Cherokee County Real Estate and Livability Trends
Cherokee County, Georgia has seen notable economic and real estate growth over recent years. Average taxable income per tax return rose from $65,263.04 in 2013 to $98,095.75 in 2021, suggesting rising affluence and making the area attractive to investors. Median home values climbed from $190,500 in 2015 to $358,400 in 2022, far outpacing state and national growth rates. Meanwhile, property crime... Read more
Cherokee County Market Trends
In Cherokee County, Georgia, median home values have surged from $190,500 in 2015 to $358,400 in 2022, outpacing both state and national growth rates. This robust climb suggests potentially favorable conditions for investors and homeowners. The county has also seen spikes in residential energy tax credits, peaking at $1,504.35 in 2018, highlighting a trend towards energy-efficient home... Read more
Median Value of Occupied Housing Units in Cherokee County, Georgia Over the Last 8 Years
The median home values in Cherokee County, Georgia have seen a significant rise from $190,500 in 2015 to $358,400 in 2022, reflecting robust growth in the housing market. This upward trend outpaces both the statewide increase in Georgia, climbing from $148,100 to $245,900 over the same period, and the national growth from $125,500 to $179,400. This trajectory might indicate favorable conditions for investors and homeowners, suggesting Cherokee County could offer strong housing market potential compared to broader state and national trends.
Residential Energy Tax Credit Per Tax Return in Cherokee County, GA Over the Last 9 Years
Cherokee County, Georgia has seen a notable upward trend in residential energy tax credits per tax return over the past nine years, with particularly significant spikes in 2018 ($1,504.35) and 2021 ($1,007.59). These increases suggest rising investments in energy-efficient home improvements, making the area appealing for eco-conscious residents and investors.
Average Real Estate Taxes Per Tax Return in Cherokee County, GA Over the Last 10 Years
Over the last decade, Cherokee County, Georgia has seen a noticeable increase in real estate taxes per tax return, rising from around $2,259.18 in 2012 to $4,438.62 by 2021. This upward trend could suggest growing property values and investment potential in the area. For those looking to invest in, move to, or build property here, this may indicate a robust real estate market, though it could also mean higher costs associated with home ownership.
Percentage of Farm Returns in Cherokee County, GA Over the Last 10 Years
Farm tax returns in Cherokee County, Georgia, have seen a general decline over the past decade. Starting from approximately 0.51% in 2012, the percentage of farm returns has gradually decreased to roughly 0.37% in 2021. This downward trend might suggest a shift away from agricultural activities, possibly highlighting urbanization or changes in land use patterns. For those considering investment, moving, or developing property, it's worth noting the potential reduced emphasis on farming, which could impact land values, community character, and available amenities.
Number of Mortgages by Occupancy Type in Cherokee County, GA Over the Last 5 Years in Cherokee County
Over the last five years in Cherokee County, Georgia, there has been a notable fluctuation in principal residence mortgages, peaking in 2020 with 32,613 and declining in 2022 to 19,524. Investment properties have seen a general upward trend from 2018 (692) to 2021 (1,242) but fell again in 2022 (997). Second residences have maintained relatively low and stable numbers, highlighting a potentially limited demand. These trends may reflect shifting priorities among buyers and could indicate broader economic impacts, influencing decisions for investors, appraisers, and real estate agents considering market stability and growth. Insurance agents and builders might want to stay attuned to changes in occupancy patterns to adjust policies and development strategies accordingly.
Economic Outlook
Over the last nine years, Cherokee County, Georgia has seen the average taxable income per tax return rise from around $65,263.04 in 2013 to approximately $98,095.75 in 2021, suggesting growing local affluence that might appeal to investors and real estate developers. Additionally, average state and local income taxes per tax return have increased from $5,613.44 in 2012 to $10,854.16 in 2021, reflecting substantial economic growth and rising incomes but also higher tax liabilities to consider.... Read more
Average Taxable Income per Tax Return in Cherokee County, GA over the last 9 years
Over the last nine years, Cherokee County, Georgia has seen a noticeable increase in the average taxable income per tax return, rising from around $65,263.04 in 2013 to approximately $98,095.75 in 2021. This upward trend suggests a growing affluence in the area, which might be attractive for investors considering real estate development or businesses. The increase in income could also indicate a stronger local economy, potentially driven by job growth and new opportunities. For those looking to move to Cherokee County, such economic conditions might promise a better quality of life and more robust community services.
Average State and Local Income Taxes Per Tax Return in Cherokee County, GA Over the Last 10 Years
Cherokee County, Georgia has experienced a significant and steady increase in average state and local income taxes per tax return over the last decade. From $5,613.44 in 2012 to $10,854.16 in 2021, this upward trend signals substantial economic growth and possibly rising incomes. For potential investors, developers, and new residents, these figures suggest a thriving local economy but also indicate higher tax liabilities to consider.
Average Total Tax Liability Per Tax Return in Cherokee County, GA Over the Last 10 Years
Cherokee County, Georgia, experienced a steady increase in average total tax liability per tax return over the last decade. In 2012, the average was $10,318.80, while by 2021, it had climbed to $16,904.52. Notably, the sharpest rise occurred between 2020 and 2021. This trend signals a growing economy and increasing incomes, making it an attractive area for investors, new residents, and property developers.
