31503 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Ware County
Centroid: Latitude 31.219, Longitude -82.374
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 31503 has segments in 3 Counties (Brantley, Pierce, Ware).

Businesses Addresses: 455
PO Box Addresses: 0
Residential Addresses: 8,719

Multi-Family Addresses: 116
Single Family Addresses: 8,603

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2024, Maps updated: May 1, 2024.

Waycross, GA 31503 Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	21,823 (100%)
Population in Households	20,096 (92.1%)
Population in Families	16,820 (77.1%)
Population in Group Quarters¹	1,727 ( 7.9%)
Population Density	52
Diversity Index²	51


INCOME
Median Household Income	$48,444
Average Household Income	$63,731
% of Income for Mortgage⁴	15%
Per Capita Income	$23,561
Wealth Index⁵	48
Socioeconomic Status Index⁶	Low (41.8)

HOUSING
Total HU (Housing Units)	9,141 (100%)
Owner Occupied HU	5,548 (60.7%)
Renter Occupied HU	2,466 (27.0%)
Vacant Housing Units	1,127 (12.3%)
Median Home Value	$115,404
Average Home Value	$160,184
Housing Affordability Index³	163

HOUSEHOLDS
Total Households	8,014
Average Household Size	2.51
Family Households	5,379
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Waycross, GA 31503 - Peer Comparisons by Rank and Percentile

The table below compares 31503 to the other 705 ZIP Codes in Georgia by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.68%	-0.18%
Households	-0.25%	-0.15%
Families		-0.26%
Median Household Income		2.37%
Per Capita Income		3.02%
Owner Occupied HU		0.33%

Variable Description	Rank	Percentile
Total Population	# 199	72nd
Population Density	# 452	36th
Median Household Income	# 562	20th
Housing Affordability Index	# 629	89th
Per Capita Income	# 620	12th
Diversity Index	# 430	39th

31503 ZIP Code Profile, Map, Data & Demographics

ZIP Code 31503: Basic Data & USPS Preferred City Name

Waycross, GA 31503 Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Waycross, GA 31503 - Peer Comparisons by Rank and Percentile

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