How much is a home worth in ZIP code 31204?

The typical home in 31204 is worth $121,151, based on the Zillow Home Value Index.

Are home values rising in 31204?

Home values in 31204 are up 1.7% over the past year, and up 5.6% a year over five years.

What is the typical rent in 31204?

A typical home in 31204 rents for about $1,194 a month, a gross rental yield of 11.8%.

What is the property tax rate in 31204?

The effective property tax rate in 31204 is 1.0% — roughly $1,154 a year on a typical home.

ZIP code 31204 has a population of 32,421 and a median household income of $38,784.

HousingHandbookReference data

…

U.S. ZIP Code · GA31204

Bibb County · Macon-Bibb County, GA

Typical home value

$121,151^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.7%
5-year / yr: +5.6%
10-year / yr: +7.1%

Relative price

vs U.S.: -57.4%
vs metro: -47.3%
vs state: -52.6%

Price history

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

The typical home in 31204 is worth $121,151 — 47.3% below the Macon-Bibb County, GA median. Over the past year, values have risen 1.7%. Homes here rent for a typical $1,194 a month — a 11.8% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent: $1,194^[2]
Gross yield: 11.8%^[2]
Cap rate: 7.1%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $1,154^[3]

#Climate risk

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

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

#Who lives here

Population: 32,421^[3]
Median household income: $38,784^[3]

#Migration

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

Net migration: -273^[5]
Moved in: 4,300
Moved out: 4,573

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 13
Elementary: 7
Middle: 2
High: 1

Central High School
High · Grades 9–12 · Bibb County
876 students
John Robert Lewis Elementary School
Elementary · Grades PK–5 · Bibb County
724 students
Veterans Elementary School
Elementary · Grades PK–5 · Bibb County
708 students
Ballard Hudson Middle School
Middle · Grades 6–8 · Bibb County
644 students
Miller Magnet Middle School
Middle · Grades 6–8 · Bibb County
582 students

Run the numbers

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

Home value$Monthly rent$

Gross yield11.8%

Net yield (after ~40% expenses)7.1%

Annual rent$14,334

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$613

Loan principal$96,921

Down payment$24,230

Total interest paid$123,617

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.68

Monthly cost to own$809

Monthly rent$1,194

Owning is meaningfully cheaper month-to-month.

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: 37th percentile^[1]
Rental yield: 50th percentile^[2]
Property tax: 67th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

9th for highest rental yield in GAView list →

Frequently asked

How much is a home worth in ZIP code 31204?: The typical home in 31204 is worth $121,151, based on the Zillow Home Value Index.
Are home values rising in 31204?: Home values in 31204 are up 1.7% over the past year, and up 5.6% a year over five years.
What is the typical rent in 31204?: A typical home in 31204 rents for about $1,194 a month, a gross rental yield of 11.8%.
What is the property tax rate in 31204?: The effective property tax rate in 31204 is 1.0% — roughly $1,154 a year on a typical home.
Who lives in 31204?: ZIP code 31204 has a population of 32,421 and a median household income of $38,784.

#Comparable ZIPs

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

31078 vs 31204 →
Roberta, GA
Typical home
$129,776
Gross yield
—
31201 vs 31204 →
Macon-Bibb County, GA
Typical home
$106,742
Gross yield
12.1%
31217
Macon-Bibb County, GA
Typical home
$98,126
Gross yield
14.3%
31020
Macon-Bibb County, GA
Typical home
$95,635
Gross yield
—
31044
Jeffersonville, GA
Typical home
$93,627
Gross yield
—
31206
Macon-Bibb County, GA
Typical home
$77,907
Gross yield
17.7%

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Pit ZIP 31204 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · GA31204

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