Forsyth County Real Estate and Livability Trends
Forsyth County, Georgia has seen a remarkable increase in median home values, jumping from $267,300 in 2015 to $451,100 in 2022, outpacing both state and national averages. This substantial growth suggests a robust demand for housing and might correlate with economic affluence, as average taxable income per tax return climbed from $88,937.35 in 2013 to $128,983.19 in 2021. The declining poverty... Read more
Forsyth County Market Trends
Forsyth County, Georgia has experienced significant growth in median home values, soaring from $267,300 in 2015 to $451,100 in 2022, which outpaces both state and national averages. Alongside this, real estate taxes have also risen sharply, from $2,847.19 in 2012 to $5,088.71 in 2021, indicating stronger property values and perhaps enhanced community services. The county's residential energy tax... Read more
Median Value of Occupied Housing Units in Forsyth County, Georgia Over the Last 8 Years
Over the last eight years, Forsyth County, Georgia has seen a dramatic increase in median home values, climbing from $267,300 in 2015 to $451,100 in 2022. This growth far outpaces both Georgia's state average, which rose from $148,100 to $245,900 over the same period, and the national average, which increased from $125,500 to $179,400. These trends suggest Forsyth County might be a particularly attractive option for real estate investors and those looking to settle in a rapidly appreciating area.
Residential Energy Tax Credit Per Tax Return in Forsyth County, GA Over the Last 9 Years
Forsyth County, Georgia has seen significant fluctuations in the average residential energy tax credit per tax return over the past nine years, with notable peaks in 2018 at $1,747.37 and substantial drops, such as in 2017 at $451.02. This variability highlights the county's changing energy efficiency investments and tax incentive dynamics, which are crucial for potential investors and homeowners focused on sustainable energy solutions and financial returns.
Average Real Estate Taxes Per Tax Return in Forsyth County, GA Over the Last 10 Years
Forsyth County, Georgia has seen a steady increase in real estate taxes over the past decade, with values rising from $2,847.19 in 2012 to $5,088.71 in 2021. Despite a sharp escalation beginning around 2015, particularly noticeable between 2017 and 2018 where taxes jumped from $3,785.59 to $4,651.84, this could indicate stronger property values and perhaps improved community services. Investors and potential residents might find this tax trend indicative of a healthy, growing locale but should consider balancing this with the rising costs of property ownership.
Percentage of Farm Returns in Forsyth County, GA Over the Last 10 Years
The data reveals a noticeable decline in the percentage of farm tax returns in Forsyth County, Georgia over the past decade, tapering from around 0.51% in 2012 to approximately 0.30% in 2021. Farm tax returns, typically filed by agricultural enterprises to report income, expenses, and other pertinent financial details, serve as a barometer for the local agricultural sector's activity. For potential investors and property developers, this downward trend might hint at a shift in the county's economic landscape, possibly towards more urban or non-agricultural uses. Meanwhile, individuals moving to or currently residing in Forsyth County may find this information useful when considering the area's economic diversity and resource allocation.
Number of Mortgages by Occupancy Type in Forsyth County, GA Over the Last 5 Years in Forsyth County
There’s a notable rise in the number of mortgages for Principal Residences in Forsyth County, Georgia, within the past five years, peaking in 2020 with 37,623. Investment Properties have also seen an uptick, although less drastic, while Second Residences remain low and relatively stable. Changes in occupancy type are vital for understanding market demand; investors might see potential in diversifying their property types, appraisers and insurance agents can better predict risk and value, and real estate agents can tailor their strategies accordingly. The dynamics between primary homes and investment properties could signal shifting priorities among buyers and impact future community planning and resources.
Economic Outlook
Forsyth County, Georgia has observed a significant rise in average taxable income per tax return, climbing from $88,937.35 in 2013 to $128,983.19 in 2021, hinting at growing economic affluence. State and local income taxes also surged, from $7,391.83 in 2012 to $13,228.83 by 2021, reflecting the region's economic growth and rising income levels. Additionally, the total tax liability increased from $15,822.93 in 2012 to $24,453.19 in 2021, further indicating rising affluence and economic... Read more
Average Taxable Income per Tax Return in Forsyth County, GA over the last 9 years
Forsyth County, Georgia has seen a notable increase in average taxable income per tax return over the past nine years. Starting at approximately $88,937.35 in 2013, it rose steadily to reach about $128,983.19 in 2021. This trend might suggest a growing economic affluence in the area, which could be of interest to investors, potential residents, and developers considering opportunities in Forsyth County. The increasing taxable income may indicate a thriving local economy and potentially higher discretionary spending power among residents.
Average State and Local Income Taxes Per Tax Return in Forsyth County, GA Over the Last 10 Years
Over the past decade, Forsyth County, Georgia has experienced a steady climb in average state and local income taxes per tax return, starting at $7,391.83 in 2012 and reaching $13,228.83 by 2021. This significant increase underscores the region's economic growth and rising income levels, making it an attractive spot for potential investors and new residents interested in a prosperous area with evolving tax implications.
