Coffee County Real Estate and Livability Trends
Coffee County, Georgia has seen a significant increase in median home values, climbing from $83,400 in 2015 to $122,500 in 2022, making it a potentially attractive yet affordable market. Residential energy tax credits per tax return peaked at $1,183.33 in 2021, hinting at a push towards energy-efficient investments. Real estate taxes have also risen from $1,863.10 in 2012 to over $3,033.33 by... Read more
Coffee County Market Trends
Coffee County, Georgia, has seen notable changes in its real estate landscape over recent years. Median home values have grown significantly, from $83,400 in 2015 to $122,500 in 2022, indicating a promising yet more affordable market compared to the state and national medians. Residential energy tax credits per tax return also surged, peaking at $1,183.33 in 2021, highlighting increased... Read more
Median Value of Occupied Housing Units in Coffee County, Georgia Over the Last 8 Years
Over the last eight years, median home values in Coffee County, Georgia, have experienced steady growth, starting from $83,400 in 2015 to $122,500 in 2022. This change represents a significant increase compared to the state's median home value rise from $148,100 in 2015 to $245,900 in 2022. On a national level, median home values have also climbed from $125,500 to $179,400 during the same period. This trend might indicate a promising yet more affordable investment opportunity in Coffee County relative to the wider state and national markets, making it potentially appealing for investors or new residents seeking more budget-friendly options.
Residential Energy Tax Credit Per Tax Return in Coffee County, GA Over the Last 9 Years
Over the past nine years, Coffee County, Georgia has seen a significant increase in the average residential energy tax credit per tax return. Starting at approximately $385.71 in 2013, credits have consistently risen, peaking at $1,183.33 in 2021. This upward trend indicates growing incentives for energy-efficient investments, making it an attractive prospect for homeowners and investors focused on sustainability.
Average Real Estate Taxes Per Tax Return in Coffee County, GA Over the Last 10 Years
Over the past decade, Coffee County, Georgia has seen a noticeable rise in average real estate taxes per tax return. From $1,863.10 in 2012, the taxes increased steadily, reaching over $3,033.33 by 2021. Notably, there was a significant jump between 2017 and 2018, where taxes spiked from $2,143.86 to $2,746.99, followed by another rise in 2019 to $2,905.56. This upward trend could suggest increasing property values or changes in local tax policy, making it essential for potential investors and homeowners to consider these tax implications when making decisions.
Percentage of Farm Returns in Coffee County, GA Over the Last 10 Years
Coffee County, Georgia has shown some fluctuation in the percentage of farm tax returns over the last decade. Starting at around 5.54% in 2012, it experienced a gradual increase, peaking at approximately 6.44% in 2018, and then dipped slightly to about 5.64% in 2021. Farm tax returns indicate the proportion of tax filings from agricultural businesses, and these trends may reflect broader economic or agricultural shifts within the county. For investors or potential residents, this data also hints at the economic health and emphasis on agriculture in the region.
Number of Mortgages by Occupancy Type in Coffee County, GA Over the Last 5 Years in Coffee County
Mortgage trends in Coffee County, Georgia over the past five years reveal a noticeable decline in investment property loans, starkly dropping from 125 in 2019 to 40 by 2020, and further trickling to 58 by 2022. Principal residences, however, saw fluctuating but relatively strong numbers, peaking at 1,405 in 2021 before settling at 868 in 2022. Second residences maintained minimal presence with a slight increase from 8 in 2018 to 13 by 2021 and 2022. Shifts in occupancy types can signal changing investor confidence and market dynamics, directly affecting property values and insurance assessments. Those planning to invest or develop properties in the area should note the dominant trend towards principal residences, implying potential stability and demand in the owner-occupied market. Real estate agents and appraisers might find these data pivotal for advising clients and setting price expectations accordingly.
Economic Outlook
Coffee County, Georgia has seen a notable upward trajectory in average taxable income per tax return over the past nine years, from $37,592.07 in 2013 to $52,464.05 in 2021, indicating possible economic growth and rising living standards. State and local income taxes per tax return have also increased substantially, from around $5,369.45 in 2012 to $9,553.25 in 2021, with a notable jump in 2018 to $8,151.00. Additionally, the average total tax liability per tax return rose from $6,191.27 in... Read more
Average Taxable Income per Tax Return in Coffee County, GA over the last 9 years
Coffee County, Georgia has seen a noteworthy upward trajectory in average taxable income per tax return over the past nine years. From $37,592.07 in 2013, it has increased to $52,464.05 in 2021, indicating a general trend of economic growth. This trend is especially relevant for potential investors and developers, suggesting possible rising living standards and a healthier local economy. Notably, the sharp rise between 2020 and 2021 might be of particular interest, possibly pointing to recent local economic developments or demographic shifts.
Average State and Local Income Taxes Per Tax Return in Coffee County, GA Over the Last 10 Years
Over the past decade, state and local income taxes per tax return in Coffee County, Georgia have shown substantial growth, rising from approximately $5,369.45 in 2012 to $9,553.25 in 2021. Noteworthy is the leap in 2018 to $8,151.00, highlighting a significant tax increase that continued to climb in subsequent years. This trend is relevant for potential investors and property developers as it indicates the economic shifts and evolving financial obligations in the region.
