Peach County Real Estate and Livability Trends
Peach County, Georgia's average taxable incomes have climbed from $42,659.27 in 2013 to $53,312.16 by 2021, hinting at a solid local economy yet rising state and local income taxes reaching $5,998.97 in 2021 suggest a growing tax burden that might affect new investments. Median home values rose from $124,600 in 2015 to $170,500 in 2022, offering accessible price points despite trailing state and... Read more
Peach County Market Trends
Peach County, Georgia's median home values have risen from $124,600 in 2015 to $170,500 in 2022, trailing state and national growth rates but still offering accessible price points that might appeal to homebuyers and investors. There’s been a significant uptick in the residential energy tax credit from $443.90 in 2013 to $2,271.43 in 2021, indicating favorable conditions for energy-efficient... Read more
Median Value of Occupied Housing Units in Peach County, Georgia Over the Last 8 Years
Over the last 8 years, Peach County, Georgia has seen its median home values climb from $124,600 in 2015 to $170,500 in 2022. While these gains are impressive, they still trail behind the state of Georgia, where median home values surged from $148,100 to $245,900 during the same period. Nationally, median values rose from $125,500 to $179,400. This positioning may make Peach County an attractive option for potential homebuyers and investors looking for growth opportunities at more accessible price points than state and national averages.
Residential Energy Tax Credit Per Tax Return in Peach County, GA Over the Last 9 Years
In Peach County, Georgia, the residential energy tax credit per tax return has shown a significant upward trend over the past nine years. Starting at $443.90 in 2013, the average credit per return surged to $2,271.43 by 2021. Notable spikes occurred in 2017 and 2018, with values jumping to $868.75 and $1,742.86, respectively. This rising trend reflects increased incentives for energy-efficient investments, signaling a favorable environment for potential investors and residents interested in sustainable living and energy cost savings.
Average Real Estate Taxes Per Tax Return in Peach County, GA Over the Last 10 Years
Over the past decade, Peach County, Georgia has seen a noticeable upward trend in average real estate taxes per tax return, climbing from approximately $2,332.48 in 2012 to around $3,027.27 in 2021. This gradual increase suggests a potentially strengthening real estate market, which might point to rising property values in the area. Prospective investors or residents could interpret this trend as an indicator of growing demand and development, yet they should also be mindful of the increasing tax burden that accompanies it.
Percentage of Farm Returns in Peach County, GA Over the Last 10 Years
Over the past decade, farm tax returns in Peach County, Georgia have shown slight fluctuations with modest peaks around 2015 at approximately 1.93% and gradual declines reaching around 1.35% in 2020. These variations reflect shifting agricultural productivity and economic stability in the region. For investors, developers, or residents, these trends could indicate evolving opportunities in local agriculture, potentially impacting land use and property values.
Number of Mortgages by Occupancy Type in Peach County, GA Over the Last 5 Years in Peach County
In Peach County, Georgia, the number of mortgages for principal residences has consistently dominated the market over the past five years, peaking at 1,578 in 2021 before dipping to 1,234 in 2022. Investment properties saw a gradual increase, reaching 94 in 2022, while second residences maintained a minimal but steady presence. These trends suggest that the majority of property transactions cater to primary homeowners, which could drive stable community growth and provide a reliable market for service providers, real estate agents, and investors looking for long-term rental revenue. For appraisers and insurance agents, understanding this predominant occupancy type facilitates better risk assessment and valuation accuracy. Builders might find more opportunities in developing single-family homes, aligning with the consistent demand.
Economic Outlook
Peach County, Georgia has seen average taxable incomes climb from $42,659.27 in 2013 to $53,312.16 by 2021, hinting at a solid local economy that could lure in investors and homebuyers. However, state and local income taxes have steadily risen, reaching $5,998.97 in 2021, suggesting a growing tax burden that might affect new investments. Average total tax liability peaked at $7,864.41 in 2017 before leveling out, underscoring the importance of grasping local economic swings for anyone involved... Read more
Average Taxable Income per Tax Return in Peach County, GA over the last 9 years
Peach County, Georgia has experienced a steady increase in average taxable income per tax return over the past nine years, with figures rising from around $42,659.27 in 2013 to approximately $53,312.16 in 2021. This growth in income suggests a potentially stronger local economy and could make the county an attractive option for investors or individuals looking to move to the area. Property developers might see this as a promising indicator of economic stability and consumer purchasing power.
Average State and Local Income Taxes Per Tax Return in Peach County, GA Over the Last 10 Years
Taxes in Peach County, Georgia have shown a steady increase over the past decade, climbing from an average of $3,661.04 per tax return in 2012 to $5,998.97 in 2021. This upward trend, particularly the sharp rise around 2018, suggests a growing tax burden which could impact both current residents and potential investors. Understanding these trends is crucial for anyone planning to move to, invest in, or develop property in Peach County, as higher state and local income taxes can influence the overall cost of living and potential returns on investment.
