Butts County Real Estate and Livability Trends
Butts County, Georgia's real estate market is experiencing notable upward trends with median home values skyrocketing by 76%, from $113,900 in 2015 to $200,000 in 2022. This could reflect growing economic stability, improved financial climates, and rising property values making it attractive for investors. Also, local investment in energy-efficient upgrades has increased as residential energy tax... Read more
Butts County Market Trends
Butts County, Georgia has experienced a striking 76% surge in median home values from $113,900 in 2015 to $200,000 in 2022, outpacing both state and national averages. Residential energy tax credits have also more than doubled, pointing to a rising local investment in energy-efficient home improvements. Real estate taxes have climbed steadily, nearly doubling over the past decade, which could... Read more
Median Value of Occupied Housing Units in Butts County, Georgia Over the Last 8 Years
Butts County, Georgia, has experienced significant growth in median home values over the past eight years, rising from $113,900 in 2015 to $200,000 in 2022. This represents an increase of around 76%, outpacing both the national and state averages. In comparison, Georgia saw home values increase from $148,100 in 2015 to $245,900 in 2022, while the national median rose from $125,500 to $179,400 in the same period. This trend could indicate a growing demand and investment interest in Butts County, making it potentially appealing for those considering relocation or real estate investment.
Residential Energy Tax Credit Per Tax Return in Butts County, GA Over the Last 9 Years
Butts County, Georgia, has seen a noticeable increase in residential energy tax credits per tax return over the last nine years. Starting at $331.82 in 2013, the average credit more than doubled to $650.00 by 2018, with a few fluctuations along the way. This trend suggests a growing investment in energy-efficient home improvements and sustainable living, likely driven by rising property values and increasing awareness of environmental benefits. For potential investors, homeowners, and builders, this data signals a community committed to energy efficiency, which could enhance property desirability and long-term value.
Average Real Estate Taxes Per Tax Return in Butts County, GA Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Butts County, Georgia, have exhibited a gradual upward trend, increasing from $2,154.44 in 2012 to $3,535.90 in 2021. This consistent rise could signal an appreciating real estate market or expanded county services. For potential investors or those considering a move, understanding this tax trend might be crucial for budgeting and financial planning. Higher taxes often align with enhanced public services or infrastructure, which might make Butts County increasingly attractive for long-term investment or settling down.
Percentage of Farm Returns in Butts County, GA Over the Last 10 Years
Over the past decade, Butts County, Georgia has seen a modest decline in the percentage of farm tax returns. Starting at around 1.56% in 2012, this figure dropped slightly to about 1.12% by 2021. Farm tax returns indicate the proportion of tax filings accounted for by agricultural operations, shedding light on trends in the local farming economy. Investors and potential residents might view this as a signal of shifting economic dynamics, potentially influencing decisions on property development, land use, and agricultural investment in the county.
Number of Mortgages by Occupancy Type in Butts County, GA Over the Last 5 Years in Butts County
The trends in Butts County, Georgia, show a noticeable increase in the number of mortgages for principal residences, rising from 1,070 in 2018 to 1,911 in 2021, with slight variances in 2019 and 2020. Investment property mortgages remained relatively stable, hovering between 44 and 68 across the five-year span. Second residence mortgages also showed minor fluctuations, with a peak of 72 in 2021. These changes in occupancy types matter because burgeoning principal residence mortgages indicate growing housing demand, which could potentially raise property values and attract investors. Meanwhile, steadiness in investment property and second residence mortgages suggests a balanced investment interest, likely reflective of stable economic confidence among investors in Butts County. This data is crucial for appraisers, insurance agents, prospective homeowners, and real estate professionals to gauge market health and make informed decisions.
Economic Outlook
Butts County, Georgia has seen substantial growth in average taxable income, rising from about $42,155.75 in 2013 to roughly $62,270.94 in 2021, hinting at a stronger economic climate and improved financial stability for residents. This increase in income is mirrored by higher average state and local income taxes per tax return, which climbed from $3,713.28 in 2012 to $6,776.84 in 2021, possibly driven by income growth or tax policy changes. Additionally, the average total tax liability per tax... Read more
Average Taxable Income per Tax Return in Butts County, GA over the last 9 years
Butts County, Georgia has seen a notable increase in average taxable income per tax return, from around $42,155.75 in 2013 to approximately $62,270.94 in 2021. This upward trend could suggest an improving economic climate and potentially greater financial stability for its residents. It's indicative of a stronger earning potential which might be appealing for investors, property developers, and newcomers considering moving to or investing in the area.
Average State and Local Income Taxes Per Tax Return in Butts County, GA Over the Last 10 Years
Over the past decade, Butts County, Georgia has seen a steady increase in average state and local income taxes per tax return, rising from $3,713.28 in 2012 to $6,776.84 in 2021. This noticeable upward trend could be indicative of growing incomes or changes in tax policies, making it crucial for potential investors or new residents to factor in higher tax liabilities when planning their finances. For property developers, understanding these tax dynamics is essential to accurately project the costs involved and the potential market for high-value properties. Current residents should also be aware of this increase as it could impact household budgets.