Average Total Tax Liability Per Tax Return in Coffee County, GA Over the Last 10 Years
In the past decade, Coffee County, Georgia has seen a notable increase in the average total tax liability per tax return, with figures rising from $6,191.27 in 2012 to $9,414.36 in 2021. This upward trend suggests a growing economic burden on residents, making it an essential factor for potential investors and homebuyers to consider. The sharp rise in recent years, particularly since 2017, indicates significant financial shifts that could impact decisions around property investments and relocation. Understanding these tax liability trends is crucial for anyone interested in the economic landscape of Coffee County.
Cost of Living in Coffee County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $940 | $1,303 | $1,415 | $1,048 | $843 |
1 adult 4 children | $940 | $1,064 | $1,079 | $1,048 | $871 |
2 adults 3 children | $940 | $1,064 | $1,229 | $1,048 | $683 |
1 adult 3 children | $940 | $869 | $893 | $1,048 | $691 |
2 adults 2 children | $772 | $871 | $1,043 | $908 | $632 |
1 adult 2 children | $772 | $651 | $708 | $908 | $567 |
2 adults 1 child | $772 | $689 | $858 | $454 | $621 |
1 adult 1 child | $772 | $445 | $522 | $454 | $536 |
2 adults | $610 | $553 | $672 | $0 | $557 |
1 adult | $606 | $302 | $336 | $0 | $515 |
Safety trends & Data
Property crime trends in Coffee County, Georgia, reveal significant fluctuations over the past five years, with burglary incidents hitting a peak of 37 in 2018 before dropping to just 2 in 2020. Larceny-theft, the most frequent crime, saw a high of 100 in 2018 but decreased to 38 by 2022. Motor vehicle theft and fraud showed more stable but lower incidence rates, although fraud incidents notably spiked to 17 in 2022. These patterns suggest varying degrees of property risk and community safety,... Read more
Property Crime Trends in Coffee County, GA Over the Last 5 Years
The property crime trends in Coffee County, Georgia over the past five years display notable fluctuations. Burglary incidents peaked in 2018 at 37 and then significantly declined, reaching a low of 2 in 2020. Meanwhile, larceny-theft, which was the most frequent crime, saw a high of 100 in 2018, followed by a steep drop and gradual variations, ending at 38 in 2022. Crimes like motor vehicle theft and fraud exhibited a more stable yet lower incidence. Notably, fraud incidents spiked to 17 in 2022 from much lower figures in previous years. These trends could be insightful for real estate investors and professionals, as they suggest varying degrees of property risk and community safety over time.
Demographics
Coffee County, Georgia, exhibits a modest gender imbalance with slightly more males than females in the adult population. Educational attainment reveals a significant number of high school graduates and individuals with some college education, but there's a drop-off at higher education levels, implying potential areas for educational development. Age distribution shows a balanced population spread with notable clusters in the under 10 years and 25 to 34 years categories, hinting at a youthful... Read more
Race Distribution in Coffee County, Georgia (2022)
Educational Attainment in Coffee County, Georgia (2022)
Age Distribution in Coffee County, Georgia
Citizen Population in Coffee County, Georgia (2022)
Political Trends & Data
In Coffee County, Georgia, the 2020 U.S. Presidential Election results suggest a strong Republican preference, with close to 70% of votes. Democrats captured nearly 30%, while Libertarian support was minimal. This conservative leaning might shape local policies and political representation, reflecting a predominantly conservative... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Coffee County, Georgia, the 2020 U.S. Presidential Election results potentially reflect a strong preference for the Republican Party, capturing just under 70% of the vote. Democrats may have garnered just under 30%, with minimal support for Libertarian candidates. This voting pattern might indicate a predominantly conservative electorate, which could influence local policies and political representation.
69.53% of voters voted for the Republican party in the 2020 Presidential Election
29.65% of voters voted for the Democrat party in the 2020 Presidential Election
0.82% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Coffee County, Georgia has dropped from 16 students per teacher in 2014 and 2017 to about 14.9 in 2023. With the national average at 14, this narrowing gap could mean better educational outcomes, making it attractive for potential homebuyers considering school quality. This trend could be significant for real estate agents, appraisers, and investors evaluating the area's appeal and property... Read more
Student-to-teacher ratio in Coffee County, Georgia over the last 10 years
The student-to-teacher ratio in Coffee County, Georgia has gradually decreased over the past decade, moving from a high of 16 students per teacher in 2014 and 2017 to around 14.9 in 2023. Comparing this with the national average of 14 students per teacher, Coffee County has become much closer to the national norm in recent years, which could suggest a more individualized attention for students and potentially better educational outcomes. This trend could be important for potential homebuyers, real estate agents, and investors as it may indicate improving school quality, a key factor in residential decision-making. Additionally, appraisers and insurance agents might find this information valuable for evaluating property values and risk assessments associated with the area's educational infrastructure.