Grady County Real Estate and Livability Trends
Grady County, Georgia's real estate market is showing interesting dynamics, with median home values rising from $115,100 in 2015 to $147,000 in 2022, possibly indicating an emerging market that's catching investors' eyes. Real estate taxes, peaking at $3,386.67 in 2020, suggest either growing property values or increased tax rates, both crucial for investment strategies. Mortgages for principal... Read more
Grady County Market Trends
Grady County, Georgia's median home values have risen from $115,100 in 2015 to $147,000 in 2022, potentially signaling an emerging market. Real estate taxes have also increased notably, peaking at $3,386.67 in 2020. This suggests either growing property values or rising tax rates, impacting investor considerations. Residential energy tax credits have fluctuated, notably peaking at $1,066.67 in... Read more
Median Value of Occupied Housing Units in Grady County, Georgia Over the Last 8 Years
Median home values in Grady County, Georgia, have seen a noticeable increase over the past eight years, rising from $115,100 in 2015 to $147,000 in 2022. While these values are considerably lower than both the state and national medians, which peaked at $245,900 and $179,400 respectively in 2022, the growth rate in Grady County may imply an emerging market. This could present potential opportunities for investors, particularly those looking to capitalize on early trends before prices further converge with state and national averages.
Residential Energy Tax Credit Per Tax Return in Grady County, GA Over the Last 9 Years
Grady County, Georgia has seen significant fluctuations in residential energy tax credits over the past nine years. Starting at $396.00 in 2013, the average credit has varied substantially, reaching a peak of $1,066.67 in 2018 before settling at $800.00 in 2021. These shifts suggest evolving incentives and investment opportunities in energy-efficient home improvements, making Grady County an intriguing option for environmentally conscious residents and investors in green technologies.
Average Real Estate Taxes Per Tax Return in Grady County, GA Over the Last 10 Years
Average real estate taxes per tax return in Grady County, Georgia have shown a notable upward trend over the past decade. Starting from $1,907.10 in 2012, there has been a gradual increase peaking at $3,386.67 in 2020, before slightly decreasing to $3,202.56 in 2021. This rise suggests growing property values or increased tax rates, impacting both potential investors and current residents. Anyone looking to invest or build in the area should consider this steady climb in property taxes as a significant factor in their financial planning.
Percentage of Farm Returns in Grady County, GA Over the Last 10 Years
Farm tax returns in Grady County, Georgia have shown minor fluctuations over the past decade, generally hovering around 4%. This indicates a relatively stable agrarian economy. For potential investors or current residents, this data could imply consistency in agriculture-related income, which is a positive indicator for long-term investments in farmlands. Moreover, the steadiness in farm returns might also suggest resilience in the local agricultural practices and economics, providing a degree of financial predictability.
Number of Mortgages by Occupancy Type in Grady County, GA Over the Last 5 Years in Grady County
Grady County, Georgia has seen notable fluctuations in the number of mortgages across different occupancy types over the last five years. Mortgages for principal residences have shown a general upward trend, peaking in 2021 with 953 mortgages. Investment property mortgages have stayed relatively steady, with a slight decline in 2020. Second residence mortgages have remained low but stable. These shifts in occupancy types could influence market dynamics significantly. For potential investors and builders, the rising trend in principal residences might indicate growing demand for family homes, potentially increasing property values and development opportunities. Appraisers and insurance agents can leverage these trends to better assess risks and property valuations. Real estate agents might find interest from potential buyers planning to move to the area, given the increasing principal residence purchases.
Economic Outlook
Grady County, Georgia has experienced a substantial rise in average taxable income per tax return from $37,770.02 in 2013 to $51,871.34 in 2021, signaling a potentially strengthening local economy. During the same period, average state and local income taxes have nearly doubled, with a noticeable increase after 2017, reaching $8,270.00 by 2021. Additionally, the average total tax liability per tax return has climbed from $5,266.45 in 2012 to $7,193.92 in 2021. These trends indicate increasing... Read more
Average Taxable Income per Tax Return in Grady County, GA over the last 9 years
Over the past nine years, the average taxable income per tax return in Grady County, Georgia has shown a generally upward trend, moving from $37,770.02 in 2013 to $51,871.34 in 2021. This steady increase suggests a possible strengthening local economy, which could be appealing for potential investors, property developers, or those considering relocation. The noticeable jumps in 2015, 2018, and 2021 might hint at economic events or shifts impacting the area. Those with vested interests in Grady County might find this financial progression encouraging, indicating potential for future growth and stability.
Average State and Local Income Taxes Per Tax Return in Grady County, GA Over the Last 10 Years
Over the past decade, Grady County, Georgia has seen a significant increase in average state and local income taxes per tax return, starting from around $4,174.30 in 2012 and climbing to $8,270.00 by 2021. This trend indicates a sharp rise in tax burdens, peaking particularly after 2017. The jump from $6,360.87 in 2020 to $8,270.00 in 2021 reflects the most substantial single-year increase, suggesting notable economic or policy changes affecting taxpayers. Investors and potential residents should consider these escalating taxes when making financial decisions in the region.
