CALCMONEY // HOME AFFORDABILITY // GA // MACON
How much house can you afford in Macon? Based on local median home prices, current GA mortgage rates, and Macon property tax data.
$175,000
$1,126/mo
$48,241/yr
$147,080
Monthly housing costs of $1,126 represent 32.2% of Macon's median gross monthly income ($3,500/mo). At 32.2%, this slightly exceeds the 28% rule. Buyers need above-median income or a 25%+ down payment to qualify comfortably.
| Median Home Price | $175,000 |
| Down Payment (20%) | $35,000 |
| Loan Amount | $140,000 |
| Monthly PI Payment | $913 |
| Monthly Property Tax | $140 |
| Monthly Insurance Est. | $73 |
| Total Monthly PITI | $1,126 |
| Housing Cost % of Income | 32.2% |
| Required Income (28% rule) | $48,241/yr |
| Max Affordable Home | $147,080 |
$6,125
$1,433/mo
Macon Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $175,000 | Macon city median |
| Down Payment (20%) | $35,000 | Conventional loan |
| Monthly PITI | $1,126 | 6.8% rate, 30yr fixed |
| Required Income (28% rule) | $48,241 | Annual gross |
| Max Affordable Home | $147,080 | Based on median income |
| FHA Down (3.5%) | $6,125 | Minimum FHA |
| Housing Cost % of Income | 32.2% | Median income: $42,000/yr |
| Property Tax Rate | 0.96% | $1,680/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in Macon is $175,000, with a local 30-year mortgage rate of 6.8%. A buyer putting 20% down carries a loan of $140,000, generating a monthly P&I payment of $913. Adding property taxes ($140/mo) and homeowners insurance ($73/mo) brings total monthly PITI to $1,126.
Macon's property tax rate of 0.96% is near the national average, adding a standard increment to monthly housing costs. On the Macon median home, that is $140/month, or $1,680 per year.
Georgia levies a state income tax, which affects take-home pay and effective buying power. High-income earners in Macon should factor state tax liability into their overall housing budget — mortgage interest may be deductible on both federal and state returns.
Using the 28% rule, a household earning Macon's median income of $42,000/year can afford up to $980/month in total housing costs. Based on Macon's mortgage rate of 6.8% and property tax rate of 0.96%, that translates to a maximum affordable home price of approximately $147,080 with 20% down on a 30-year loan.
To afford the median Macon home priced at $175,000, you need an annual gross income of approximately $48,241. Total monthly housing costs (principal and interest of $913, property taxes of $140, and insurance of $73) come to $1,126/month, which equals 28% of the required income.
At the median home price of $175,000 and median household income of $42,000, the total monthly housing cost of $1,126 represents 32.2% of gross monthly income. This slightly exceeds the standard 28% rule. Buyers will need above-median income or a larger down payment to stay within guidelines.
A conventional 20% down payment on the median Macon home of $175,000 is $35,000. An FHA loan requires just 3.5% down — $6,125 — but adds mortgage insurance of roughly $120/month, bringing total FHA payments to $1,433/month.