Charlton County Real Estate and Livability Trends
Charlton County, Georgia's real estate market shows promising signs for potential investors, reflecting a significant increase in median home values from $82,000 in 2015 to $107,500 in 2022. Its affordability compared to state and national averages indicates potential for growth. The rise in residential energy tax credits to $800.00 by 2021 suggests a growing focus on sustainable living. Home... Read more
Charlton County Market Trends
Charlton County, Georgia's real estate market reveals intriguing trends. Median home values spiked from $82,000 in 2015 to $107,500 in 2022, significantly lower than state and national averages, suggesting investment potential due to its affordability. Energy-efficient improvements are on the rise, evidenced by the jump in residential energy tax credits from $340.00 in 2013 to $800.00 in 2021,... Read more
Median Value of Occupied Housing Units in Charlton County, Georgia Over the Last 8 Years
Charlton County, Georgia has seen a steady climb in median home values over the past eight years, jumping from $82,000 in 2015 to $107,500 in 2022. This local increase is particularly interesting when compared to the broader trends seen at the state and national levels. While Georgia's median home values surged from $148,100 to $245,900, and national values rose from $125,500 to $179,400 over the same period, Charlton County remains significantly more affordable. This could imply potential for investment due to its relative affordability amidst rising property values.
Residential Energy Tax Credit Per Tax Return in Charlton County, GA Over the Last 6 Years
Residential energy tax credits in Charlton County, Georgia, have shown a significant upward trend over the past six years, with a marked increase from $340.00 in 2013 to $800.00 in 2021. Notably, the escalation between 2019 and 2021, from $650.00 to $800.00, suggests rising investments in energy-efficient home improvements. This trend is crucial for prospective investors and current residents, highlighting the county’s commitment to sustainable living, which can translate into long-term savings and potential increases in property value.
Average Real Estate Taxes Per Tax Return in Charlton County, GA Over the Last 10 Years
Charlton County, Georgia has seen a somewhat volatile trend in average real estate taxes per tax return over the last decade. Notably, there was a significant rise from $2,573.33 in 2018 to $3,358.33 in 2019, indicating potential fluctuations in property values or tax policies. This trend continued with a peak of $3,372.73 in 2021. Such variability could be crucial for investors and potential homeowners who need to budget for property expenditures. It’s worth keeping an eye on these trends, as they may impact long-term investment and financial planning.
Percentage of Farm Returns in Charlton County, GA Over the Last 10 Years
Over the past decade in Charlton County, Georgia, the proportions of farm tax returns have shown a slight upward trend, starting at around 2.29% in 2012 and reaching approximately 2.84% in 2021. Farm tax returns indicate the percentage of income reported by farmers in this region. This uptick might suggest incremental growth in the agricultural sector. For prospective investors, property developers, or new residents, this trend could hint at a subtle yet steady increase in agricultural activity, possibly translating into opportunities in agribusiness or rural development.
Number of Mortgages by Occupancy Type in Charlton County, GA Over the Last 5 Years in Charlton County
Mortgage activity trends in Charlton County, Georgia, show a significant skew toward principal residences, with the number of mortgages for primary homes consistently higher than those for investment or second properties. In 2022, principal residence mortgages reached a notable 436, compared to a modest 21 for investment properties and just 6 for second homes. This suggests a predominant demand for long-term occupancy, potentially driving the housing market in ways that could affect property values and rental potential. For investors, insurance agents, and real estate developers, understanding these trends is crucial since a market saturated with primary homeowners may influence property turnover rates and insurance needs differently than one led by transient or investment-based ownership. This type of nuanced understanding helps identify market opportunities and risks that could impact financial decisions and strategic planning.
Economic Outlook
Charlton County, Georgia, has experienced a gradual increase in average taxable income per tax return from $36,714.25 in 2013 to $48,908.14 in 2021, possibly indicating steady economic growth. Concurrently, the rise in average state and local income taxes, with a notable dip in 2017 and 2018, and the peak in total tax liability in 2021 at $5,777.59 suggest both improved local services and a rising tax burden. These trends might appeal to investors and new residents seeking a growing community,... Read more
Average Taxable Income per Tax Return in Charlton County, GA over the last 9 years
Charlton County, Georgia, has seen a gradual increase in average taxable income per tax return over the past nine years, rising from approximately $36,714.25 in 2013 to roughly $48,908.14 in 2021. This upward trend could suggest a steady economic improvement in the area, potentially making it more attractive for investors and new residents. For existing homeowners, this might translate into rising property values, while those considering relocation or investment might see promising prospects in this growing community.
Average State and Local Income Taxes Per Tax Return in Charlton County, GA Over the Last 10 Years
Over the last decade, Charlton County, Georgia has seen a general rise in average state and local income taxes per tax return, with a notable dip in 2017 and 2018. Starting at $3,718.03 in 2012 and hitting $4,483.33 in 2021, the trend indicates an overall increase that potential investors and residents should consider. This progression suggests a growing economic activity and possibly improved local services, but also an increasing tax burden for those living in or moving to the area.