Average Total Tax Liability Per Tax Return in Forsyth County, GA Over the Last 10 Years
Forsyth County, Georgia's average total tax liability per tax return has seen a notable upward trend over the last decade. From around $15,822.93 in 2012, the liability increased steadily to reach $24,453.19 by 2021. This significant growth suggests a rising affluence and economic development in the area, making it attractive for potential investors, property builders, and new residents. Higher tax liabilities imply increasing income levels, which often result in enhanced infrastructure and public services, contributing to an improved quality of life and heightened real estate value in the county.
Cost of Living in Forsyth County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $2,344 | $1,669 | $1,896 | $1,736 | $2,267 |
| 1 adult 4 children | $2,344 | $1,363 | $1,449 | $1,736 | $2,326 |
| 2 adults 3 children | $2,344 | $1,363 | $1,645 | $1,736 | $1,983 |
| 1 adult 3 children | $2,344 | $1,113 | $1,199 | $1,736 | $2,122 |
| 2 adults 2 children | $1,926 | $1,116 | $1,394 | $1,522 | $1,604 |
| 1 adult 2 children | $1,926 | $834 | $948 | $1,522 | $1,675 |
| 2 adults 1 child | $1,926 | $882 | $1,143 | $828 | $1,340 |
| 1 adult 1 child | $1,926 | $570 | $697 | $828 | $1,334 |
| 2 adults | $1,705 | $709 | $893 | $0 | $1,105 |
| 1 adult | $1,668 | $387 | $446 | $0 | $1,043 |
Safety trends & Data
Forsyth County, Georgia has experienced a notable decline in property crimes like burglary and larceny-theft over the past five years, potentially indicating better security or improved socioeconomic conditions. Despite this, instances of vandalism and fraud have remained steady, highlighting ongoing challenges. The significant drop in motor vehicle theft and arson cases suggests effective community awareness and preventive measures. For investors, real estate agents, and potential movers,... Read more
Property Crime Trends in Forsyth County, GA Over the Last 5 Years
Over the last five years, Forsyth County, Georgia has shown a notable decrease in property crime, particularly in burglary and larceny-theft, which could suggest improvements in security or socioeconomic conditions. However, instances of vandalism and fraud have remained relatively steady, indicative of persistent challenges in these areas. The sharp drop in motor vehicle theft and arson cases is encouraging, possibly reflecting enhanced community awareness and preventive measures. For investors, real estate agents, and potential movers, these trends suggest an evolving landscape that balances increasing safety with ongoing concerns in certain crime categories.
Demographics
Forsyth County, Georgia, saw a relatively balanced adult gender population in 2022, with males slightly outnumbered by females. The educational attainment data suggests a well-educated populace, as more than 58,000 individuals hold a bachelor's degree and over 35,000 have a graduate or professional degree. The age distribution shows a significant number of residents in their prime working years, specifically those aged 35 to 54. Racially, the county is predominantly White, but there is notable... Read more
Race Distribution in Forsyth County, Georgia (2022)
Educational Attainment in Forsyth County, Georgia (2022)
Age Distribution in Forsyth County, Georgia
Citizen Population in Forsyth County, Georgia (2022)
Political Trends & Data
Forsyth County in Georgia exhibited a pronounced conservative inclination during the 2020 U.S. Presidential Election, with Republicans securing about 66% of the vote. Democrats received roughly 33%, while Libertarians managed just over 1.5%. The limited support for other parties might indicate a primarily conservative voter base, potentially influencing local policy and, in turn, the real estate market... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Forsyth County in Georgia displayed a significant preference for the Republican party during the 2020 U.S. Presidential Election, with them capturing around 66% of the vote. The Democrats garnered approximately 33%, showing a notable yet smaller support base. Libertarians trailed far behind with just over 1.5% of the votes, and no significant support was evident for the Green party or other candidates. This data might suggest a predominantly conservative leaning within this county.
65.83% of voters voted for the Republican party in the 2020 Presidential Election
32.64% of voters voted for the Democrat party in the 2020 Presidential Election
1.53% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Forsyth County, Georgia has seen a decline in the student-to-teacher ratio from 22 students per teacher in 2014 to around 16 students per teacher in 2023. Despite still being above the national average of 14, this trend implies improved student attention and may attract families prioritizing education. Real estate agents marketing the area and investors eyeing educational infrastructure might find this appealing, as smaller class sizes are often linked with better educational outcomes. This... Read more
Student-to-teacher ratio in Forsyth County, Georgia over the last 10 years
In Forsyth County, Georgia, the student-to-teacher ratio has gradually decreased from 22 students per teacher in 2014 to about 16 students per teacher in 2023. While still slightly above the national average of 14 students per teacher, the downward trend suggests improved individual attention for students over time. This change could be significant for families considering moving to the area, real estate agents marketing the region, and investors looking at educational infrastructure, as smaller class sizes often correlate with a higher quality of education. Additionally, appraisers and insurance agents might find this data relevant when evaluating property values, as better schools can drive up local real estate prices.
