Elbert County Real Estate and Livability Trends
Elbert County, Georgia has seen a marked increase in median home values, rising from $82,400 in 2015 to $104,500 in 2022, creating attractive opportunities for buyers and investors. Significant rises in average taxable income and state and local income taxes per tax return hint at a strengthening local economy and potentially rising property values. Meanwhile, the steady percentage of farm tax... Read more
Elbert County Market Trends
Elbert County, Georgia has seen a significant climb in median home values, from $82,400 in 2015 to $104,500 in 2022, creating enticing opportunities for buyers and investors. The Residential Energy Tax Credit per tax return increased sharply from $328.57 in 2013 to $1,230.00 in 2021, hinting at growing incentives for energy-efficient home improvements. Real estate taxes rose from $1,761.15 in... Read more
Median Value of Occupied Housing Units in Elbert County, Georgia Over the Last 8 Years
Over the last 8 years, Elbert County, Georgia has seen a significant climb in median home values, jumping from $82,400 in 2015 to $104,500 in 2022. This trend stands out when compared to the state and national levels. Median home values statewide in Georgia soared from $148,100 to $245,900, marking a dramatic increase. Meanwhile, national median home values also experienced growth, rising from $125,500 to $179,400. The relatively lower median value in Elbert County could signal enticing opportunities for buyers and investors seeking less expensive options within Georgia.
Residential Energy Tax Credit Per Tax Return in Elbert County, GA Over the Last 9 Years
Elbert County, Georgia has seen a significant upward trend in Residential Energy Tax Credit per tax return over the past nine years. Starting at $328.57 in 2013, the average credit rose steadily, reaching $1,230.00 in 2021. This sharp increase, especially notable from 2018 onwards, suggests growing incentives and investments in energy-efficient home improvements and renewable energy systems, making the area increasingly attractive for property developers and environmentally conscious residents.
Average Real Estate Taxes Per Tax Return in Elbert County, GA Over the Last 10 Years
Elbert County, Georgia has seen a notable upward trend in average real estate taxes per tax return over the past decade. Starting at approximately $1,761.15 in 2012, the taxes have gradually increased, peaking at around $3,015.79 in 2018, and maintaining higher levels around $2,850.00 by 2021. This consistent rise suggests an increase in property values or tax rates, which could be crucial for potential investors or individuals considering buying property in the area. It may also imply better-funded local services and infrastructure, potentially making it a more attractive place to move or invest in.
Percentage of Farm Returns in Elbert County, GA Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Elbert County, Georgia has shown slight fluctuations, generally sitting around 4.0% to 4.6%. Despite a minor decline since 2018, the stability in these figures could suggest a consistent level of agricultural activity relative to other income sources in the area. For potential investors, property developers, or residents, this trend might indicate a relatively stable agricultural sector that could offer investment opportunities, or provide insight into the economic landscape when considering agricultural ventures or rural lifestyle decisions.
Number of Mortgages by Occupancy Type in Elbert County, GA Over the Last 5 Years in Elbert County
There's a noticeable uptick in the number of mortgages for principal residences in Elbert County, Georgia over the past five years, suggesting a growing interest in the area for permanent living. In contrast, mortgage counts for investment properties and second residences remain relatively stable, with minor fluctuations. For investors, this trend might indicate a solid market for rental properties given the interest in primary residences. For appraisers and real estate agents, the shift toward more primary residence mortgages could signal a strengthening residential market, impacting property values and sales strategies. Builders might find opportunities in constructing more permanent housing rather than vacation homes, while insurance agents could see more business in standard homeowner's policies.
Economic Outlook
Over the past nine years, Elbert County, Georgia has experienced a notable rise in average taxable income per tax return, increasing from $37,362.83 in 2013 to $49,546.81 in 2021. During this period, average state and local income taxes per tax return also climbed significantly, from $3,785.16 in 2012 to $7,589.19 in 2021. Additionally, the average total tax liability per tax return grew from $5,014.60 to $6,606.61 between 2012 and 2021. These trends hint at a strengthening local economy and... Read more
Average Taxable Income per Tax Return in Elbert County, GA over the last 9 years
Over the past nine years, Elbert County, Georgia has seen a steady increase in average taxable income per tax return, rising from around $37,362.83 in 2013 to approximately $49,546.81 in 2021. This upward trend suggests a growing local economy, which could make this area more appealing for potential investors and homebuyers. The significant increases, particularly in the last few years, might indicate improved economic conditions or successful local initiatives boosting residents' earnings.
Average State and Local Income Taxes Per Tax Return in Elbert County, GA Over the Last 10 Years
Elbert County, Georgia has seen a steady increase in average state and local income taxes per tax return over the past decade, rising from $3,785.16 in 2012 to $7,589.19 in 2021. This growth trend indicates a robust local economy, with potential implications for property values and investment opportunities. For potential residents and investors, it's important to consider how such tax trends reflect on public services, community development, and overall quality of life in the county.
