Towns County Real Estate and Livability Trends
Towns County, Georgia has seen a surge in average taxable income per tax return, jumping from approximately $44,003.70 in 2013 to around $79,588.94 by 2021, indicating a potentially more affluent population and stronger economic environment. Median home values have also shot up from $175,100 in 2015 to $278,700 in 2022, outpacing both state and national growth rates, showing a thriving real... Read more
Towns County Market Trends
In Towns County, Georgia, median home values have skyrocketed from $175,100 in 2015 to $278,700 in 2022, outpacing both state and national growth rates. Real estate taxes have also risen significantly, with average taxes jumping from $1,829.00 in 2012 to $3,062.00 in 2021. The residential energy tax credits saw fluctuations but stabilized around $300.00-$380.00 since 2015. Although there has been... Read more
Median Value of Occupied Housing Units in Towns County, Georgia Over the Last 8 Years
In Towns County, Georgia, the median home values have surged over the past eight years, jumping from $175,100 in 2015 to $278,700 in 2022. This increase outpaces both the state and national trends; Georgia's median home value increased from $148,100 to $245,900, while the national median saw a growth from $125,500 to $179,400 during the same period. For real estate investors or potential homeowners, these figures suggest a rapidly appreciating market, potentially offering significant returns on investment. The steady climb in property values indicates a robust local market that might well outperform broader trends, making it an attractive spot for new developments or real estate endeavors.
Residential Energy Tax Credit Per Tax Return in Towns County, GA Over the Last 8 Years
The average residential energy tax credit per tax return in Towns County, Georgia has seen some fluctuations over the past eight years. Starting at $522.22 in 2013, there's been a noticeable decline in subsequent years, dropping to $275.00 in 2014. However, it stabilized around the $300.00-$380.00 range from 2015 to 2021. This trend reflects a period of adjustment and recovery, which could be indicative of evolving energy policies or shifts in residential investment in energy-efficient upgrades. For those considering moving to or investing in the area, it's worth noting the overall resilience and emerging uptrend in recent years.
Average Real Estate Taxes Per Tax Return in Towns County, GA Over the Last 10 Years
Real estate taxes in Towns County, Georgia have seen a notable upward trend over the past decade. From an average of around $1,829.00 per tax return in 2012 to approximately $3,062.00 in 2021, the increase suggests a growing property market. This pattern could hint at rising property values and a potentially robust real estate environment, offering promising opportunities for investors and new residents. However, the noticeable rise in tax rates may also impact overall affordability and could be a critical factor for budget-conscious buyers to consider.
Percentage of Farm Returns in Towns County, GA Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Towns County, Georgia has generally fluctuated between 1.44% and 2.07%. Farm tax returns—essentially tax filings that report income derived from agricultural activities—offer insights into the agricultural economic health of the region. The trend in the county suggests a modest decline since 2012, which could indicate shifts in the local agricultural economy or changes in how farming is being integrated into the community. This matters for investors, builders, and potential residents who are interested in the local economy and its dependency on agriculture, as shifts in farm tax returns may reflect broader economic transitions.
Number of Mortgages by Occupancy Type in Towns County, GA Over the Last 5 Years in Towns County
Mortgages in Towns County, Georgia, have shown significant variation over the past five years with principal residences consistently leading the count. Despite a drop from 2021, principal residences remained the majority in 2022, indicating strong demand for owner-occupied homes. The market for second residences peaked in 2020 and 2021, but saw a notable decline in 2022. Although investment properties have the lowest numbers overall, their steady, albeit modest, increase suggests a growing interest in rental and investment opportunities. These shifts in occupancy types can influence property values, rental markets, and insurance premiums, providing critical insights for investors, real estate agents, and prospective homeowners.
Economic Outlook
Towns County, Georgia has experienced a significant rise in average taxable income per tax return, nearly doubling from about $44,003.70 in 2013 to around $79,588.94 by 2021. This suggests a potentially stronger economic environment and may hint at rising property values and a more affluent local population. Correspondingly, state and local income taxes have also increased, climbing from $4,330.00 in 2012 to $9,462.50 by 2021. The average total tax liability per tax return has surged as well,... Read more
Average Taxable Income per Tax Return in Towns County, GA over the last 9 years
Towns County, Georgia has seen a noteworthy increase in average taxable income per tax return over the past nine years, suggesting a potentially stronger economic environment. Starting at around $44,003.70 in 2013, the average taxable income rose to approximately $79,588.94 by 2021, reflecting almost a doubling in income. This upward trend could indicate favorable conditions for investors and those looking to move to or build in the area, possibly hinting at rising property values and a more affluent local population.
Average State and Local Income Taxes Per Tax Return in Towns County, GA Over the Last 10 Years
In Towns County, Georgia, there's been a significant upward trend in state and local income taxes over the past decade. Starting at around $4,330.00 in 2012, taxes have surged to $9,462.50 by 2021. Notably, a sharp increase between 2017 and 2018 saw an almost $1,553.41 jump, highlighting intensified fiscal pressures. This steady incline is essential for potential investors and residents to consider when evaluating the financial landscape, as it directly affects disposable incomes and could impact property valuations and cost of living.
