Talbot County Real Estate and Livability Trends
In Talbot County, Georgia, property crimes show considerable fluctuation over the past few years, with new categories like arson and motor vehicle theft appearing by 2020. Larceny-theft, which led with 4.00 incidents in 2018, is now less prominent, while vandalism has stayed consistent with single yearly incidents. This erratic crime pattern might affect property values and influence decisions... Read more
Talbot County Market Trends
Talbot County, Georgia has seen a surge in median home values, leaping from $72,300 in 2015 to $119,400 in 2022, potentially signaling an emerging opportunity for savvy investors or budget-conscious homebuyers. Residential energy tax credits in the county spiked to $1237.50 by 2018 before stabilizing around $1066.67 in 2021, reflecting a rising trend in energy-efficient home investments that... Read more
Median Value of Occupied Housing Units in Talbot County, Georgia Over the Last 8 Years
Talbot County, Georgia has seen significant growth in median home values over the past eight years, jumping from $72,300 in 2015 to $119,400 in 2022. While still lower than both the national median of $179,400 and Georgia's state median of $245,900 for 2022, this sharp rise indicates a strong local market. This trend might hint at an emerging opportunity for potential investors or homebuyers looking for comparatively lower entry points with room for appreciation.
Residential Energy Tax Credit Per Tax Return in Talbot County, GA Over the Last 9 Years
Talbot County, Georgia has seen significant fluctuations in residential energy tax credits per tax return over the past nine years. Starting at $384.62 in 2013, the credit saw a steep rise to $1237.50 by 2018, indicating a growing investment in energy-efficient home improvements. Though there was some decline afterward, the average credit remained higher than the early years, with $1066.67 reported in 2021. This trend signifies increased awareness and adoption of energy-saving technologies, making Talbot County an attractive location for environmentally-conscious investors and residents.
Average Real Estate Taxes Per Tax Return in Talbot County, GA Over the Last 10 Years
Over the past decade, Talbot County, Georgia has experienced a fluctuating yet overall upward trend in average real estate taxes per tax return. Starting around $1,564.06 in 2012 and peaking at $2,400.00 in 2019, the figures indicate increasing financial contributions required from property owners, potentially influenced by rising property values or local fiscal policies. For those considering investment or residence in Talbot County, this trend might suggest evolving economic dynamics and the importance of factoring in escalating property tax commitments.
Percentage of Farm Returns in Talbot County, GA Over the Last 10 Years
Over the last decade, the percentage of farm tax returns in Talbot County, Georgia has shown a general increase, starting at 3.02% in 2012 and reaching 4.01% by 2021. This trend suggests that farming activities and their economic contribution to the county are perhaps becoming more prominent. Farm tax returns, in this case, reflect the income taxes filed by farm operators, giving insight into the agricultural sector's health and growth. This uptick may signal opportunities for investment in agricultural enterprises or support infrastructures, potentially shedding light on Talbot County's evolving economic landscape.
Number of Mortgages by Occupancy Type in Talbot County, GA Over the Last 5 Years in Talbot County
In Talbot County, Georgia, over the last five years, the number of mortgages for principal residences has consistently shown higher counts compared to investment and second residences. It seems potential homeowners prioritize this area primarily for principal living, with 2021 peaking at 252 mortgages. This trend could impact investment strategies, property appraisals, and insurance premiums as principal residences generally indicate a stable and committed residential base. Investors might be cautious yet see potential in limited competition, while real estate agents might consider emphasizing the region's appeal for long-term living amenities. Additionally, consistent interest from primary residents might be a signal for builders to focus on housing that caters to families and long-term occupancy rather than vacation or transient markets.
Economic Outlook
In Talbot County, Georgia, the average taxable income per tax return has risen from $35,762.21 in 2013 to $43,018.56 in 2021, hinting at a strengthening local economy. There's also been notable fluctuations in state and local income taxes, with a sharp spike to $3,733.33 in 2021, possibly reflecting increased local economic activity or tax rate changes. Average total tax liabilities per tax return also indicate an upward trend, particularly peaking in 2015 and 2021, which suggests growing... Read more
Average Taxable Income per Tax Return in Talbot County, GA over the last 9 years
In Talbot County, Georgia, there's a noticeable upward trend in the average taxable income per tax return over the last nine years. Starting from $35,762.21 in 2013, it has steadily grown to $43,018.56 by 2021. This rise in taxable income might suggest a strengthening local economy, potentially making the area more attractive for investment and development, while also indicating positive economic conditions for current residents.
Average State and Local Income Taxes Per Tax Return in Talbot County, GA Over the Last 10 Years
Talbot County, Georgia has seen fluctuating average state and local income taxes per tax return over the last decade, with a significant spike in 2021 to $3,733.33. The noticeable rise starting in 2016, from $3,459.72, suggesting increasing local economic activity or tax rate adjustments. For investors and potential residents, these figures point to an evolving financial landscape, which could influence cost of living and economic opportunities.
