Glascock County Real Estate and Livability Trends
In Glascock County, Georgia, median home values jumped from $66,300 in 2015 to $117,300 in 2022, reflecting a growing demand for property. Despite this rise, home values remain significantly lower than both the state ($245,900) and national ($179,400) medians, offering an attractive buy for potential homeowners. The increase in real estate taxes from $1,515.00 in 2012 to $1,950.00 in 2021 might... Read more
Glascock County Market Trends
In Glascock County, Georgia, median home values surged from $66,300 in 2015 to $117,300 in 2022, pointing to rising property demand and a potentially robust local economy. Despite this growth, home values remain more affordable compared to the state median of $245,900 and the national median of $179,400, making it an attractive option for buyers. Real estate taxes have also trended upwards, from... Read more
Median Value of Occupied Housing Units in Glascock County, Georgia Over the Last 8 Years
In Glascock County, Georgia, median home values have seen a significant rise over the past eight years, climbing from $66,300 in 2015 to $117,300 in 2022. This growth, especially the substantial jumps between 2019 and 2022, suggests increasing property demand and potentially a strengthening local economy. Comparatively, Glascock's figures remain lower than both the state median of $245,900 in 2022 and the national median of $179,400, indicating it could be a more affordable option for those looking to invest or relocate within Georgia. This disparity also suggests opportunities for investment growth as the county continues to close the gap with higher state and national values.
Average Real Estate Taxes Per Tax Return in Glascock County, GA Over the Last 10 Years
The last decade has seen a notable upward trend in average real estate taxes per tax return in Glascock County, Georgia, with values fluctuating but generally increasing from $1,515.00 in 2012 to $1,950.00 in 2021. The spike in 2019 to $2,200.00 and further to $2,350.00 in 2020 suggests a possible surge in property values or changes in tax rates. For those looking to invest, move to, or build property in the area, this trend might indicate increasing property values and a potentially higher cost of ownership. Residents and stakeholders should be aware of these changes to better navigate financial planning and investment strategies.
Percentage of Farm Returns in Glascock County, GA Over the Last 10 Years
The percentage of farm tax returns in Glascock County, Georgia appears to have ranged mainly between 8.18% and 10.0% over the past decade. Though there is some fluctuation, the general trend suggests a slight increase moving towards 10.09% in 2018 before dipping back to 7.88% in 2021. Farm tax returns represent a significant part of local revenue and reflect agricultural productivity, impacting local economic stability. This could be a key indicator for those considering investments, seeking to build property, or interested in the agricultural viability of Glascock County.
Number of Mortgages by Occupancy Type in Glascock County, GA Over the Last 5 Years in Glascock County
Glascock County, Georgia has seen a notable increase in mortgages for principal residences over the last five years, peaking dramatically in 2021 with 114 mortgages. Investment properties also showed some activity, especially in 2021, whereas the number of second residence mortgages remained minimal. This shift towards principal residences suggests a growing local population or a preference for stability among residents, crucial information for investors and developers eyeing long-term, sustainable growth. Appraisers and insurance agents might see this as a sign of changing risk profiles and housing demand. For real estate agents, understanding these dynamics could help fine-tune marketing strategies to cater to potential homeowners rather than short-term investors.
Economic Outlook
Glascock County, Georgia has shown a steady increase in average taxable income per tax return, rising from approximately $38,251.85 in 2013 to around $52,738.79 in 2021, indicating a growing economic base. The fluctuating but overall rising trend in state and local income taxes peaked at $6,075.00 in 2020 before dropping to $4,100.00 in 2021, hinting at fiscal changes affecting individual financial planning. Average tax liability per return increased from $4,471.05 in 2012 to $6,356.82 in 2021,... Read more
Average Taxable Income per Tax Return in Glascock County, GA over the last 9 years
Over the past nine years, Glascock County, Georgia has seen a steady increase in average taxable income per tax return, rising from approximately $38,251.85 in 2013 to around $52,738.79 in 2021. This upward trend suggests a growing economic base, which could be attractive for potential investors, developers, or new residents looking at the financial health of the region. This growth in income may also signal opportunities for local businesses and services to expand, catering to an increasingly prosperous population.
Average State and Local Income Taxes Per Tax Return in Glascock County, GA Over the Last 10 Years
Over the past decade, Glascock County, Georgia has seen a fluctuating yet overall rising trend in average state and local income taxes per tax return, peaking at $6075.00 in 2020 before dropping to $4100.00 in 2021. This data indicates a potential for increasing fiscal demands which could impact both individual and business financial planning. The notable drop in 2021 might suggest relief measures or changes in local economic conditions. Essential for investors and prospective residents to consider, these trends highlight dynamic economic factors worth monitoring for informed decision-making.
