Clayton County Real Estate and Livability Trends
Clayton County, Georgia, has seen striking economic and real estate growth recently. Average taxable income per tax return grew from roughly $31,746.70 in 2013 to around $38,542.25 by 2021, while poverty rates decreased significantly. Median home values almost doubled from $85,200 in 2015 to $167,200 in 2022, and notable increases in residential energy tax credits suggest a focus on... Read more
Clayton County Market Trends
Clayton County, Georgia has seen a dramatic surge in median home values from $85,200 in 2015 to $167,200 in 2022, reflecting robust growth compared to broader state and national trends. Additionally, a noteworthy leap in residential energy tax credits, peaking at $1,427.72 in 2018, highlights the area's incentives for energy-efficient home improvements. Real estate taxes have seen a substantial... Read more
Median Value of Occupied Housing Units in Clayton County, Georgia Over the Last 8 Years
Clayton County, Georgia, has seen a significant upward trend in median home values over the past eight years. Starting at $85,200 in 2015 and climbing to $167,200 in 2022, the growth rate seems robust compared to the nationwide and state-level trends. While the median home value in Georgia increased from $148,100 to $245,900 over the same period, and the national average moved from $125,500 to $179,400, Clayton County's relative affordability alongside its appreciation rate could attract both investors and homebuyers looking to capitalize on potential equity gains. This makes it a compelling market for those considering investing, relocating, or building property in the area.
Residential Energy Tax Credit Per Tax Return in Clayton County, GA Over the Last 9 Years
Clayton County, Georgia has seen a significant increase in the average residential energy tax credit per tax return over the past nine years. Starting at $392.17 in 2013, the credit reached a peak of $1,427.72 in 2018 before leveling out at $1,328.88 by 2021. This trend showcases the county's growing incentives for energy-efficient home improvements, making it an attractive area for environmentally conscious investors and homeowners.
Average Real Estate Taxes Per Tax Return in Clayton County, GA Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Clayton County, Georgia have shown a significant upward trend, increasing from approximately $1,354.72 in 2012 to about $2,886.67 in 2021. Notably, the most pronounced surges occurred between 2017 and 2018, where the average jumped from $1,867.39 to $2,328.30. This trend suggests a consistent rise in property values or changes in tax rates, making it a crucial consideration for potential investors and homebuyers.
Percentage of Farm Returns in Clayton County, GA Over the Last 10 Years
Over the past decade, the percentage of farm returns in Clayton County, Georgia has shown slight fluctuation, peaking at approximately 0.07% in 2018. While the overall percentage of farm tax returns remains quite low, changes year-to-year could suggest varying levels of agricultural activity and economic factors affecting farming viability. For those interested in investing, moving to, or developing property in Clayton County, it's noteworthy that the agricultural sector, though minimal in tax returns, does experience variability, indicating possible underlying shifts in local agroeconomics or land use trends.
Number of Mortgages by Occupancy Type in Clayton County, GA Over the Last 5 Years in Clayton County
Over the last five years in Clayton County, Georgia, the mortgage counts for principal residences have shown a steady increase, peaking at 16,000 in 2021 compared to 10,386 in 2018. The trend for investment properties reveals a significant growth as well, with the highest count of 1,450 seen in 2021, up from 924 in 2018. Meanwhile, second residences have maintained relatively low and consistent numbers throughout this period. Changes in occupancy types may signal broader shifts in the local economy and housing market. For investors, the uptick in investment property mortgages could indicate a growing rental market or flipping opportunities. For appraisers and insurance agents, these trends could impact property valuations and risk assessments. Real estate professionals and prospective homeowners may find the increasing number of principal residences as a sign of a flourishing community, while builders might see potential in catering to this expanding residential demand. Overall, understanding these shifts can provide valuable insights for making informed decisions in Clayton County.
Economic Outlook
Clayton County, Georgia has seen a substantial increase in average taxable income per tax return, growing from approximately $31,746.70 in 2013 to around $38,542.25 by 2021, showing signs of economic stability and growth. Although state and local income taxes per tax return also increased, rising to $4,046.73 in 2021, this suggests higher fiscal demands. A rising trend in total tax liability per tax return, from $3,686.18 in 2012 to $4,515.73 in 2021, implies increased economic activity and... Read more
Average Taxable Income per Tax Return in Clayton County, GA over the last 9 years
Over the past nine years, Clayton County, Georgia has seen a general upward trend in average taxable income per tax return, suggesting potential economic growth and stability. Starting at approximately $31,746.70 in 2013, the figure gradually increased to around $38,542.25 by 2021. Of note is the dip in 2019 and slight recovery in 2020; however, the overall trend remains positive. This could be important for investors, prospective residents, and property developers eyeing the area for opportunities.
Average State and Local Income Taxes Per Tax Return in Clayton County, GA Over the Last 10 Years
State and local income taxes per tax return in Clayton County, Georgia have shown a clear upward trend over the past decade. Starting at $2,823.22 in 2012 and rising to $4,046.73 in 2021, the increase indicates growing fiscal demands on residents. Significant spikes in 2018 and 2020, with amounts reaching $3,910.52 and $3,931.03 respectively, highlight critical shifts that potential investors and prospective residents should note while considering long-term financial planning.
