Union County Real Estate and Livability Trends
Union County, Georgia has seen its average home values climb sharply from $184,900 in 2015 to $252,100 by 2022, outpacing state and national averages and suggesting strong investment potential. Local energy tax credits hit a peak in 2018, making the region attractive to eco-conscious buyers. However, rising real estate taxes point to either surging property values or changing tax policies. The... Read more
Union County Market Trends
Union County, Georgia's real estate market has seen a sharp rise in median home values from $184,900 in 2015 to $252,100 by 2022, outpacing both state and national averages. This rapid appreciation may indicate good return prospects for property investments. Energy tax credits also peaked dramatically in 2018 at $1,300.00, reflecting substantial energy efficiency investments, making the area... Read more
Median Value of Occupied Housing Units in Union County, Georgia Over the Last 8 Years
Union County, Georgia has seen a dramatic upward trend in median home values over the past eight years, starting at $184,900 in 2015 and rising sharply to $252,100 by 2022. This increase surpasses both Georgia's state average and the national average, signaling a particularly strong housing market in Union County. For comparison, the median home value in Georgia grew from $148,100 to $245,900 during the same period, while the national average rose from $125,500 to $179,400. Such rapid appreciation suggests potential for good returns on property investments in Union County and may attract new residents seeking strong equity growth.
Residential Energy Tax Credit Per Tax Return in Union County, GA Over the Last 9 Years
Residential energy tax credits in Union County, Georgia have shown significant fluctuations over the past nine years, reflecting substantial investment in energy efficiency. Notably, there was a dramatic spike in 2018 with an average credit reaching $1,300.00, potentially due to increased adoption of solar panels or other energy-saving improvements. More recently, credits have stabilized around $800.00, signaling a consistent commitment to energy-efficient home upgrades, making Union County attractive for environmentally conscious investors and homeowners. Such trends indicate robust local incentives that could enhance property values and attract sustainable development.
Average Real Estate Taxes Per Tax Return in Union County, GA Over the Last 10 Years
Over the past decade, Union County, Georgia has seen a notable fluctuation in average real estate taxes per tax return, with a marked increase particularly visible in recent years. The average tax amount rose from approximately $2,021.79 in 2012 to nearly $2,947.50 by 2021. This shift might indicate rising property values or changes in tax policies, both of which could be critically important for potential investors or those considering relocating. The significant jump from 2018 to 2019, where taxes increased from $2,708.79 to about $2,997.75, is particularly striking and could suggest a pivotal period in Union County's real estate landscape.
Percentage of Farm Returns in Union County, GA Over the Last 10 Years
In Union County, Georgia, the percentage of farm tax returns has recorded a gradual decline from 2.43% in 2012 to about 1.97% by 2021. Farm tax returns indicate tax filings from agricultural businesses, providing insights into the sector's economic performance and activity. Despite slight fluctuations, the overall trend suggests a steady reduction, implying possible downscaling in farm operations or a shift in land use. For investors, potential residents, and those looking to develop property, understanding the health of the farming sector can be crucial, as it may impact local economies, employment opportunities, and land availability.
Number of Mortgages by Occupancy Type in Union County, GA Over the Last 5 Years in Union County
Union County, Georgia has experienced varied trends in mortgage activity by occupancy type over the last five years. Principal residences dominate the market, with mortgage counts peaking in 2021 at 2,152, followed by a slight decline in 2022. Second residences and investment properties also saw increases but at a more modest scale. This shift could be linked to broader market conditions, influencing those considering property investments or moves. For investors, analyzing these trends provides insights into demand and potential returns. Similarly, appraisers and insurance agents can gauge risk and property value trajectories, while builders and real estate agents can tailor their strategies to meet evolving needs.
Economic Outlook
Union County, Georgia has experienced a consistent rise in average taxable income per tax return, from $43,156.23 in 2013 to $71,026.63 by 2021. This trend likely points to a strengthening local economy, making the area potentially attractive for real estate investment due to the implied increase in property values. Concurrently, average state and local income taxes have nearly doubled, reaching $9,661.19 by 2021, a factor prospective investors and residents should weigh carefully against the... Read more
Average Taxable Income per Tax Return in Union County, GA over the last 9 years
Union County, Georgia has seen a consistent increase in average taxable income per tax return over the past nine years. Starting at $43,156.23 in 2013, it showed a steady rise to $71,026.63 by 2021. This upward trend could indicate a growing local economy and potentially increasing property values. This data might be appealing to investors and prospective residents who are considering moving to or building in the area, as it suggests a robust and improving financial landscape.
Average State and Local Income Taxes Per Tax Return in Union County, GA Over the Last 10 Years
Union County, Georgia has seen a notable upward trend in average state and local income taxes per tax return over the past decade. Starting at $4,376.56 in 2012, taxes have climbed steadily each year, reaching $9,661.19 by 2021. This significant increase highlights the growing fiscal demands on residents, making it crucial for potential investors and future residents to consider the rising tax landscape when planning any financial or property-related activities in the area.
