Dade County Real Estate and Livability Trends
In Dade County, Georgia, average taxable income per tax return rose from approximately $43,766.00 in 2013 to about $58,995.47 by 2021, hinting at economic growth. Median home values also saw a climb from $118,300 in 2015 to $157,900 in 2022, though still lagging behind broader benchmarks. The rise in real estate taxes from $1,691.06 in 2012 to $3,212.00 in 2020 signals higher homeowner costs.... Read more
Dade County Market Trends
Dade County, Georgia has experienced a substantial increase in median home values, climbing from $118,300 in 2015 to $157,900 in 2022, although these figures still lag behind state and national averages. Residential energy tax credits in the county have fluctuated, peaking at $900.00 in 2019, hinting at growing incentives for energy-efficient upgrades. Real estate taxes have also seen a notable... Read more
Median Value of Occupied Housing Units in Dade County, Georgia Over the Last 8 Years
Dade County, Georgia, has seen a significant upswing in median home values over the past eight years, culminating in a jump from $118,300 in 2015 to $157,900 in 2022. This local growth, while impressive, is still behind the state’s surge from $148,100 to $245,900 in the same period. Nationally, median home values increased from $125,500 to $179,400, suggesting Dade County may be an attractive investment opportunity given its still-lower comparative costs and recent value appreciation.
Residential Energy Tax Credit Per Tax Return in Dade County, GA Over the Last 8 Years
Over the last eight years in Dade County, Georgia, the average residential energy tax credit per tax return has seen significant fluctuations, peaking notably at $900.00 in 2019. This trend suggests a growing financial incentive for homeowners investing in energy-efficient upgrades, with the average credit amount often reflecting broader economic and policy changes. The substantial increases in specific years like 2017 and 2019 indicate periods of heightened investment or more generous tax incentives, making energy-efficient improvements an increasingly attractive option for residents and investors interested in sustainable, cost-effective property enhancements.
Average Real Estate Taxes Per Tax Return in Dade County, GA Over the Last 10 Years
Real estate taxes per tax return in Dade County, Georgia, have shown a notable upward trend over the past decade. Starting at $1,691.06 in 2012, the average has experienced a gradual increase with a significant jump to $3,212.00 in 2020. This indicates a heightened fiscal demand on property owners, which may impact future investment decisions and the overall housing market climate. Potential investors and current property owners might want to consider these trends when evaluating potential returns and expenses.
Percentage of Farm Returns in Dade County, GA Over the Last 10 Years
Over the last decade, Dade County, Georgia has seen fluctuations in the percentage of farm tax returns, starting at around 3.10% in 2012, peaking slightly to 3.14% in 2013, and then gradually declining to 2.45% by 2020 before a modest rebound to approximately 2.61% in 2021. Farm tax returns represent the portion of tax filings specifically containing farming income, an indicator of agricultural activity and its economic significance in the county. For those interested in investing or moving to the area, these trends could hint at shifting dynamics in the local agricultural economy, potentially informing property values and community development opportunities.
Number of Mortgages by Occupancy Type in Dade County, GA Over the Last 5 Years in Dade County
Dade County, Georgia has shown fluctuating but generally high numbers of mortgages for principal residences over the last five years, peaking with 876 in 2021. Investment property and second residence mortgage counts remain significantly lower, but stable, with minor variations each year. This trend suggests primary homes dominate the market, which could indicate a stable local economy and a preference for long-term living arrangements. For investors, this stability combined with the low mortgage rate for secondary properties could signal untapped potential. Appraisers and insurance agents might find this useful in assessing property values and risk. Real estate professionals and potential movers can infer ongoing demand for principal residences, reflecting on buyer preferences and market dynamics.
Economic Outlook
In Dade County, Georgia, the average taxable income per tax return has climbed from approximately $43,766.00 in 2013 to around $58,995.47 by 2021, hinting at a bolstering economy. Concurrently, the average state and local income taxes per tax return have nearly doubled from $4,584.87 in 2012 to $8,554.17 in 2021, reflecting possibly rising incomes. The average total tax liability per return also shows an upward slope, reaching $7,741.05 in 2021. These indicators collectively suggest a dynamic... Read more
Average Taxable Income per Tax Return in Dade County, GA over the last 9 years
In Dade County, Georgia, the average taxable income per tax return has shown a steady upward trend over the past nine years. Starting at approximately $43,766.00 in 2013, it has seen gradual increases each year, reaching around $58,995.47 by 2021. This consistent growth may suggest a strengthening local economy, making the county increasingly attractive for potential investors, new residents, and property developers. Increased average incomes could be indicative of various factors, such as improved job opportunities, rising wages, or a shift in the demographic composition of taxpayers in the area.
