The typical owner-occupied home in Schley County is worth about $143,900, 53% below the Georgia median of $303,300 and 57% below the national median of $332,700. Owners pay a median $1,288 a year in property taxes, about 0.90% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $56,875 a year, so the median home costs 2.5 times the median income (3.9 times for Georgia). 80% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Schley County at a glance
| Schley County | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $143,900 | $303,300 | $332,700 |
| Median property tax paid per year | $1,288 | $2,341 | $3,119 |
| Property tax as a share of value | 0.90% | 0.77% | 0.94% |
| Median household income | $56,875 | $77,353 | $80,734 |
| Homes lived in by their owners | 80% | 66% | 65% |
| Owner homes with a mortgage | 57% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,504 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 19.9% | 20.0% | 21.0% |
| Median rent | $816 | $1,393 | $1,413 |
| Rent as a share of renters' income | 31.4% | 31.3% | 30.6% |
| Median year homes were built | 1991 | 1992 | 1980 |
| Vacant homes | 13.1% | 10.3% | 10.1% |
| Population | 4,513 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Schley County
At this week's average 30-year rate of 7.11%, buying the median Schley County home of $143,900 with 20% down costs about $942 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,182, 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 $40,384 for the 20%-down payment. That payment is 20% of the median Schley County household income of $56,875; at that income and 20% down, the 28% guideline points to a home of about $203,000.
The median rent here is $816 a month, so owning the median home costs about $126 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $28,780 |
|---|---|
| Loan amount | $115,120 |
| Principal and interest | $774 |
| Property taxes (0.90% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $60 |
| PMI | $0 |
| Total per month | $942 |
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| Down payment | $5,036 |
|---|---|
| Loan amount | $141,294 |
| Principal and interest | $950 |
| Property taxes (0.90% a year) | $108 |
| Homeowners insurance (our estimate, 0.5% a year) | $60 |
| FHA mortgage insurance | $64 |
| Total per month | $1,182 |
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Questions about home buying in Schley County
What is the median home value in Schley County?
About $143,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Schley County?
Homeowners pay a median $1,288 a year, which is about 0.90% 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 Schley County?
For the median home with 20% down at 7.11%, the payment is about $942 a month. Keeping that under 28% of gross income takes about $40,384 a year.
More about Schley County
- Mortgage Refinance in Schley County
- Debt Relief in Schley County
- Home Equity Loans in Schley 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