Greene County Real Estate and Livability Trends
Greene County, Georgia, has seen substantial economic growth, evidenced by average taxable income per tax return jumping from around $71,151 in 2013 to nearly $161,831 in 2021. Concurrently, property values have surged, with the median home value rising sharply from $169,300 in 2015 to $308,000 in 2022, outpacing broader trends. Escalating real estate taxes reflect these higher property values,... Read more
Greene County Market Trends
Greene County, Georgia's real estate market has experienced marked volatility, with the median home value rising sharply from $169,300 in 2015 to $308,000 in 2022, outpacing state and national trends. Real estate taxes have followed suit, increasing from $5,062.88 in 2012 to $7,396.53 by 2021, reflecting higher property values. Residential energy tax credits have surged recently, peaking at... Read more
Median Value of Occupied Housing Units in Greene County, Georgia Over the Last 8 Years
Over the past eight years, the median home value in Greene County, Georgia has seen significant fluctuations, peaking at $308,000 in 2022. This represents a substantial increase from $169,300 in 2015. Compared to the statewide median, Greene County's growth trajectory has been more volatile and steep. While the median home value in Georgia rose from $148,100 in 2015 to $245,900 in 2022, Greene County outpaced both the state and the national trends. For potential investors and property developers, Greene County's rapid appreciation might signal an accelerated local demand or other market dynamics at play.
Residential Energy Tax Credit Per Tax Return in Greene County, GA Over the Last 9 Years
Greene County, Georgia has seen significant fluctuations in average residential energy tax credits per tax return over the last nine years. After a noticeable decline from $340.00 in 2013 to $263.64 in 2016, the credits surged in 2018 to $900.00 and peaked at $1,109.09 in 2021. This strong upward trend in recent years could indicate growing adoption of energy-efficient technologies or programs, making it a potentially attractive area for sustainable investments, renewable energy projects, or eco-conscious property development.
Average Real Estate Taxes Per Tax Return in Greene County, GA Over the Last 10 Years
Over the past decade, Greene County, Georgia has experienced a steady increase in average real estate taxes per tax return. Starting at around $5,062.88 in 2012, real estate taxes have gradually risen to approximately $7,396.53 by 2021. The uptick from 2018 onwards is particularly notable, surging from $6,637.76 to $7,396.53 within a few years. This trend might reflect increasing property values, possibly making it a point of interest for potential investors intrigued by the area's real estate market momentum.
Percentage of Farm Returns in Greene County, GA Over the Last 10 Years
In Greene County, Georgia, the percentage of farm tax returns has shown minimal fluctuation over the past decade, ranging from approximately 2.20% to 3.01%. This generally consistent trend could suggest a stable farming economy within the county. For potential investors or those looking to build property, this steadiness in farm tax returns may indicate a resilient agricultural sector with limited volatility. In the context of property development, the relatively small but steady percentage of farm tax returns might imply less competition from farm-related tax incentives, potentially keeping property taxes relatively predictable. For current residents, the data may highlight a community with a strong and enduring commitment to farming, contributing to the local economy.
Number of Mortgages by Occupancy Type in Greene County, GA Over the Last 5 Years in Greene County
The mortgage data for Greene County, Georgia over the last five years show that principal residences consistently dominate the market, with peaks in 2020 and 2021. Investment properties and second residences, while fewer, have remained relatively stable. For investors, this trend suggests steady demand for rental properties could be viable. Potential homebuyers might find that fluctuating demand for principal residences could impact pricing and availability. Appraisers and insurers can discern from these patterns the relative risk and valuation changes tied to occupancy type, while developers and real estate agents can tailor their strategies to match prevailing market demands and anticipate shifts.
Economic Outlook
Greene County, Georgia, has experienced significant economic growth over the past decade, as evidenced by the rise in average taxable income per tax return from about $71,151 in 2013 to nearly $161,831 in 2021. Alongside this, average state and local income taxes have jumped from $8,647.24 in 2012 to $20,809.02 by 2021, reflecting a greater financial burden but also higher incomes. Additionally, the average total tax liability per tax return has soared from $16,698.72 in 2012 to $38,206.19 in... Read more
Average Taxable Income per Tax Return in Greene County, GA over the last 9 years
Greene County, Georgia, has seen a substantial increase in the average taxable income per tax return over the past nine years, rising from approximately $71,151 in 2013 to nearly $161,831 in 2021. This trend indicates a robust economic growth in the area, which may attract both investors and potential residents. The continuous upward trajectory suggests that the region could be experiencing increased property values and potentially higher living standards, making it an appealing option for those looking to move or invest.
Average State and Local Income Taxes Per Tax Return in Greene County, GA Over the Last 10 Years
Over the past decade, Greene County, Georgia has seen a notable rise in average state and local income taxes per tax return, starting at $8,647.24 in 2012 and climbing significantly to $20,809.02 by 2021. This increasing trend, peaking sharply after 2016, signals a growing financial burden on residents but also reflects potential economic growth and increased incomes within the county. Such trends are critical for investors and prospective residents to consider as they indicate a changing fiscal landscape and possible increases in future taxation.
