Pike County Real Estate and Livability Trends
Pike County, Georgia's real estate market has seen a steady increase in home values from $155,200 in 2015 to $234,700 in 2022, suggesting a favorable trend for property owners and potential investors. The rising interest in sustainable housing is evident from the fluctuations in residential energy tax credits, peaking in 2018 and 2021, which presents opportunities for green-focused investors.... Read more
Pike County Market Trends
Pike County, Georgia's real estate market has seen steady home value appreciation, climbing from $155,200 in 2015 to $234,700 in 2022, closely tracking state trends and outpacing national growth. The fluctuations in residential energy tax credits, highlighted by peaks in 2018 at $1,666.67 and 2021 at $992.86, point to a rising interest in sustainable housing, presenting lucrative opportunities... Read more
Median Value of Occupied Housing Units in Pike County, Georgia Over the Last 8 Years
Over the past eight years, the median home value in Pike County, Georgia has seen a significant upward trend, growing from $155,200 in 2015 to $234,700 in 2022. When compared to the state of Georgia and the national median values, Pike County's growth trajectory aligns closely with the state but far exceeds the national median. This suggests Pike County is benefiting from the wider state-level real estate market dynamics while still offering a potentially high-return investment opportunity relative to national trends. Homebuyers and investors interested in this area might see Pike County as a promising locale given its robust growth rate in home values.
Residential Energy Tax Credit Per Tax Return in Pike County, GA Over the Last 9 Years
Over the past nine years, Pike County, Georgia has seen significant fluctuations in the average residential energy tax credit per tax return, with notable peaks in 2018 at $1,666.67 and 2021 at $992.86. These spikes reflect an increasing interest in energy-efficient upgrades among homeowners, suggesting attractive opportunities for investors and developers focusing on sustainable housing. The overall upward trend also indicates a growing awareness and adoption of green energy solutions, making Pike County an appealing location for those interested in eco-friendly living and investment.
Average Real Estate Taxes Per Tax Return in Pike County, GA Over the Last 10 Years
In Pike County, Georgia, real estate taxes per tax return have shown a noticeable upward trend over the last decade, with values rising from $2,347.66 in 2012 to $3,664.47 in 2021. This increase suggests a significant change in property tax burdens for residents, which could impact decisions for potential investors or those looking to move to the area. The sharpest rise appears to have occurred between 2017 and 2018, jumping from $2,650.00 to $3,394.51, indicating a potential shift in local tax policies or property valuations.
Percentage of Farm Returns in Pike County, GA Over the Last 10 Years
Over the past decade in Pike County, Georgia, the percentage of farm tax returns has seen a slight decline, starting at 3.33% in 2012 and tapering off to around 2.75% by 2021. Farm tax returns, in this context, represent the portion of tax filings from agricultural businesses and operations within the county. This trend could indicate a potential shift in the local economy, with fewer farms generating taxable income. For those interested in investing in agricultural ventures or considering property development in Pike County, understanding this gradual decrease might be relevant given its implications on the viability and economic health of farming in the region.
Number of Mortgages by Occupancy Type in Pike County, GA Over the Last 5 Years in Pike County
The trends in Pike County, Georgia over the past five years indicate a substantial increase in mortgages for principal residences, peaking in 2021 with 1,637 mortgages, compared to just 884 in 2018. In contrast, the numbers for investment properties and second residences remain relatively stagnant, with slight fluctuations. These changes in occupancy type could suggest a growing interest from primary homeowners, potentially driving up property values and impacting investment strategies. For real estate agents, appraisers, and insurance agents, understanding these dynamics is crucial for advising clients accurately. Investors might consider these trends to gauge market stability and decide on future investments, while those moving to the area could find a competitive housing environment.
Economic Outlook
Pike County, Georgia has shown a steady rise in average taxable income per tax return, climbing from around $50,505.42 in 2013 to approximately $72,627.49 in 2021, indicating growing economic strength. Similarly, state and local income taxes have increased markedly, with a significant uptick from $5,206.91 in 2017 to $6,895.56 in 2018. Additionally, the average total tax liability per tax return has jumped from $6,302.29 in 2012 to $10,350.75 in 2021. These trends suggest an appealing growth... Read more
Average Taxable Income per Tax Return in Pike County, GA over the last 9 years
Pike County, Georgia has exhibited a steady increase in average taxable income per tax return over the past nine years, rising from approximately $50,505.42 in 2013 to about $72,627.49 in 2021. This trend suggests a growing economic strength in the area, potentially making it an attractive region for investors, new residents, and property developers seeking areas with increasing income levels.
Average State and Local Income Taxes Per Tax Return in Pike County, GA Over the Last 10 Years
In Pike County, Georgia, the average state and local income taxes per tax return have seen a significant upward trajectory over the last decade, starting from $4,074.03 in 2012 to $7,451.16 in 2021. Notably, there's a dramatic spike from 2017 to 2018, where the average tax jumps significantly from $5,206.91 to $6,895.56. Such trends suggest a rising tax burden which could influence decisions for potential investors, residents, or developers considering the area, indicating increased fiscal obligations in recent years.