Average Total Tax Liability Per Tax Return in Grady County, GA Over the Last 10 Years
Over the past decade, Grady County, Georgia has seen a consistent rise in average total tax liability per tax return, spiking from $5,266.45 in 2012 to $7,193.92 in 2021. This upward trajectory, particularly the notable increases in 2015 and 2020-2021, suggests economic growth and possibly higher public spending or services in the region. For potential investors, builders, and residents, this financial trend indicates a developing area with expanding fiscal responsibilities, which can be significant for property valuation and community investment.
Cost of Living in Grady County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,082 | $1,263 | $1,440 | $1,048 | $906 |
| 1 adult 4 children | $1,082 | $1,031 | $1,099 | $1,048 | $967 |
| 2 adults 3 children | $1,082 | $1,032 | $1,251 | $1,048 | $746 |
| 1 adult 3 children | $1,082 | $842 | $909 | $1,048 | $775 |
| 2 adults 2 children | $803 | $844 | $1,062 | $908 | $653 |
| 1 adult 2 children | $803 | $631 | $720 | $908 | $588 |
| 2 adults 1 child | $803 | $667 | $872 | $454 | $642 |
| 1 adult 1 child | $803 | $431 | $531 | $454 | $556 |
| 2 adults | $610 | $536 | $683 | $0 | $564 |
| 1 adult | $606 | $292 | $342 | $0 | $520 |
Safety trends & Data
Property crime trends in Grady County, Georgia, show notable fluctuations over the last five years. Larceny-theft, the most common property crime, peaked at 84 incidents in 2018, dropping sharply to 9 in 2020. Burglary also spiked at 21 incidents in 2021 but fell to 6 in 2022. Meanwhile, motor vehicle theft numbers remained relatively stable, typically ranging between 3 and 7 cases per year. A significant rise in vandalism in 2020, with 13 incidents, plummeted to just 2 by 2022. These trends... Read more
Property Crime Trends in Grady County, GA Over the Last 5 Years
Property crime trends in Grady County, Georgia reveal some interesting shifts over the past five years. Larceny-theft, although fluctuating, remains the most frequent property crime, peaking at 84 in 2018 and dipping to a low of 9 in 2020. Burglary incidences spiked in 2021 at 21 but saw a drop to just 6 in 2022. Motor vehicle theft has stayed relatively steady, generally hovering around 3 to 7 incidents annually. Vandalism showed a notable increase in 2020 with 13 cases, but fell drastically to just 2 by 2022. The data suggests potential investors, real estate agents, and insurance professionals should pay particular attention to larceny-theft trends and the overall volatility in burglary and vandalism rates.
Demographics
Grady County, Georgia, shows a nearly balanced gender split with a slight female majority. The educational attainment is varied, with a notable portion of the population having completed high school, but fewer individuals attaining higher education degrees. Age distribution skews towards a middle-aged population, with a significant representation in the 25 to 64-year age range, suggesting a solid working-age demographic. The racial composition is predominantly White, followed by a considerable... Read more
Race Distribution in Grady County, Georgia (2022)
Educational Attainment in Grady County, Georgia (2022)
Age Distribution in Grady County, Georgia
Citizen Population in Grady County, Georgia (2022)
Political Trends & Data
Grady County, Georgia's real estate market might be influenced by its predominantly conservative voter base, with Republicans garnering about 66% of the vote in the 2020 U.S. Presidential Election, while Democrats secured around 34% and Libertarians near 0.5%. This political landscape could affect buyer preferences, community development initiatives, and investment opportunities, potentially making the region more appealing to those with similar... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Grady County, Georgia's 2020 U.S. Presidential Election results probably reflect a strong Republican majority with around 66% of the vote. Democrats captured roughly 34%, while Libertarians accounted for just about 0.5%. This distribution hints at a predominantly conservative voter base in the county.
65.70% of voters voted for the Republican party in the 2020 Presidential Election
33.80% of voters voted for the Democrat party in the 2020 Presidential Election
0.50% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Grady County, Georgia has seen a drop in its student-to-teacher ratio from around 16 students per teacher in 2014 to about 13 in 2023, suggesting smaller class sizes and more personalized attention for students. This trend could enhance the county's appeal to families and indicate strengthening community allure, potentially raising property values and demand. For investors and real estate professionals, the lower ratios might reflect a community that prioritizes education and offers long-term... Read more
Student-to-teacher ratio in Grady County, Georgia over the last 10 years
Over the past decade, Grady County, Georgia has seen a steady decline in its student-to-teacher ratio, dropping from around 16 students per teacher in 2014 to roughly 13 in 2023. This decrease may suggest smaller class sizes and potentially more individualized attention for students, which can be an attractive feature for families considering a move to the area. For investors and real estate agents, this trend might indicate a strengthening community appeal, making properties here more desirable. Appraisers and insurance agents might infer higher property values and greater demand, reflecting a community that values education and could have long-term stability. Though still slightly above the national average of 14 students per teacher for most of this period, Grady County’s recent ratios now fall below this benchmark, potentially signaling enhanced educational quality.
