Harris County Real Estate and Livability Trends
Harris County, Georgia has seen average taxable income per tax return rise from $64,017.64 in 2013 to $92,167.74 in 2021, suggesting stronger economic conditions and potentially higher earning potential. Median home values have surged from $201,100 in 2015 to $273,200 in 2022, outpacing national and state averages. Over the past decade, the student-to-teacher ratio has improved, dropping from... Read more
Harris County Market Trends
Harris County, Georgia has seen a substantial increase in median home values over the past eight years, surging from $201,100 in 2015 to $273,200 in 2022, outpacing both national and state averages. Residential energy tax credits have also risen dramatically, peaking at $1,961.11 in 2018 before stabilizing around $1,661.36 by 2021, suggesting growing investment in energy-efficient home... Read more
Median Value of Occupied Housing Units in Harris County, Georgia Over the Last 8 Years
Harris County, Georgia has experienced an intriguing trajectory in median home values over the past eight years, showing a robust increase from $201,100 in 2015 to $273,200 in 2022. Compared to the national median, which saw a rise from $125,500 to $179,400 over the same period, Harris County's real estate is considerably more expensive and growing at a faster pace. When stacked against the state of Georgia, where the median values climbed from $148,100 to $245,900, Harris County’s housing market shows similar strong growth but starts from and continues to maintain a higher baseline. This suggests that property in Harris County might be an attractive option for investors and homebuyers looking for long-term appreciation in an area that seems to outperform both the state and national trends in median home value growth.
Residential Energy Tax Credit Per Tax Return in Harris County, GA Over the Last 9 Years
Over the last nine years in Harris County, Georgia, residential energy tax credits per tax return have seen a significant upward trajectory. Starting modestly at around $417.07 in 2013, these credits peaked dramatically to $1,961.11 in 2018. Although there was a dip in 2019 to $1,253.13, the average credits remained relatively high, closing at $1,661.36 in 2021. This trend highlights an increasing investment in energy-efficient home improvements, making the county an attractive area for eco-conscious homebuyers and investors looking to capitalize on green incentives.
Average Real Estate Taxes Per Tax Return in Harris County, GA Over the Last 10 Years
Over the past decade, Harris County, Georgia has seen a notable increase in average real estate taxes per tax return. Values rose from around $2,608.67 in 2012 to approximately $3,891.05 by 2021. The trend showcases a nearly consistent upward trajectory, with a significant jump beginning in 2017 and continuing through the end of the period. This escalation might indicate rising property values or adjustments in tax rates, crucial information for potential investors, new residents, or anyone with a financial stake in the area's real estate market.
Percentage of Farm Returns in Harris County, GA Over the Last 10 Years
The percentage of farm returns in Harris County, Georgia over the last ten years has shown slight fluctuations, remaining generally stable around 1.44% to 1.72%. This data might suggest a steady agricultural presence in the county, potentially signaling a traditional farming community with moderate consistency in farm-related tax filings. For those looking to invest in or move to Harris County, this stability could imply an enduring agricultural economy, offering insights into rural property investments or agribusiness opportunities in the area.
Number of Mortgages by Occupancy Type in Harris County, GA Over the Last 5 Years in Harris County
Harris County, Georgia, has shown significant fluctuations in mortgage activity over the last five years, particularly in the principal residence category. Investment properties and second residences have remained relatively stable but low in number compared to principal residences, peaking in 2021 with 3706 mortgages for principal residences before dropping sharply in 2022 to 2204. This trend suggests that while the market for primary homes is more volatile and sensitive to broader economic conditions, investment and second homes remain more niche markets. Such shifts can impact property values, insurance premiums, and investment strategies, making this county a compelling study for real estate agents, investors, and anyone looking to understand the dynamics of residential property in Georgia. Changes in occupancy type can signify broader economic or lifestyle shifts, influencing everything from local infrastructure to community planning.
Economic Outlook
Harris County, Georgia has experienced a marked increase in average taxable income per tax return over the past nine years, climbing from $64,017.64 in 2013 to $92,167.74 in 2021. This upward trend might signal stronger economic conditions and higher earning potential, possibly attracting investors and new residents. Notably, state and local income taxes per tax return have also risen significantly, from approximately $5,430.02 in 2012 to $9,395.58 in 2021, reflecting higher fiscal demands on... Read more
Average Taxable Income per Tax Return in Harris County, GA over the last 9 years
Over the past nine years, Harris County, Georgia has seen a steady increase in average taxable income per tax return, jumping from $64,017.64 in 2013 to $92,167.74 in 2021. This growth could indicate improved economic conditions and higher earning potential for residents, making the county potentially attractive for investors, new residents, and property developers. The notable increase between 2020 and 2021, from $76,406.79 to $92,167.74, might suggest recent economic opportunities or changes in the local economy worth exploring further.
Average State and Local Income Taxes Per Tax Return in Harris County, GA Over the Last 10 Years
Over the past decade, Harris County, Georgia has seen a notable increase in state and local income taxes per tax return, rising from roughly $5,430.02 in 2012 to $9,395.58 in 2021. The most significant jumps occurred between 2016 and 2019, with taxes rising sharply from $6,318.21 to $8,628.97. This trend indicates higher fiscal demands on residents, which could impact decisions related to investments, property development, and relocation in the area. Those interested in the county should consider the financial implications of these escalating tax rates on both their short-term and long-term plans.
