Fulton County Real Estate and Livability Trends
Fulton County, Georgia is exhibiting strong economic growth with average taxable incomes soaring to $170,853.94 in 2021, suggesting a robust local economy but also higher financial obligations for residents. Median home values climbed to $398,300 in 2022, outpacing state and national figures, underscoring strong local market demand. Property crimes have seen intriguing shifts, particularly a... Read more
Fulton County Market Trends
Fulton County, Georgia has seen its median home values climb to $398,300 in 2022, significantly outpacing both state and national figures. This points to strong local market dynamics and potentially high demand. The county's residential energy tax credits surged dramatically in 2018, reflecting a trend towards energy-efficient homes, while real estate taxes have seen a steady rise, suggesting... Read more
Median Value of Occupied Housing Units in Fulton County, Georgia Over the Last 8 Years
Median home values in Fulton County, Georgia have seen a consistent upward trend over the last eight years, reaching $398,300 in 2022. This is a stark contrast to both the state and national medians, with Georgia at $245,900 and the U.S. at $179,400. Potential investors and homebuyers might see Fulton County as a hotspot compared to broader averages, hinting at robust local market dynamics and demand drivers.
Residential Energy Tax Credit Per Tax Return in Fulton County, GA Over the Last 9 Years
Fulton County, Georgia has seen significant fluctuations in the average residential energy tax credit per tax return over the past nine years. Highlights include a dramatic increase in 2018 to $1,787.05, suggesting a surge in energy-efficient home improvements or installations. Although there was a slight decrease post-2018, the values remained elevated compared to earlier years, with 2021 averaging $1,195.23. These trends are essential for potential investors and residents, indicating a growing incentive for energy-conscious real estate development and home upgrades in the region.
Average Real Estate Taxes Per Tax Return in Fulton County, GA Over the Last 10 Years
Real estate taxes per tax return in Fulton County, Georgia, have seen a notable increase over the past decade, from approximately $4,611.67 in 2012 to $7,878.78 in 2021. The most significant jump occurred between 2017 and 2018, climbing from $5,726.22 to $7,324.12. This steady rise may suggest a growing demand for real estate or an increase in property values, making it essential for investors and homebuyers to consider potential tax costs in their financial planning.
Percentage of Farm Returns in Fulton County, GA Over the Last 10 Years
Fulton County, Georgia, has seen a slight fluctuation in farm tax returns over the last decade, consistently hovering around the 0.17% to 0.13% range. These returns represent the proportion of tax filings from farming operations, which can provide insights into the agricultural activity and economic landscape of the county. For potential investors or those looking to build property, a steady but small percentage of farm tax returns suggests a minor presence of agriculture relative to other industries, implying a diversified economic base rather than heavy reliance on farming. These trends could indicate stability and potential growth in other sectors, which may be more attractive for broader commercial or residential real estate ventures.
Number of Mortgages by Occupancy Type in Fulton County, GA Over the Last 5 Years in Fulton County
Recent mortgage trends in Fulton County, Georgia show principal residences consistently dominating the market, with noticeable peaks in 2020 and 2021. Investment properties surged in 2021 but tapered off dramatically by 2022. Second residences remain a small slice of the pie, with slight fluctuations over the years. Shifts in these occupancy types could signal changes in market demand, indicating potential areas of growth or risk for investors and developers. Additionally, a heavy skew towards principal residences might suggest a stable, long-term homeowner base, impacting appraisals, insurance premiums, and real estate strategies.
Economic Outlook
Fulton County, Georgia is displaying signs of heightened economic vitality, with average taxable incomes reaching $170,853.94 in 2021. The rising state and local income taxes, climbing to $21,820.65 per tax return, and the significant increase in total tax liability, hitting $41,458.31, point to a flourishing local economy but also higher financial commitments for residents. Additionally, the percentage of people below the poverty line has generally decreased to 10.9% in 2022, suggesting an... Read more
Average Taxable Income per Tax Return in Fulton County, GA over the last 9 years
Fulton County, Georgia has seen a generally upward trend in average taxable income per tax return over the past nine years, with a notable spike occurring in 2021, where the average taxable income reached $170,853.94. This can be attractive to investors and property developers, as rising incomes may indicate a robust local economy and increasing purchasing power among residents. For potential homebuyers or those relocating, the data may suggest a growing affluence in the area, aligning with opportunities for high-end housing and services.
Average State and Local Income Taxes Per Tax Return in Fulton County, GA Over the Last 10 Years
Fulton County, Georgia has seen a steady increase in state and local income taxes per tax return over the past decade, with figures rising from $10,617.02 in 2012 to $21,820.65 in 2021. This upward trend underscores the county's growing economic activity and higher earnings among residents. Investors and prospective homeowners should consider the rising tax implications when planning their finances, but this growth also hints at a flourishing local economy, potentially offering robust opportunities for business and real estate development.
