Clay County Real Estate and Livability Trends
Clay County, Georgia's real estate market reveals intriguing dynamics, with median home values peaking at $81,200 in 2022, much lower than Georgia's $245,900 median. The rise in homeownership is evident with mortgages for principal residences doubling from 58 in 2018 to 114 in 2022. Meanwhile, fluctuating real estate taxes, peaking at $2,716.67 in 2018 and stabilizing around $2,275.00 more... Read more
Clay County Market Trends
Clay County, Georgia's median home values have experienced fluctuations, peaking at $81,200 in 2022, much lower than Georgia's state median of $245,900. Real estate taxes in the county have shown variability with a notable peak in 2018 at $2,716.67, stabilizing around $2,275.00 in recent years. Farm tax return percentages have hovered around 5%, indicating a relatively stable agricultural... Read more
Median Value of Occupied Housing Units in Clay County, Georgia Over the Last 8 Years
Clay County, Georgia's median home values have shown fluctuations over the last eight years, peaking at $81,200 in 2022. This is in stark contrast to Georgia's state median, which climbed consistently from $148,100 in 2015 to $245,900 in 2022. At the national level, home values rose from $125,500 in 2015 to $179,400 in 2022. For investors or potential homeowners in Clay County, this could indicate a more volatile market offering potential opportunities for lower entry costs but possibly less stable long-term value growth compared to broader state and national trends.
Average Real Estate Taxes Per Tax Return in Clay County, GA Over the Last 10 Years
Over the last decade, average real estate taxes per tax return in Clay County, Georgia have demonstrated variability with a notable peak in 2018 at $2716.67. There was a general dip in values between 2014 and 2016, hitting a relative low in 2016 at $1940.00, before an upward trend that seemed to stabilize around $2275.00 in 2020 and 2021. This fluctuation in tax levels could impact investment decisions and cost-of-living considerations, providing a nuanced financial landscape for property investors, potential residents, and developers.
Percentage of Farm Returns in Clay County, GA Over the Last 10 Years
Over the last 10 years, the percentage of farm tax returns in Clay County, Georgia, has generally hovered around 5%, with fluctuations ranging between approximately 5% in 2012 to a low of about 3.44% in 2020. Understanding these percentages is crucial for potential investors and residents considering agricultural investments, as farm tax returns can indicate the stability and growth of the farming sector in the region. These returns often reflect the financial health of local farms, impact property values, and provide insight into economic trends that may affect future development and investment opportunities in the area.
Number of Mortgages by Occupancy Type in Clay County, GA Over the Last 5 Years in Clay County
Over the past five years in Clay County, Georgia, there's been a noticeable upward trend in mortgages for principal residences, rising from 58 in 2018 to 114 in 2022. Investment properties and second residences have seen modest fluctuations, with investment property mortgages hitting a low of 5 in 2019 but generally staying around 13-15. Changes in occupancy type are crucial for investors and real estate professionals as they provide insights into the county’s housing market dynamics and potential profitability. For those looking to move, a higher number of principal residence mortgages could indicate growing community stability and rising homeownership rates, which might affect local market conditions and property values. These shifts also offer important data for appraisers and insurance agents to adjust their valuations and premiums accordingly, considering the demand and risks associated with different types of properties.
Economic Outlook
Clay County, Georgia, has seen a consistent rise in average taxable income per tax return, jumping from $27,724.79 in 2013 to $42,791.27 in 2021. This upward trend hints at a growing economic base that could entice investors and developers. State and local income taxes in the area have been more volatile, peaking at $5,800.00 in 2021, reflecting a changing economic landscape that presents both challenges and opportunities. Correspondingly, the total tax liability per tax return has shown an... Read more
Average Taxable Income per Tax Return in Clay County, GA over the last 9 years
Clay County, Georgia has shown a steady increase in average taxable income per tax return over the past nine years, with a notable rise from $27,724.79 in 2013 to $42,791.27 in 2021. This upward trend could signal a growing economic base in the region, providing potentially promising opportunities for investors, new residents, and developers. While the rate of increase has varied year-to-year, the general trajectory suggests a strengthening financial environment that may appeal to those considering business ventures or property investments.
Average State and Local Income Taxes Per Tax Return in Clay County, GA Over the Last 10 Years
Over the last decade, Clay County, Georgia has seen notable fluctuations in average state and local income taxes per tax return. After a dip in the mid-2010s, taxes per return surged, peaking dramatically in 2018 at $4,733.33 and reaching $5,800.00 in 2021. This volatility presents both challenges and opportunities for potential investors, property builders, and residents, suggesting a dynamically changing economic landscape in the region.
