How much is a home worth in ZIP code 31206?

The typical home in 31206 is worth $77,907, based on the Zillow Home Value Index.

Are home values rising in 31206?

Home values in 31206 are down 0.4% over the past year, and up 6.5% a year over five years.

What is the typical rent in 31206?

A typical home in 31206 rents for about $1,150 a month, a gross rental yield of 17.7%.

What is the property tax rate in 31206?

The effective property tax rate in 31206 is 1.0% — roughly $766 a year on a typical home.

ZIP code 31206 has a population of 24,310 and a median household income of $30,042.

HousingHandbookReference data

…

U.S. ZIP Code · GA31206

Bibb County · Macon-Bibb County, GA

Typical home value

$77,907^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.4%
5-year / yr: +6.5%
10-year / yr: +8.5%

Relative price

vs U.S.: -72.6%
vs metro: -66.1%
vs state: -69.5%

Price history

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

The typical home in 31206 is worth $77,907 — 66.1% below the Macon-Bibb County, GA median. Over the past year, values have fallen 0.4%. Homes here rent for a typical $1,150 a month — a 17.7% 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: $1,150^[2]
Gross yield: 17.7%^[2]
Cap rate: 10.6%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $766^[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: 24,310^[3]
Median household income: $30,042^[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: 5
Elementary: 2
Middle: 1
High: 2

Westside High School
High · Grades 9–12 · Bibb County
1,010 students
Weaver Middle School
Middle · Grades 6–8 · Bibb County
895 students
Southwest High School
High · Grades 9–12 · Bibb County
820 students
Southfield Elementary School
Elementary · Grades PK–5 · Bibb County
688 students
Bruce Elementary School
Elementary · Grades PK–5 · Bibb County
417 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 yield17.7%

Net yield (after ~40% expenses)10.6%

Annual rent$13,804

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$394

Loan principal$62,325

Down payment$15,581

Total interest paid$79,493

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 ratio0.45

Monthly cost to own$522

Monthly rent$1,150

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: 89th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 78th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

2nd for highest rental yield in GAView list →

Frequently asked

How much is a home worth in ZIP code 31206?: The typical home in 31206 is worth $77,907, based on the Zillow Home Value Index.
Are home values rising in 31206?: Home values in 31206 are down 0.4% over the past year, and up 6.5% a year over five years.
What is the typical rent in 31206?: A typical home in 31206 rents for about $1,150 a month, a gross rental yield of 17.7%.
What is the property tax rate in 31206?: The effective property tax rate in 31206 is 1.0% — roughly $766 a year on a typical home.
Who lives in 31206?: ZIP code 31206 has a population of 24,310 and a median household income of $30,042.

#Comparable ZIPs

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

31044 vs 31206 →
Jeffersonville, GA
Typical home
$93,627
Gross yield
—
31020 vs 31206 →
Macon-Bibb County, GA
Typical home
$95,635
Gross yield
—
31217
Macon-Bibb County, GA
Typical home
$98,126
Gross yield
14.3%
31201
Macon-Bibb County, GA
Typical home
$106,742
Gross yield
12.1%
31204
Macon-Bibb County, GA
Typical home
$121,151
Gross yield
11.8%
31078
Roberta, GA
Typical home
$129,776
Gross yield
—

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#Jump to section

U.S. ZIP Code · GA31206

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