Average State and Local Income Taxes Per Tax Return in Dade County, GA Over the Last 10 Years
Over the past decade, Dade County, Georgia, has seen a significant upward trend in average state and local income taxes per tax return, with figures nearly doubling from $4,584.87 in 2012 to $8,554.17 in 2021. Notably, there was a sharp increase between 2017 and 2018, jumping from $5,376.79 to $6,893.10, a trend that continued, surpassing $8,500 in recent years. For investors and potential residents, this indicates a growing tax obligation, reflecting potentially rising incomes and economic activity in the area.
Average Total Tax Liability Per Tax Return in Dade County, GA Over the Last 10 Years
Over the past decade, Dade County, Georgia has seen a steady increase in the average total tax liability per tax return, rising from $6,228.41 in 2012 to $7,741.05 in 2021. Notable spikes occurred in 2016 and 2020, with respective liabilities of $6,493.97 and $7,086.94. This upward trend suggests a growing economic landscape, potentially indicating increasing income levels or changes in local taxation policy. For potential investors and residents, this trend may reflect an expanding local economy but also hints at higher overall costs.
Cost of Living in Dade County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,129 | $1,363 | $1,826 | $1,074 | $1,122 |
| 1 adult 4 children | $1,129 | $1,113 | $1,396 | $1,074 | $1,207 |
| 2 adults 3 children | $1,129 | $1,114 | $1,585 | $1,074 | $916 |
| 1 adult 3 children | $1,129 | $909 | $1,154 | $1,074 | $976 |
| 2 adults 2 children | $878 | $912 | $1,344 | $935 | $811 |
| 1 adult 2 children | $878 | $681 | $913 | $935 | $743 |
| 2 adults 1 child | $878 | $721 | $1,102 | $481 | $775 |
| 1 adult 1 child | $878 | $465 | $672 | $481 | $635 |
| 2 adults | $756 | $579 | $861 | $0 | $672 |
| 1 adult | $749 | $316 | $431 | $0 | $585 |
Demographics
The demographic landscape of Dade County, Georgia, reflects a nearly even split between male and female adults, with a slight female majority. The educational attainment data suggests a strong presence of high school graduates, though a significant proportion has not pursued education beyond that level. There's a notable distribution of residents across various age brackets, with a higher concentration of individuals in the 45 to 64 year range. Racial composition is predominantly White, with... Read more
Race Distribution in Dade County, Georgia (2022)
Educational Attainment in Dade County, Georgia (2022)
Age Distribution in Dade County, Georgia
Citizen Population in Dade County, Georgia (2022)
Political Trends & Data
Dade County, Georgia, showed a strong Republican preference in the 2020 U.S. Presidential Election, with the GOP taking about 82% of the votes. Democrats lagged significantly at around 17%, while the Libertarian Party barely made a dent with just over 1%. This solid Republican majority could have notable implications for local and state policymakers, possibly swaying decisions on regulations, tax policies, and development priorities to align more with conservative values, potentially impacting... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Dade County, Georgia, the 2020 U.S. Presidential Election saw a significant lean towards the Republican Party, who garnered roughly 82% of the votes. Meanwhile, Democrats captured around 17%, and the Libertarian Party obtained just over 1%. This distribution indicates a predominantly Republican-leaning voter base, which could influence local and state policy priorities.
81.60% of voters voted for the Republican party in the 2020 Presidential Election
16.96% of voters voted for the Democrat party in the 2020 Presidential Election
1.44% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Over the past decade, Dade County, Georgia's student-to-teacher ratio has hovered around the national average but dipped below it in 2021 and 2022, with figures of 13 and 14 students per teacher respectively. This trend could appeal to families seeking more personalized educational experiences and potentially influence property values and appeal. Such fluctuations might also hint at the county's investment in education quality, making it an interesting angle for real estate agents and... Read more
Student-to-teacher ratio in Dade County, Georgia over the last 10 years
Over the past decade, the student-to-teacher ratio in Dade County, Georgia has shown fluctuations but mostly hovered around the national average. Notably, the ratio dipped below the average in 2021 and 2022, with figures of 13 and 14 students per teacher respectively, potentially indicating a more personalized educational experience during these years. These changes might appeal to families considering relocation, as lower ratios can sometimes infer more individual attention for students. For potential investors and real estate agents, such fluctuations could also influence property values and appeal in the area. Those in the education sector or appraising properties could find these ratios indicative of the county's investment in education quality.
