Macon, GA

Bibb County ยท Pop. 157,346

Ranked #16 of 243 cities

58Moderate

Median Home Price

๐Ÿ 

$140K

3.0% YoY

Median Rent

๐Ÿ”‘

$900

2.5% YoY

Median Income

๐Ÿ’ฐ

$35K

Rent Burden

๐Ÿ“Š

32.5%

% of income to rent

Income to Buy

๐Ÿฆ

$40K

annual income needed

Income to Rent

๐Ÿ“

$36K

annual income needed

Price-to-Income

โš–๏ธ

4.0x

Homeownership

๐Ÿก

48.0%

Rent vs. Buy

Buy

$745/mo

Est. mortgage (7%, 20% down)

Need $40K/yr income

Rent

$900/mo

Median rent

Need $36K/yr income

How Macon Compares

MetricMaconGeorgiaNational
Home Price$140K$323K$410K
Rent$900$1,400$1,500
Income$35K$75K$75K
Rent Burden32.5%32.5%30.0%

Key Takeaways

  • โ€ข Home prices in Macon are 66% lower than the national average.
  • โ€ข Rent is 40% lower than the national average.
  • โ€ข You need an income of $40K to comfortably buy a home here.
  • โ€ข The homeownership rate is 48.0%, compared to 65.0% nationally.