Bulloch County Real Estate and Livability Trends
Bulloch County, Georgia's real estate market reflects intriguing economic and social dynamics. Median home values stood at $172,500 in 2022, relatively modest compared to the state's median of $245,900. The rise in energy tax credits from $325.00 in 2013 to $1,642.31 in 2021 suggests strong investment in eco-friendly improvements, catering to energy-conscious buyers. Real estate taxes have risen... Read more
Bulloch County Market Trends
Bulloch County, Georgia's median home values hit $172,500 in 2022, which is conservative compared to Georgia's state-wide median of $245,900. Rising energy tax credits, from $325.00 in 2013 to $1,642.31 in 2021, underscore strong investment in energy-efficient improvements, appealing to eco-conscious buyers. Real estate taxes have notably increased, with the average jumping from $1,879.83 in 2012... Read more
Median Value of Occupied Housing Units in Bulloch County, Georgia Over the Last 8 Years
Bulloch County, Georgia's median home values have seen a steady climb over the past eight years, reaching $172,500 in 2022. While this growth is meaningful, it's relatively conservative compared to Georgia's state-wide increase, which hit $245,900 in 2022. Nationally, the median home value was at $179,400 in the same year. This could make Bulloch County a more attractive option for budget-conscious homebuyers or investors looking for gradual appreciation.
Residential Energy Tax Credit Per Tax Return in Bulloch County, GA Over the Last 9 Years
Bulloch County, Georgia has seen significant growth in residential energy tax credits over the past nine years, highlighting increasing investments in energy-efficient improvements. Starting at $325.00 in 2013, the credits have steadily climbed, peaking at $1,642.31 in 2021. This upward trend reflects a strong commitment to sustainable living and energy efficiency in the area, making it an attractive spot for eco-conscious homebuyers and investors looking to capitalize on green incentives.
Average Real Estate Taxes Per Tax Return in Bulloch County, GA Over the Last 10 Years
Bulloch County, Georgia has seen a notable increase in average real estate taxes per tax return over the past decade. From $1,879.83 in 2012 to $3,068.24 in 2021, the trend might suggest rising property values or changes in local tax policies. This upward movement, especially the sharp climbs in 2018 and 2020, could impact decisions for potential investors, homebuyers, and developers considering the area.
Percentage of Farm Returns in Bulloch County, GA Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Bulloch County, Georgia has shown minor fluctuations, modestly dipping from a high of approximately 2.86% in 2012 to about 2.56% in 2021. Farm tax returns, which indicate the proportion of taxpayers reporting farm income, give insight into the agricultural activity and economic health of the region. A gradual decline suggests a potential shift in the local economy or demographic changes impacting farm operations.
Number of Mortgages by Occupancy Type in Bulloch County, GA Over the Last 5 Years in Bulloch County
Over the past five years in Bulloch County, Georgia, there's been a noticeable fluctuation in the number of mortgages across different occupancy types. Principal Residence mortgages have seen a significant dip from 2021 to 2022, while Investment Properties have also decreased steadily. Trends in Second Residence mortgages are minor in volume but similarly show a downward pattern. These shifts in occupancy types could impact decisions for investors assessing market stability, appraisers gauging property values, and insurance agents adjusting risk assessments. For those looking to move or build in the area, understanding these trends provides insight into market demands and potential future developments in the county. Real estate agents and potential residents should note these patterns, which may indicate changing preferences or economic conditions influencing the housing market in Bulloch County.
Economic Outlook
In Bulloch County, Georgia, the average taxable income per tax return has climbed from $44,050.83 in 2013 to $62,311.00 in 2021, indicating a potentially growing local economy. The average state and local income taxes per tax return soared from $4,714.45 in 2012 to $12,370.49 in 2021, pointing to higher incomes or adjusted tax policies. The average total tax liability also rose steadily, from $6,975.08 in 2012 to $10,630.43 in 2021, highlighting economic growth and possibly increasing property... Read more
Average Taxable Income per Tax Return in Bulloch County, GA over the last 9 years
In Bulloch County, Georgia, the average taxable income per tax return has shown a consistent upward trend over the past nine years, climbing from $44,050.83 in 2013 to $62,311.00 in 2021. This notable increase suggests a potentially growing local economy and might indicate rising wages and employment opportunities. Such a trend could be pivotal for investors, prospective residents, and developers as it implies a steadily improving financial environment and possibly increasing property values.
Average State and Local Income Taxes Per Tax Return in Bulloch County, GA Over the Last 10 Years
Over the past decade, Bulloch County, Georgia has seen a significant rise in average state and local income taxes per tax return. Notably, there's been a marked increase from $4,714.45 in 2012 to a staggering $12,370.49 in 2021. This upward trend underscores the county's evolving economic landscape, potentially influencing decisions for investors, future residents, and property developers. The exponential rise in taxes may reflect higher incomes or adjusted tax policies, pointing to a robust economic growth that warrants attention.
