Catoosa County Real Estate and Livability Trends
Catoosa County, Georgia has seen a significant rise in median home values, climbing from $129,800 in 2015 to $191,200 in 2022, indicating an appealing real estate market for buyers prioritizing affordability. This period also includes a near doubling of real estate taxes per tax return, which points to a strengthening local economy. Interestingly, while the number of mortgages for principal... Read more
Catoosa County Market Trends
Catoosa County, Georgia has seen median home values grow from $129,800 in 2015 to $191,200 in 2022, making it attractive for buyers seeking affordability compared to the state and national averages. Residential energy tax credits have fluctuated, suggesting an intermittent but growing interest in energy-efficient home improvements. Real estate taxes per tax return rose from approximately... Read more
Median Value of Occupied Housing Units in Catoosa County, Georgia Over the Last 8 Years
Median home values in Catoosa County, Georgia have experienced steady growth over the past eight years, jumping from $129,800 in 2015 to $191,200 in 2022. While Catoosa County's values lag behind the Georgia state average, which soared from $148,100 in 2015 to $245,900 in 2022, they still show attractive growth, particularly for those looking to invest in a comparatively affordable market. Nationally, the trend is similar, but Catoosa County's pace slightly outstrips the U.S. median, which grew from $125,500 in 2015 to $179,400 in 2022. This trend might appeal to potential homeowners and investors seeking robust growth in a less competitive market.
Residential Energy Tax Credit Per Tax Return in Catoosa County, GA Over the Last 9 Years
Catoosa County, Georgia, has seen fluctuating trends in residential energy tax credits per tax return. Significant spikes in 2017 ($470.00) and notably in 2018 ($1,450.00) suggest increased investments in energy-efficient home improvements. Although the average settled back down to around $490.91 in 2020, it climbed again in 2021 to $842.31. This pattern indicates a growing awareness and adoption of energy-saving measures, shaping future residential developments and investment opportunities in the area.
Average Real Estate Taxes Per Tax Return in Catoosa County, GA Over the Last 10 Years
Real estate taxes per tax return in Catoosa County, Georgia have been steadily increasing over the past decade, starting at approximately $1,580.59 in 2012 and rising to about $3,073.72 by 2021. This upward trend could indicate a growing local economy and potentially higher property values, making it a possibly attractive area for investors. However, prospective residents and developers might also want to weigh these rising taxes against benefits like public services and infrastructure improvements in the area.
Percentage of Farm Returns in Catoosa County, GA Over the Last 10 Years
In Catoosa County, Georgia, the percentage of farm returns has shown a general decline over the past decade, hinting at a decreasing agricultural presence. Although there were slight upticks in 2015 and 2018, the overall trend points downward, dropping from approximately 0.96% in 2012 to around 0.83% in 2021. Farm tax returns represent a critical data point for assessing the agricultural production and economic contribution of farms in the region. For investors or those considering relocation, this trend could indicate shifts in land use, possibly towards more residential or commercial development, and may impact property values and community planning.
Number of Mortgages by Occupancy Type in Catoosa County, GA Over the Last 5 Years in Catoosa County
Over the last five years in Catoosa County, Georgia, there has been a notable decrease in the number of mortgages for principal residences, from 5409 in 2021 to just 3750 in 2022. Investment property mortgages also saw a drop, while second residences remained relatively steady with minor fluctuations. These shifts in mortgage types can indicate changing economic conditions, demand patterns, or investment strategies, impacting property values, rental markets, and insurance risks. Investors and real estate professionals should closely monitor these trends to make informed decisions about property development and investment in the area.
Economic Outlook
Catoosa County, Georgia has experienced a notable rise in average taxable income per tax return, growing from $46,562.72 in 2013 to $61,547.06 in 2021, with significant jumps observed between 2017-2018 and 2020-2021. During the same period, average state and local income taxes nearly doubled, climbing from $4,369.44 in 2012 to $8,515.67 in 2021, indicating a higher financial contribution from residents. The total tax liability per tax return also rose significantly, from $5,996.33 in 2012 to... Read more
Average Taxable Income per Tax Return in Catoosa County, GA over the last 9 years
Catoosa County, Georgia has generally seen a steady increase in average taxable income per tax return over the past nine years. In 2013, the average taxable income was $46,562.72, and by 2021, it had risen to $61,547.06. The most significant jumps were observed from 2017 to 2018 and 2020 to 2021, suggesting potential periods of economic growth or higher earning capacity. This upward trend could be attractive to investors, potential residents, and property developers considering the region's economic prospects.
Average State and Local Income Taxes Per Tax Return in Catoosa County, GA Over the Last 10 Years
Catoosa County, Georgia has seen a significant increase in average state and local income taxes per tax return over the past decade. Starting at $4,369.44 in 2012, the average tax per return climbed to $8,515.67 by 2021. Particularly notable was the surge between 2017 and 2018, jumping from $5,394.50 to $7,841.18. This trend indicates growing financial contributions at the local level, which could impact the overall cost of living and inform decisions for potential investors and residents.
