Echols County Real Estate and Livability Trends
Echols County, Georgia's housing market jumped from $77,800 in 2021 to $114,900 in 2022. Despite still being below the state median of $245,900, this increase hints at an attractive opportunity for buyers and investors. Real estate taxes peaked at $2,250.00 in 2018, showing mostly upward trends since 2015, while farm tax returns fluctuated between 6.46% and 8.40%, indicating active agricultural... Read more
Echols County Market Trends
Echols County, Georgia's housing market has seen a significant rise, jumping from $77,800 in 2021 to $114,900 in 2022. This growth, although still below the state median of $245,900 and national median of $179,400, suggests an increasingly attractive market for potential buyers and investors. Real estate taxes have also fluctuated, peaking at $2,250.00 in 2018 after mostly upward trends since... Read more
Median Value of Occupied Housing Units in Echols County, Georgia Over the Last 8 Years
Echols County, Georgia's housing market has experienced substantial growth over the past few years, particularly seeing a striking jump from $77,800 in 2021 to $114,900 in 2022. While Echols County's values started significantly below state and national medians, the recent surge brings it closer to larger market trends. Compared to Georgia's median home value of $245,900 in 2022 and the national median of $179,400, Echols County still offers more affordable options, potentially attracting investors and new residents looking for growth opportunities in a relatively less costly area.
Average Real Estate Taxes Per Tax Return in Echols County, GA Over the Last 10 Years
Echols County, Georgia experienced notable fluctuations in average real estate taxes per tax return over the past decade. Early on, from 2012 to 2013, there was a decrease from $1,857.89 to $1,705.26. However, post-2015, taxes generally trended upward with a peak at $2,250.00 in 2018, a significant jump from prior years. Investors and potential residents might consider these tax trends when assessing long-term expenses and property investment opportunities.
Percentage of Farm Returns in Echols County, GA Over the Last 10 Years
Echols County, Georgia has exhibited some fluctuations in its percentage of farm tax returns over the past decade, ranging from roughly 6.46% to 8.40%. Notably, there was a peak in 2017 at 8.40% and a dip in 2020 down to 6.46%. Farm tax returns in this context represent the proportion of total tax returns filed by farms, which can be an indicator of the agricultural activity and economic dependency on farming in the area. These trends matter to potential investors, property developers, or those considering relocation, as they reflect the local agricultural economy's stability and overall economic environment. A higher percentage of farm returns might suggest a robust farming community and potential opportunities in the agribusiness sector. Conversely, a decline could indicate economic shifts or challenges faced by local farmers, requiring consideration for future economic planning in the county.
Number of Mortgages by Occupancy Type in Echols County, GA Over the Last 5 Years in Echols County
Over the last five years in Echols County, Georgia, the number of principal residence mortgages has consistently been higher than those for investment or second residences, with a notable peak in 2021. Changes in the types of occupancy can influence various stakeholders; for investors, fluctuating numbers of investment property mortgages might suggest shifts in market attractiveness or economic conditions. For individuals planning to move or buy property, a higher number of principal residence mortgages could indicate a stable, or growing, community. Real estate agents can leverage this data to better tailor their strategies, while appraisers and insurance agents might see it as an indicator of changing risk profiles and valuation trends.
Economic Outlook
Echols County, Georgia has experienced notable fluctuations in average taxable income and tax liabilities over the past decade. Average taxable incomes peaked at $50,957.45 in 2021, indicating significant economic shifts or job market changes. Meanwhile, state and local income taxes have also varied, hitting a high of $8,140.00 in 2014 and rebounding to $5,400.00 in 2017 after a marked dip. These patterns suggest a dynamic economic environment that could be crucial for investors and property... Read more
Average Taxable Income per Tax Return in Echols County, GA over the last 9 years
Echols County, Georgia has seen significant fluctuations in average taxable income over the past nine years, peaking notably at $50,957.45 in 2021. This variability might hint at economic shifts or changes in the local job market and could be crucial for potential investors or those considering moving to the area. Despite dips in some years, the general trend appears to be upward, which may suggest an improving local economy, offering potentially promising opportunities for business and real estate investments.
Average State and Local Income Taxes Per Tax Return in Echols County, GA Over the Last 10 Years
Echols County, Georgia has seen significant fluctuations in average state and local income taxes per tax return over the past decade, peaking at $8,140.00 in 2014. Despite a marked dip in 2015 to $4,363.16, there was a noticeable rebound with moderate increases and variables, including a rise to $5,400.00 in 2017. This pattern of fluctuation is important for potential investors and residents, indicating a dynamic tax environment that could influence financial planning and property investments.