Average Total Tax Liability Per Tax Return in Bulloch County, GA Over the Last 10 Years
Over the last decade, Bulloch County, Georgia has seen a steady increase in the average total tax liability per tax return, highlighting a significant rise from $6,975.08 in 2012 to $10,630.43 in 2021. This consistent upward trend signals robust economic growth and potentially increasing property values, making the area attractive for investors and developers. For residents and potential new movers, this also underscores a stable fiscal environment, though it may suggest a higher cost of living over time.
Cost of Living in Bulloch County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,206 | $1,383 | $1,809 | $1,163 | $1,132 |
| 1 adult 4 children | $1,206 | $1,130 | $1,384 | $1,163 | $1,192 |
| 2 adults 3 children | $1,206 | $1,130 | $1,569 | $1,163 | $907 |
| 1 adult 3 children | $1,206 | $923 | $1,144 | $1,163 | $964 |
| 2 adults 2 children | $887 | $925 | $1,330 | $1,015 | $777 |
| 1 adult 2 children | $887 | $691 | $905 | $1,015 | $704 |
| 2 adults 1 child | $887 | $731 | $1,090 | $534 | $739 |
| 1 adult 1 child | $887 | $472 | $665 | $534 | $624 |
| 2 adults | $711 | $587 | $851 | $0 | $628 |
| 1 adult | $706 | $320 | $425 | $0 | $559 |
Safety trends & Data
Bulloch County, Georgia has experienced varied property crime trends over the past five years. Larceny-theft remained the most reported crime, peaking at 248 cases in 2018. Although burglary numbers have dropped significantly from 33 in 2018 to just 7 in 2020, they saw a minor uptick afterward. An unusual spike in arson cases to six in 2021 and rising fraud cases, which hit 37 in 2022, could influence insurance premiums and real estate investments. These mixed trends imply the necessity for... Read more
Property Crime Trends in Bulloch County, GA Over the Last 5 Years
Bulloch County, Georgia has seen varied trends in property crimes over the past five years. Larceny-Theft consistently remains the most reported crime, peaking at 248 cases in 2018 and fluctuating afterward, indicating potential areas for targeted security enhancements. Arson, while infrequent, saw an unusual spike to six cases in 2021. Noteworthy drops are evident in burglary cases, plummeting from 33 in 2018 to just 7 in 2020, before slightly rising again. Insurance agents and real estate investors should take note of the rising fraud cases, particularly 37 in 2022, signaling potential increases in claims or implications for property values. Overall, mixed trends suggest the need for vigilant security measures for residents and businesses alike.
Demographics
Bulloch County, Georgia showcases a balanced gender distribution, with a modestly higher number of females than males. The educational landscape reveals a strong representation of high school graduates and those with some college experience but falling short of a degree. A youthful demographic prevails, with notable concentrations in the 20-24 and 25-34 age groups, likely reflective of a vibrant college community. Racially, the county is predominantly White, with a significant African American... Read more
Race Distribution in Bulloch County, Georgia (2022)
Educational Attainment in Bulloch County, Georgia (2022)
Age Distribution in Bulloch County, Georgia
Citizen Population in Bulloch County, Georgia (2022)
Political Trends & Data
Bulloch County, Georgia, appears to lean strongly Republican, with about 61.1% of the 2020 U.S. Presidential Election votes likely going to the GOP. Democrats seemingly secured around 37.4%, while third parties like the Libertarian Party only managed close to 1.5%. This electoral behavior suggests a solid conservative presence with minimal impact from smaller... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Bulloch County, Georgia, the 2020 U.S. Presidential Election results showed Republicans likely leading with about 61.1% of the vote, while Democrats seemingly garnered around 37.4%. The Libertarian Party had a minimal presence, receiving nearly 1.5%. The Green Party and other minor parties did not appear to capture any significant portion of the electorate. This distribution highlights a clear Republican preference in the county, with Democrats trailing significantly and third parties barely making an impact.
61.12% of voters voted for the Republican party in the 2020 Presidential Election
37.37% of voters voted for the Democrat party in the 2020 Presidential Election
1.51% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Bulloch County, Georgia's student-to-teacher ratios have fluctuated over the last decade, peaking at 16:1 in 2015 and gradually declining to just over 14:1 in 2023. These improving ratios, which are now slightly better than the national average, might make the area more appealing to families prioritizing quality education. Potential investors and real estate agents could see this trend as a positive factor, while appraisers and insurance agents might view it as a contributor to rising property... Read more
Student-to-teacher ratio in Bulloch County, Georgia over the last 10 years
Bulloch County, Georgia's student-to-teacher ratios show a fluctuating trend over the last decade, peaking at 16 students per teacher in 2015 and seeing a gradual decline to just over 14 in 2023. Despite these variations, it is notable that current ratios are now slightly better than the national average of 14 students per teacher. These changes could influence potential investors and real estate agents, given that lower student-to-teacher ratios might make the area more appealing to families prioritizing quality education. Additionally, appraisers and insurance agents could view improved ratios as a factor in rising property values, while developers might see an opportunity in building family-oriented housing.
