The typical owner-occupied home in Sylvania is worth about $155,300, 49% below the Georgia median of $303,300 and 53% below the national median of $332,700. Owners pay a median $1,519 a year in property taxes, about 0.98% of their home's value, higher than the Georgia rate of 0.77%. The median household earns $46,033 a year, so the median home costs 3.4 times the median income (3.9 times for Georgia). 64% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
Sylvania at a glance
| Sylvania | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $155,300 | $303,300 | $332,700 |
| Median property tax paid per year | $1,519 | $2,341 | $3,119 |
| Property tax as a share of value | 0.98% | 0.77% | 0.94% |
| Median household income | $46,033 | $77,353 | $80,734 |
| Homes lived in by their owners | 64% | 66% | 65% |
| Owner homes with a mortgage | 51% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,113 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 22.8% | 20.0% | 21.0% |
| Median rent | $571 | $1,393 | $1,413 |
| Rent as a share of renters' income | 27.8% | 31.3% | 30.6% |
| Median year homes were built | 1965 | 1992 | 1980 |
| Vacant homes | 18.5% | 10.3% | 10.1% |
| Population | 2,618 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Sylvania
At this week's average 30-year rate of 7.11%, buying the median Sylvania home of $155,300 with 20% down costs about $1,027 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,286, 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 $44,028 for the 20%-down payment. That payment is 27% of the median Sylvania household income of $46,033; at that income and 20% down, the 28% guideline points to a home of about $162,000.
The median rent here is $571 a month, so owning the median home costs about $456 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $31,060 |
|---|---|
| Loan amount | $124,240 |
| Principal and interest | $836 |
| Property taxes (0.98% a year) | $127 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| PMI | $0 |
| Total per month | $1,027 |
Change the numbers in the calculator
| Down payment | $5,436 |
|---|---|
| Loan amount | $152,487 |
| Principal and interest | $1,026 |
| Property taxes (0.98% a year) | $127 |
| Homeowners insurance (our estimate, 0.5% a year) | $65 |
| FHA mortgage insurance | $69 |
| Total per month | $1,286 |
Change the numbers in the calculator
Questions about home buying in Sylvania
What is the median home value in Sylvania?
About $155,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sylvania?
Homeowners pay a median $1,519 a year, which is about 0.98% 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 Sylvania?
For the median home with 20% down at 7.11%, the payment is about $1,027 a month. Keeping that under 28% of gross income takes about $44,028 a year.
More about Sylvania
- Mortgage Refinance in Sylvania
- Debt Relief in Sylvania
- Home Equity Loans in Sylvania
- 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