Putnam County Real Estate and Livability Trends
Putnam County, Georgia has seen a notable rise in average taxable income per tax return, climbing from $48,317.05 in 2013 to $83,940.73 in 2021, suggesting an economically vibrant community. Alongside this, median home values hit $203,300 in 2022, outpacing national averages but lagging behind Georgia's state median. Meanwhile, real estate taxes more than doubled over the last decade, reaching... Read more
Putnam County Market Trends
Putnam County, Georgia has seen a fluctuating yet generally upward trend in median home values, peaking at $203,300 in 2022, outpacing national figures but trailing behind the state median. Notably, residential energy tax credits have trended upwards, reaching $1,100 per return in 2018, highlighting a local commitment to sustainability. Real estate taxes have more than doubled in a decade,... Read more
Median Value of Occupied Housing Units in Putnam County, Georgia Over the Last 8 Years
Putnam County, Georgia has experienced a fluctuating yet upward trend in median home values over the past eight years, with a significant spike to $203,300 in 2022. This increase stands out when compared to both the state and national figures. While Georgia's median home values also surged, hitting $245,900 in 2022, the national median was notably lower at $179,400. For investors and potential homeowners, this divergence indicates that Putnam County might present opportunities that align more closely with state-level trends rather than the national market, suggesting a potentially robust local housing economy.
Residential Energy Tax Credit Per Tax Return in Putnam County, GA Over the Last 9 Years
Putnam County, Georgia has seen a fluctuating but generally increasing trend in the average residential energy tax credit per tax return over the last nine years. Starting at $425.00 in 2013 and peaking at $1,100.00 in 2018, the credits have incentivized energy-efficient upgrades and reflect growing investments in renewable energy infrastructure. This uptick suggests a strong community focus on sustainability, making the county an appealing spot for eco-conscious investors and residents.
Average Real Estate Taxes Per Tax Return in Putnam County, GA Over the Last 10 Years
Putnam County, Georgia has experienced a significant upward trend in average real estate taxes per tax return over the past decade. In 2012, the average was $2,485.19, but by 2021, it had risen to $5,014.58. This steady increase, particularly sharp from 2017 onwards, could suggest a growing property market and potentially higher property values in the area. For investors, homeowners, and developers, this could indicate an increasingly valuable market, albeit with higher associated costs. Residents may want to consider how these rising taxes might impact long-term affordability.
Percentage of Farm Returns in Putnam County, GA Over the Last 10 Years
Farm tax returns in Putnam County, Georgia have shown a gradual decline over the last decade, starting at approximately 2.20% in 2012 and dipping to around 1.53% by 2021. This downward trend suggests a shrinking footprint for agricultural businesses in the county. For investors and those looking to build or move into the area, this might indicate a shift in economic focus away from traditional farming. The trend could imply opportunities for development in other sectors or underline the need for new agricultural policies or support. Understanding these dynamics is essential for making informed decisions regarding property investments and economic activities in Putnam County.
Number of Mortgages by Occupancy Type in Putnam County, GA Over the Last 5 Years in Putnam County
Putnam County, Georgia has shown a fluctuation in mortgage activity across various occupancy types over the last five years, with principal residences consistently capturing the highest number of new mortgages. There's a notable peak in mortgage counts for investment properties in 2021 and principal residences seeing significant growth from 2018 through to 2021 before a decline in 2022. Understanding changes in occupancy type can be critical for investors assessing property demand, as shifts towards more second residences or investment properties might signal evolving market dynamics. For real estate agents, appraisers, and insurance agents, these trends offer insight into the risk profiles and pricing strategies needed for different types of properties. Builders and developers can align their projects to match the growing demand for specific occupancy types, ensuring better market fit.
Economic Outlook
Putnam County, Georgia, has experienced a notable increase in average taxable income per tax return, rising from $48,317.05 in 2013 to $83,940.73 in 2021. This economic growth, particularly between 2015-2016 and 2019-2021, might hint at rising property values. Additionally, average state and local income taxes more than doubled from $5,240.60 in 2012 to $11,923.40 in 2021, pointing to higher local funding needs or increased incomes. Similarly, total tax liability per tax return also doubled... Read more
Average Taxable Income per Tax Return in Putnam County, GA over the last 9 years
Putnam County, Georgia has seen a steady increase in average taxable income per tax return over the last nine years, moving from $48,317.05 in 2013 to $83,940.73 in 2021. The most significant jumps appear to have occurred between 2015 and 2016, and again from 2019 to 2021. These trends suggest economic growth and potentially increasing property values, which could be encouraging for investors and prospective residents looking for a thriving community in Georgia.
Average State and Local Income Taxes Per Tax Return in Putnam County, GA Over the Last 10 Years
Over the last decade, Putnam County, Georgia has seen a significant rise in the average state and local income taxes per tax return, from $5,240.60 in 2012 to $11,923.40 in 2021. This trend highlights a more than doubling of tax obligations, reflective of higher local funding needs or increased income levels. For investors, property developers, and residents, this trend underscores the need to account for these escalated costs in financial planning and operational budgeting.
