31601, Valdosta, GA

The 31601 zip code of Valdosta, GA has a population of around 102,000 people and is home to a number of different businesses and industries. The median household income in the 31601 zip code is $50,000, which is lower than the national median household income of $53,046. However, this does not mean that the residents of the 31601 zip code are struggling financially. In fact, many residents are able to afford to purchase homes in this area because of the high home equity and home prices in this area.

According to Zillow’s Home Value Index for ZIP Codes within 100 miles of Valdosta (including 31601), the median home value in this area is $128,900. This means that homeowners in the 31601 zip code can typically afford to pay off their mortgages on average in just over 5 years. Additionally, Zillow’s Home Value Index shows that the average home value increased by 7% from 2016 to 2017 – which indicates that there is strong demand for homes in this area.

As you can see from these figures, homeownership rates are high in the 31601 zip code and there is strong demand for homes here – which means that you should expect to pay a higher price for a home if you want to buy one here. On average, homes here cost around 8% more than homes located in other parts of Georgia – so if you are looking for a place to live near Valdosta, GA then it would be wise to consider purchasing a home within this zipcode.