Clarke County Real Estate and Livability Trends
Clarke County, Georgia's real estate market has been marked by significant changes over recent years. Average home values surged from $150,300.00 in 2015 to $242,600.00 in 2022, outpacing both state and national growth. This upward trend might indicate a booming market with increased property valuations. Additionally, a rise in residential energy tax credits during 2018 highlights a commitment to... Read more
Clarke County Market Trends
Clarke County, Georgia, has seen a remarkable surge in median home values, jumping from $150,300.00 in 2015 to $242,600.00 in 2022, outpacing both state and national growth. Residential energy tax credits in the area peaked at $1460 in 2018, showing a strong commitment to energy-efficient home improvements, which could appeal to eco-conscious buyers. Real estate taxes per tax return have steadily... Read more
Median Value of Occupied Housing Units in Clarke County, Georgia Over the Last 8 Years
Clarke County, Georgia, has experienced a remarkable increase in median home values, rising from $150,300.00 in 2015 to $242,600.00 in 2022. This growth trend outpaces both the state and national averages for the same period, with Georgia's median home value starting at $148,100.00 in 2015 and reaching $245,900.00 in 2022, while the U.S. saw a climb from $125,500.00 to $179,400.00. This significant uptick could make Clarke County a compelling choice for investors and potential homeowners looking for strong appreciation potential, especially when weighed against broader market trends.
Residential Energy Tax Credit Per Tax Return in Clarke County, GA Over the Last 9 Years
Clarke County, Georgia has seen a notable increase in residential energy tax credits over the past nine years, reflecting a growing investment in energy-efficient home improvements. The average tax credit per return peaked impressively at $1460 in 2018, demonstrating residents' strong commitment to energy savings and sustainability. This trend suggests a favorable environment for eco-conscious investments and could appeal to those looking to move to or invest in a community with progressive energy policies and incentives.
Average Real Estate Taxes Per Tax Return in Clarke County, GA Over the Last 10 Years
Clarke County, Georgia has seen a gradual but steady increase in real estate taxes per tax return over the past decade, highlighting significant growth in the local property market. Notably, from 2017 to 2018, the average tax surged from $3,301.14 to $4,416.23, suggesting an uptick in property valuations. By 2021, taxes reached approximately $5,263.11, reflecting a trend that may indicate rising property investments and possibly a booming real estate market. This trend could be crucial for potential investors, current homeowners, and those considering relocating to understand the evolving financial commitments in the area.
Percentage of Farm Returns in Clarke County, GA Over the Last 10 Years
In Clarke County, Georgia, the percentage of farm tax returns has remained relatively steady over the last decade, ranging from approximately 0.41% in 2012 to about 0.37% in 2021. These figures provide valuable insights for potential investors, property developers, or residents interested in the agricultural stability of the region. Farm tax returns reflect the financial reporting of farm operations, which can indicate the health of the agricultural sector and suggest trends in rural land use. These percentages, although modest, hint at a stable farming community, which is crucial for understanding the local economy and assessing long-term investment opportunities.
Number of Mortgages by Occupancy Type in Clarke County, GA Over the Last 5 Years in Clarke County
Principal residences dominate the mortgage landscape in Clarke County, Georgia, while investment properties and second residences show significantly lower counts. Fluctuations in mortgage types can influence market dynamics; a high proportion of principal residence loans might indicate a community favored for permanent residents, driving demands for amenities and long-term investments. Meanwhile, trends in investment property mortgages can signal shifts in rental markets or speculative investment opportunities. For appraisers, these patterns aid in understanding property value trends, and for builders and real estate agents, they highlight potential areas of high demand or emerging market shifts. Insurance agents may also see these trends as indicative of risk profiles and insurance needs for different property types.
Economic Outlook
Clarke County, Georgia has experienced a notable upward trend in average taxable income per tax return, reaching $72,128.79 in 2021, a significant jump from $46,163.16 in 2013, indicating potential economic growth and increased earning opportunities. Concurrently, average state and local income taxes per tax return have risen sharply, particularly post-2017, peaking at $12,413.61 in 2021. This signals higher financial contributions from residents, suggesting economic expansion. Total tax... Read more
Average Taxable Income per Tax Return in Clarke County, GA over the last 9 years
Over the past nine years, Clarke County, Georgia has seen a steady increase in average taxable income per tax return, with a notable spike in 2021 reaching $72,128.79. Prior to this jump, the growth was more gradual, moving from $46,163.16 in 2013 to around $58,025.32 in 2019. These trends may suggest economic improvement or increased earning potential, making the county potentially more attractive for investors or those considering relocation. This upward trend could influence property values and economic stability, further garnering interest in this region.
Average State and Local Income Taxes Per Tax Return in Clarke County, GA Over the Last 10 Years
Over the last decade, Clarke County, Georgia has seen a steady rise in average state and local income taxes per tax return, with a noticeable spike post-2017. In 2012, the amount was $5,011.78, growing to a significant $12,413.61 in 2021. This upward trend highlights increased financial contributions from residents, suggesting economic growth and potentially higher incomes in the area. For anyone eyeing investment opportunities or considering relocation, these figures suggest robust fiscal health and a community that is likely experiencing economic expansion.
