ZIP 31554 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 31554 in the Bacon County, GA FMR area.

Bacon County, GA

$730Efficiency

$9101 bedroom

$1,0302 bedrooms

$1,4103 bedrooms

$1,6704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$730	$657	$803	$798
1 bedroom	$910	$819	$1,001	$803
2 bedrooms	$1,030	$927	$1,133	$1,002
3 bedrooms	$1,410	$1,269	$1,551	$1,387
4 bedrooms	$1,670	$1,503	$1,837	$1,446

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Coffee County, GA

$730Efficiency

$9101 bedroom

$1,0302 bedrooms

$1,4103 bedrooms

$1,6704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$730	$657	$803	$698
1 bedroom	$910	$819	$1,001	$920
2 bedrooms	$1,030	$927	$1,133	$1,002
3 bedrooms	$1,410	$1,269	$1,551	$1,387
4 bedrooms	$1,670	$1,503	$1,837	$1,675

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Ware County, GA

$730Efficiency

$9101 bedroom

$1,0302 bedrooms

$1,4103 bedrooms

$1,6704 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$730	$657	$803	$768
1 bedroom	$910	$819	$1,001	$773
2 bedrooms	$1,030	$927	$1,133	$1,011
3 bedrooms	$1,410	$1,269	$1,551	$1,205
4 bedrooms	$1,670	$1,503	$1,837	$1,564

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 31554

$46,115average adjusted gross income per tax return (2022)

$37,884average salaries and wages per return

1,940tax returns filed

27%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	39.2%
$25,000 to $50,000	29.9%
$50,000 to $75,000	13.4%
$75,000 to $100,000	7.7%
$100,000 to $200,000	8.8%
$200,000 or more	1.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 33.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 31554?

HUD's FY2027 Small Area FMRs for ZIP 31554 (Bacon County, GA) are $730 efficiency, $910 one bedroom, $1,030 two bedrooms, $1,410 three and $1,670 four bedrooms.

What payment standard can a housing authority set in ZIP 31554?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $927 to $1,133.

How affordable is rent in ZIP 31554?

Tax returns filed from ZIP 31554 reported an average adjusted gross income of $46,115 (2022). A two-bedroom unit at the Small Area FMR costs $12,360 a year, or 27% of that income.