Counties / Georgia / Muscogee County

Muscogee County, GA

FIPS 13215 · population 203,711 · part of Columbus, GA

$190k
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
$190k
▲ 2.5% year over year
Zillow ZHVI · direct
Median asking rent
$1,277
▲ 2.6% year over year
Zillow ZORI · direct
Gross yield
8.1%
annual rent ÷ price, before costs
derived: rent × 12 ÷ price ✓
HUD 2-bed standard
$1,088
market rent is 1.17x 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.

Both annual signals move in the same direction
FHFA five-year cumulative+46.5%not annualized · through 2025
0%ZILLOW ZHVI2026-06+2.5%FHFA HPI2025+5.0%
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$194k
Surveyed gross rent$1,106
Rent burden 30%+50.5%
Median year built1978
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
11.5%vacant
92,031estimated housing units
Occupied tenure49.2% renter
owner 50.8%renter 49.2%
Structure mix68.6% single-family
Single-family 68.6%20+ units 8.3%Mobile home 1.6%Other 21.6%
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 jobs89,167▼ 0.0% from the prior annual release
Covered establishments5,374annual average reporting locations
Average weekly wage$1,091▲ 2.1% from the prior annual release
Largest private supersectorTrade, transportation, and utilities20.3% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−0.0%WEEKLY WAGE+2.1%Trade, transportation, and utilities20.3%
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

Muscogee County’s tension is income versus exit risk: Zillow’s 2026-06 median home value of $190,185 and median asking rent of $1,277 produce the supplied 8.06% gross yield before costs, while listings and household flows call for price discipline. Buyers who can verify unit-level flood and operating costs should investigate; those relying on quick resale or untested rents should be cautious. This is a county screen, not an appraisal.

02Housing economics

Zillow shows modest, similarly paced price and asking-rent gains, supporting gross yield but not net return. FHFA’s 2025 repeat-transaction HPI rose 4.98%; it corroborates direction but is an index, not a home value, and has a different vintage and method. The effective property-tax rate is 0.86%, requiring parcel-level assessed-value and levy review. The supplied two-bedroom HUD FMR is below market rent but is a payment standard, not an asking-rent estimate; it cannot substitute for measured rent or yield.

03Demand & competition

Realtor.com’s 2026-06 MLS evidence is softer: active listings rose 31.75% and 14.02% carried price reductions. These measure visible asking supply and seller concessions, not closed-sale prices or buyer demand. Net migration was negative 196 tax-return households, while inbound mover income trailed outbound income by $6,856. Investors made 369 of 1,930 purchases, or 19.12%, a meaningful nonoccupant-mortgage presence, not a measure of all-cash activity. Annual QCEW shows near-flat covered workplace employment, wage growth, and Trade, transportation, and utilities as the largest disclosed private supersector—not resident employment or unemployment.

04Risk & next checks

Modeled expected annual climate loss is about 0.10% of building value and inland flood is the dominant hazard; obtain flood zone, elevation, insurance, deductible, and repair history rather than convert that ratio into dollars. Missing vacancy, achieved concessions, unit-type rents, sale comps, financing, and operating or insurance costs prevent net-yield and acquisition-basis conclusions. Confirm parcel tax, lease comparables, flood coverage, and transaction buyer composition.

Cities & communities

Where people live within Muscogee 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
Columbus city203.7K
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

1 Census places

Population
  1. 01
    Columbus cityIncorporated place
    203,711

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

0.095% of building value expected lost per year

Effective property tax0.86%

$1,660 median annual bill

02
DemandIRS SOI household flows
Net migration-196

6,539 in · 6,735 out

Arriving vs leaving income−$6,856

$52,430 arriving · $59,286 leaving

03
CompetitionHMDA financed purchases
Purchases by investors19.1%

369 of 1,930 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 listings596▲ 31.8% year over year
Median days on market55▲ 7.3% year over year
Listings price-reduced14.0%seller-concession signal
Median listing pricen/a▼ 5.6% 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 Columbus, 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
Muscogee County203,711$190k$1,2778.1%inland flooding
Russell County58,811$202k$1,3608.1%inland flooding
Harris County36,086$379kn/an/ainland flooding
Chattahoochee County8,887$146kn/an/ainland flooding
Marion County7,509$185kn/an/ainland flooding
Talbot County5,742$190kn/an/ainland flooding
Stewart County4,869$81kn/an/ainland flooding
Bear case

What can break the county thesis

  1. Parcel-level flood exposure and insurance costs may overwhelm the county-level gross-yield screen.
  2. MLS supply and concessions may not translate into purchasable discounts or closed-sale values.
  3. County median rent and tax measures may not match the target unit, vacancy, operating costs, or financing.
Underwriting questions

Before pricing a property

Can gross yield be calculated from a measured market rent?

Yes. The record publishes median asking rent and supplies a gross yield of 8.06% before costs.

Does the HUD two-bedroom FMR establish achievable market rent?

No. It is a HUD payment standard, not an estimate of asking rent, and cannot replace the published market-rent measure.

What buyer-market evidence is available?

Realtor.com reports higher active MLS listings and a share of listings with price reductions; these are listing-market supply and concession indicators, not closed-sale evidence.