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Housing market/Georgia/ZIP 31055

ACS 2023 · FY2027 SAFMR

ZIP 31055 Mc Rae, Telfair County, Georgia

Telfair County, GA · Georgia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
5,871
Households
1,401
Median HH income
$50,394
Renter share
32.5%
Median gross rent
$647
Vacancy
34.5%
Pop. change
-28.3%
2BR SAFMR
$1,000
SAFMR / rent
1.546×
2–49 unit stock
360
LIHTC proj / units
1 / 48
HUD assisted MF
1 / 36

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 31055 · GA — sent to you.

ZIP 31055 · GA

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ACS rent vs 2BR SAFMR

ZIP 31055 — Mc Rae, GA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$647
2BR SAFMR$1,000
90% floor$900
110% ceiling$1,100

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 31055

  • 1-unit detached1,44767.6%
  • 2–4 units26712.5%
  • 5–49 units934.3%
  • 50+ units90.4%
  • Mobile32315.1%
TypeUnitsShare
1-unit detached1,44767.6%
1-unit attached00.0%
2 units (duplex)632.9%
3–4 units2049.5%
5–9 units934.3%
10–19 units00.0%
20–49 units00.0%
50+ units90.4%
Mobile32315.1%

2–4 unit share 12.5% · 5–49 unit share 4.3% · combined 2–49 16.8%.

Units by bedrooms

Studio
83
1BR
26
2BR
774
3BR
1,011
4BR
203
5+
42

Rent burden

Rent ≥30% of income44.8%
Rent ≥50% of income13.0%
  • ACS median gross rent $647 (all bedrooms, occupied rentals).
  • Median contract rent $543.
  • Renters paying ≥30% of income 44.8%; ≥50% 13.0%.
  • FY2027 2BR SAFMR $1,000 (1.546× ACS median gross rent).

Population

5,871 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -28.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 48 units.
  • HUD project-based assisted MF: 1 properties, 36 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 31055 32.5% of occupied households are renters; vacancy is 34.5%; ACS median gross rent is $647; population changed -28.3% between the 2018 and 2023 ACS vintages; the housing stock includes 267 units in 2–4-unit structures and 93 units in 5–49-unit structures; 1 LIHTC projects totaling 48 units; FY2027 2BR SAFMR is $1,000 versus ACS median gross rent of $647. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

ZIP 31055 — Mc Rae, GA HUD Section 8 Payment Standards / SAFMR·Georgia ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
31011Telfair County, GA20.1%$683$1,02031060Telfair County, GA18.9%$807$1,08031077Telfair County, GA18.5%—$1,11031083Telfair County, GA25.5%—$1,00031544Telfair County, GA18.5%$953$1,030

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Georgia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 31055?

ZIP 31055 (Telfair County, GA) has 5,871 residents, 1,401 households, a renter share of 32.5%, median household income of $50,394, and ACS 2023 median gross rent of $647. Vacancy is 34.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 31055?

ACS counts 63 units in 2-unit buildings, 204 in 3–4 unit buildings, 93 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 360 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 31055?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,000. See the full schedule and 90–110% payment-standard band on the ZIP 31055 — Mc Rae, GA HUD Section 8 Payment Standards / SAFMR.