Counties / Alabama / Macon County

Macon County, AL

FIPS 01087 · population 18,691 · part of Auburn, AL

$139k
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
$139k
▲ 1.4% year over year
Zillow ZHVI · direct
ACS median gross rent
$734
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$995
the Section 8 payment 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.

Both annual signals move in the same direction
FHFA five-year cumulative+38.5%not annualized · through 2025
0%ZILLOW ZHVI2026-06+1.4%FHFA HPI2025+3.6%
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$102k
Surveyed gross rent$734
Rent burden 30%+51.8%
Median year built1979
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
25.0%vacant
9,653estimated housing units
Occupied tenure38.5% renter
owner 61.5%renter 38.5%
Structure mix63.6% single-family
Single-family 63.6%20+ units 2.1%Mobile home 17.3%Other 17.0%
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 jobs4,885▲ 1.2% from the prior annual release
Covered establishments323annual average reporting locations
Average weekly wage$1,130▲ 3.2% from the prior annual release
Largest private supersectorLeisure and hospitality18.6% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS+1.2%WEEKLY WAGE+3.2%Leisure and hospitality18.6%
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

Macon County presents a verification-first acquisition question: Zillow’s 2026-06 median home value was $138,558 and rose 1.36%, while FHFA’s 2025 repeat-transaction HPI rose 3.61%. Both measures indicate positive direction, but they have different vintages and methods; the FHFA index is not a dollar home value. Investors able to obtain property-level rents and insurance terms should investigate, while buyers needing a published yield screen should be cautious.

02Housing economics

Market rent is not published, so gross yield cannot be computed. HUD’s $995 two-bedroom Fair Market Rent is a payment standard, not an estimate of asking rent and cannot substitute for market rent. The effective property-tax rate is 0.50%, with a $509 median annual tax. This provides county-level carrying-cost context against the published home-value measure, but it does not establish taxes, repairs, insurance, or rent coverage for any specific property.

03Demand & competition

QCEW reports 4,885 annual-average covered jobs at county workplaces; it is not resident employment. Leisure and hospitality is the largest disclosed private supersector, not a description of the whole county economy. Tax-return migration was net negative by 64 households, and average income among out-movers exceeded that of in-movers by $2,040. Investors made 10 of 84 purchase mortgages, or 11.90%; this indicates non-owner competition within financed purchases, not investor participation across all transactions.

04Risk & next checks

Modeled climate loss equals 0.12% of building value per year, with inland flood identified as the dominant hazard. That modeled county-level measure does not establish a parcel’s flood exposure, insurance availability, deductible, or actual loss. Realtor.com listing-market figures are not published, preventing conclusions about visible active supply, marketing time, or seller price reductions. Missing lease terms, vacancy, property condition, closed-sale comparables, and parcel-level hazard evidence prevent a defensible cash-flow and resale-liquidity conclusion.

Cities & communities

Where people live within Macon 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
Tuskegee city8.9KNotasulga town*1.1KFranklin town981Shorter town404
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

4 Census places

Population
  1. 01
    Tuskegee cityIncorporated place
    8,938
  2. 02
    Notasulga townIncorporated place · spans 2 counties
    1,050
  3. 03
    Franklin townIncorporated place
    981
  4. 04
    Shorter townIncorporated place
    404

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

0.117% of building value expected lost per year

Effective property tax0.50%

$509 median annual bill

02
DemandIRS SOI household flows
Net migration-64

346 in · 410 out

Arriving vs leaving income−$2,040

$39,431 arriving · $41,471 leaving

03
CompetitionHMDA financed purchases
Purchases by investors11.9%

10 of 84 mortgages

investorother financed
No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; for a rent figure, the Auburn, AL page covers the wider market.
Same metro

The other counties in Auburn, AL

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
Macon County18,691$139kn/an/ainland flooding
Lee County181,134$354k$1,7285.9%inland flooding
Bear case

What can break the county thesis

  1. Market rent, vacancy, and operating expenses may not support acceptable property-level cash flow.
  2. County net outmigration may not reflect a durable tenant or owner-occupant pipeline.
  3. Inland-flood exposure and insurance terms may differ materially from the county climate model.
Underwriting questions

Before pricing a property

Can gross yield be calculated from the supplied record?

No. Market rent is not published, and HUD Fair Market Rent cannot be used as market rent.

What does the QCEW employment figure measure?

Annual average covered jobs located at workplaces in Macon County, not resident employment or unemployment.

What is the county’s dominant supplied hazard?

Inland flood.