Average Total Tax Liability Per Tax Return in Harris County, GA Over the Last 10 Years
Over the past decade, Harris County, Georgia has seen a fluctuating yet upward trend in average total tax liability per tax return, reaching a notable high of $15,262.41 in 2021. This data points to increasing income levels or potentially changing tax policies, which could impact the cost of living and investment potential in the area. Investors and prospective homeowners should consider these trends as they could signify economic growth and rising property values.
Cost of Living in Harris County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,183 | $1,484 | $1,844 | $1,313 | $1,359 |
| 1 adult 4 children | $1,183 | $1,212 | $1,409 | $1,313 | $1,473 |
| 2 adults 3 children | $1,183 | $1,212 | $1,600 | $1,313 | $1,129 |
| 1 adult 3 children | $1,183 | $990 | $1,166 | $1,313 | $1,222 |
| 2 adults 2 children | $876 | $992 | $1,356 | $1,148 | $944 |
| 1 adult 2 children | $876 | $741 | $922 | $1,148 | $886 |
| 2 adults 1 child | $876 | $784 | $1,113 | $614 | $857 |
| 1 adult 1 child | $876 | $507 | $678 | $614 | $730 |
| 2 adults | $759 | $630 | $869 | $0 | $733 |
| 1 adult | $704 | $344 | $435 | $0 | $622 |
Safety trends & Data
Harris County, Georgia has seen some interesting property crime trends over the past five years. In 2022, larceny-theft cases notably spiked to 41.00 incidents, whereas previous years reported just a handful. Burglary rates have remained steady, fluctuating between 3.00 and 4.00 incidents annually. Motor vehicle theft and fraud have shown sporadic occurrences without a clear trend. These fluctuations could be important for investors and real estate professionals assessing risk and opportunity... Read more
Property Crime Trends in Harris County, GA Over the Last 5 Years
Harris County, Georgia has experienced some fluctuations in property crime over the past five years. Notably, there was a significant spike in larceny-theft cases in 2022, with 41.00 incidents compared to just a handful in prior years. Burglary incidents have remained relatively consistent, hovering around 3.00 to 4.00 annually. Other crimes such as motor vehicle theft and fraud have also shown sporadic occurrences but with no clear upward or downward trend. This fluctuation in property crimes may be of interest to potential investors, real estate agents, and insurance agents evaluating risk and potential in the region.
Demographics
Harris County, Georgia shows a fairly balanced adult gender distribution with slightly more males than females. Educational attainment is diverse; most residents have completed high school, yet there's a significant number reaching higher education levels, with 4,385 holding bachelor's degrees and 3,575 having graduate or professional degrees. The age distribution indicates a moderately aging population, with notable cohorts in the 55-64 and 65-74 age ranges. Racial demographics suggest a... Read more
Race Distribution in Harris County, Georgia (2022)
Educational Attainment in Harris County, Georgia (2022)
Age Distribution in Harris County, Georgia
Citizen Population in Harris County, Georgia (2022)
Political Trends & Data
Harris County, Georgia, exhibited a notable Republican lean in the 2020 U.S. Presidential Election, with approximately 72.00% of the votes likely backing the GOP. Democratic candidates secured around 27.00% of the vote, and Libertarians garnered roughly 1.00%, indicating a strong two-party preference. This Republican inclination could subtly influence various factors, potentially including local policy decisions and community investment... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Harris County in Georgia exhibited strong Republican support in the 2020 U.S. Presidential Election, with close to 72% of the votes likely going to the GOP. Democratic candidates garnered about 27% of the votes, while Libertarians accounted for roughly 1%. The absence of votes for the Green Party or other parties seems to suggest a predominantly two-party focus in this area. This data highlights a significant Republican lean in voter preferences within this county.
71.63% of voters voted for the Republican party in the 2020 Presidential Election
27.30% of voters voted for the Democrat party in the 2020 Presidential Election
1.08% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Harris County, Georgia, the student-to-teacher ratio has trended slightly above the national average over the past decade, dropping from 16.73 in 2015 to 14.98 in 2022. This suggests a potential improvement in educational resources or class size policies. For investors and homebuyers, these shifts could indicate a slowly enhancing classroom environment, which may positively influence property values and community appeal. Appraisers and insurance agents might consider these educational... Read more
Student-to-teacher ratio in Harris County, Georgia over the last 10 years
Over the past decade, the student-to-teacher ratio in Harris County, Georgia, has generally ranged between approximately 16 and 15 students per teacher, which is slightly above the national average of 14 students per teacher. Notably, there was a modest decline from 16.73 in 2015 to 14.98 in 2022, hinting at potential improvements in educational resources or adjustments in class size policies. For those keen on investing in property or evaluating the quality of education in this area, such trends might suggest a slowly improving classroom environment, which can be a factor in property values and community interest. Moreover, appraisers and insurance agents might want to consider educational metrics as part of a holistic view of neighborhood appeals.
