Barrow County Real Estate and Livability Trends
Barrow County, Georgia is seeing economic shifts, as evidenced by rising median home values from $183,200 in 2021 to $228,400 in 2022, outpacing state and national trends. The increase in average taxable income from $44,642.95 in 2013 to $63,885.28 by 2021 also suggests growing economic stability. Concurrently, residents' contributions via state and local income taxes surged, which could reflect... Read more
Barrow County Market Trends
Barrow County, Georgia, has experienced a noticeable upward trajectory in median home values over the past eight years, peaking dramatically from $183,200 in 2021 to $228,400 in 2022, surpassing both state and national trends. The area also saw a significant boost in residential energy tax credits, reaching $1,507.14 per return in 2021, hinting at increased investment in energy efficiency or... Read more
Median Value of Occupied Housing Units in Barrow County, Georgia Over the Last 8 Years
In Barrow County, Georgia, the median home values have seen a consistent upward trend over the past eight years, with a significant spike from 2021 ($183,200) to 2022 ($228,400). This increase outpaces both the state and national trends, with Georgia's median values growing from $148,100 in 2015 to $245,900 in 2022, and the national median rising from $125,500 to $179,400 in the same period. This sharp growth makes Barrow County an intriguing option for investors and homebuyers, potentially indicating a strong local market and promising returns on real estate investments.
Residential Energy Tax Credit Per Tax Return in Barrow County, GA Over the Last 9 Years
Barrow County, Georgia, has seen a dramatic rise in average residential energy tax credits per tax return over the last nine years, peaking at $1,507.14 in 2021 from $338.81 in 2013. Significant jumps, particularly in 2018 and 2021, suggest increased investment in residential energy efficiency or renewable energy installations. This trend indicates a growing local emphasis on sustainability, making the area increasingly attractive for eco-conscious investors, homeowners, and builders.
Average Real Estate Taxes Per Tax Return in Barrow County, GA Over the Last 10 Years
Over the past decade, Barrow County, Georgia has seen a significant increase in average real estate taxes per tax return, nearly doubling from $1,628.39 in 2012 to $3,620.00 in 2021. This upward trend might indicate a robust local real estate market and could reflect rising property values or changes in local tax policy. Investors, prospective property buyers, and residents might find these insights useful for gauging future financial commitments and understanding broader economic conditions in the area.
Percentage of Farm Returns in Barrow County, GA Over the Last 10 Years
Farm tax returns in Barrow County, Georgia have been showing a subtle yet noticeable downward trend over the last decade, fluctuating around 0.88% in 2012 and down to approximately 0.59% by 2021. This gradual decline suggests potential shifts in the county's agricultural landscape, which could be of interest to those considering investment opportunities, or property development in the area. Investors and residents alike might find the changing economic focus relevant as it may reflect broader socioeconomic trends within the county.
Number of Mortgages by Occupancy Type in Barrow County, GA Over the Last 5 Years in Barrow County
The mortgage trends in Barrow County, Georgia, over the last five years show variability in occupancy type, with principal residences consistently leading the chart. Observing how investment property mortgages have steadily increased suggests growing investor interest, while second residences remain relatively flat. Understanding these shifts is crucial for stakeholders like real estate investors and builders, as they signal changing demand and potential growth areas. Appraisers and insurance agents benefit too, as the diverse occupancy mix impacts property valuations and risk assessments. These nuances help predict market dynamics and make informed decisions in Barrow County.
Economic Outlook
Barrow County, Georgia has witnessed a rise in average taxable income per tax return from $44,642.95 in 2013 to an estimated $63,885.28 by 2021, likely signaling growing economic stability. Concurrently, average state and local income taxes have increased, from $3,715.89 in 2012 to $6,534.53 in 2021, suggesting residents are contributing more towards local governance. This uptick in fiscal contributions could reflect positive economic developments. Additionally, the average total tax liability... Read more
Average Taxable Income per Tax Return in Barrow County, GA over the last 9 years
Average taxable income per tax return in Barrow County, Georgia has seen a steady upward trend over the past nine years. Starting at $44,642.95 in 2013, it has risen to potentially around $63,885.28 by 2021. This could indicate growing economic stability and higher earning potential for residents, making it an attractive area for investors, new movers, and businesses looking to establish or expand. The notable increase, especially post-2017, hints at robust local developments and a thriving job market that might benefit the community and those planning to build or invest in property.
Average State and Local Income Taxes Per Tax Return in Barrow County, GA Over the Last 10 Years
Over the last decade, Barrow County, Georgia has experienced a significant rise in average state and local income taxes per tax return, growing from $3,715.89 in 2012 to $6,534.53 in 2021. This upward trend highlights the increasing financial contributions by residents towards local governance, insinuating economic growth and possibly higher income levels in the area. Notably, there was a sharp jump starting in 2017 through 2018, maintaining a steep incline thereafter, which could reflect changes in local tax policies or a robust economic development phase. For investors and potential residents, this pattern may indicate a flourishing community with expanding fiscal contributions supporting enhanced local infrastructure and services.