Average Total Tax Liability Per Tax Return in Greene County, GA Over the Last 10 Years
In Greene County, Georgia, there has been a notable upward trend in the average total tax liability per tax return over the last decade. This increase, from $16,698.72 in 2012 to $38,206.19 in 2021, suggests a significant rise in either income levels or tax rates, or possibly both. This trend is crucial for potential investors, developers, and residents as it indicates economic growth and a potentially higher cost of living, impacting financial planning and investment decisions.
Cost of Living in Greene County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,027 | $1,255 | $1,956 | $1,048 | $1,064 |
| 1 adult 4 children | $1,027 | $1,025 | $1,497 | $1,048 | $1,139 |
| 2 adults 3 children | $1,027 | $1,025 | $1,696 | $1,048 | $873 |
| 1 adult 3 children | $1,027 | $837 | $1,237 | $1,048 | $874 |
| 2 adults 2 children | $819 | $839 | $1,437 | $908 | $764 |
| 1 adult 2 children | $819 | $627 | $978 | $908 | $680 |
| 2 adults 1 child | $819 | $663 | $1,177 | $454 | $728 |
| 1 adult 1 child | $819 | $428 | $718 | $454 | $605 |
| 2 adults | $643 | $533 | $918 | $0 | $630 |
| 1 adult | $639 | $291 | $459 | $0 | $545 |
Safety trends & Data
Greene County, Georgia has seen varied property crime trends over the past five years. Larceny-theft peaked with 27 incidents in 2018 but dropped to 15 in 2022, while burglary spiked in 2021 before falling significantly in 2022. Vandalism surged particularly in 2021 and 2020, in contrast to the overall decline in motor vehicle theft and fraud. These patterns could suggest shifts in law enforcement focus or community safety initiatives, providing critical insights for property investors, real... Read more
Property Crime Trends in Greene County, GA Over the Last 5 Years
Greene County, Georgia has seen notable fluctuations in property crime over the past five years. Larceny-theft consistently leads the crime categories but shows a peak in 2018 with 27 incidents and a reduction to 15 in 2022. Burglary cases rose notably in 2021 but significantly dropped in 2022. Instances of vandalism have surged, particularly in 2021 and 2020, contrasting a general decline in motor vehicle theft and fraud cases over the years. This varying crime landscape might hint at shifting law enforcement focus or community safety initiatives affecting certain crimes more than others. Understanding these patterns can be crucial for property investors, real estate agents, and residents looking to gauge safety trends in Greene County.
Demographics
Greene County, Georgia, exhibits a balanced gender demographic with a slightly higher female population. The educational attainment data suggests that a significant portion of the adult population are high school graduates or have attended some college, although a notable number have also achieved bachelor's and graduate degrees. Age distribution highlights a mature community, with a considerable percentage over 55 years old, indicating potential rising needs for senior services. Racially, the... Read more
Race Distribution in Greene County, Georgia (2022)
Educational Attainment in Greene County, Georgia (2022)
Age Distribution in Greene County, Georgia
Citizen Population in Greene County, Georgia (2022)
Political Trends & Data
Greene County, Georgia demonstrated a pronounced Republican preference in the 2020 Presidential Election, capturing approximately 63% of the vote. Democrats secured around 36%, and the Libertarian party saw just over 0.8%. This predominantly conservative voting pattern may offer insights into the local demographics and potential market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Greene County, Georgia saw a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with around 63% of the vote. Democrats trailed with roughly 36%, while the Libertarian party garnered just over 0.8%. The presence of other parties was negligible. These voting trends could suggest a strong conservative presence in the county.
62.84% of voters voted for the Republican party in the 2020 Presidential Election
36.35% of voters voted for the Democrat party in the 2020 Presidential Election
0.81% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Greene County, Georgia has recently seen a notable decrease in its student-to-teacher ratio, dropping to about eleven students per teacher in 2022 and 2023, well below the national average. This trend towards smaller class sizes could attract families seeking more individualized attention for their children, potentially driving up real estate values. Investors, appraisers, and real estate agents should consider this data when making decisions in this education-conscious... Read more
Student-to-teacher ratio in Greene County, Georgia over the last 10 years
Greene County, Georgia has experienced fluctuations in its student-to-teacher ratio over the past decade, with notable dips below the national average of fourteen students per teacher. Recent years, particularly 2022 and 2023, show a decrease to approximately eleven students per teacher, indicating a trend towards smaller class sizes. This shift could appeal to families prioritizing more individualized attention for their children and might influence real estate values positively. For investors, appraisers, and real estate agents, understanding these nuances can be crucial for making informed decisions in the educationally-conscious market of Greene County.