Cost of Living in Cherokee County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $2,057 | $1,580 | $1,896 | $1,736 | $2,059 |
1 adult 4 children | $2,057 | $1,291 | $1,449 | $1,736 | $2,156 |
2 adults 3 children | $2,057 | $1,291 | $1,645 | $1,736 | $1,765 |
1 adult 3 children | $2,057 | $1,054 | $1,199 | $1,736 | $1,903 |
2 adults 2 children | $1,690 | $1,057 | $1,394 | $1,522 | $1,432 |
1 adult 2 children | $1,690 | $789 | $948 | $1,522 | $1,495 |
2 adults 1 child | $1,690 | $835 | $1,143 | $828 | $1,227 |
1 adult 1 child | $1,690 | $540 | $697 | $828 | $1,182 |
2 adults | $1,497 | $671 | $893 | $0 | $1,006 |
1 adult | $1,464 | $366 | $446 | $0 | $915 |
Safety trends & Data
Cherokee County, Georgia has seen fluctuating property crime trends over the past five years. Larceny-theft peaked at 736 incidents in 2018 and dropped to 289 in 2022. Burglary cases generally declined, from 65 in 2018 to 27 in 2022. Vandalism showed slight volatility, spiking at 189 incidents in 2019 but tapering to 91 in 2022. Motor vehicle theft saw occasional increases, like in 2020 at 26 incidents, despite an overall decline. Even with a reduction in total property crimes, sporadic... Read more
Property Crime Trends in Cherokee County, GA Over the Last 5 Years
Cherokee County, Georgia has experienced varied trends in property crime over the past five years. Larceny-theft, consistently, is the most prominent crime, peaking at 736 incidents in 2018 but fluctuating downward to 289 in 2022. Burglary cases have generally declined from 65 in 2018 to 27 in 2022. Vandalism exhibits slight volatility, spiking at 189 incidents in 2019 and tapering to 91 in 2022. There is a noticeable drop in motor vehicle theft, albeit with occasional increases, like in 2020 at 26 incidents. Despite an apparent reduction in overall property crimes, certain crimes like arson and theft of stolen property have shown sporadic increases, indicating areas that may still need focused attention.
Demographics
Cherokee County, Georgia's adult population is slightly skewed towards females, with a notable representation of over 98,000 women compared to around 94,000 men. Educational attainment shows a substantial portion of residents holding a bachelor's degree or higher, which could suggest a relatively well-educated populace. The age distribution indicates a broadly spread demographic, with significant numbers in the 35 to 54 years age brackets, hinting at a strong working-age population. In terms of... Read more
Race Distribution in Cherokee County, Georgia (2022)
Educational Attainment in Cherokee County, Georgia (2022)
Age Distribution in Cherokee County, Georgia
Citizen Population in Cherokee County, Georgia (2022)
Political Trends & Data
In Cherokee County, Georgia, the 2020 U.S. Presidential Election results with Republicans likely pulling in 68.8% of the vote and Democrats about 29.5% underscore a strong lean towards conservative politics. The nearly non-existent Green Party support and minimal Libertarian presence could be indicative of a heavily two-party system. This political dynamic might hint at the county's broader demographic and social trends, potentially affecting various aspects of community and market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Cherokee County, Georgia, the 2020 U.S. Presidential Election saw Republicans likely secure a strong lead with around 68.8% of the vote, whereas Democrats garnered approximately 29.5%. Libertarians trailed significantly, capturing around 1.7%. The complete lack of Green Party votes and negligible presence of other parties suggest a predominantly two-party dynamic. These voting patterns may reflect broader political trends and demographic influences in this part of Georgia.
68.76% of voters voted for the Republican party in the 2020 Presidential Election
29.55% of voters voted for the Democrat party in the 2020 Presidential Election
1.69% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Cherokee County, Georgia has experienced a steady decline in the student-to-teacher ratio, dropping from 17 students per teacher in 2014 to approximately 14 in 2023. This trend could attract homebuyers and investors focused on education quality, as smaller class sizes often lead to more individualized attention and potentially better academic outcomes. With the current ratio matching the national average, Cherokee County may become a more competitive choice for relocating families. This shift... Read more
Student-to-teacher ratio in Cherokee County, Georgia over the last 10 years
Cherokee County, Georgia has seen a gradual decrease in the student-to-teacher ratio over the last decade, starting from 17 students per teacher in 2014 to about 14 in 2023. This trend is noteworthy as it suggests a shift towards smaller class sizes, which may be an attractive feature for potential homebuyers and investors prioritizing education quality. A lower student-to-teacher ratio can imply more individualized attention for students, possibly enhancing academic performance. For comparison, Cherokee County's current ratio aligns closely with the national average of 14 students per teacher, potentially positioning the area as a competitive option for families considering relocation. These changes also matter to appraisers and insurance agents as they can reflect on property values and market appeal.