Bibb County Real Estate and Livability Trends
Bibb County, Georgia, has seen home values rise from $118,700 in 2015 to $155,200 in 2022, suggesting possibly more affordable investment opportunities compared to state and national trends. Average taxable income per tax return jumped from $46,417.81 in 2013 to $65,137.97 in 2021, reflecting potential economic growth despite persistent challenges. Residential energy tax credits peaked at... Read more
Bibb County Market Trends
Bibb County, Georgia's real estate market has seen home values rise from $118,700 in 2015 to $155,200 in 2022, though this increase lags behind the state and national trends. This might indicate more affordable investment opportunities relative to other regions. An upward trend in residential energy tax credits, peaking at $1,574.36 in 2018, points to growing eco-friendly investments, appealing... Read more
Median Value of Occupied Housing Units in Bibb County, Georgia Over the Last 8 Years
Over the past eight years, Bibb County, Georgia has seen its median home values fluctuate but eventually rise from $118,700 in 2015 to $155,200 in 2022. While the national median increased more steadily from $125,500 to $179,400 over the same period, Georgia's market saw sharper growth, ascending from $148,100 to $245,900. These contrasting trends suggest that while Bibb County's property values have climbed, they have not kept pace with the broader state or national markets, potentially indicating more affordable investment opportunities in the region.
Residential Energy Tax Credit Per Tax Return in Bibb County, GA Over the Last 9 Years
Bibb County, Georgia has seen a notable increase in residential energy tax credits over the last nine years, peaking at $1,574.36 per tax return in 2018 before settling at $1,467.74 in 2021. This upward trend suggests growing investments in energy-efficient home improvements, making it an attractive locale for green energy initiatives. This data points to a community that values sustainable living and potentially offers significant opportunities for those in the eco-friendly housing sector.
Average Real Estate Taxes Per Tax Return in Bibb County, GA Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Bibb County, Georgia have generally increased. Starting at $2,673.02 in 2012, the trend stayed relatively flat until 2016, when a more noticeable rise began. By 2017, the average spiked to $3,107.27, and by 2018, it surged significantly to $4,233.28, continuing to climb slowly. By 2021, the average reached $4,423.03. This upward trajectory could influence investment decisions and reflect growing economic activity or property value appreciation in the area.
Percentage of Farm Returns in Bibb County, GA Over the Last 10 Years
Bibb County, Georgia has seen a relatively stable yet minor fluctuation in the percentage of farm returns over the past decade, ranging from roughly 0.42% to 0.49%. This slight variation suggests some consistency in the agricultural sector's contribution to local tax filings. Such data is essential for prospective investors or residents considering the agricultural viability and financial landscape of the county. Farm tax returns, in this context, represent the financial filings related to agricultural income and expenses, offering insights into the economic pulse of the farming community within Bibb County. This information could be particularly relevant for those eyeing investment opportunities or seeking a rural lifestyle intertwined with farming activities.
Number of Mortgages by Occupancy Type in Bibb County, GA Over the Last 5 Years in Bibb County
Over the last five years in Bibb County, Georgia, the number of mortgages for principal residences has consistently overshadowed those for investment and second properties, with counts peaking notably in 2021. This surge can provide valuable insights for investors evaluating potential rental market growth or homeowners gauging market stability. Shifts in occupancy type also influence property appraisals and insurance premiums, as insurance risks and property values can differ greatly between principal residences and investment properties. Real estate agents and developers might find these trends indicative of consumer confidence and shifting housing demands, pivotal for strategic planning.
Economic Outlook
Bibb County, Georgia, has shown a notable upward trend in average taxable income per tax return over the past nine years, climbing from $46,417.81 in 2013 to $65,137.97 in 2021. Average state and local income taxes per tax return have also increased significantly, starting at $5,221.72 in 2012 and peaking at $9,549.22 in 2021. Simultaneously, the average total tax liability per tax return has risen, reaching $12,294.43 in 2021. While the percentage of people living below the poverty line... Read more
Average Taxable Income per Tax Return in Bibb County, GA over the last 9 years
Bibb County, Georgia, has shown a notable upward trend in average taxable income per tax return over the past nine years. Starting from $46,417.81 in 2013, it climbed steadily, hitting significant growth spurts, particularly between 2017 and 2021, culminating at $65,137.97. This trend may suggest economic development and increasing prosperity, making Bibb County potentially appealing for investors, new residents, and property developers.
Average State and Local Income Taxes Per Tax Return in Bibb County, GA Over the Last 10 Years
Average state and local income taxes per tax return in Bibb County, Georgia have seen a noticeable upward trend over the past decade. Starting at $5,221.72 in 2012, there's a clear escalation with significant jumps particularly after 2016, peaking at $9,549.22 in 2021. This increase reflects higher income levels or changes in the local tax structure, making it crucial for potential investors and new residents to consider the growing tax obligations.
