DeKalb County Real Estate and Livability Trends
DeKalb County, Georgia saw a meteoric rise in median home values, jumping over 80% from $163,000 in 2015 to $301,100 in 2022, outpacing both state and national trends. Residential energy tax credits surged from $373.28 in 2013 to $1,082.19 in 2021, spotlighting strong eco-friendly incentives. Real estate taxes per return nearly doubled from $2,961.16 in 2012 to $5,757.36 in 2021, possibly due to... Read more
DeKalb County Market Trends
DeKalb County, Georgia, stands out with a more than 80% jump in median home values from $163,000 in 2015 to $301,100 in 2022, outstripping state and national growth rates. The average residential energy tax credit per return surged from $373.28 in 2013 to $1,082.19 in 2021, reflecting robust eco-friendly incentives. Meanwhile, real estate taxes per return climbed from $2,961.16 in 2012 to... Read more
Median Value of Occupied Housing Units in DeKalb County, Georgia Over the Last 8 Years
DeKalb County, Georgia has seen a sharp upward trend in median home values over the last eight years, jumping from $163,000 in 2015 to $301,100 in 2022. This growth outpaces both the state of Georgia and the national averages, where Georgia's median home value increased from $148,100 to $245,900 and the U.S. average rose from $125,500 to $179,400 in the same period. This accelerated growth could indicate a robust local market, potentially pointing to strong demand and limited supply, making it an appealing prospect for investors and those looking to relocate.
Residential Energy Tax Credit Per Tax Return in DeKalb County, GA Over the Last 9 Years
Investing in DeKalb County, Georgia might be worth considering, especially for those interested in eco-friendly initiatives. Over the past nine years, the average residential energy tax credit per tax return has shown a significant rise, jumping from around $373.28 in 2013 to an impressive $1,082.19 in 2021. This upward trend suggests growing incentive for energy-efficient home improvements, which not only benefits the environment but can also lead to significant savings on energy bills for homeowners. High in 2018 at $1,486.50, these tax credits reflect a strong governmental push towards sustainable living, making DeKalb County an attractive spot for green investments and energy-conscious residents.
Average Real Estate Taxes Per Tax Return in DeKalb County, GA Over the Last 10 Years
Over the past decade, average real estate taxes per tax return in DeKalb County, Georgia have shown a notable increase. Starting at approximately $2,961.16 in 2012, there has been a steady climb reaching about $5,757.36 by 2021. This upward trend, particularly evident post-2015, could suggest a growing property market or heightened county assessments, making it a critical consideration for potential buyers and investors evaluating long-term costs.
Percentage of Farm Returns in DeKalb County, GA Over the Last 10 Years
Farm tax returns in DeKalb County, Georgia, have shown slight fluctuations over the last decade, peaking around 2014 with a percentage of approximately 0.11%. However, there has been a general downward trend in more recent years, dipping to about 0.09% in 2019 and dropping further to near 0.08% by 2020, before a minor recovery around 2021. Investors and new residents might find this trend indicative of shifts in local agricultural activity or economic conditions impacting small-scale farming. Understanding these changes can help in making more informed decisions regarding property investments and community engagement in DeKalb County.
Number of Mortgages by Occupancy Type in DeKalb County, GA Over the Last 5 Years in DeKalb County
In DeKalb County, Georgia, the number of mortgages for principal residences consistently outweighs those for investment properties and second residences, with a noticeable spike in 2021. This trend might suggest varying demand pressures, with principal residences being the dominant form of occupancy. For investors, this hints at strong local demand for homes designed for primary living, potentially translating to stable rental markets. For real estate agents and insurance agents, the fluctuations in investment property mortgages may reflect changing economic conditions or policy impacts. Changes in the types of occupancy are critical for market valuation and risk assessments, indicating where the most activity and potential growth or declines might be expected in DeKalb County.
Economic Outlook
Over the past nine years, DeKalb County, Georgia has experienced a generally increasing average taxable income per tax return, with a notable spike in 2021 to $88,602.65, indicating potential economic growth. Concurrently, state and local income taxes per tax return have surged significantly, from $5,859.15 in 2012 to $11,963.54 in 2021, which might point towards increased economic activity and higher income levels. The average total tax liability per tax return has also risen consistently,... Read more
Average Taxable Income per Tax Return in DeKalb County, GA over the last 9 years
Over the past nine years, DeKalb County, Georgia has seen a trend of generally increasing average taxable income per tax return, with a notable spike in 2021 to $88,602.65. This gradual rise, especially the dramatic jump in 2021, might suggest a growing economic prosperity in the area, presenting potential opportunities for investors and those looking to move or build property there. The steady increase could also indicate improved job markets and higher earning opportunities, making DeKalb County a compelling option for both new residents and business ventures.
Average State and Local Income Taxes Per Tax Return in DeKalb County, GA Over the Last 10 Years
DeKalb County, Georgia has seen a significant and steady rise in state and local income taxes per tax return over the last decade, jumping from $5,859.15 in 2012 to $11,963.54 in 2021. The most pronounced increases occurred between 2017 and 2018, as well as 2020 and 2021, reflecting both economic growth and possibly higher income levels. This trend suggests a growing tax burden that potential investors and residents need to consider, but it could also indicate rising incomes and economic development in the area.
