Counties / Georgia / Dougherty County

Dougherty County, GA

FIPS 13095 · population 83,091 · part of Albany, GA

$129k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$129k
▼ 0.7% year over year
Zillow ZHVI · direct
Median asking rent
$929
▲ 0.8% year over year
Zillow ZORI · direct
Gross yield
8.6%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,129
market rent is 0.82x the standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

The annual signals disagree
FHFA five-year cumulative+47.2%not annualized · through 2025
0%ZILLOW ZHVI2026-06−0.7%FHFA HPI2025+2.9%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$134k
Surveyed gross rent$935
Rent burden 30%+49.7%
Median year built1975
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
15.7%vacant
40,653estimated housing units
Occupied tenure54.7% renter
owner 45.3%renter 54.7%
Structure mix63.5% single-family
Single-family 63.5%20+ units 2.3%Mobile home 4.7%Other 29.4%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs44,910▼ 2.4% from the prior annual release
Covered establishments2,604annual average reporting locations
Average weekly wage$1,092▲ 4.9% from the prior annual release
Largest private supersectorTrade, transportation, and utilities26.4% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−2.4%WEEKLY WAGE+4.9%Trade, transportation, and utilities26.4%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Dougherty County is a cash-flow-versus-resilience screen, not an appreciation case: Zillow’s county observation shows a $129,145 median home value, $929 monthly median asking rent, and an 8.63% gross yield before costs, while value is down 0.66% year over year. Buyers able to verify property-level expenses and flood exposure should investigate; buyers underwriting appreciation or treating county averages as property results should be cautious. The rent is measured asking rent, not a subsidy benchmark.

02Housing economics

HUD’s two-bedroom FMR payment standard is $1,129, distinct from market rent and not a basis to increase it. The supplied effective property-tax rate is 1.33%; combine it with maintenance, vacancy and financing, none published, and property-level insurance. FHFA’s 2025 repeat-transaction HPI rose 2.90% annually. It is an index, not a home value, and its method and vintage cannot be averaged with or treated as confirmation of Zillow’s separate observation.

03Demand & competition

The demand and competition picture is mixed. QCEW annual average data show county workplace covered employment contracted; this is neither resident employment nor a forecast. Tax-return movers produced a net outflow of 153, and incoming movers’ average AGI was $5,457 below outgoing movers’ average, a calculation from the supplied averages that weakens the demand screen. Investors made 144 of 567 purchases, or 25.4%, indicating meaningful non-occupant participation rather than proof of price support. Realtor.com MLS evidence shows active listings up 23.14% year over year and median days on market at 70; these describe visible asking-market supply and marketing time, not closed sales or buyer demand by themselves.

04Risk & next checks

Inland flood is the dominant hazard, and modeled annual climate loss equals 0.16% of building value; it shifts review toward parcel-level flood-zone, claims-history and insurance-quote evidence rather than a countywide loss assumption. Missing sale-price, transaction-volume and unit-level rental-comp evidence prevents a conclusion on executable purchase price or rent durability. Missing vacancy, operating-expense, insurance and financing data also prevents a net-yield conclusion. Verify whether the property’s tax assessment, flood exposure and actual lease terms differ from county measures.

Cities & communities

Where people live within Dougherty County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Albany city67.2KPutney CDP3.2K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

2 Census places

Population
  1. 01
    Albany cityIncorporated place
    67,224
  2. 02
    Putney CDPCensus-designated place
    3,150

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.155% of building value expected lost per year

Effective property tax1.32%

$1,781 median annual bill

02
DemandIRS SOI household flows
Net migration-153

2,269 in · 2,422 out

Arriving vs leaving income−$5,457

$37,600 arriving · $43,057 leaving

03
CompetitionHMDA financed purchases
Purchases by investors25.4%

144 of 567 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings306▲ 23.1% year over year
Median days on market70▼ 31.2% year over year
Listings price-reduced13.2%seller-concession signal
Median listing pricen/a▲ 16.1% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

Same metro

The other counties in Albany, GA

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Dougherty County83,091$129k$9298.6%inland flooding
Lee County33,626$269k$1,6467.3%inland flooding
Worth County20,451$176kn/an/ainland flooding
Terrell County8,850$121kn/an/ainland flooding
Bear case

What can break the county thesis

  1. County median value and asking rent may not represent the subject property’s achievable price or lease terms.
  2. Flood exposure, insurance, vacancy and operating costs could materially reduce the reported gross yield.
  3. MLS supply, investor participation and migration indicators do not establish closed-sale liquidity or property-level tenant demand.
Underwriting questions

Before pricing a property

Can gross yield be computed from a published market-rent measure?

Yes. The record publishes median asking rent and a gross yield, but the yield is before operating and financing costs.

Does the HUD figure establish likely asking rent?

No. The record defines HUD FMR as a payment standard, separate from measured market asking rent.

What prevents a net-yield conclusion?

The record does not publish vacancy, operating-expense, insurance or financing data.