How much is a home worth in ZIP code 31904?

The typical home in 31904 is worth $220,116, based on the Zillow Home Value Index.

Are home values rising in 31904?

Home values in 31904 are up 4.6% over the past year, and up 5.8% a year over five years.

What is the typical rent in 31904?

A typical home in 31904 rents for about $1,316 a month, a gross rental yield of 7.2%.

What is the property tax rate in 31904?

The effective property tax rate in 31904 is 1.0% — roughly $2,207 a year on a typical home.

ZIP code 31904 has a population of 35,405 and a median household income of $66,291.

HousingHandbookReference data

…

U.S. ZIP Code · GA31904

Muscogee County · Columbus, GA-AL

Typical home value

$220,116^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.6%
5-year / yr: +5.8%
10-year / yr: +5.6%

Relative price

vs U.S.: -22.5%
vs metro: +8.9%
vs state: -14.0%

Price history

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

The typical home in 31904 is worth $220,116 — 8.9% above the Columbus, GA-AL median. Over the past year, values have risen 4.6%. Homes here rent for a typical $1,316 a month — a 7.2% 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: $1,316^[2]
Gross yield: 7.2%^[2]
Cap rate: 4.3%^[2]

#Property tax

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

Effective tax rate: 1.0%^[3]
Typical annual tax: $2,207^[3]

#Climate risk

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

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

#Who lives here

Population: 35,405^[3]
Median household income: $66,291^[3]

#Migration

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

Net migration: -184^[5]
Moved in: 6,677
Moved out: 6,861

Schools

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

Public schools: 8
Elementary: 5
Middle: 2
High: 1

Jordan Vocational High School
High · Grades 9–12 · Muscogee County
969 students
Arnold Middle School
Middle · Grades 6–8 · Muscogee County
625 students
Double Churches Elementary School
Elementary · Grades PK–5 · Muscogee County
461 students
Allen Elementary School
Elementary · Grades K–5 · Muscogee County
446 students
Double Churches Middle School
Middle · Grades 6–8 · Muscogee County
442 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 yield7.2%

Net yield (after ~40% expenses)4.3%

Annual rent$15,786

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$1,113

Loan principal$176,093

Down payment$44,023

Total interest paid$224,597

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 ratio1.12

Monthly cost to own$1,480

Monthly rent$1,316

Renting 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: 68th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 93rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 31904?: The typical home in 31904 is worth $220,116, based on the Zillow Home Value Index.
Are home values rising in 31904?: Home values in 31904 are up 4.6% over the past year, and up 5.8% a year over five years.
What is the typical rent in 31904?: A typical home in 31904 rents for about $1,316 a month, a gross rental yield of 7.2%.
What is the property tax rate in 31904?: The effective property tax rate in 31904 is 1.0% — roughly $2,207 a year on a typical home.
Who lives in 31904?: ZIP code 31904 has a population of 35,405 and a median household income of $66,291.

#Comparable ZIPs

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

31833 vs 31904 →
West Point, GA
Typical home
$213,518
Gross yield
—
31909 vs 31904 →
Columbus, GA
Typical home
$233,739
Gross yield
7.3%
36875
Phenix City, AL
Typical home
$234,482
Gross yield
—
31826
Shiloh, GA
Typical home
$203,111
Gross yield
—
36858
AL
Typical home
$201,210
Gross yield
—
31801
Box Springs CDP, GA
Typical home
$241,568
Gross yield
—

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

Compare ZIPs

Pit ZIP 31904 against any other ZIP — full side-by-side table.

Compare 31904 →

#Jump to section

U.S. ZIP Code · GA31904

Get more data on ZIPs like this

Get more data on ZIPs like this