Average Total Tax Liability Per Tax Return in Barrow County, GA Over the Last 10 Years
Over the last decade, Barrow County, Georgia has seen a significant increase in the average total tax liability per tax return, jumping from $5,843.68 in 2012 to $9,052.05 in 2021. This upward trend indicates a growing financial burden on residents, likely reflecting rising property values, incomes, or tax rate adjustments. For potential investors or those considering moving to the area, understanding these tax dynamics is crucial for financial planning and assessing the overall economic health of Barrow County.
Cost of Living in Barrow County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,533 | $1,588 | $1,977 | $1,313 | $1,662 |
| 1 adult 4 children | $1,533 | $1,297 | $1,512 | $1,313 | $1,737 |
| 2 adults 3 children | $1,533 | $1,298 | $1,715 | $1,313 | $1,373 |
| 1 adult 3 children | $1,533 | $1,059 | $1,250 | $1,313 | $1,483 |
| 2 adults 2 children | $1,260 | $1,062 | $1,453 | $1,148 | $1,129 |
| 1 adult 2 children | $1,260 | $793 | $988 | $1,148 | $1,154 |
| 2 adults 1 child | $1,260 | $840 | $1,191 | $614 | $1,046 |
| 1 adult 1 child | $1,260 | $542 | $727 | $614 | $917 |
| 2 adults | $1,115 | $674 | $930 | $0 | $897 |
| 1 adult | $1,091 | $368 | $465 | $0 | $760 |
Safety trends & Data
Barrow County, Georgia’s real estate market might be notably impacted by fluctuating property crime patterns over the past five years. Key trends include consistently high larceny-theft rates peaking at 143 cases in 2018 and 2020, and a drop in burglary arrests from 9 in 2018 to 4 in 2022. Vandalism spikes to 57 instances in 2021 may be a growing concern for property investors. Lesser but sporadic instances of motor vehicle theft, fraud, and stolen property suggest these crimes aren't... Read more
Property Crime Trends in Barrow County, GA Over the Last 5 Years
The trends over the past five years in Barrow County, Georgia suggest fluctuating patterns in various property crimes, with notable spikes and dips in specific categories. While larceny-theft consistently reports high numbers, hitting a peak of 143 in both 2018 and 2020, there’s a marked decrease in burglary arrests, starting strong with 9 in 2018 but dropping to just 4 in 2022. Vandalism exhibits a concerning rise in instances, peaking at 57 in 2021, which may flag it as a growing concern for potential property investors. The relatively low but sporadic numbers in motor vehicle theft, fraud, and stolen property suggest these crimes are present but not dominant. These trends provide essential insights for real estate professionals, appraisers, and insurance agents assessing risk and property value in Barrow County.
Demographics
Barrow County, Georgia, shows a fairly balanced gender distribution, with slightly more females than males. Educational attainment reveals significant numbers with a high school diploma or higher, but a relatively small proportion holding a graduate degree. The age distribution indicates a reasonable representation across all age groups, with notable spikes in the under-10 and 25-34 age brackets, hinting at a young population starting families. The racial composition is predominantly White,... Read more
Race Distribution in Barrow County, Georgia (2022)
Educational Attainment in Barrow County, Georgia (2022)
Age Distribution in Barrow County, Georgia
Citizen Population in Barrow County, Georgia (2022)
Political Trends & Data
In Barrow County, Georgia, the 2020 U.S. Presidential Election results hint at a Republican stronghold, with the party possibly securing over 70% of the vote. Democrats might have captured around 28%, and Libertarians just under 2%. The apparent two-party preference observed here could signal deeper political inclinations in the area, influencing local policy and community perspectives. This political landscape might impact various local events, developments, and voter behavior... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Barrow County, Georgia, the 2020 U.S. Presidential Election results appeared to heavily favor the Republican party, which likely secured just over 70% of the vote. Democrats seemingly commanded around 28%, while Libertarians might have garnered just under 2%. The notable absence of votes for the Green party and other candidates indicates a potentially strong two-party preference within this county. These trends may reflect regional political inclinations and could provide insight into voter behavior and party support in Barrow County.
70.68% of voters voted for the Republican party in the 2020 Presidential Election
27.57% of voters voted for the Democrat party in the 2020 Presidential Election
1.75% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Barrow County, Georgia has seen a slight drop in its student-to-teacher ratio over the past decade, from 15 students per teacher in 2014 to around 14 recently, aligning with the national average. This trend could be significant for investors, real estate developers, and families eyeing the area, as it might reflect smaller class sizes and better education quality, which can boost the county's appeal. Insurance agents and appraisers might also note this improvement, as better school system... Read more
Student-to-teacher ratio in Barrow County, Georgia over the last 10 years
Barrow County, Georgia has generally seen a slight decrease in its student-to-teacher ratio over the past decade, moving from 15 students per teacher in 2014 to around 14 in recent years. This is closely aligned with the national average of 14 students per teacher. Such ratios could be important for potential investors, real estate developers, and families considering moving into the area as they might reflect on class sizes, which can impact the quality of education and ultimately the desirability of the county. Insurance agents and appraisers might also take note as better student-teacher ratios can indicate a stable or improving school system, potentially affecting property values and insurance premiums.