Average Total Tax Liability Per Tax Return in Bibb County, GA Over the Last 10 Years
Over the past decade, Bibb County, Georgia has seen a significant increase in average total tax liability per tax return, starting at $8,380.79 in 2012 and peaking at $12,294.43 in 2021. Though there were dips and fluctuations, particularly between 2017 and 2020, the overall trend indicates rising tax burdens, likely reflecting increased incomes and possibly property values. This upward trend could signal growing economic opportunities or changes in tax policy, making it a key consideration for potential investors, homebuyers, and existing residents.
Cost of Living in Bibb County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,231 | $1,452 | $1,656 | $1,313 | $1,145 |
| 1 adult 4 children | $1,231 | $1,186 | $1,264 | $1,313 | $1,211 |
| 2 adults 3 children | $1,231 | $1,186 | $1,438 | $1,313 | $920 |
| 1 adult 3 children | $1,231 | $968 | $1,046 | $1,313 | $989 |
| 2 adults 2 children | $988 | $971 | $1,220 | $1,148 | $817 |
| 1 adult 2 children | $988 | $725 | $828 | $1,148 | $760 |
| 2 adults 1 child | $988 | $767 | $1,002 | $614 | $766 |
| 1 adult 1 child | $988 | $496 | $610 | $614 | $655 |
| 2 adults | $854 | $616 | $784 | $0 | $653 |
| 1 adult | $733 | $336 | $392 | $0 | $547 |
Safety trends & Data
In Bibb County, Georgia, property crime rates have shown variability over the past five years, with notable peaks in larceny-theft at 458 arrests in 2018, followed by a significant decline by 2022. Burglary rates spiked in 2020, while vandalism arrests peaked in 2019 but decreased afterward. Arson incidents saw notable spikes in 2020 and 2022, though generally they remained low. Motor vehicle theft and fraud, however, have gradually increased, potentially signaling emerging areas of concern for... Read more
Property Crime Trends in Bibb County, GA Over the Last 5 Years
Bibb County, Georgia has seen fluctuating numbers in property crime trends over the last five years. Larceny-theft remains the most common, peaking at 458 arrests in 2018 and decreasing significantly by 2022. Burglary rates have varied, with a notable increase in 2020 but stabilizing in subsequent years. Vandalism arrests rose sharply in 2019 before experiencing some declines. Arson incidents stayed relatively low except for spikes in 2020 and 2022. Motor vehicle theft and fraud have shown gradual increases, indicating areas of emerging concern. These trends may guide decisions for real estate investments, insurance policies, and law enforcement focus.
Demographics
Bibb County, Georgia shows a balanced mix in its adult population, with females making up a slightly larger portion compared to males. Education levels suggest that the majority of adults have at least a high school diploma, though a significant number attain only some college education without completing a degree. Age-wise, the population skews towards middle-aged adults in the 25 to 64 years range, which could suggest a stable working-age populace. Racial demographics reveal a notably larger... Read more
Race Distribution in Bibb County, Georgia (2022)
Educational Attainment in Bibb County, Georgia (2022)
Age Distribution in Bibb County, Georgia
Citizen Population in Bibb County, Georgia (2022)
Political Trends & Data
Bibb County, Georgia may lean Democratic based on the 2020 Presidential Election results, with about 61.00% of votes for the Democratic candidate versus roughly 38.00% for the Republican. The Libertarian party garnered just over 1.00%, while no significant votes went to the Green Party or other candidates. This trend highlights a dominant two-party system with Democrats potentially having an edge in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Bibb County, Georgia possibly leans Democratic based on the 2020 U.S. Presidential Election data, showing about 61% of votes for the Democratic candidate compared to approximately 38% for the Republican. The Libertarian party barely registered with just over 1%, and there were no notable votes for the Green Party or other candidates. This trend offers a snapshot into the political landscape, suggesting a dominant two-party system with Democrats having a potential edge in this county.
37.55% of voters voted for the Republican party in the 2020 Presidential Election
61.39% of voters voted for the Democrat party in the 2020 Presidential Election
1.06% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Bibb County, Georgia, the student-to-teacher ratio has generally mirrored national averages over the past decade, fluctuating between a high of approximately 16 and a low of 14. In 2020, the ratio briefly dipped to its lowest point of 13 students per teacher, suggesting a possible improvement in educational resources. This trend is worth noting for those looking to move to, invest in, or build property in the area, as it may indicate a more appealing living environment. Lower... Read more
Student-to-teacher ratio in Bibb County, Georgia over the last 10 years
In Bibb County, Georgia, the student-to-teacher ratio has generally mirrored national averages over the past decade, fluctuating between a high of approximately sixteen and a low of fourteen. The lowest ratio recorded was 13 students per teacher in 2020, briefly falling below the national average of 14 students per teacher. For those looking to move to, invest in, or build property in the area, such ratios may indicate a positive trend in educational resources, potentially contributing to an appealing living environment. Real estate agents and appraisers might find this data relevant as a lower student-to-teacher ratio often correlates with a perception of better school quality, which can be a significant factor for prospective buyers with families. Insurance agents might also be interested as improved educational aspects could influence overall community demographics and risk assessments.