Average Total Tax Liability Per Tax Return in Talbot County, GA Over the Last 10 Years
Over the last decade, Talbot County, Georgia has seen fluctuating average total tax liabilities per tax return, with peaks in 2015 ($5613.10) and 2021 ($5380.51). Despite some variability, the overall trend shows a general increase in tax liabilities, indicating potentially rising incomes and economic growth. For investors and prospective residents, this could signal a strengthening local economy, though it may also mean increasing financial demands on households.
Cost of Living in Talbot County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,015 | $1,472 | $1,844 | $1,074 | $1,140 |
| 1 adult 4 children | $1,015 | $1,202 | $1,409 | $1,074 | $1,185 |
| 2 adults 3 children | $1,015 | $1,202 | $1,600 | $1,074 | $901 |
| 1 adult 3 children | $1,015 | $982 | $1,166 | $1,074 | $942 |
| 2 adults 2 children | $772 | $984 | $1,356 | $935 | $792 |
| 1 adult 2 children | $772 | $735 | $922 | $935 | $710 |
| 2 adults 1 child | $772 | $778 | $1,113 | $481 | $750 |
| 1 adult 1 child | $772 | $502 | $678 | $481 | $622 |
| 2 adults | $669 | $625 | $869 | $0 | $668 |
| 1 adult | $621 | $341 | $435 | $0 | $566 |
Safety trends & Data
Property crimes in Talbot County, Georgia reveal a fluid pattern over the past three years, with varied incidents driving the narrative. For instance, 2018 saw larceny-theft topping the list with 4.00 incidents, whereas by 2020, new categories like arson and motor vehicle theft emerged, both marking 2.00 and 1.00 occurrences respectively. Burglary dropped from 2.00 incidents in 2018 to 1.00 by 2020, indicating some fluctuation. Vandalism, however, remained a constant with single incidents each... Read more
Property Crime Trends in Talbot County, GA Over the Last 3 Years
Property crimes in Talbot County, Georgia have shown diverse activity over the past three years, with sporadic incidences rather than any consistent trend in any single type of crime. For 2018, larceny-theft led with 4.0 incidents, and burglary followed with 2.0 arrests. By 2020, new categories such as arson and motor vehicle theft appeared, both recording 2.0 and 1.0 instances respectively, while burglary tapered off to 1.0. Vandalism remained steady with single incidents in 2018 and 2019, indicating minor but ongoing concerns. This varied crime activity might influence investors, insurers, and real estate professionals in their assessment of the area's risk and value.
Demographics
Talbot County, Georgia's demographic landscape presents a fairly balanced gender distribution, with slightly more females than males. A significant portion of the adult population has either high school education or some college experience, which might indicate varying levels of economic opportunities and growth potential. Age-wise, the county shows a larger concentration of residents aged 55 and above, which could have implications for healthcare and retirement services. The racial... Read more
Race Distribution in Talbot County, Georgia (2022)
Educational Attainment in Talbot County, Georgia (2022)
Age Distribution in Talbot County, Georgia
Citizen Population in Talbot County, Georgia (2022)
Political Trends & Data
In Talbot County, Georgia, the 2020 U.S. Presidential Election results revealed a strong preference for the Democratic party, capturing roughly 60% of the vote. Meanwhile, the Republican party trailed with about 40%, and the Libertarians had less than 1%. This Democratic tilt stands out in the broader context of Georgia's political landscape, often characterized as a battleground... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Talbot County, Georgia, the 2020 U.S. Presidential Election results showed a notable lean towards the Democratic party, which garnered roughly 60% of the vote, compared to about 40% for the Republican party. The Libertarian party had a minimal presence, receiving less than 1% of the vote. The data indicate a significant Democratic preference, which is interesting given Georgia's overall political battleground status.
39.52% of voters voted for the Republican party in the 2020 Presidential Election
60.02% of voters voted for the Democrat party in the 2020 Presidential Election
0.45% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Talbot County, Georgia has experienced a fluctuating student-to-teacher ratio over the past decade, dipping as low as 10:1, which is considerably below the national average of 14:1. This trend may signify a more personalized learning environment, potentially boosting the locale's allure for families focused on education quality. For real estate agents and investors, these educational metrics could make properties more marketable. Additionally, lower ratios could have positive impacts on... Read more
Student-to-teacher ratio in Talbot County, Georgia over the last 10 years
Talbot County, Georgia has seen a fluctuating student-to-teacher ratio over the past decade, reaching as low as ten students per teacher in some years, which is notably lower than the current U.S. national average of fourteen. This trend suggests a more personalized educational environment, which could be attractive to families prioritizing education quality. For real estate agents and investors, these metrics might enhance the appeal of properties in the area. Lower ratios could also potentially affect appraisals positively and might influence insurance agents' assessments of community risk.
