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Milledgeville city, GA

ZIP 31061 — 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 31061

Median Home Value
$167,700
Median Rent
$640
Affordability Snapshot
$46,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,077/mo PITI).

14%
Rent-to-Income Ratio

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

3.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.8 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 31061 in Milledgeville city, GA, a household would need roughly $46,000 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 $1,077. That sits below the local median household income ($55,371), 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 21% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
62.5%-4% vs US avg
x
Vacancy Rate
21.1%+105% vs US avg
x
Broadband Access
88.0%+1% vs US avg
x
4+ Bedrooms
3.8%-75% vs US avg
x
Built Pre-1939
3.7%-71% vs US avg
x
Built Post-2014
1.0%-86% vs US avg
x
Rent Burden >30%
27.7%-44% vs US avg
x
Mortgage-Free
52.2%+37% vs US avg
x
$167,700
Home Value
$640
Rent
1985
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached55.4%
  • 1-unit attached2.2%
  • 2-9 units14.6%
  • 10+ units5.5%
  • Mobile home & other22.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$167,700
Median rent$640
Owner-occupied62.5%
Vacant21.1%
Price-to-income3.0x
Est. income to buy$46,000