Average Total Tax Liability Per Tax Return in Clarke County, GA Over the Last 10 Years
Clarke County, Georgia has seen a noticeable increase in the average total tax liability per tax return over the past decade, jumping from $7,958.40 in 2012 to a significant $12,875.88 in 2021. This rise indicates growing incomes and possibly a shifting economic landscape, which can impact potential investors and residents by suggesting stronger local economic health and higher earning potential. Notably, the substantial increase in 2021 points to post-pandemic economic recovery, making it an attractive time for real estate investments and new business ventures.
Cost of Living in Clarke County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,330 | $1,584 | $1,977 | $1,313 | $1,358 |
| 1 adult 4 children | $1,330 | $1,294 | $1,512 | $1,313 | $1,439 |
| 2 adults 3 children | $1,330 | $1,294 | $1,715 | $1,313 | $1,116 |
| 1 adult 3 children | $1,330 | $1,057 | $1,250 | $1,313 | $1,181 |
| 2 adults 2 children | $992 | $1,060 | $1,453 | $1,148 | $916 |
| 1 adult 2 children | $992 | $791 | $988 | $1,148 | $833 |
| 2 adults 1 child | $992 | $837 | $1,191 | $614 | $831 |
| 1 adult 1 child | $992 | $541 | $727 | $614 | $689 |
| 2 adults | $874 | $673 | $930 | $0 | $705 |
| 1 adult | $822 | $367 | $465 | $0 | $591 |
Safety trends & Data
Property crime in Clarke County, Georgia, has generally declined over the past five years, making it noteworthy for potential homeowner and investor considerations. Larceny-theft incidents decreased significantly from 411.00 in 2018 to 206.00 in 2022. Burglary cases also dropped from 35.00 in 2018 to 23.00 in 2022. However, there was a spike in forgery and counterfeiting in 2019 with 120.00 incidents, offering a nuanced view of the area’s crime landscape and its possible impact on property... Read more
Property Crime Trends in Clarke County, GA Over the Last 5 Years
Despite some fluctuations, property crimes in Clarke County, Georgia, have generally shown a downward trend in several categories over the past five years. For example, larceny-theft, the most prevalent property crime, significantly decreased from 411.0 incidents in 2018 to 206.0 in 2022. Burglary incidents also saw a downward trend, with a notable drop from 35.0 cases in 2018 to 23.0 in 2022. Although some categories like motor vehicle theft and vandalism remain relatively stable, it's insightful to see the notable spike in forgery and counterfeiting in 2019, reaching up to 120.0 incidents. These trends can inform investors, real estate agents, and residents about shifts in crime rates that could impact property values and insurance premiums.
Demographics
With males comprising a slightly smaller proportion of the adult population compared to females, Clarke County, Georgia, seems to have a fairly balanced gender distribution. The population's educational attainment shows a significant portion have a Bachelor's or higher degree, suggesting a well-educated community. The age distribution hints at a younger demographic, particularly with a concentration in the 20 to 34 year range, which could indicate a vibrant workforce or student body presence.... Read more
Race Distribution in Clarke County, Georgia (2022)
Educational Attainment in Clarke County, Georgia (2022)
Age Distribution in Clarke County, Georgia
Citizen Population in Clarke County, Georgia (2022)
Political Trends & Data
Clarke County, Georgia, exhibited a notable Democratic inclination in the 2020 U.S. Presidential Election, capturing around 70.20% of the votes. This could point to a robust liberal presence or successful local campaigns. Meanwhile, Republicans received approximately 28.10% and the Libertarian party saw about... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clarke County, Georgia showed a significant lean towards the Democratic party in the 2020 U.S. Presidential Election, with approximately 70.2% of the votes. Republicans garnered about 28.1%, while the Libertarian party captured roughly 1.6%. The concentration of Democratic votes suggests a strong liberal presence or possibly effective local campaigning.
28.14% of voters voted for the Republican party in the 2020 Presidential Election
70.22% of voters voted for the Democrat party in the 2020 Presidential Election
1.63% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Clarke County, Georgia, has hovered around or below the national average of 14 students per teacher over the last decade. Currently, at approximately 14 students per teacher as of 2023, this trend might point to consistent funding, evolving instructional strategies, or demographic changes. Real estate agents might find this data helpful in marketing to families who value smaller class sizes. This stability in educational metrics could also serve as a signal for... Read more
Student-to-teacher ratio in Clarke County, Georgia over the last 10 years
The student-to-teacher ratio in Clarke County, Georgia, has shown some variability over the last decade, generally staying around or below the national average of 14 students per teacher. As of 2023, the ratio stands at approximately 14 students per teacher, aligning closely with the national benchmark after a peak in 2020. These fluctuations might suggest changes in funding, instructional practices, or demographic shifts, which could render the area attractive for families prioritizing smaller class sizes. For real estate agents, this trend may influence the marketability of properties, while appraisers and insurance agents might consider it an indicator of community investment in education. Investors or those looking to build in the area could see this as an indicator of stable or improving educational infrastructure.
