Taylor County Real Estate and Livability Trends
Taylor County, Georgia, has seen a notable rise in median home values from $58,000 in 2015 to $90,100 in 2022, positioning it as an affordable alternative to higher state and national medians. This growth in home values aligns with increasing average taxable incomes, which rose from $37,123.53 in 2013 to $50,937.46 in 2021. Property crimes have also substantially decreased, from 19 incidents in... Read more
Taylor County Market Trends
In Taylor County, Georgia, median home values have steadily increased from $58,000 in 2015 to $90,100 in 2022, making it an affordable alternative compared to the state and national medians. Significant residential energy tax credits—rising from $420.00 in 2013 to $2,016.67 in 2021—highlight incentives for sustainable housing investments. Real estate taxes have more than doubled since 2012,... Read more
Median Value of Occupied Housing Units in Taylor County, Georgia Over the Last 8 Years
Over the past 8 years, Taylor County, Georgia has seen a steady rise in median home values, increasing from $58,000 in 2015 to $90,100 in 2022. Compared to the national median, which has surged from $125,500 to $179,400, and the state of Georgia, which jumped from $148,100 to $245,900 during the same period, Taylor County's housing market presents a more affordable entry point. This could be intriguing for those looking to invest or build in a growing yet cost-effective region.
Residential Energy Tax Credit Per Tax Return in Taylor County, GA Over the Last 9 Years
In Taylor County, Georgia, the average residential energy tax credit per tax return has fluctuated significantly over the past nine years. Starting from $420.00 in 2013, it saw a steady increase, notably spiking to $1,500.00 in 2018 and then reaching a high of $2,016.67 in 2021. This rise indicates substantial incentives for energy-efficient upgrades, presenting opportunities for investment in sustainable housing and potentially higher property values in the area. For those considering moving to or building in Taylor County, these credits can substantially offset initial renovation costs.
Average Real Estate Taxes Per Tax Return in Taylor County, GA Over the Last 10 Years
Taylor County, Georgia has seen a notable increase in average real estate taxes per tax return over the past decade. Starting at approximately $1,490.91 in 2012, real estate taxes have more than doubled by 2021, reaching around $2,946.15. The most significant jump occurred between 2017 and 2018, where taxes rose from roughly $1,824.07 to $2,482.35. This trend suggests a rising cost of property ownership, which could impact decisions for potential investors and property developers.
Percentage of Farm Returns in Taylor County, GA Over the Last 10 Years
Farm tax returns in Taylor County, Georgia appear to have fluctuated over the past decade, with percentages generally hovering around 6% but experiencing some noticeable dips. For instance, 2020 saw a decrease to approximately 4.86%, possibly indicating a challenging year for local farmers. These trends could suggest varying levels of agricultural activity and economic shifts impacting the farming sector. Investors and potential residents might find these fluctuations relevant when considering the county's economic landscape and the viability of agricultural investments.
Number of Mortgages by Occupancy Type in Taylor County, GA Over the Last 5 Years in Taylor County
Over the past five years, Taylor County, Georgia has seen noticeable shifts in the types of mortgages being registered. Principal residences vastly dominate the market, experiencing a steady increase from 180 in 2018 to 218 in 2022. Investment properties have seen a significant decrease from 22 in 2018 to just 11 in 2022, indicating potential changes in investment attractiveness or economic conditions. Second residences remain relatively stable but low in number, indicating minimal interest in using Taylor County for secondary homes. For investors, real estate agents, and builders, understanding these trends can offer insights into demand dynamics and market opportunities. These shifts affect property valuations, insurance policies, and could influence future development projects in the area.
Economic Outlook
Taylor County, Georgia, has seen an impressive rise in average taxable income per tax return, moving from $37,123.53 in 2013 to $50,937.46 in 2021. Despite brief dips like in 2017, this consistent growth points to increasing prosperity. Notable, though, is the steep climb in average state and local income taxes from $3,144.44 in 2012 to $8,735.71 in 2021, reflecting a growing tax burden that potential investors should weigh. As a parallel trend, the average tax liability per tax return has also... Read more
Average Taxable Income per Tax Return in Taylor County, GA over the last 9 years
Taylor County, Georgia has experienced a steady rise in average taxable income per tax return over the past nine years, from $37,123.53 in 2013 to $50,937.46 in 2021. This growth, despite slight dips like in 2017, indicates underlying economic resilience and potentially increasing prosperity. For investors and prospective residents, these financial trends suggest a favorable environment for both residential and commercial ventures.
Average State and Local Income Taxes Per Tax Return in Taylor County, GA Over the Last 10 Years
Over the past decade, Taylor County, Georgia has seen a significant rise in average state and local income taxes per tax return. Starting at $3,144.44 in 2012, the figure remained relatively stable until a sharp increase began in 2017, culminating at $8,735.71 in 2021. This upward trend reflects growing tax burdens that potential investors, new residents, and property developers should consider when evaluating the economic landscape of the area.