Average Total Tax Liability Per Tax Return in Glascock County, GA Over the Last 10 Years
Over the past decade, Glascock County, Georgia has seen noticeable swings in average tax liability per return. The figures reveal an increase from around $4,471.05 in 2012 to $6,356.82 in 2021, reflecting possible economic or policy shifts. Notable spikes occurred starting from 2015 onwards, suggesting changes that could be critical for potential investors or those considering relocation. The rise in tax liability might imply growing incomes or adjustments in tax rates, important factors for evaluating the financial landscape of the county.
Cost of Living in Glascock County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,044 | $1,239 | $2,059 | $1,048 | $1,131 |
| 1 adult 4 children | $1,044 | $1,012 | $1,576 | $1,048 | $1,213 |
| 2 adults 3 children | $1,044 | $1,012 | $1,785 | $1,048 | $923 |
| 1 adult 3 children | $1,044 | $826 | $1,303 | $1,048 | $947 |
| 2 adults 2 children | $772 | $828 | $1,512 | $908 | $788 |
| 1 adult 2 children | $772 | $619 | $1,029 | $908 | $710 |
| 2 adults 1 child | $772 | $655 | $1,238 | $454 | $751 |
| 1 adult 1 child | $772 | $423 | $756 | $454 | $629 |
| 2 adults | $684 | $526 | $965 | $0 | $684 |
| 1 adult | $648 | $287 | $482 | $0 | $591 |
Safety trends & Data
Glascock County, Georgia, has experienced fluctuating property crime rates over the past five years, with notable spikes such as three burglary incidents in 2020 and two larceny-theft cases in 2019. Motor vehicle thefts have been sporadic but present, with instances reported in 2019 and 2021. Vandalism remains minimal, appearing only once in 2021. This unpredictable yet generally low crime landscape could influence investment decisions, relocation preferences, and property development... Read more
Property Crime Trends in Glascock County, GA Over the Last 5 Years
Over the past five years, property crime in Glascock County, Georgia has shown a varied pattern with fluctuations in incidents of burglary, larceny-theft, motor vehicle theft, and vandalism. Burglary cases have remained relatively steady with occasional increases, notably, a spike to three incidents in 2020. Larceny-theft saw a peak in 2019 with two reported cases but has since decreased. Motor vehicle theft appears sporadic with single incidents reported in 2019 and 2021. Vandalism has been minimal, with only one report in 2021. This suggests that while property crime is low, it can be unpredictable, which may influence decisions on investment, relocation, and property development in the area.
Demographics
Glascock County, Georgia, depicts an adult population with a gender split slightly favoring females over males. Educational attainment reveals a strong representation of high school graduates, while a smaller portion holds bachelor's or higher degrees. Age distribution shows a broad spread across different age groups, with notable concentrations of residents aged 35 to 54 years. The racial makeup is predominantly White, with a small percentage identifying as Black or African American and... Read more
Race Distribution in Glascock County, Georgia (2022)
Educational Attainment in Glascock County, Georgia (2022)
Age Distribution in Glascock County, Georgia
Citizen Population in Glascock County, Georgia (2022)
Political Trends & Data
In Glascock County, Georgia, voting patterns from the 2020 U.S. Presidential Election show a dominant preference for the Republican Party, capturing nearly 90% of the votes. The Democratic Party lagged significantly with just under 10%, and the Libertarian Party garnered a minimal presence. These figures might indicate a deeply entrenched conservative stance within this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Glascock County, Georgia, voting patterns from the 2020 U.S. Presidential Election show a dominant preference for the Republican Party, capturing nearly 90% of the votes. The Democratic Party lagged significantly with just under 10%, and the Libertarian Party garnered a minimal presence. These figures might indicate a deeply entrenched conservative stance within this county.
89.59% of voters voted for the Republican party in the 2020 Presidential Election
9.90% of voters voted for the Democrat party in the 2020 Presidential Election
0.51% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Glascock County, Georgia has seen its student-to-teacher ratio dip from 16 in 2014 to just under 13 in 2023, outperforming the national average of 14. This trend could make the area more appealing for families prioritizing education quality and educators seeking manageable classroom environments. Lower ratios may also positively influence property values, potentially affecting real estate investment... Read more
Student-to-teacher ratio in Glascock County, Georgia over the last 10 years
Over the last decade, Glascock County, Georgia has seen a noticeable decrease in its student-to-teacher ratio, dipping from 16 in 2014 to just under 13 in 2023. This trend points towards smaller class sizes, which could be beneficial for both student performance and teacher workload. With the national average sitting at about 14 students per teacher, Glascock County is now outperforming this benchmark. This could make the area more attractive for families prioritizing education quality, as well as for educators seeking more manageable classroom environments. Lower ratios may also influence property values positively, affecting investment and real estate opportunities.