Average Total Tax Liability Per Tax Return in Clay County, GA Over the Last 10 Years
The average total tax liability per tax return in Clay County, Georgia has demonstrated notable fluctuations over the past decade, showing a general upward trend. Noteworthy spikes occurred in 2015 and 2019, with values reaching $4,491.04 and $5,706.25, respectively. Despite some dips, such as in 2014 at $3,757.97, the most recent data from 2021 indicates a high of $5,587.78. This trend suggests increasing economic activity and possibly rising incomes, making Clay County an intriguing prospect for investors and potential residents seeking growth opportunities.
Cost of Living in Clay County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,097 | $1,371 | $1,606 | $1,048 | $1,028 |
| 1 adult 4 children | $1,097 | $1,120 | $1,227 | $1,048 | $1,089 |
| 2 adults 3 children | $1,097 | $1,120 | $1,394 | $1,048 | $829 |
| 1 adult 3 children | $1,097 | $915 | $1,015 | $1,048 | $862 |
| 2 adults 2 children | $772 | $917 | $1,183 | $908 | $702 |
| 1 adult 2 children | $772 | $685 | $803 | $908 | $621 |
| 2 adults 1 child | $772 | $725 | $971 | $454 | $674 |
| 1 adult 1 child | $772 | $468 | $591 | $454 | $565 |
| 2 adults | $606 | $582 | $759 | $0 | $589 |
| 1 adult | $602 | $318 | $379 | $0 | $519 |
Safety trends & Data
Clay County, Georgia has seen relatively low property crime rates over the past five years, with minor spikes in vandalism in 2018 and 2020. Incidents of larceny-theft and fraud have remained consistent and minimal, contributing to the sense of community stability. While there have been occasional forgery, counterfeiting, and stolen property cases, they aren't significant issues. This consistent low property crime rate may attract potential homeowners and investors looking for a secure... Read more
Property Crime Trends in Clay County, GA Over the Last 5 Years
Clay County, Georgia has experienced relatively low incidents of property crime over the past five years. The data suggests a minor spike in vandalism cases in 2018 and 2020, with three arrests each year, but in recent years, these numbers have dropped. Larceny-theft and fraud have remained constant but minimal, each seeing some consistency yearly. For investors, real estate agents, and those considering moving to the area, the low and steady rates of property crime could be seen as a positive indicator of community stability. Additionally, the slight presence of forgery, counterfeiting, and stolen property incidents might be worth noting but do not appear as prevalent issues.
Demographics
In Clay County, Georgia, the population appears to be almost evenly split between males and females, hinting at balanced gender representation. Educational attainment reveals that while a significant portion of adults has completed high school, a smaller but notable segment has pursued higher education degrees. Age distribution indicates a fairly diverse spread with a slight concentration in older age groups, possibly suggesting an aging population. Racial demographics show a predominance of... Read more
Race Distribution in Clay County, Georgia (2022)
Educational Attainment in Clay County, Georgia (2022)
Age Distribution in Clay County, Georgia
Citizen Population in Clay County, Georgia (2022)
Political Trends & Data
In Clay County, Georgia, the 2020 U.S. Presidential Election indicated that Democrats might have led with around 55% of the votes, while Republicans potentially garnered about 44%. Libertarians had little impact, securing less than 1% of the total vote. The lack of support for the Green party and other candidates highlights a political scene largely shared between the two major... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Clay County, Georgia, the 2020 U.S. Presidential Election saw Democrats possibly securing a significant lead with about 55% of the votes compared to Republicans' approximately 44%. Libertarians had a minimal presence, roughly capturing less than 1% of the vote. The absence of votes for the Green party and other candidates also suggests a political landscape primarily dominated by the two major parties.
44.42% of voters voted for the Republican party in the 2020 Presidential Election
55.09% of voters voted for the Democrat party in the 2020 Presidential Election
0.49% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Clay County, Georgia, the sustained student-to-teacher ratio ranging between 8.3 and 10.89 over the past decade is notably below the national average of fourteen. This trend could hint at smaller class sizes and more personalized student attention, possibly appealing to families and investors seeking quality education environments. Real estate agents might leverage this to attract buyers prioritizing education, while builders could view this as an opportunity to develop family-friendly... Read more
Student-to-teacher ratio in Clay County, Georgia over the last 10 years
Over the past decade, Clay County, Georgia has maintained a student-to-teacher ratio consistently below the national average of fourteen students per teacher. This lower ratio, often fluctuating between 8.3 and 10.89, suggests smaller class sizes, which could imply more individualized attention for students and potentially higher educational outcomes. Real estate investors and families might find this attractive as it can be an indicator of a quality education system. For insurance agents and appraisers, this trend might contribute to assessing community desirability and home values. Real estate agents can leverage this data to appeal to prospective buyers prioritizing education, while builders might see this as a cue to develop family-friendly neighborhoods.
