The typical owner-occupied home in Hiram is worth about $303,200, about the same as the Georgia median of $303,300 and 9% below the national median of $332,700. Owners pay a median $1,800 a year in property taxes, about 0.59% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $85,119 a year, so the median home costs 3.6 times the median income (3.9 times for Georgia). 64% of occupied homes here are lived in by their owners, and 70% of those owners still have a mortgage.
Hiram at a glance
| Hiram | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $303,200 | $303,300 | $332,700 |
| Median property tax paid per year | $1,800 | $2,341 | $3,119 |
| Property tax as a share of value | 0.59% | 0.77% | 0.94% |
| Median household income | $85,119 | $77,353 | $80,734 |
| Homes lived in by their owners | 64% | 66% | 65% |
| Owner homes with a mortgage | 70% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,473 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 20.6% | 20.0% | 21.0% |
| Median rent | $2,085 | $1,393 | $1,413 |
| Rent as a share of renters' income | 36.6% | 31.3% | 30.6% |
| Median year homes were built | 2004 | 1992 | 1980 |
| Vacant homes | 8.0% | 10.3% | 10.1% |
| Population | 5,231 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Hiram
At this week's average 30-year rate of 7.11%, buying the median Hiram home of $303,200 with 20% down costs about $1,907 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,412, 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 $81,734 for the 20%-down payment. That payment is 27% of the median Hiram household income of $85,119; at that income and 20% down, the 28% guideline points to a home of about $316,000.
The median rent here is $2,085 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $60,640 |
|---|---|
| Loan amount | $242,560 |
| Principal and interest | $1,632 |
| Property taxes (0.59% a year) | $149 |
| Homeowners insurance (our estimate, 0.5% a year) | $126 |
| PMI | $0 |
| Total per month | $1,907 |
Change the numbers in the calculator
| Down payment | $10,612 |
|---|---|
| Loan amount | $297,708 |
| Principal and interest | $2,003 |
| Property taxes (0.59% a year) | $149 |
| Homeowners insurance (our estimate, 0.5% a year) | $126 |
| FHA mortgage insurance | $134 |
| Total per month | $2,412 |
Change the numbers in the calculator
Questions about home buying in Hiram
What is the median home value in Hiram?
About $303,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hiram?
Homeowners pay a median $1,800 a year, which is about 0.59% 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 Hiram?
For the median home with 20% down at 7.11%, the payment is about $1,907 a month. Keeping that under 28% of gross income takes about $81,734 a year.
More about Hiram
- Mortgage Refinance in Hiram
- Debt Relief in Hiram
- Home Equity Loans in Hiram
- 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