39845, Donalsonville, GA

The 39845 zip code of Donalsonville, GA has a median home value of $137,000. This is lower than the Georgia state median home value of $203,000. The 39845 zip code also has a lower than average homeownership rate of 63%. This indicates that there are many homes in this zip code that are not owned by their occupants.

One reason why the 39845 zip code may have a lower home value and homeownership rate is that it is located in an area with high unemployment rates. The unemployment rate for the 39845 zip code was 10.5% as of September 2016. This is higher than the Georgia state unemployment rate of 5%. Additionally, the 39845 zip code has a poverty rate of 29%. This indicates that there are many families living in this area who do not have enough money to purchase or maintain a home.

Despite these challenges, there are some homeowners in the 39845 zip code who have been able to achieve success by selling their homes at a higher price than they originally purchased them for. In fact, as of September 2016, there were three homes in the 39845 zip code that had sold for more than their original purchase price. These high sales prices indicate that there is potential for growth in this area if current trends continue.