Average Total Tax Liability Per Tax Return in Charlton County, GA Over the Last 10 Years
Over the last decade, Charlton County, Georgia has seen a noticeable fluctuation in average total tax liability per tax return, peaking significantly in 2021 at $5,777.59. This steady rise and occasional dip hint at underlying economic shifts and potentially attractive conditions for prospective investors and residents aiming for more predictable tax environments. The climb from $4,221.92 in 2012 to its most recent high suggests a growing or resilient local economy, possibly driven by developments that could be of interest to those eyeing property investments or relocation.
Cost of Living in Charlton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,097 | $1,556 | $1,425 | $1,048 | $1,051 |
| 1 adult 4 children | $1,097 | $1,271 | $1,087 | $1,048 | $1,146 |
| 2 adults 3 children | $1,097 | $1,271 | $1,237 | $1,048 | $863 |
| 1 adult 3 children | $1,097 | $1,038 | $899 | $1,048 | $890 |
| 2 adults 2 children | $772 | $1,041 | $1,050 | $908 | $716 |
| 1 adult 2 children | $772 | $777 | $712 | $908 | $642 |
| 2 adults 1 child | $772 | $823 | $863 | $454 | $687 |
| 1 adult 1 child | $772 | $531 | $525 | $454 | $581 |
| 2 adults | $684 | $661 | $676 | $0 | $633 |
| 1 adult | $648 | $360 | $338 | $0 | $553 |
Safety trends & Data
Charlton County, Georgia, has seen significant fluctuations in property crime over the last five years, with larceny-theft incidents peaking at 33 cases in 2018 before dropping to 10 by 2021. Burglary cases also saw a drop from 12 in 2018 to just 1 in 2021, though they rose slightly to 7 in 2022. Motor vehicle thefts and fraud incidents peaked and then declined over the same period. These trends may offer insights for those involved in real estate, insurance, and investment, highlighting... Read more
Property Crime Trends in Charlton County, GA Over the Last 5 Years
Charlton County, Georgia, has experienced notable fluctuations in property crimes over the last five years. The number of larceny-theft incidents saw a peak in 2018 with 33 reported cases, dropping significantly by 2021 to 10 cases. Similarly, burglary incidents dramatically decreased from 12 in 2018 to just 1 in 2021, though there was a slight increase to 7 incidents in 2022. The trend in motor vehicle thefts also reflects fluctuation, with incidents dropping from 11 in 2018 to just 1 in 2022. Fraud incidents peaked in 2019 with 11 cases, declining to lower figures by 2020. These variations could be telling for those in real estate, insurance, and investment, as they suggest evolving local risks and the potential impact on property values and insurance premiums.
Demographics
In Charlton County, Georgia, males slightly outnumber females, highlighting a gender imbalance in the adult population. Educational attainment shows a substantial proportion of residents have only a high school degree, suggesting potential challenges in access to higher education. Age distribution reveals a balanced spread across various age groups, but lower numbers in the younger adult category might indicate migration for education or work. Racially, the county is predominantly White, with... Read more
Race Distribution in Charlton County, Georgia (2022)
Educational Attainment in Charlton County, Georgia (2022)
Age Distribution in Charlton County, Georgia
Citizen Population in Charlton County, Georgia (2022)
Political Trends & Data
Charlton County, Georgia, exhibited a notable preference for Republican candidates in the 2020 U.S. Presidential Election, with about 75% of the vote. Democrats received around 24%, while Libertarians barely made a mark with under 1%. This trend hints at a solid Republican stronghold, potentially influencing local policy and development priorities, which might also affect real estate... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Charlton County, Georgia, the 2020 U.S. Presidential Election saw Republicans capturing a significant lead with roughly 75% of the vote, while Democrats garnered close to 24%. Libertarians trailed far behind with just under 1%. These figures suggest a strong Republican dominance in this area, with limited support for third-party candidates.
74.88% of voters voted for the Republican party in the 2020 Presidential Election
24.16% of voters voted for the Democrat party in the 2020 Presidential Election
0.96% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Charlton County, Georgia, has gradually lowered its student-to-teacher ratio from 16:1 in 2014 to about 14:1 in 2023. This trend, nearing the national average, indicates improved individual attention in classrooms, potentially boosting the appeal of the area for families. For real estate and appraisal professionals, this reduction might signal a more supportive educational environment and enhanced community... Read more
Student-to-teacher ratio in Charlton County, Georgia over the last 10 years
Charlton County, Georgia, has seen a gradual decrease in its student-to-teacher ratio over the past decade, starting at around 16 students per teacher in 2014 and reaching approximately 14 in 2023. This shift means the ratio has moved closer to the national average of 14 students per teacher, potentially signaling improved individual attention in classrooms. For investors, real estate agents, and those considering a move, a lower student-to-teacher ratio could enhance the appeal of the local education system, suggesting a more supportive learning environment. Appraisers and insurance agents might also view this trend as a positive indicator of community value and stability.