Average Total Tax Liability Per Tax Return in Towns County, GA Over the Last 10 Years
Towns County, Georgia has seen a significant rise in average total tax liability per tax return over the past decade, escalating from $6,708.55 in 2012 to an impressive $14,266.25 in 2021. Notably, the most substantial hike occurred between 2020 and 2021, jumping from $9,737.78 to $14,266.25. This trend highlights not only the growing economic strength of the region but also suggests an increased financial commitment from its residents, making Towns County a notable point of interest for investors and potential new residents seeking a robust, financially active community.
Cost of Living in Towns County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,138 | $1,371 | $1,436 | $1,048 | $973 |
| 1 adult 4 children | $1,138 | $1,120 | $1,096 | $1,048 | $1,039 |
| 2 adults 3 children | $1,138 | $1,120 | $1,248 | $1,048 | $794 |
| 1 adult 3 children | $1,138 | $915 | $907 | $1,048 | $828 |
| 2 adults 2 children | $801 | $917 | $1,059 | $908 | $671 |
| 1 adult 2 children | $801 | $685 | $718 | $908 | $597 |
| 2 adults 1 child | $801 | $725 | $870 | $454 | $651 |
| 1 adult 1 child | $801 | $468 | $529 | $454 | $555 |
| 2 adults | $687 | $582 | $681 | $0 | $595 |
| 1 adult | $673 | $318 | $341 | $0 | $537 |
Safety trends & Data
In Towns County, Georgia, property crime rates have sharply declined over the past five years, with burglary incidents dropping from 11.00 in 2018 to a mere 1.00 in 2022. Similarly, larceny-theft cases fell from 22.00 to 2.00 over the same period. Despite a slight increase in fraud-related crimes, the overall reduction in property crimes could influence housing market dynamics and potentially lead to more favorable insurance premiums. This trend may be of particular interest to investors and... Read more
Property Crime Trends in Towns County, GA Over the Last 5 Years
Over the past five years, Towns County, Georgia has seen a notable decrease in property crimes. Burglary incidents significantly dropped from 11.00 in 2018 to just 1.00 by 2022. Larceny-theft cases also plummeted, with a decline from 22.00 in 2018 to 2.00 in 2022. Interestingly, fraud-related crimes showed a slight uptick in recent years, with a low of 1.00 in 2018 rising to 3.00 by 2022. These trends could be pivotal for investors, real estate agents, and those evaluating property values, suggesting an overall improvement in local crime rates which might positively influence housing market dynamics and insurance premiums.
Demographics
Towns County, Georgia reflects an interesting demographic landscape, with a slight majority of females over males in the adult population. The educational attainment data shows a significant portion of residents have completed high school, and there is a noticeable spread across various levels of further education, from some college experience to postgraduate degrees. Age distribution highlights a relatively older population, with a notable peak in the 65 to 74 years category. Racially, the... Read more
Race Distribution in Towns County, Georgia (2022)
Educational Attainment in Towns County, Georgia (2022)
Age Distribution in Towns County, Georgia
Citizen Population in Towns County, Georgia (2022)
Political Trends & Data
Towns County, Georgia, shows a notable Republican tilt, with about 80% of the 2020 U.S. Presidential Election votes likely going to the Republican candidate. The Democratic candidate received roughly 19%, and the Libertarian candidate picked up just over half a percent. This strong conservative presence might influence local policies and community interactions, as well as shape how political campaigns approach voter engagement in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Towns County, Georgia, appears to lean significantly Republican, with approximately 80% of votes in the 2020 U.S. Presidential Election possibly going to the Republican candidate. The Democratic candidate received around 19%, while the Libertarian candidate garnered just over half a percent. This voting pattern could indicate a strong conservative influence within the county, potentially shaping local policy priorities and community dynamics. It also suggests that political campaigns and outreach efforts may need to adapt strategies to effectively engage with a predominantly Republican voter base.
80.01% of voters voted for the Republican party in the 2020 Presidential Election
19.43% of voters voted for the Democrat party in the 2020 Presidential Election
0.56% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Towns County, Georgia, the student-to-teacher ratio has dropped from 14 in 2014 to just above 11, potentially enhancing education quality and making the area more attractive for families. With the national average sitting at 14, this could drive real estate demand and impact property values favorably. Investors, builders, and appraisers may find this data crucial for evaluating long-term investments and market... Read more
Student-to-teacher ratio in Towns County, Georgia over the last 10 years
In Towns County, Georgia, the student-to-teacher ratio has consistently decreased over the past decade, from 14 in 2014 to just above 11 in recent years. With the national average ratio being 14 students per teacher, Towns County appears to offer more individualized attention to students, which could suggest positive outcomes for educational quality. This may appeal to families considering moving to the area, and serve as a selling point for real estate agents. For investors and those looking to build properties, it is worth noting that educational quality can significantly impact property values and long-term investments. Insurance agents and appraisers might also factor these educational metrics into their evaluations and risk assessments.