Average Total Tax Liability Per Tax Return in Union County, GA Over the Last 10 Years
Over the past decade in Union County, Georgia, the average total tax liability per tax return has seen a steady upward trend, rising from $6,254.18 in 2012 to a significant $10,674.82 in 2021. This sharp increase, especially notable from 2020 onward, reflects broader economic and perhaps policy changes that can impact financial planning. This pattern is crucial for prospective investors, new residents, and property developers as it highlights the rising financial obligations within the county.
Cost of Living in Union County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,097 | $1,371 | $1,436 | $1,048 | $972 |
| 1 adult 4 children | $1,097 | $1,120 | $1,096 | $1,048 | $1,067 |
| 2 adults 3 children | $1,097 | $1,120 | $1,248 | $1,048 | $812 |
| 1 adult 3 children | $1,097 | $915 | $907 | $1,048 | $824 |
| 2 adults 2 children | $772 | $917 | $1,059 | $908 | $672 |
| 1 adult 2 children | $772 | $685 | $718 | $908 | $596 |
| 2 adults 1 child | $772 | $725 | $870 | $454 | $651 |
| 1 adult 1 child | $772 | $468 | $529 | $454 | $552 |
| 2 adults | $606 | $582 | $681 | $0 | $574 |
| 1 adult | $602 | $318 | $341 | $0 | $511 |
Safety trends & Data
Union County, Georgia, has seen some swings in property crime over the past five years. Larceny-theft, for example, peaked at 40.00 incidents in 2018, dipped to 18.00 in 2021, and then climbed back to 34.00 in 2022. Burglary numbers were more erratic, hitting 8.00 in 2020 but staying lower in other years. Motor vehicle theft was relatively stable, fluctuating between just 1.00 and 3.00 incidents. Vandalism cases surged to 8.00 in 2020, although they generally stayed low. These trends could be... Read more
Property Crime Trends in Union County, GA Over the Last 5 Years
Union County, Georgia, has experienced notable fluctuations in property crime over the past five years. Larceny-theft sees the highest frequency with a peak at 40.00 incidents in 2018 and a dip to 18.00 in 2021, before rising again to 34.00 in 2022. Burglary incidents also varied, spiking at 8.00 in 2020 while maintaining lower numbers in other years. Motor vehicle theft remained relatively low with values between 1.00 and 3.00. Vandalism showed an unusual rise to 8.00 cases in 2020 but otherwise maintained lower levels. These data points could be pivotal for those considering investment opportunities or evaluating risk for insurance purposes.
Demographics
Union County, Georgia, shows a fairly balanced gender population with slightly more females. High school graduation is prevalent, though a sizeable number didn't advance beyond some college or an associate's degree. The majority of residents are older adults, especially those between 55 and 74 years. The racial makeup is overwhelmingly White, with very small percentages of other races. This demographic distribution could influence local policies, resource allocation, and community programs,... Read more
Race Distribution in Union County, Georgia (2022)
Educational Attainment in Union County, Georgia (2022)
Age Distribution in Union County, Georgia
Citizen Population in Union County, Georgia (2022)
Political Trends & Data
Union County, Georgia, leaned heavily towards the Republican Party in the 2020 U.S. Presidential Election, pointing to a strong conservative influence. Democrats captured a much smaller share, and the Libertarian presence was minimal, with the Green Party not registering any impact. This voting pattern may shed light on the local political landscape and hint at community values and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In the 2020 U.S. Presidential Election, Union County, Georgia, experienced a significant leaning towards the Republican Party, potentially indicating a strong conservative presence. Democrats garnered a considerably smaller proportion of the vote, whereas the Libertarian presence was minimal, and the Green Party did not register any impact. This distribution of votes could reflect localized political dynamics and voter priorities unique to this area.
81.30% of voters voted for the Republican party in the 2020 Presidential Election
18.00% of voters voted for the Democrat party in the 2020 Presidential Election
0.69% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Union County, Georgia, has consistently maintained a student-to-teacher ratio between 11 and 13 over the past decade, which is below the national average of 14. This suggests potentially smaller class sizes and more individualized attention in local schools, an appealing factor for families and thus a possible draw for real estate investors. Investors, real estate agents, and parents moving to the area might find this indicative of a higher quality of education, contributing to the area's... Read more
Student-to-teacher ratio in Union County, Georgia over the last 10 years
Union County, Georgia, has seen its student-to-teacher ratio fluctuate modestly over the past decade, hovering mostly between 11 and 13 students per teacher. This local average generally stays below the national average of 14 students per teacher, indicating potentially smaller class sizes and more individualized attention in Union County schools. For potential investors, parents looking to move, and real estate agents, this suggests a community with a potentially higher quality of education, which can be a significant draw. Appraisers and insurance agents might also find this metric indicative of a stable and attractive area for long-term investments and policies.
