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Milan city, GA

ZIP 31060 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 31060

Median Home Value
$77,300
Median Rent
$469
Affordability Snapshot
$21,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$497/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

13.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 31060 in Milan city, GA, a household would need roughly $21,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $497. That sits below the local median household income ($44,135), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 39% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
81.2%+24% vs US avg
x
Vacancy Rate
38.9%+278% vs US avg
x
Broadband Access
72.0%-17% vs US avg
x
4+ Bedrooms
9.9%-33% vs US avg
x
Built Pre-1939
11.8%-8% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
8.5%-83% vs US avg
x
Mortgage-Free
80.7%+111% vs US avg
x
$77,300
Home Value
$469
Rent
1985
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached63.4%
  • 1-unit attached0.9%
  • 2-9 units0.3%
  • 10+ units0.0%
  • Mobile home & other35.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$77,300
Median rent$469
Owner-occupied81.2%
Vacant38.9%
Price-to-income1.8x
Est. income to buy$21,000