The typical owner-occupied home in Milledgeville is worth about $101,400, 53% below the Ohio median of $214,800 and 70% below the national median of $332,700. Owners pay a median $1,107 a year in property taxes, about 1.09% of their home's value, lower than the Ohio rate of 1.31%. The median household earns $55,417 a year, so the median home costs 1.8 times the median income (3.0 times for Ohio). 60% of occupied homes here are lived in by their owners, and 44% of those owners still have a mortgage.
Milledgeville at a glance
| Milledgeville | Ohio | U.S. | |
|---|---|---|---|
| Median home value | $101,400 | $214,800 | $332,700 |
| Median property tax paid per year | $1,107 | $2,822 | $3,119 |
| Property tax as a share of value | 1.09% | 1.31% | 0.94% |
| Median household income | $55,417 | $71,389 | $80,734 |
| Homes lived in by their owners | 60% | 67% | 65% |
| Owner homes with a mortgage | 44% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $983 | $1,517 | $1,963 |
| Those costs as a share of the owners' income | 17.1% | 18.6% | 21.0% |
| Median rent | – | $1,034 | $1,413 |
| Median year homes were built | 1961 | 1970 | 1980 |
| Vacant homes | 10.6% | 8.1% | 10.1% |
| Population | 115 | 11,810,293 | 334,922,499 |
What a typical home costs per month in Milledgeville
At this week's average 30-year rate of 7.11%, buying the median Milledgeville home of $101,400 with 20% down costs about $680 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $849, 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 $29,145 for the 20%-down payment. That payment is 15% of the median Milledgeville household income of $55,417; at that income and 20% down, the 28% guideline points to a home of about $193,000.
| Down payment | $20,280 |
|---|---|
| Loan amount | $81,120 |
| Principal and interest | $546 |
| Property taxes (1.09% a year) | $92 |
| Homeowners insurance (our estimate, 0.5% a year) | $42 |
| PMI | $0 |
| Total per month | $680 |
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| Down payment | $3,549 |
|---|---|
| Loan amount | $99,563 |
| Principal and interest | $670 |
| Property taxes (1.09% a year) | $92 |
| Homeowners insurance (our estimate, 0.5% a year) | $42 |
| FHA mortgage insurance | $45 |
| Total per month | $849 |
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Questions about home buying in Milledgeville
What is the median home value in Milledgeville?
About $101,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Milledgeville?
Homeowners pay a median $1,107 a year, which is about 1.09% 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 Milledgeville?
For the median home with 20% down at 7.11%, the payment is about $680 a month. Keeping that under 28% of gross income takes about $29,145 a year.
More about Milledgeville
- Mortgage Refinance in Milledgeville
- Debt Relief in Milledgeville
- Home Equity Loans in Milledgeville
- 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