Average Total Tax Liability Per Tax Return in Clayton County, GA Over the Last 10 Years
Over the last 10 years, Clayton County, Georgia has seen a general rise in the average total tax liability per tax return, moving from $3,686.18 in 2012 to $4,515.73 in 2021. Notably, there's a significant spike post-2017, suggesting an uptick in either incomes or tax rates. The rise indicates an increasing economic activity and possibly higher household incomes, which is pivotal for anyone considering investments, property development, or relocation, showcasing a growing fiscal strength in the area.
Cost of Living in Clayton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,593 | $1,399 | $1,815 | $1,736 | $1,594 |
| 1 adult 4 children | $1,593 | $1,143 | $1,387 | $1,736 | $1,700 |
| 2 adults 3 children | $1,593 | $1,143 | $1,575 | $1,736 | $1,341 |
| 1 adult 3 children | $1,593 | $933 | $1,147 | $1,736 | $1,475 |
| 2 adults 2 children | $1,309 | $936 | $1,335 | $1,522 | $1,104 |
| 1 adult 2 children | $1,309 | $699 | $907 | $1,522 | $1,152 |
| 2 adults 1 child | $1,309 | $740 | $1,096 | $828 | $1,000 |
| 1 adult 1 child | $1,309 | $478 | $668 | $828 | $887 |
| 2 adults | $1,159 | $594 | $856 | $0 | $811 |
| 1 adult | $1,133 | $324 | $428 | $0 | $699 |
Safety trends & Data
Clayton County, Georgia has experienced a substantial reduction in property crimes, with burglary incidents dropping from 72 in 2018 to just 12 in 2022, and larceny-theft cases decreasing from 1131 in 2018 to 268 in 2022. While vandalism spiked in 2020, it has since fallen to 102 cases in 2022. These trends hint at effective crime prevention strategies, potentially making it a more attractive market for real estate investors and homebuyers concerned about safety and property... Read more
Property Crime Trends in Clayton County, GA Over the Last 5 Years
Clayton County, Georgia has seen a notable downward trend in several categories of property crime over the last five years. Burglary incidents have dropped from 72 in 2018 to just 12 in 2022, while larceny-theft cases also saw a significant decrease from 1131 in 2018 to 268 in 2022. Vandalism, however, spiked dramatically in 2020 with 473 cases but has since decreased to 102 in 2022. These shifts suggest a strategic focus on crime prevention and could impact property values and insurance rates, making it a potentially more appealing area for real estate investors and homebuyers.
Demographics
The population in Clayton County, Georgia reveals intriguing age and gender distributions, with females outnumbering males significantly and a notable segment of individuals under the age of ten. This demographic insight could hold importance for businesses and services catering to younger populations and family-oriented activities. Educational attainment in the county shows a heavy concentration of high school graduates and those with some college experience, yet there seems to be a... Read more
Race Distribution in Clayton County, Georgia (2022)
Educational Attainment in Clayton County, Georgia (2022)
Age Distribution in Clayton County, Georgia
Citizen Population in Clayton County, Georgia (2022)
Political Trends & Data
Clayton County, Georgia, likely demonstrated a strong preference for the Democratic party in the 2020 U.S. Presidential Election, with Democrats possibly securing around 85% of the vote. Republicans perhaps captured just over 14%, and Libertarians seemingly received close to 1%. While counties often lean toward one party, the extent of Democratic support in Clayton stands... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Clayton County, Georgia, may have significantly leaned towards the Democratic party in the 2020 U.S. Presidential Election, with Democrats potentially securing roughly 85% of the vote. Republicans seemingly garnered just over 14%, while Libertarians possibly received close to 1%. Although it's not uncommon for counties to show a strong preference for one party, the extent of Democratic support in Clayton is particularly notable.
14.08% of voters voted for the Republican party in the 2020 Presidential Election
84.99% of voters voted for the Democrat party in the 2020 Presidential Election
0.94% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Clayton County, Georgia has experienced varying student-to-teacher ratios over the past decade, reaching a high of 18 in 2016 and settling around 16 more recently. These ratios are notably higher than the national average of approximately 14 students per teacher, hinting at larger class sizes and unique educational dynamics. This could influence prospective homebuyers focused on education, while real estate agents might spotlight these trends when discussing school quality. Investors and other... Read more
Student-to-teacher ratio in Clayton County, Georgia over the last 10 years
Over the last decade, Clayton County, Georgia has seen fluctuating student-to-teacher ratios, peaking at 18 in 2016 and dropping to around 16 in recent years. Despite national averages sitting at about 14 students per teacher, Clayton County's ratios have consistently been higher, suggesting potentially larger class sizes and different educational dynamics. These numbers might play a role for prospective homebuyers prioritizing education, real estate agents highlighting school quality, and investors considering the area's long-term property values. Insurance agents and appraisers might also see implications in terms of community development and local infrastructure needs.