Average Total Tax Liability Per Tax Return in Fulton County, GA Over the Last 10 Years
The tax landscape in Fulton County, Georgia has seen substantial changes over the past decade. Average total tax liability per tax return has surged from $21,402.93 in 2012 to an impressive $41,458.31 in 2021. Notably, there was a sharp increase between 2020 and 2021, indicating potential shifts in local economic conditions or policy changes impacting taxpayers. This trend provides a crucial insight for investors and prospective residents, signaling a thriving local economy but also the need to assess tax implications on potential earnings.
Cost of Living in Fulton County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,979 | $1,838 | $1,815 | $1,736 | $1,980 |
| 1 adult 4 children | $1,979 | $1,501 | $1,387 | $1,736 | $2,055 |
| 2 adults 3 children | $1,979 | $1,501 | $1,575 | $1,736 | $1,673 |
| 1 adult 3 children | $1,979 | $1,226 | $1,147 | $1,736 | $1,790 |
| 2 adults 2 children | $1,626 | $1,229 | $1,335 | $1,522 | $1,345 |
| 1 adult 2 children | $1,626 | $918 | $907 | $1,522 | $1,386 |
| 2 adults 1 child | $1,626 | $971 | $1,096 | $828 | $1,160 |
| 1 adult 1 child | $1,626 | $627 | $668 | $828 | $1,070 |
| 2 adults | $1,440 | $780 | $856 | $0 | $943 |
| 1 adult | $1,408 | $426 | $428 | $0 | $829 |
Safety trends & Data
In Fulton County, Georgia, property crimes have showcased some intriguing shifts over the past five years. Fraud-related crimes, in particular, surged from 459 incidents in 2018 to 2,768 in 2022, which could hint at economic vulnerabilities or an uptick in white-collar crime. Larceny-theft also remains high, peaking at 1,684 incidents in 2022. Trends in motor vehicle theft and burglary appear erratic, reflecting fluctuating security conditions or law enforcement responses. These insights are... Read more
Property Crime Trends in Fulton County, GA Over the Last 5 Years
The property crime landscape in Fulton County, Georgia, has shown some interesting fluctuations over the past five years. Particularly noteworthy is the substantial increase in fraud-related crimes, surging from 459 incidents in 2018 to 2,768 in 2022, potentially signaling underlying economic vulnerabilities or a rise in white-collar crime. Larceny-theft also remains prevalent, with a peak of 1,684 incidents in 2022. Meanwhile, motor vehicle theft and burglary displays a somewhat erratic trend, indicating varying security conditions or law enforcement efficacy. Such data can provide crucial insights for investors, builders, and residents alike, highlighting areas where security enhancements or community vigilance may be needed. For insurance agents, this could suggest potential areas for adjusting policy premiums based on rising or falling crime trends.
Demographics
Fulton County, Georgia, exhibits diverse demographics reflecting varied educational attainments, age groups, and racial compositions. The adult population tilts slightly in favor of females. In education, the county has a notably high proportion of residents holding bachelor's or graduate degrees, suggesting a well-educated populace. Age distribution reveals a young demographic, with substantial percentages in the 25 to 34 age range, potentially influencing local labor markets and housing... Read more
Race Distribution in Fulton County, Georgia (2022)
Educational Attainment in Fulton County, Georgia (2022)
Age Distribution in Fulton County, Georgia
Citizen Population in Fulton County, Georgia (2022)
Political Trends & Data
In Fulton County, Georgia, the 2020 U.S. presidential election results reveal a substantial Democratic lean, with roughly 73% of votes favoring the party. This urban region shows a notable disparity as Republicans received only about 26% of the votes, while third parties barely registered. This might highlight broader demographic and political shifts within the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Fulton County, Georgia, the 2020 U.S. presidential election saw a significant trend with roughly 73% of the votes leaning towards the Democratic Party, indicating a strong preference in this urban area. Republicans garnered just about 26%, showcasing a notable disparity between the major parties in this locality. The presence of third parties such as the Libertarians was minimal, barely making an impact with just around 1%. This data might reflect broader demographic and political shifts within the county.
26.16% of voters voted for the Republican party in the 2020 Presidential Election
72.65% of voters voted for the Democrat party in the 2020 Presidential Election
1.20% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Fulton County, Georgia has seen its student-to-teacher ratio vary over the past decade, from around 16 in 2014 to about 13 in 2021, generally aligning with the national average of 14. Recent improvements below this benchmark may point to changes in educational funding or teacher numbers, potentially influencing educational quality and property values. This could be an important consideration for those looking to move or invest in the... Read more
Student-to-teacher ratio in Fulton County, Georgia over the last 10 years
The student-to-teacher ratio in Fulton County, Georgia has shown fluctuations over the past decade, ranging from a high of about 16 in 2014 to a low of approximately 13 in 2021. This trend indicates that the ratio has consistently hovered around the national average of 14 students per teacher, with recent years showing a slight improvement below this national benchmark. Such changes in the student-to-teacher ratio might signal adjustments in educational funding, teacher workforce size, or shifting enrollment figures, which could impact everything from educational quality to property values for those considering moving to or investing in the area.