Average Total Tax Liability Per Tax Return in Pike County, GA Over the Last 10 Years
Pike County, Georgia has seen a notable increase in the average total tax liability per tax return over the last decade, from $6,302.29 in 2012 to $10,350.75 in 2021. This trend suggests a growing economy with potentially higher incomes and property values, which might appeal to investors and property developers looking for upward momentum. For residents, it's a sign of increasing cost of living but could also point towards enhanced local services and infrastructure.
Cost of Living in Pike County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,302 | $1,399 | $1,896 | $1,313 | $1,443 |
| 1 adult 4 children | $1,302 | $1,143 | $1,449 | $1,313 | $1,538 |
| 2 adults 3 children | $1,302 | $1,143 | $1,645 | $1,313 | $1,185 |
| 1 adult 3 children | $1,302 | $933 | $1,199 | $1,313 | $1,291 |
| 2 adults 2 children | $1,069 | $936 | $1,394 | $1,148 | $1,016 |
| 1 adult 2 children | $1,069 | $699 | $948 | $1,148 | $1,016 |
| 2 adults 1 child | $1,069 | $740 | $1,143 | $614 | $949 |
| 1 adult 1 child | $1,069 | $478 | $697 | $614 | $818 |
| 2 adults | $947 | $594 | $893 | $0 | $817 |
| 1 adult | $926 | $324 | $446 | $0 | $690 |
Safety trends & Data
Over the past five years, property crimes in Pike County, Georgia have fluctuated, with larceny-theft peaking at 32 incidents in 2021 but generally trending downward. Burglary incidents have been inconsistent, dropping to one case in 2019 but rising to six by 2021. Motor vehicle thefts spiked at six in 2020 but have since stabilized. Vandalism cases increased slightly, hitting 11 in 2022. These crime trends could potentially influence property values, insurance costs, and investment decisions... Read more
Property Crime Trends in Pike County, GA Over the Last 5 Years
Over the past five years, Pike County, Georgia has shown fluctuating trends in property crime. Larceny-theft remains a persistent issue, peaking at 32 incidents in 2021 but generally showing a downward trend. Burglary incidents have varied significantly, dropping to a single case in 2019 but rising to six in 2021. Motor vehicle theft saw a notable increase in 2020 with six cases but has remained relatively manageable otherwise. Vandalism and fraud have shown slight rises, with vandalism reaching 11 cases in 2022. This varied crime landscape could impact property values, insurance premiums, and investment considerations in the area.
Demographics
With slightly more females than males, Pike County, Georgia, shows a typical gender distribution. Educational attainment highlights a significant portion with just a high school diploma or some college experience, and fewer residents hold a bachelor's degree or higher. The age distribution indicates a balanced spread among different age groups, with noticeable dips in the 20-24 and 75+ brackets. Racial demographics reveal a predominantly White population, with Black or African American... Read more
Race Distribution in Pike County, Georgia (2022)
Educational Attainment in Pike County, Georgia (2022)
Age Distribution in Pike County, Georgia
Citizen Population in Pike County, Georgia (2022)
Political Trends & Data
Pike County, Georgia, revealed a potential strong conservative leaning in the 2020 Presidential Election, with Republicans seemingly securing over 85% of the vote. Democrats possibly caught just over 14%, while third-party support was minimal, with Libertarians capturing slightly over 0.8%. Such a significant Republican preference might impact local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Pike County, Georgia, saw a dominating preference for the Republican party in the 2020 U.S. Presidential Election, with perhaps over 85% of the votes. The Democratic party trailed significantly, capturing somewhat over 14% of the vote share. Meanwhile, third-party support was minimal, with the Libertarians possibly garnering slightly more than 0.8% and no notable support for other parties. This could indicate a strong conservative leaning in the county's political climate.
85.14% of voters voted for the Republican party in the 2020 Presidential Election
14.04% of voters voted for the Democrat party in the 2020 Presidential Election
0.82% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Pike County, Georgia has seen notable fluctuations in its student-to-teacher ratio over the past decade, peaking at nearly 49 students per teacher in 2017 before normalizing to about 17 in 2023. While recent figures are near the national average of 14 students per teacher, the variability hints at possible impacts on property values, community satisfaction, and educational outcomes. This trend might also be seen by appraisers and insurance agents as a sign of community stability or demographic... Read more
Student-to-teacher ratio in Pike County, Georgia over the last 10 years
The student-to-teacher ratio in Pike County, Georgia has fluctuated significantly over the past decade, with a sharp spike to just under 49 students per teacher in 2017, even though this normalized to roughly 17 students per teacher in 2023. In recent years, the figures have hovered around the national average of 14 students per teacher, suggesting varying classroom experiences over time. For those considering investment or relocation, this variability in classroom density might imply differing educational attention levels, potentially impacting property values, community satisfaction, and educational outcomes. Appraisers and insurance agents might also read these trends as indicators of community stability or shifts in population demographics.