Average Total Tax Liability Per Tax Return in Butts County, GA Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Butts County, Georgia has shown a significant upward trend, starting from $5,297.66 in 2012 and reaching $9,794.77 in 2021. This continuous increase, especially the sharp rise noted between 2017 and 2021, suggests a growing economic base and potentially increasing incomes in the area. For investors, developers, and residents, these figures indicate a robust financial environment, likely driven by economic growth and rising property values in Butts County.
Cost of Living in Butts County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,433 | $1,452 | $1,815 | $1,313 | $1,382 |
| 1 adult 4 children | $1,433 | $1,186 | $1,387 | $1,313 | $1,502 |
| 2 adults 3 children | $1,433 | $1,186 | $1,575 | $1,313 | $1,156 |
| 1 adult 3 children | $1,433 | $968 | $1,147 | $1,313 | $1,228 |
| 2 adults 2 children | $1,094 | $971 | $1,335 | $1,148 | $937 |
| 1 adult 2 children | $1,094 | $725 | $907 | $1,148 | $908 |
| 2 adults 1 child | $1,094 | $767 | $1,096 | $614 | $875 |
| 1 adult 1 child | $1,094 | $496 | $668 | $614 | $751 |
| 2 adults | $836 | $616 | $856 | $0 | $704 |
| 1 adult | $831 | $336 | $428 | $0 | $620 |
Safety trends & Data
Butts County, Georgia has seen significant shifts in property crime over the past five years, with larceny-theft decreasing from 61.00 incidents in 2018 to just 5.00 by 2022. Burglary has followed a variable pattern, peaking at 16.00 in 2019, dropping to 2.00 in 2020, and then rising to 5.00 by 2022. While motor vehicle theft and vandalism remain relatively stable, sporadic arson incidents persist. These fluctuations can impact property values, insurance premiums, and investment potential,... Read more
Property Crime Trends in Butts County, GA Over the Last 5 Years
Butts County, Georgia has experienced notable fluctuations in property crime over the past five years, with larceny-theft peaking at 61.00 incidents in 2018 and significantly decreasing to 5.00 by 2022. Burglary incidents have also shown variability, with a high of 16.00 in 2019, dipping to lows of 2.00 in 2020, and rising slightly to 5.00 by 2022. Motor vehicle theft and vandalism levels have hovered relatively steady, while arson incidents remain sparse but have not been eradicated entirely. These changing crime stats might influence property values, insurance premiums, and investment potential, offering critical insight for real estate professionals, investors, and residents.
Demographics
Butts County, Georgia presents an intriguing demographic landscape. The adult population skews slightly more male than female, with 10,887 males to 9,185 females. High school graduates dominate the educational attainment category, potentially influencing local employment sectors. Younger demographics tend to thin out as age increases, hinting at possible migration patterns or aging in place among older residents. Ethnically, the county is predominantly White, with African Americans comprising... Read more
Race Distribution in Butts County, Georgia (2022)
Educational Attainment in Butts County, Georgia (2022)
Age Distribution in Butts County, Georgia
Citizen Population in Butts County, Georgia (2022)
Political Trends & Data
Butts County, Georgia, voters leaned heavily towards the Republican party in the 2020 U.S. Presidential Election, with around 71% of the votes. Roughly 28% supported the Democratic party, leaving the Libertarian party with less than 1%. This conservative tendency could shape market behaviors and preferences, possibly affecting property investment trends and community development perspectives in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Butts County, Georgia, showed a strong inclination towards the Republican party in the 2020 U.S. Presidential Election, with roughly 71% of the votes. The Democratic party trailed with approximately 28%, while the Libertarian party captured a small fraction, under 1%. These figures might imply a predominantly conservative leaning among voters in this county.
71.41% of voters voted for the Republican party in the 2020 Presidential Election
27.81% of voters voted for the Democrat party in the 2020 Presidential Election
0.77% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Butts County, Georgia has seen its student-to-teacher ratio decrease from 16 students per teacher in 2014 to about 14 students per teacher, aligning more closely with the national average. This trend suggests an improvement in educational quality, which could make the area more appealing to families. For real estate investors and agents, this could indicate a potentially higher demand for properties, as better schools often drive community growth and increase property... Read more
Student-to-teacher ratio in Butts County, Georgia over the last 10 years
The student-to-teacher ratio in Butts County, Georgia has generally trended downward over the past decade, shifting from 16 students per teacher in 2014 to around 14 students per teacher in recent years. This is now more in line with the national average of 14 students per teacher. Such a decrease may imply improved individualized attention for students, potentially making local schools more attractive to families and individuals prioritizing education quality. For investors, real estate agents, and those in the property and insurance sectors, these ratios could signal a community valuing its educational infrastructure, which might enhance property values and community growth.
