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Rental Insights for ZIP Code 39859 (Iron City, GA)

Housing Rentals in ZIP Code 39859 (Iron City, GA)

39859 ZIP Code in Georgia

An In-depth Rental Snapshot of ZIP Code 39859

The 39859 ZIP Code is primarily located in Iron City, GA in Seminole County. The median housing rent in this region or Georgia is estimated at $442 per month. About 23.7% of all housing units in this Seminole County ZIP Code are occupied by renters. Additionally, the region has an approximate rental vacancy rate of 2.0%.

The median rent in ZIP Code 39859 of $442 per month is 56% lower than the aggregate Georgia median monthly rent of $1,006, and is 58% lower than the $1,062 the median monthly rent in the U.S. overall. About 52.9% of renters in ZIP Code 39859 pay less than $500 per month for housing. That is 494% higher than in Georgia overall, in which 8.9% of total state residents pay less than $500 per month for housing. Only 47.1% of renters in this Iron City, GA region pay between $500 and $999 per month for rent.

ZIP Code 39859 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 39859

See the chart below for a comparison of monthly rental costs in ZIP Code 39859, Georgia, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 39859 along with those in the state of Georgia and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 39859

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 39859 Georgia U.S.
Less than $500 52.9% 8.9% 9.4%
$500 to $999 47.1% 40.6% 36.2%
$1,000 to $1,499 0.0% 35.8% 30.0%
$1,500 to $1,999 0.0% 11.1% 14.0%
$2,000 to $2,499 0.0% 2.4% 5.6%
$2,500 to $2,999 0.0% 0.6% 2.4%
$3,000 or more 0.0% 0.6% 2.4%

Rent Cost vs. Income in ZIP Code 39859

Renters in ZIP Code 39859 use an estimated 23.69% of their income to cover their monthly rent payments. That is about 20% lower than in Georgia overall. The estimate for Georgia overall is 29.63% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 39859 renters use about 21% less of their income to cover rent expense. Household income figures for ZIP Code 39859 come in lower than in Georgia as a whole. The median annual household income in ZIP Code 39859 of $32,305 sits approximately 45% lower than the overall Georgia median income of $58,700 and approximately 49% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 39859

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 39859, Georgia, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 39859 along with the same calculations in the state of Georgia and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 39859

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 39859 Georgia U.S.
Less than 15.0 percent 29.4% 13.2% 13.1%
15.0 to 19.9 percent 5.9% 13.4% 12.9%
20.0 to 24.9 percent 13.7% 13.0% 12.9%
25.0 to 29.9 percent 33.3% 11.3% 11.6%
30.0 to 34.9 percent 0.0% 8.9% 9.1%
35.0 percent or more 17.6% 40.1% 40.5%

Household Income in ZIP Code 39859

See the table below for the regional comparison of annual household income in ZIP Code 39859.

Income ZIP 39859 Georgia U.S.
Less than $10,000 12.1% 6.8% 6.0%
$10,000 to $14,999 10.1% 4.5% 4.3%
$15,000 to $24,999 8.5% 9.4% 8.9%
$25,000 to $34,999 27.1% 9.6% 8.9%
$35,000 to $49,999 6.8% 12.9% 12.3%
$50,000 to $74,999 11.6% 17.7% 17.2%
$75,000 to $99,999 9.7% 12.6% 12.7%
$100,000 to $149,999 11.8% 14.2% 15.1%
$150,000 to $199,999 2.4% 5.8% 6.8%
$200,000 or more 0.0% 6.5% 7.7%

Household Income in ZIP Code 39859

See the chart below for a comparison of annual household income figures in ZIP Code 39859, Georgia, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 39859 alongside the same figures for the state of Georgia and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 39859

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 39859.

ZIP 39859 Georgia U.S.
Median Housing Rent $442 $1,006 $1,062
Renter-Occupied Housing Units 23.7% 36.7% 36.0%
Rental Vacancy Rate 2.0% 6.8% 6.0%
Average Size of Renter-Occupied Unit 1.40 2.61 2.49
Average # of Bedrooms Per Unit 2.85 2.99 2.75
Percent of Income Spent on Rent 23.69% 29.63% 29.83%
Per Capita Income $20,021 $31,067 $34,103
Median Household Income $48,014 $82,406 $88,607
Living Below the Poverty Line 24.3% 11.3% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 39859

In ZIP Code 39859 (Iron City, GA), and estimated 23.7% of housing units are occupied by renters. This region has an approximate rental vacany rate of 2.0%.

The per capita income in 39859 is estimated at $20,021, which goes along with an estimated median household income of $48,014. About 24.3% of residents in this Seminole County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 1.40 occupants, while the units have an aggregate average size of 2.85 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 23.69% of their income on housing rental costs.

Rental FAQs for ZIP Code 39859

1

What is the median monthly rent in ZIP Code 39859?

Median rent for housing in ZIP Code 39859 in Seminole County in Georgia is approximately $442 per month.
2

Is it expensive to rent in ZIP Code 39859?

Rent in ZIP Code 39859 is lower than average in the state of Georgia overall. The median monthly rent of $442 in ZIP Code 39859 is approximately 56% lower than the Georgia median of $1,006. Additionally, median rent in this Iron City, GA region ($442) is about 58% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 39859?

High-priced rentals are not common in the Iron City, GA ZIP Code of 39859, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Georgia overall, approximately 0.6% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 39859?

Affordable rentals are more common in ZIP Code 39859 than in Georgia overall. The percentage of housing rentals in ZIP Code 39859 costing $999 or less per month (100%) is approximately 102% higher than the Georgia rate of 49.5% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 119% lower than the previously mentioned 39859 rate of 100%.
5

What is the most common cost range that rentals fall into in ZIP Code 39859?

The most common range for rental cost in ZIP Code 39859 is less than $500 per month. About 52.9% of renters in 39859 pay in this range for monthly rent. In comparison, approximately 8.9% of renters in the state of Georgia fall in the less than $500 range, and 9.4% of overall U.S. renters fall in this range.
6

Does ZIP Code 39859 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 39859 is lower than the rental vacancy rate in the state of Georgia overall. Rental vacancy of 2.0% in ZIP Code 39859 is about 71% lower than the Georgia rate of 6.8%. Looking more broadly, rental vacancy in this Iron City, GA region (2.0%) is an estimated 67% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 39859? How does it compare to other Georgia regions?

Median household income in ZIP Code 39859 is lower than in the state of Georgia overall. Annual household income of $32,305 in ZIP Code 39859 is about 45% lower than the Georgia median of $58,700. Additionally, median household income in this Iron City, GA region ($32,305) is approximately 49% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 39859 spend on housing costs?

Renters in ZIP Code 39859 spend a lower amount of their income on rent costs than do renters in Georgia overall. Renters in ZIP Code 39859 spend an estimated 23.69% of their income on rent payments, which is about 20% lower than the overall Georgia estimated rate of 29.63%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 21% higher than the ZIP Code 39859 estimated rate of 23.69%.
9

Do renters in ZIP Code 39859 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 39859 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 39859 spending 30 percent or more of their income on rent costs (17.6%) is approximately 64% lower than the Georgia rate of 49% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 65% higher than the aforementioned 39859 rate of 17.6%.
10

What is the average household size of renter-occupied units in ZIP Code 39859?

The average household size of renter-occupied units in ZIP Code 39859 is lower than in the state of Georgia overall. Annual household size of 1.40 in ZIP Code 39859 is about 46% lower than the Georgia median of 2.61. Additionally, median household size in this Iron City, GA region (1.40) is approximately 44% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Georgia ZIP Codes