Baker County Real Estate and Livability Trends
Baker County, Georgia's real estate market exhibits significant volatility in median home values, ranging from $75,500 in 2018 to $121,600 in 2022. This inconsistency, along with rising real estate taxes, makes financial planning essential for investors. Despite the fluctuations, there's a growing demand for owner-occupied housing, evidenced by increasing principal residence mortgages, signaling... Read more
Baker County Market Trends
In Baker County, Georgia, the median home values have showcased significant volatility, ranging from $75,500 in 2018 to $121,600 in 2022, contrasting with the steady upward trend seen statewide. This fluctuation could imply unique investment opportunities or risks, given the county’s 2022 median value is still notably below Georgia's $245,900 average. Real estate taxes have risen from $1,431.58... Read more
Median Value of Occupied Housing Units in Baker County, Georgia Over the Last 8 Years
Over the past eight years, Baker County, Georgia, has seen considerable volatility in median home values, diverging from state and national upward trends. While median values in Baker County ranged from $75,500 in 2018 to $121,600 in 2022, Georgia's median values steadily increased from $148,100 in 2015 to $245,900 in 2022. This fluctuation may present unique investment opportunities or risks compared to the more stable growth seen across the state and nation. Notably, Baker County’s 2022 median value remains significantly below Georgia's and the national values, suggesting differing local market dynamics or potential for future growth.
Residential Energy Tax Credit Per Tax Return in Baker County, GA Over the Last 2 Years
Baker County, Georgia, has seen a noticeable decline in the average residential energy tax credit per tax return, dropping from $400.00 in 2013 to $300.00 in 2015. This trend suggests a decreased financial incentive for homeowners investing in energy-efficient improvements, possibly impacting decisions for future property developments or investments focused on sustainable living solutions.
Average Real Estate Taxes Per Tax Return in Baker County, GA Over the Last 10 Years
Real estate taxes in Baker County, Georgia have shown some variability over the past decade. Starting at $1,431.58 in 2012, they dipped slightly before rising to a high of $2,000.00 in 2019 and 2020. Despite these fluctuations, the general trend suggests a possible increase over the years, potentially indicating rising property values or tax rate adjustments. This could be relevant for prospective investors and residents who may need to consider higher taxes in their financial calculations.
Percentage of Farm Returns in Baker County, GA Over the Last 10 Years
In Baker County, Georgia, the percentage of farm returns has fluctuated between 8.16% and 10.17% over the last decade, peaking in 2014. This slight volatility could indicate shifting agricultural productivity or changes in farm profitability. Investors and prospective residents might find this data intriguing as it suggests a relatively stable farming environment with occasional dips, making it important to consider both the economic stability and potential growth in the local agriculture sector when making decisions.
Number of Mortgages by Occupancy Type in Baker County, GA Over the Last 5 Years in Baker County
Over the past five years in Baker County, Georgia, principal residence mortgages have shown a consistent upward trend, increasing from 50 in 2018 to 83 in 2021, reflecting a growing demand for owner-occupied housing. Investment property mortgages, while fewer in number, have seen fluctuations but generally remain stable. This shift could indicate a growing confidence in long-term living options over transient investment opportunities. Changes in occupancy type matter because they inform real estate agents, investors, and developers of market stability and potential growth areas. For appraisers and insurance agents, understanding these trends helps accurately assess property values and risks.
Economic Outlook
Baker County, Georgia's average taxable income per tax return has experienced significant fluctuations over the past nine years, with a low of $31,731.90 in 2017 and a peak of $40,224.56 in 2021. Such variations suggest economic shifts and changing demographics that might influence property values and investment decisions. Furthermore, state and local income taxes have shown volatility, ranging between $3,300.00 in 2020 and a high of $5,000.00 in 2018. Similarly, the average total tax liability... Read more
Average Taxable Income per Tax Return in Baker County, GA over the last 9 years
Over the past nine years in Baker County, Georgia, the average taxable income per tax return has shown notable fluctuations. While there was a dip in 2017 to $31,731.90, figures have since rebounded, peaking at $40,224.56 in 2021. These variations reflect possible economic shifts and changing demographics, impacting investment decisions and property values. Investors, builders, and residents might find these trends indicative of the locality’s economic health and potential growth opportunities.
