Macon Real Estate Market Overview
Average Monthly Rent:
$1,052
Percentage Change in Home Price/Value:
4.1%
Median Home Value:
$170,000
Best Time To Sell Home:
December
Affordability Index:
252
Days To Sell House:
46
Job Market:
Fair
Public School Ranking:
32
Location and Weather
The charming city of Macon is located in central Georgia, amongst both rolling hills and flat plains. It is the county seat of Bibb County, and was founded at the fall line of the Ocmulgee River. It is the 4th largest city in Georgia, and has a reputation for its beautiful Cherry Blossom trees that bloom in the spring. Macon also has strong music roots, rich history, impressive education, and a wide variety of incredible eats.
Macon’s climate is considered to be subtropical; winters are short and mild while summers are warm but comfortable. There is also around 50 inches of rain annually, and hardly any snow.
Population, Job Market and Cost of Living
The city of Macon has a population of 153,927, with a growth rate of 0.17% annually. The job market has increased by 1.5% over the last year. In ten years, job growth is predicted to be 34.4%. Four major industries of Macon’s economy are aerospace, manufacturing and logistics, food processing, and back office employment. Some notable companies found here include Tractor Supply Company, Aspen Products, Mr. Chips, Tyson Foods, and Graphic Packaging International.
One of the largest employers is GEICO, as their regional office is located here and employs around 6,700 people. Along with having a strong job climate, Macon is also a very affordable place to live. Housing costs are low here, and the average cost of living is less than both the Georgia and U.S. average.