Average Total Tax Liability Per Tax Return in Putnam County, GA Over the Last 10 Years
Over the last decade, Putnam County, Georgia, has seen a consistent increase in the average total tax liability per tax return, rising from $8,078.02 in 2012 to $15,705.08 in 2021. The most significant jumps occurred between 2014 to 2015 and 2019 to 2020, suggesting economic factors or policy changes during those years. This upward trend signals a growing economy and potentially rising incomes, which can be appealing for investors and prospective homeowners looking for a location with economic growth.
Cost of Living in Putnam County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,115 | $1,267 | $1,619 | $1,048 | $1,000 |
| 1 adult 4 children | $1,115 | $1,035 | $1,237 | $1,048 | $1,095 |
| 2 adults 3 children | $1,115 | $1,035 | $1,405 | $1,048 | $835 |
| 1 adult 3 children | $1,115 | $845 | $1,023 | $1,048 | $880 |
| 2 adults 2 children | $916 | $847 | $1,192 | $908 | $762 |
| 1 adult 2 children | $916 | $633 | $809 | $908 | $682 |
| 2 adults 1 child | $916 | $670 | $978 | $454 | $720 |
| 1 adult 1 child | $916 | $432 | $596 | $454 | $620 |
| 2 adults | $719 | $538 | $764 | $0 | $628 |
| 1 adult | $715 | $293 | $382 | $0 | $564 |
Safety trends & Data
Putnam County, Georgia has seen a significant decline in property crime over the past five years. Burglary incidents dropped dramatically from 29 in 2018 to just 7 in 2021. Vandalism also saw a notable decrease, going from 21 cases in 2018 to 5 in 2022. While larceny-theft remained relatively stable, forgery, counterfeiting, and fraud incidents peaked in 2018 but sharply declined in the following years. This downward trend may suggest that the area has either improved its safety measures or... Read more
Property Crime Trends in Putnam County, GA Over the Last 5 Years
In Putnam County, Georgia, property crime trends over the past five years indicate a notable decline in several categories. Burglary incidents dropped significantly from 29 in 2018 to just 7 in 2021. Larceny-theft, though it fluctuated, remained relatively stable, averaging around 47 cases annually. Motor vehicle theft displayed minor variations, with the highest at 7 in 2020 and the lowest at 3 in 2018 and 2022. Forgery and counterfeiting, along with fraud, were at their peak in 2018 with 16 and 14 cases respectively, but saw considerable reductions in subsequent years. Vandalism cases diminished from 21 in 2018 to 5 in 2022. This downward trend in most property crime categories could potentially signal improved safety measures or economic shifts within the county.
Demographics
The adult population in Putnam County, Georgia is almost evenly split between males and females, with a slight lean towards females. In terms of education, over half of the adults have completed high school or some college, yet a noticeable portion hasn’t earned a diploma, hinting at potential workforce development needs. Age-wise, the county’s population skews towards older adults, predominantly those aged 55 and above, which might influence local healthcare and housing demands. Racial... Read more
Race Distribution in Putnam County, Georgia (2022)
Educational Attainment in Putnam County, Georgia (2022)
Age Distribution in Putnam County, Georgia
Citizen Population in Putnam County, Georgia (2022)
Political Trends & Data
Putnam County, Georgia, tends to lean heavily Republican, with close to 70% of voters supporting the GOP in the 2020 U.S. Presidential Election. Democrats received around 29% of the vote, while Libertarians drew in just under 1%. This strong preference for the two major parties, especially the GOP, hints at a conservative atmosphere that may influence local real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Putnam County, Georgia, leaned heavily Republican in the 2020 U.S. Presidential Election, with nearly 70% of votes. Democrats garnered around 29%, with minimal support for Libertarians at just under 1%. No votes were recorded for the Green Party or other parties, indicating a clear preference for the two major parties among voters here.
69.94% of voters voted for the Republican party in the 2020 Presidential Election
29.08% 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
Over the last decade, Putnam County, Georgia has seen its student-to-teacher ratio trend downward from 14.99 in 2014 to 11.93 in 2023. This is below the national average of 14 students per teacher, suggesting smaller class sizes which might be appealing to families. This educational improvement potentially enhances the attractiveness of properties and could increase property values and community... Read more
Student-to-teacher ratio in Putnam County, Georgia over the last 10 years
Over the last decade, Putnam County, Georgia has seen its student-to-teacher ratio fluctuate, generally trending downward from 14.99 in 2014 to 11.93 in 2023. This shift is notable when compared to the national average of 14 students per teacher, indicating that Putnam County may offer smaller class sizes than many areas. For potential investors or those considering relocating, this could imply a more personalized educational environment, which might be appealing to families. Real estate agents and appraisers might also find this trend beneficial as it can enhance the attractiveness of properties in the county. Additionally, insurance agents and builders can factor in these educational improvements when assessing property value and community growth potential.