Average Total Tax Liability Per Tax Return in Echols County, GA Over the Last 10 Years
Echols County, Georgia has seen considerable fluctuations in average total tax liability per tax return over the last decade. Notably, tax liability spiked significantly in 2013 to $9,268.00 and again in 2021 to $8,075.24, indicating potential economic changes or adjustments in tax policies. The dip in 2014 to $4,488.04 suggests a temporary economic downturn or alterations in taxpayer income. For investors and property developers, understanding these trends could provide insight into the area's economic stability and growth potential, influencing decisions on where to allocate resources or consider property investments.
Cost of Living in Echols County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,051 | $1,496 | $1,477 | $1,074 | $1,032 |
| 1 adult 4 children | $1,051 | $1,222 | $1,126 | $1,074 | $1,096 |
| 2 adults 3 children | $1,051 | $1,222 | $1,283 | $1,074 | $831 |
| 1 adult 3 children | $1,051 | $998 | $932 | $1,074 | $872 |
| 2 adults 2 children | $772 | $1,000 | $1,090 | $935 | $723 |
| 1 adult 2 children | $772 | $747 | $739 | $935 | $653 |
| 2 adults 1 child | $772 | $791 | $896 | $481 | $696 |
| 1 adult 1 child | $772 | $511 | $545 | $481 | $593 |
| 2 adults | $591 | $635 | $702 | $0 | $604 |
| 1 adult | $586 | $346 | $351 | $0 | $541 |
Safety trends & Data
Echols County, Georgia has seen fluctuating property crime rates over the past four years, with no single crime type consistently trending. 2018 saw a peak in burglary and larceny-theft incidents at 3.0 each, while 2020 experienced a shift to motor vehicle theft and vandalism, reporting 2.0 and 3.0 occurrences respectively. In 2022, arson appeared unpredictably with 1.0 incident. This unpredictable crime landscape could influence insurance premiums, property valuations, and investment... Read more
Property Crime Trends in Echols County, GA Over the Last 4 Years
Echols County, Georgia has experienced fluctuating property crime rates over the last four years. Notably, there were no consistent trends in a single type of crime, suggesting diverse challenges for law enforcement and community prevention efforts. In 2018, both burglary and larceny-theft incidents were at a shared peak with 3.0 reported each. By 2020, motor vehicle theft and vandalism became prominent, with 2.0 and 3.0 occurrences respectively. The sporadic nature of arson in 2022, with 1.0 reported incident, emphasizes the unpredictable landscape. These insights could highly influence insurance premiums, property valuations, and investment strategies in the area.
Demographics
Echols County, Georgia, shows a fairly balanced gender population with a slight female majority. Educational attainment trends highlight over 1,000 high school graduates, but a significant portion still falls below high school completion. The age distribution is relatively young, with notable populations in both under 10 and 20 to 34-year-old categories. Racially, the county is predominantly White, though there is a small yet notable representation of other races, particularly Black or African... Read more
Race Distribution in Echols County, Georgia (2022)
Educational Attainment in Echols County, Georgia (2022)
Age Distribution in Echols County, Georgia
Citizen Population in Echols County, Georgia (2022)
Political Trends & Data
Echols County, Georgia, heavily leaned Republican in the 2020 U.S. Presidential Election, with 87.20% of the vote. Democrats received only about 11.60%, and the Libertarians' share was negligible, suggesting limited third-party appeal. The absence of Green party votes may point to a lack of presence or engagement in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Echols County in Georgia showed a strong leaning towards the Republican party with 87.2% of the vote in the 2020 U.S. Presidential Election, while the Democrats garnered only about 11.6%. The Libertarian party trailed significantly, possibly indicating minimal third-party interest in the region. No votes were recorded for the Green party, possibly reflecting a lack of organized presence or voter interest in this particular area.
87.16% of voters voted for the Republican party in the 2020 Presidential Election
11.59% of voters voted for the Democrat party in the 2020 Presidential Election
1.25% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Echols County, Georgia has experienced noticeable fluctuations in its student-to-teacher ratio over the past decade, ranging from 13 in 2015 to a peak of 16 in 2021. Typically hovering near the national average, these variations hint at shifting educational demands and resource availability. For investors, educators, and potential residents, a higher ratio might indicate strained educational resources, potentially influencing property values and investment opportunities. Conversely, lower... Read more
Student-to-teacher ratio in Echols County, Georgia over the last 10 years
Over the past ten years, Echols County, Georgia has seen fluctuations in its student-to-teacher ratio, with values ranging from a low of 13 students per teacher in 2015 to a high of 16 in 2021. Notably, the ratio tends to hover around the national average of 14 students per teacher, though it has occasionally surpassed this benchmark. For investors, educators, and potential new residents, these changes may signal varying educational demands and resource allocation within the county. A higher student-to-teacher ratio could imply strain on educational resources, potentially impacting property values and investments in the area. Conversely, lower ratios might suggest better educational support, possibly making the county more attractive for families prioritizing quality education.
