
- Home Equity Loans in Mitchell County
- 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