Average Total Tax Liability Per Tax Return in DeKalb County, GA Over the Last 10 Years
DeKalb County, Georgia has seen a consistent increase in the average total tax liability per tax return over the past decade, climbing from $10,717.59 in 2012 to $17,689.10 by 2021. This upward trend suggests a growing economic base and possibly rising incomes, making it an attractive area for potential property investors and individuals considering relocation.
Cost of Living in DeKalb County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,899 | $1,633 | $1,815 | $1,736 | $1,839 |
| 1 adult 4 children | $1,899 | $1,333 | $1,387 | $1,736 | $1,929 |
| 2 adults 3 children | $1,899 | $1,334 | $1,575 | $1,736 | $1,552 |
| 1 adult 3 children | $1,899 | $1,089 | $1,147 | $1,736 | $1,680 |
| 2 adults 2 children | $1,561 | $1,092 | $1,335 | $1,522 | $1,256 |
| 1 adult 2 children | $1,561 | $816 | $907 | $1,522 | $1,307 |
| 2 adults 1 child | $1,561 | $863 | $1,096 | $828 | $1,105 |
| 1 adult 1 child | $1,561 | $557 | $668 | $828 | $1,013 |
| 2 adults | $1,382 | $693 | $856 | $0 | $899 |
| 1 adult | $1,352 | $378 | $428 | $0 | $788 |
Safety trends & Data
DeKalb County, Georgia has seen significant shifts in property crime trends over the past five years. Burglary incidents have markedly declined from 198 in 2018 to around 75 in 2022, possibly due to better security measures. Conversely, vandalism surged to 303 cases in 2021 before slightly decreasing in 2022, indicating ongoing issues with property damage. Larceny-theft, while remaining high, has shown a downward trend from 1,267 in 2018 to 904 in 2022. These crime patterns are essential for... Read more
Property Crime Trends in DeKalb County, GA Over the Last 5 Years
DeKalb County, Georgia, has experienced a noticeable fluctuation in property crime trends over the past five years. Burglary incidents declined significantly from 198 in 2018 to around 75 in 2022, suggesting improved security measures. However, vandalism saw a dramatic rise, peaking at 303 cases in 2021 before slightly reducing in 2022, indicating ongoing issues with property damage. Larceny-theft remains consistently high, although it displayed a downward trend from 1,267 in 2018 to 904 in 2022. These trends highlight crucial considerations for potential investors and insurance agents, particularly around areas of risk assessment and property valuation.
Demographics
DeKalb County, Georgia, shows a higher female population compared to males, which might be influencing socio-economic dynamics, including education and workforce participation. A significant portion of residents have attained at least a bachelor's degree, suggesting a relatively educated community that could attract businesses and drive economic growth. Demographically, the county has a diverse age distribution with a notable concentration of adults aged 25-34, indicating a potentially vibrant,... Read more
Race Distribution in DeKalb County, Georgia (2022)
Educational Attainment in DeKalb County, Georgia (2022)
Age Distribution in DeKalb County, Georgia
Citizen Population in DeKalb County, Georgia (2022)
Political Trends & Data
In DeKalb County, Georgia, the 2020 U.S. presidential election data suggests a pronounced Democratic leaning, with about 83% of votes going to the Democratic party. This strong political preference could potentially shape local real estate market dynamics, as residents may favor policies that support affordable housing, public infrastructure, and community development. The Republican party captured around 16% of the vote, while the Libertarian party secured just over 1%, indicating a highly... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In DeKalb County, Georgia, the 2020 U.S. presidential election showed a notable lean towards the Democratic party, with approximately 83% of the votes. The Republican party garnered around 16%, while the Libertarian party received just over 1%. This voter distribution implies a strong Democratic presence in the county, potentially influencing local and state political dynamics.
15.74% of voters voted for the Republican party in the 2020 Presidential Election
83.12% of voters voted for the Democrat party in the 2020 Presidential Election
1.13% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Dekalb County, Georgia's student-to-teacher ratio has seen notable shifts over the past decade, peaking at 17 in 2014 and dipping to nearly 13 in 2021, now stabilizing around 14, matching the national average. This trend could be particularly relevant for investors, homeowners, and real estate agents, as a lower ratio often suggests a more personalized educational environment. Such conditions may enhance property values and attract families. Appraisers and builders might also view this as a... Read more
Student-to-teacher ratio in Dekalb County, Georgia over the last 10 years
Dekalb County, Georgia has seen notable fluctuations in its student-to-teacher ratio over the last decade, ranging from a peak of 17 students per teacher in 2014 to a low of nearly 13 in 2021. Recently, the ratio has stabilized around 14, aligning closely with the national average of 14 students per teacher. For potential investors, homeowners, and real estate agents, a lower student-to-teacher ratio could indicate a more personalized educational environment, potentially enhancing property values and attracting families. This variable can also be significant for appraisers and builders considering new developments, as it may reflect the quality of the local education system, which can be a strong selling point. Potential insurance agents might also factor this into their risk assessments as better educational environments can sometimes correlate with higher levels of community engagement and lower crime rates.
