The typical owner-occupied home in Cohutta is worth about $225,000, 26% below the Georgia median of $303,300 and 32% below the national median of $332,700. Owners pay a median $1,614 a year in property taxes, about 0.72% of their home's value, lower than the Georgia rate of 0.77%. The median household earns $75,781 a year, so the median home costs 3.0 times the median income (3.9 times for Georgia). 78% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Cohutta at a glance
| Cohutta | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $225,000 | $303,300 | $332,700 |
| Median property tax paid per year | $1,614 | $2,341 | $3,119 |
| Property tax as a share of value | 0.72% | 0.77% | 0.94% |
| Median household income | $75,781 | $77,353 | $80,734 |
| Homes lived in by their owners | 78% | 66% | 65% |
| Owner homes with a mortgage | 71% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,405 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 17.0% | 20.0% | 21.0% |
| Median rent | $858 | $1,393 | $1,413 |
| Rent as a share of renters' income | 19.5% | 31.3% | 30.6% |
| Median year homes were built | 1991 | 1992 | 1980 |
| Vacant homes | 13.5% | 10.3% | 10.1% |
| Population | 930 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Cohutta
At this week's average 30-year rate of 7.11%, buying the median Cohutta home of $225,000 with 20% down costs about $1,440 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,814, 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 $61,698 for the 20%-down payment. That payment is 23% of the median Cohutta household income of $75,781; at that income and 20% down, the 28% guideline points to a home of about $276,000.
The median rent here is $858 a month, so owning the median home costs about $582 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $45,000 |
|---|---|
| Loan amount | $180,000 |
| Principal and interest | $1,211 |
| Property taxes (0.72% a year) | $135 |
| Homeowners insurance (our estimate, 0.5% a year) | $94 |
| PMI | $0 |
| Total per month | $1,440 |
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| Down payment | $7,875 |
|---|---|
| Loan amount | $220,925 |
| Principal and interest | $1,486 |
| Property taxes (0.72% a year) | $135 |
| Homeowners insurance (our estimate, 0.5% a year) | $94 |
| FHA mortgage insurance | $100 |
| Total per month | $1,814 |
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Questions about home buying in Cohutta
What is the median home value in Cohutta?
About $225,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cohutta?
Homeowners pay a median $1,614 a year, which is about 0.72% 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 Cohutta?
For the median home with 20% down at 7.11%, the payment is about $1,440 a month. Keeping that under 28% of gross income takes about $61,698 a year.
More about Cohutta
- Mortgage Refinance in Cohutta
- Debt Relief in Cohutta
- Home Equity Loans in Cohutta
- 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