Average Total Tax Liability Per Tax Return in Elbert County, GA Over the Last 10 Years
Over the last decade, Elbert County, Georgia has seen a steady increase in average total tax liability per tax return, rising from $5,014.60 in 2012 to $6,606.61 in 2021. Notable jumps occurred between 2016 and 2017, and again from 2019 to 2020, indicating economic shifts likely influenced by broader national trends or local development. This trend suggests a gradually increasing income base or property values that could be appealing to potential investors and new residents seeking opportunities in a growing community.
Cost of Living in Elbert County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $973 | $1,287 | $1,956 | $1,048 | $1,040 |
| 1 adult 4 children | $973 | $1,051 | $1,497 | $1,048 | $1,079 |
| 2 adults 3 children | $973 | $1,051 | $1,696 | $1,048 | $834 |
| 1 adult 3 children | $973 | $858 | $1,237 | $1,048 | $846 |
| 2 adults 2 children | $787 | $861 | $1,437 | $908 | $754 |
| 1 adult 2 children | $787 | $643 | $978 | $908 | $668 |
| 2 adults 1 child | $787 | $680 | $1,177 | $454 | $719 |
| 1 adult 1 child | $787 | $439 | $718 | $454 | $599 |
| 2 adults | $598 | $546 | $918 | $0 | $620 |
| 1 adult | $594 | $298 | $459 | $0 | $542 |
Safety trends & Data
Property crime in Elbert County, Georgia, reveals interesting fluctuations. Larceny-theft peaked at 46 incidents in 2020 but dropped to 22 in 2021, rising again to 31 in 2022. Burglary peaked at 11 incidents in 2022, and vandalism saw a high of 24 in 2021 before falling to 10 in 2022. Forgery and counterfeiting spiked at 19 incidents in 2021 but reduced to 5 in 2022. Such trends might indicate shifts in preventive measures, economic conditions, or enforcement focus, providing valuable insights... Read more
Property Crime Trends in Elbert County, GA Over the Last 5 Years
Property crime in Elbert County, Georgia, reveals interesting fluctuations. Larceny-theft consistently tops the list, showing a peak of 46 incidents in 2020 but dropping significantly to 22 in 2021 and then rising again to 31 in 2022. Burglary shows a mixed trend, peaking at 11 incidents in 2022, while vandalism oscillated with a peak of 24 in 2021 before dropping to 10 in 2022. Forgery and counterfeiting had a sharp increase in 2021 with 19 incidents but reduced to 5 in 2022. Such trends might indicate shifts in preventive measures, economic conditions, or enforcement focus—insightful for investors, real estate agents, and local authorities aiming to address property crime effectively.
Demographics
Elbert County, Georgia, shows a nearly balanced adult gender distribution with a modest female majority. The educational attainment suggests a pronounced tilt towards high school graduates, indicating potential opportunities for community development around higher education access. The population skews older, with notable percentages aged 45 and above, hinting at an aging demographic that may require increased healthcare and senior services. Racially, the county is predominantly White, with a... Read more
Race Distribution in Elbert County, Georgia (2022)
Educational Attainment in Elbert County, Georgia (2022)
Age Distribution in Elbert County, Georgia
Citizen Population in Elbert County, Georgia (2022)
Political Trends & Data
Elbert County, Georgia showed a notable Republican preference in the 2020 U.S. Presidential Election, capturing around 68 percent of the vote. Democrats garnered about 31 percent, with Libertarians receiving a minimal share at just above 0.7 percent. This lean towards Republicans could suggest a stable political climate, but future elections might introduce shifts in voter... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Elbert County, Georgia, the 2020 U.S. Presidential Election reflected a strong lean towards the Republican party, with close to 68 percent of the vote. The Democratic party trailed significantly, securing around 31 percent. Libertarians received a very minor share, barely above 0.7 percent, while the Green party and other minor parties made no measurable impact. This voting pattern might indicate a region with a substantial Republican base, though shifts in future elections could still emerge.
67.89% of voters voted for the Republican party in the 2020 Presidential Election
31.39% of voters voted for the Democrat party in the 2020 Presidential Election
0.72% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Elbert County, Georgia has seen its student-to-teacher ratio fluctuate over the last decade, reaching 16 students per teacher in 2017 before settling at 14 recently. Given that this aligns with the national average, it could affect educational quality, potentially making properties in the area more appealing to families. Investors and real estate professionals might use these metrics to gauge the community’s desirability, while appraisers and insurance agents could consider them when... Read more
Student-to-teacher ratio in Elbert County, Georgia over the last 10 years
Elbert County, Georgia has experienced shifts in its student-to-teacher ratio over the past decade, peaking at 16 students per teacher in 2017 before dropping to 14 in recent years. This variation may impact decisions related to education quality, as classroom sizes exceeding the current national average of 14 could strain resources and individual student attention. Investors, relocators, and real estate professionals might find value in these trends, as education metrics often influence property values and community desirability. Appraisers and insurance agents might also consider these figures when assessing risks and values tied to family-focused properties.
