Augusta, GA home values, income, and owner costs

The local figures answer the first question: In Augusta, GA, the 2024 ACS reports a median owner-occupied home value of $178,400, median household income of $55,485, and median selected monthly owner costs of $1,382 for owners with a mortgage. For borrower planning, together, those three reference points may help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,382 measure combines recurring ownership expenses instead of real estate taxes alone. A useful affordability review starts with $178,400, $55,485, and $1,382, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Augusta, GA's $178,400 median home-value estimate is below the statewide $303,300 estimate, with a reported city-to-state gap of 41.2%. For borrower planning, that 41.2% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Augusta, GA. It does not mean every local property is 41.2% away from a comparable property elsewhere in the state, because the medians reflect different housing mixes and geographies. Borrowers can apply $178,400 and $303,300 to decide which assumptions need local replacement first, then compare actual properties and current financing disclosures on the same basis.