HousingHandbookReference data

U.S. ZIP Code · GA31038

Jones County · Macon-Bibb County, GA

Typical home value

$233,658[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+7.4%
5-year / yr
+6.1%
10-year / yr
+8.0%

Relative price

vs U.S.
-17.7%
vs metro
+1.6%
vs state
-8.7%
ZIP 31038 location in GA
Location of ZIP 31038 in GA

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 31038 is worth $233,658 — 1.6% above the Macon-Bibb County, GA median. Over the past year, values have risen 7.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
[3]
Typical annual tax
[3]

#Climate risk

FEMA National Risk Index ratings for Jones County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Very Low[4]
Riverine flood
Very Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Relatively Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Very Low

#Who lives here

Population
660[3]
Median household income
$49,826[3]

#Migration

Household moves in and out of Jones County over a year, from IRS tax-return data.

Net migration
+180[5]
Moved in
872
Moved out
692

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,181
Loan principal$186,926
Down payment$46,732
Total interest paid$238,414

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,610
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
63rd percentile[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 31038?
The typical home in 31038 is worth $233,658, based on the Zillow Home Value Index.
Are home values rising in 31038?
Home values in 31038 are up 7.4% over the past year, and up 6.1% a year over five years.
Who lives in 31038?
ZIP code 31038 has a population of 660 and a median household income of $49,826.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Knoxville CDP, GA

    Typical home
    $233,005
    Gross yield
  • GA

    Typical home
    $227,128
    Gross yield
  • Salem CDP, GA

    Typical home
    $243,309
    Gross yield
  • Macon-Bibb County, GA

    Typical home
    $247,326
    Gross yield
    6.6%
  • Macon-Bibb County, GA

    Typical home
    $249,598
    Gross yield
    6.4%
  • Musella CDP, GA

    Typical home
    $207,440
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 31038 against any other ZIP — full side-by-side table.

Compare 31038

#Jump to section