The typical owner-occupied home in Hephzibah is worth about $185,700, 39% below the Georgia median of $303,300 and 44% below the national median of $332,700. Owners pay a median $967 a year in property taxes, about 0.52% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $65,109 a year, so the median home costs 2.9 times the median income (3.9 times for Georgia). 71% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Hephzibah at a glance
| Hephzibah | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $185,700 | $303,300 | $332,700 |
| Median property tax paid per year | $967 | $2,341 | $3,119 |
| Property tax as a share of value | 0.52% | 0.77% | 0.94% |
| Median household income | $65,109 | $77,353 | $80,734 |
| Homes lived in by their owners | 71% | 66% | 65% |
| Owner homes with a mortgage | 60% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,371 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 24.6% | 20.0% | 21.0% |
| Median rent | $1,127 | $1,393 | $1,413 |
| Rent as a share of renters' income | 19.2% | 31.3% | 30.6% |
| Median year homes were built | 1985 | 1992 | 1980 |
| Vacant homes | 14.2% | 10.3% | 10.1% |
| Population | 3,747 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Hephzibah
At this week's average 30-year rate of 7.11%, buying the median Hephzibah home of $185,700 with 20% down costs about $1,157 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,467, 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 $49,595 for the 20%-down payment. That payment is 21% of the median Hephzibah household income of $65,109; at that income and 20% down, the 28% guideline points to a home of about $244,000.
The median rent here is $1,127 a month, so owning the median home costs about $30 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $37,140 |
|---|---|
| Loan amount | $148,560 |
| Principal and interest | $999 |
| Property taxes (0.52% a year) | $80 |
| Homeowners insurance (our estimate, 0.5% a year) | $77 |
| PMI | $0 |
| Total per month | $1,157 |
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| Down payment | $6,500 |
|---|---|
| Loan amount | $182,337 |
| Principal and interest | $1,227 |
| Property taxes (0.52% a year) | $80 |
| Homeowners insurance (our estimate, 0.5% a year) | $77 |
| FHA mortgage insurance | $82 |
| Total per month | $1,467 |
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Questions about home buying in Hephzibah
What is the median home value in Hephzibah?
About $185,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hephzibah?
Homeowners pay a median $967 a year, which is about 0.52% 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 Hephzibah?
For the median home with 20% down at 7.11%, the payment is about $1,157 a month. Keeping that under 28% of gross income takes about $49,595 a year.
More about Hephzibah
- Mortgage Refinance in Hephzibah
- Debt Relief in Hephzibah
- Home Equity Loans in Hephzibah
- 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