Average State and Local Income Taxes Per Tax Return in Baker County, GA Over the Last 10 Years
Baker County, Georgia has seen fluctuating trends in state and local income taxes per tax return over the last decade ranging from $3,300.00 in 2020 to a peak of $5,000.00 in 2018. This volatility highlights potential opportunities and risks for those considering moving to or investing in the area. While 2012 and 2013 had fairly stable figures around $4,472.73 and $4,655.00 respectively, there's been noticeable variability in subsequent years, reflecting broader economic factors that might impact investment decisions.
Average Total Tax Liability Per Tax Return in Baker County, GA Over the Last 10 Years
Baker County, Georgia has seen fluctuating trends in average total tax liability per tax return over the past decade. Despite a dip to $5,386.30 in 2018, there was a notable spike in 2020 reaching $7,653.33, signaling potential economic shifts or policy changes. For investors and property developers, these variances could indicate changing economic conditions, making it crucial to stay informed on local fiscal policies and economic health to make strategic decisions.
Cost of Living in Baker County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,034 | $1,287 | $1,606 | $1,048 | $962 |
| 1 adult 4 children | $1,034 | $1,051 | $1,227 | $1,048 | $1,019 |
| 2 adults 3 children | $1,034 | $1,051 | $1,394 | $1,048 | $783 |
| 1 adult 3 children | $1,034 | $858 | $1,015 | $1,048 | $805 |
| 2 adults 2 children | $772 | $861 | $1,183 | $908 | $685 |
| 1 adult 2 children | $772 | $643 | $803 | $908 | $607 |
| 2 adults 1 child | $772 | $680 | $971 | $454 | $661 |
| 1 adult 1 child | $772 | $439 | $591 | $454 | $558 |
| 2 adults | $606 | $546 | $759 | $0 | $580 |
| 1 adult | $602 | $298 | $379 | $0 | $515 |
Demographics
Baker County, Georgia, showcases intriguing demographic nuances. The gender split is nearly balanced but slightly tips towards a higher female population. Educational attainment varies, with a significant count of high school graduates and a noticeable portion holding associate's or bachelor's degrees. The age distribution suggests a robust presence of residents aged 55 to 74 years, hinting at a considerable older adult demographic. In terms of race, the county is predominantly White, followed... Read more
Race Distribution in Baker County, Georgia (2022)
Educational Attainment in Baker County, Georgia (2022)
Age Distribution in Baker County, Georgia
Citizen Population in Baker County, Georgia (2022)
Political Trends & Data
Baker County, Georgia, tends to lean Republican with around 58% of the 2020 U.S. Presidential Election votes favoring the GOP candidate, while Democrats show notable presence at approximately 42%. Libertarians appear to have minimal impact, garnering less than 1% of the vote. This suggests the county is primarily driven by a two-party dynamic, with scant influence from third... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Baker County, Georgia possibly leans Republican, with nearly 58% of the 2020 U.S. Presidential Election votes going to the Republican candidate. Democrats might hold a significant minority at roughly 42%, and Libertarians, while present, seem to have a minimal impact with less than 1% of the vote. This distribution suggests a predominantly two-party preference with limited third-party influence.
57.68% of voters voted for the Republican party in the 2020 Presidential Election
41.93% of voters voted for the Democrat party in the 2020 Presidential Election
0.39% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Baker County, Georgia, has decreased notably from 13 in 2014 to about 9 in 2023, dipping below the national average of 14. This trend likely indicates more personalized attention for students, which is appealing for families thinking about relocating. Investors, developers, appraisers, and insurance agents might find this useful for assessing community needs, potential growth, property values, and risk evaluations in the... Read more
Student-to-teacher ratio in Baker County, Georgia over the last 10 years
The student-to-teacher ratio in Baker County, Georgia has exhibited fluctuations over the past decade, starting at 13 in 2014 and seeing a notable decline to around 9 by 2023 with some years experiencing upturns. This ratio recently fell below the national average of 14, which could be seen as a positive sign for those prioritizing more personalized education, likely translating to more individualized attention for students. Lower ratios might be attractive to families considering relocation and can be a valuable talking point for real estate agents. For investors and developers, understanding such trends helps in assessing community needs and potential growth areas within the county. Appraisers and insurance agents may also find this data pertinent when evaluating the locality's school district as a factor influencing property values and risk assessments.