Average Total Tax Liability Per Tax Return in Peach County, GA Over the Last 10 Years
Over the past decade, Peach County, Georgia has witnessed a considerable rise in the average total tax liability per tax return, peaking at $7,864.41 in 2017 before a slight dip and subsequent recovery. This upward trend in tax liability reflects the evolving economic landscape and potential increases in income levels, making it a critical factor for investors and prospective residents evaluating the area's financial climate. The fluctuation also highlights the importance of understanding local economic conditions for those involved in property development and real estate markets.
Cost of Living in Peach County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,121 | $1,910 | $1,656 | $1,313 | $1,399 |
| 1 adult 4 children | $1,121 | $1,560 | $1,264 | $1,313 | $1,488 |
| 2 adults 3 children | $1,121 | $1,561 | $1,438 | $1,313 | $1,138 |
| 1 adult 3 children | $1,121 | $1,274 | $1,046 | $1,313 | $1,183 |
| 2 adults 2 children | $882 | $1,277 | $1,220 | $1,148 | $941 |
| 1 adult 2 children | $882 | $954 | $828 | $1,148 | $887 |
| 2 adults 1 child | $882 | $1,010 | $1,002 | $614 | $860 |
| 1 adult 1 child | $882 | $652 | $610 | $614 | $713 |
| 2 adults | $670 | $811 | $784 | $0 | $693 |
| 1 adult | $590 | $442 | $392 | $0 | $559 |
Safety trends & Data
Peach County, Georgia has seen notable fluctuations in property crime over the last five years. Burglary rates decreased significantly from 33 in 2018 to just 8 in 2022, potentially reflecting improved security or law enforcement efforts. Larceny-theft incidents, which peaked at 87 in 2018, dropped to between 31 and 37 cases yearly, suggesting a downward trend. Motor vehicle thefts remained stable, around 4 to 5 cases annually. Fraud cases saw a significant reduction from 21 in 2018 to only 4... Read more
Property Crime Trends in Peach County, GA Over the Last 5 Years
Peach County, Georgia has experienced significant fluctuations in property crime over the past five years, with notable reductions in some serious offenses. Burglary incidents steadily decreased from 33 in 2018 to just 8 in 2022, suggesting improved security measures or effective law enforcement. Larceny-theft incidents peaked at 87 in 2018 but then saw a marked drop, fluctuating between 31 and 37 cases in subsequent years, indicating a downward trend. Motor vehicle thefts remained relatively low and stable, consistently hovering around 4 to 5 cases annually. Fraud cases have also diminished over time, from 21 in 2018 to just 4 in 2022. These patterns could be compelling for potential investors, appraisers, and real estate professionals looking at the safety and security trends in the county.
Demographics
Peach County, Georgia showcases a balance in its adult population with slight female predominance. Educational attainment trends suggest a community leaning towards high school graduates and some college experience, hinting at a moderately educated populace. Age distribution reveals a significant presence of middle-aged and older residents, potentially influencing local policies and services for an aging demographic. The racial diversity primarily features White and Black or African American... Read more
Race Distribution in Peach County, Georgia (2022)
Educational Attainment in Peach County, Georgia (2022)
Age Distribution in Peach County, Georgia
Citizen Population in Peach County, Georgia (2022)
Political Trends & Data
The real estate market in Peach County, Georgia, could be influenced by its dynamic political landscape, where Republicans secured about 52% of the vote in the 2020 Presidential Election and Democrats garnered 47%. This tight race underscores a community that could attract a mix of residents with diverse political interests, potentially affecting local amenities, school investments, and community development projects. Such a balanced political scene may have implications for property values and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Peach County, Georgia, the 2020 U.S. Presidential Election results suggest a relatively tight race, with Republicans capturing roughly 52% of the vote and Democrats close behind at 47%. The Libertarian Party trailed significantly with just under 1% of the vote, and no notable support is visible for the Green Party or other candidates. This competitiveness hints at a potentially dynamic political landscape in the area.
51.83% of voters voted for the Republican party in the 2020 Presidential Election
47.19% of voters voted for the Democrat party in the 2020 Presidential Election
0.98% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Peach County, Georgia has seen its student-to-teacher ratio decrease from over seventeen in 2014 to about fourteen and a half in 2023, aligning closely with the national average. This could signal an increased commitment to educational quality, which might appeal to potential investors, residents, and real estate professionals. This trend could also sway families with school-aged children to consider moving to Peach County, making it worth noting for anyone involved in property... Read more
Student-to-teacher ratio in Peach County, Georgia over the last 10 years
Peach County, Georgia has seen a downward trend in the student-to-teacher ratio over the last decade, dropping from just over seventeen students per teacher in 2014 to roughly fourteen and a half in 2023. This shift could be significant for potential investors, residents, and real estate professionals as it suggests increased attention to education quality. Consequently, appraisers and insurance agents might view this as a sign of an area prioritizing improved educational resources. For families with school-aged children, a lower student-to-teacher ratio (now aligning closely with the national average of fourteen) could be a compelling factor when deciding where to move or invest in property.