Average Total Tax Liability Per Tax Return in Taylor County, GA Over the Last 10 Years
Taylor County, Georgia has seen a noticeable increase in average tax liability per tax return over the past decade. Starting at $4,520.71 in 2012, the figure has risen consistently, peaking at $6,532.78 in 2021. This trend suggests a growing economic base, making it a potential hotspot for investors and new residents looking to leverage opportunities in a region with rising fiscal contributions.
Cost of Living in Taylor County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $964 | $1,930 | $1,807 | $1,048 | $1,299 |
| 1 adult 4 children | $964 | $1,576 | $1,382 | $1,048 | $1,326 |
| 2 adults 3 children | $964 | $1,577 | $1,567 | $1,048 | $1,007 |
| 1 adult 3 children | $964 | $1,287 | $1,142 | $1,048 | $1,044 |
| 2 adults 2 children | $772 | $1,291 | $1,328 | $908 | $876 |
| 1 adult 2 children | $772 | $964 | $903 | $908 | $786 |
| 2 adults 1 child | $772 | $1,020 | $1,089 | $454 | $811 |
| 1 adult 1 child | $772 | $659 | $664 | $454 | $654 |
| 2 adults | $606 | $820 | $850 | $0 | $696 |
| 1 adult | $516 | $447 | $425 | $0 | $551 |
Safety trends & Data
In Taylor County, Georgia, property crimes have notably decreased over the past four years, dropping from 19 incidents in 2018 to just four in 2021. This decline in crime rates can be crucial for potential property investors and those assessing insurance rates, as it suggests improving safety conditions. However, it's essential to remain aware of specific crime categories, like burglary and vehicle theft, which may still need attention from local authorities and real estate... Read more
Property Crime Trends in Taylor County, GA Over the Last 4 Years
In Taylor County, Georgia, the overall trend in property crimes appears to be moving downward over the past four years. In 2018, the county experienced a total of 19 property-related crimes, which included higher instances of burglary and larceny-theft. By 2021, the total number of reported incidents dropped to just four. This decline is significant for those considering property investments or evaluating insurance rates, as it potentially reflects improving safety conditions. However, it's important to note fluctuations in specific categories like burglary and vehicle theft, which may still warrant attention from local authorities and real estate stakeholders.
Demographics
Taylor County, Georgia, shows an intriguing gender split with slightly more females than males in its adult population. Educational attainment levels vary, though the majority are high school graduates or have some college education, hinting at potential workforce dynamics. Age distribution leans towards an older demographic, with significant portions of the population in the 55-64 and 65-74 age ranges. Racially, the county is predominantly White and Black or African American, indicating a... Read more
Race Distribution in Taylor County, Georgia (2022)
Educational Attainment in Taylor County, Georgia (2022)
Age Distribution in Taylor County, Georgia
Citizen Population in Taylor County, Georgia (2022)
Political Trends & Data
In Taylor County, Georgia, the 2020 U.S. Presidential Election results showed a dominant 63% of the vote for the Republican candidate, with the Democrat receiving about 36% and the Libertarian party capturing under 1%. This significant Republican preference may influence regional political strategies and future electoral outcomes. The negligible support for third parties like the Libertarian and Green parties underlines the strong two-party system in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Taylor County, Georgia, the Republican candidate received approximately 63% of the vote, significantly outpacing the Democrat at around 36%, while the Libertarian party captured just under 1%. This suggests a strong Republican preference among voters in this region during the 2020 U.S. Presidential Election, possibly indicating broader regional political leanings that might influence future elections. The minimal support for third parties like the Libertarian and Green parties highlights the predominant two-party paradigm in this county.
62.99% of voters voted for the Republican party in the 2020 Presidential Election
36.13% of voters voted for the Democrat party in the 2020 Presidential Election
0.89% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Taylor County, Georgia has experienced a significant drop in the student-to-teacher ratio from 14 in 2014 to around 11 in 2023, suggesting smaller class sizes. This trend might appeal to families seeking quality education and could impact property values positively. Interestingly, this ratio falls below the current US national average of 14, hinting at a potential competitive advantage in the local education system that could make the area more appealing for... Read more
Student-to-teacher ratio in Taylor County, Georgia over the last 10 years
Taylor County, Georgia has seen a noticeable decline in the student-to-teacher ratio over the past decade, dipping from 14 students per teacher in 2014 to approximately 11 students per teacher in 2023. This trend suggests smaller class sizes, which could potentially enhance personalized attention and educational outcomes. For investors and real estate agents, this might reflect positively on the local education system, making the area more attractive to families. For appraisers and insurance agents, changes in occupancy type could influence property values and risk assessments accordingly. This decreasing ratio is also below the current US national average of 14 students per teacher, possibly signaling a competitive edge in education quality for the county.