Average Total Tax Liability Per Tax Return in Catoosa County, GA Over the Last 10 Years
Catoosa County has seen a significant rise in average total tax liability per tax return over the last decade. In 2012, the liability was $5,996.33 and it steadily increased, peaking at $8,374.18 in 2021. This growth reflects economic changes and potentially rising incomes in the area, marking Catoosa County as a dynamic location with increasing financial contributions from its residents. Investors and property developers should note this upward trend as it highlights the area's economic expansion and potential for sustained growth.
Cost of Living in Catoosa County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,241 | $1,480 | $1,826 | $1,313 | $1,310 |
| 1 adult 4 children | $1,241 | $1,209 | $1,396 | $1,313 | $1,415 |
| 2 adults 3 children | $1,241 | $1,209 | $1,585 | $1,313 | $1,085 |
| 1 adult 3 children | $1,241 | $987 | $1,154 | $1,313 | $1,171 |
| 2 adults 2 children | $965 | $990 | $1,344 | $1,148 | $924 |
| 1 adult 2 children | $965 | $739 | $913 | $1,148 | $886 |
| 2 adults 1 child | $965 | $782 | $1,102 | $614 | $860 |
| 1 adult 1 child | $965 | $505 | $672 | $614 | $715 |
| 2 adults | $831 | $628 | $861 | $0 | $715 |
| 1 adult | $823 | $343 | $431 | $0 | $622 |
Safety trends & Data
Catoosa County, Georgia has experienced varied property crime trends over the past five years. Larceny-theft consistently led the numbers, peaking at 276 incidents in 2018. Burglary cases increased to 33 in 2022 after previous declines, while motor vehicle thefts remained stable around 18 annually. Vandalism showed an encouraging decline from 42 instances in 2018 to 16 in 2022. These insights could be critical for potential investors, insurance agents, and residents when evaluating property... Read more
Property Crime Trends in Catoosa County, GA Over the Last 5 Years
Over the past five years, Catoosa County, Georgia has seen notable fluctuations in property crimes. Larceny-theft has consistently topped the charts, peaking at 276 incidents in 2018 and maintaining a relatively high count each year. Burglary, although lower in numbers, showed an upward trend in 2022 with 33 reported cases after a decline in preceding years. Motor vehicle theft figures have remained relatively stable, hovering around 18 cases annually. Meanwhile, incidents of vandalism saw a gradual decrease over the period, from 42 in 2018 to 16 in 2022. Understanding these trends can be crucial for potential investors, insurance agents, and residents assessing the safety and risk factors associated with their property decisions in the area.
Demographics
Catoosa County, Georgia skews slightly female, with women making up a bit more than half of the adult population. The county's educational attainment reflects a strong high school graduation rate with a significant portion having some college experience or an associate's degree. The age distribution demonstrates a balanced spread, though it's notable that those aged 25 to 54 form the largest age groups. The racial composition is predominantly White, while other races like Black or African... Read more
Race Distribution in Catoosa County, Georgia (2022)
Educational Attainment in Catoosa County, Georgia (2022)
Age Distribution in Catoosa County, Georgia
Citizen Population in Catoosa County, Georgia (2022)
Political Trends & Data
Catoosa County, Georgia, demonstrated a notable Republican inclination in the 2020 U.S. Presidential Election, where Republicans may have captured around 77% of the vote. Democrats possibly received approximately 21%, with Libertarians securing a minor share at just over 1.5%. The voting pattern could hint at the county's strong Republican... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Catoosa County, Georgia showed a significant lean towards the Republican party in the 2020 U.S. Presidential Election, with Republicans potentially securing around 77% of the vote, compared to possibly about 21% for Democrats. Libertarians garnered a minor share, likely at just over 1.5%, while other parties appeared to have negligible or no impact. This voting pattern might indicate a strong Republican tendency in this particular area.
77.22% of voters voted for the Republican party in the 2020 Presidential Election
21.27% of voters voted for the Democrat party in the 2020 Presidential Election
1.52% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Catoosa County, Georgia has experienced a gradual decrease in its student-to-teacher ratio, moving from nearly 16:1 in 2014 to under 13:1 by 2023. This positive trend creates a more favorable educational environment than the national average of about 14:1. For home buyers, investors, and real estate agents, this improvement may enhance property values and attract families looking for quality education. Lower student-to-teacher ratios may also boost school performance ratings, which could be a... Read more
Student-to-teacher ratio in Catoosa County, Georgia over the last 10 years
Over the last decade, Catoosa County, Georgia has seen a gradual decrease in its student-to-teacher ratio, starting at almost 16:1 in 2014 and dropping to under 13:1 by 2023. This trend suggests an increasingly favorable educational environment compared to the current US national average of about 14 students per teacher. Lower student-to-teacher ratios could potentially enhance individual student attention and educational outcomes, which may appeal to families considering a move to the area. For investors, real estate agents, and appraisers, these educational improvements can be a strong selling point that might positively affect property values. Lower ratios may also lead to better school performance ratings, an important factor for insurance agents assessing risk.
