Habersham County Real Estate and Livability Trends
Habersham County, Georgia’s real estate market is experiencing notable growth, with median home values climbing from $131,500 in 2015 to $188,800 in 2022, albeit remaining more affordable than the state median of $245,900. Energy-efficient home upgrades are becoming popular, as highlighted by the average residential energy tax credit peaking at $1,056.25 in 2021. Property taxes surged to... Read more
Habersham County Market Trends
Habersham County, Georgia's real estate market is on an upward trajectory, with median home values rising from $131,500 in 2015 to $188,800 in 2022, though still more accessible than Georgia’s state-level median of $245,900. Over the past nine years, the average residential energy tax credit per tax return surged, peaking at $1,056.25 in 2021—highlighting a growing focus on energy-efficient... Read more
Median Value of Occupied Housing Units in Habersham County, Georgia Over the Last 8 Years
Habersham County's median home values have shown an increase from $131,500 in 2015 to $188,800 in 2022, which reflects a robust growth trajectory. This growth, while substantial, has still lagged behind Georgia's state-level median value which escalated from $148,100 in 2015 to $245,900 in 2022, indicating a more aggressive upward trend. Nonetheless, Habersham County has outpaced the national median, which rose from $125,500 to $179,400 during the same period. These shifts could signal opportunities for investors and potential homebuyers looking for value in a market that’s exhibiting solid growth, yet remains more accessible than the broader state market.
Residential Energy Tax Credit Per Tax Return in Habersham County, GA Over the Last 9 Years
Over the last nine years, the average residential energy tax credit per tax return in Habersham County, Georgia has shown substantial growth. Starting at $317.14 in 2013, the amount gradually increased with a notable jump to $700.00 in 2018 and peaking at $1056.25 in 2021. This trend reflects increasing investments in energy-efficient home improvements, which could signify rising environmental awareness and incentives that make Habersham County attractive to potential investors looking for sustainable property development opportunities.
Average Real Estate Taxes Per Tax Return in Habersham County, GA Over the Last 10 Years
Real estate taxes in Habersham County, Georgia have been on a noticeable upward trajectory over the past decade, with a pronounced spike starting around 2018. By 2021, the average real estate tax amount per return had climbed to about $3,587.29 from $1,973.26 in 2012. This significant increase could suggest rising property values or changes in tax policies that potential residents, investors, and property developers should consider when assessing the overall financial climate of the county.
Percentage of Farm Returns in Habersham County, GA Over the Last 10 Years
In Habersham County, Georgia, the percentage of farm tax returns has seen a subtle decline over the past decade, starting at 2.19% in 2012 and dipping to around 1.67% by 2021. This marginal downward trend hints at possible shifts in the local agricultural economy or demographic changes impacting farm ownership and operations. For those considering investments, relocations, or developments in the county, these trends could suggest evolving economic landscapes that might influence future property values and local business opportunities. Farm tax returns often reflect the financial well-being and productivity levels of agricultural activities in the region. Understanding these trends is crucial for investors and residents, as they offer insights into the local economy's health and potential growth areas within the agricultural sector.
Number of Mortgages by Occupancy Type in Habersham County, GA Over the Last 5 Years in Habersham County
Habersham County, Georgia has shown varied trends in mortgage counts across different occupancy types over the last five years. Principal residence mortgages saw a peak in 2021 but revealed a notable decline by 2022. Investment property mortgages have fluctuated slightly but stayed relatively consistent, while second residence mortgages have generally decreased. These shifts in occupancy type inform a lot about local economic conditions and market dynamics, such as demand for primary living spaces versus investment opportunities. For investors and developers, understanding whether a market leans more towards principal residences or investment properties is crucial for making informed decisions about property development and pricing strategies. Additionally, the number of second homes can hint at the local area's appeal as a vacation or secondary residence spot, potentially impacting local businesses and services.
Economic Outlook
Habersham County, Georgia has seen a general rise in average taxable income per tax return, climbing to $61,796.68 in 2021 from $44,423.23 in 2013, suggesting potential economic growth. State and local income taxes have also jumped, with notable increases from $4,284.87 in 2012 to $7,763.87 in 2021, significantly impacting property investment decisions. The average total tax liability per tax return rose approximately 39% over the past decade, indicating a robust local economy but also higher... Read more
Average Taxable Income per Tax Return in Habersham County, GA over the last 9 years
Habersham County, Georgia has seen a generally upward trend in average taxable income per tax return over the past nine years, reaching $61,796.68 in 2021 from $44,423.23 in 2013. This increase suggests potential economic growth and rising income levels, which could interest investors and individuals looking to move into the area. The steady rise, despite a small dip in 2016 and a slight plateau in 2019, indicates a resilient economy and possibly a thriving job market. For those considering building property or investing in real estate, these numbers might point toward increasing property values and a strong return on investment.
Average State and Local Income Taxes Per Tax Return in Habersham County, GA Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Habersham County, Georgia have seen significant growth, moving from $4284.87 in 2012 to $7763.87 in 2021. The jump between 2017 and 2018 is particularly noteworthy, with taxes leaping from $5334.55 to $7818.90. This trend reflects broader economic changes that could impact property investment decisions and cost of living considerations for potential movers and investors.
Average Total Tax Liability Per Tax Return in Habersham County, GA Over the Last 10 Years
In Habersham County, Georgia, the average total tax liability per tax return has shown an overall upward trend over the past decade. Notably, tax liability figures increased from $6,123.55 in 2012 to $8,494.09 in 2021, indicating an approximate 39% rise. This consistent growth, despite some marginal fluctuations, may reflect economic factors such as rising incomes, property values, or changes in tax policy. For investors and potential homeowners, this trend could signal a robust local economy, though it also implies higher tax commitments. For current residents, understanding these shifts assists in financial planning and gauging long-term living costs.
Cost of Living in Habersham County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,049 | $1,291 | $1,436 | $1,048 | $908 |
1 adult 4 children | $1,049 | $1,054 | $1,096 | $1,048 | $968 |
2 adults 3 children | $1,049 | $1,055 | $1,248 | $1,048 | $747 |
1 adult 3 children | $1,049 | $861 | $907 | $1,048 | $774 |
2 adults 2 children | $772 | $863 | $1,059 | $908 | $654 |
1 adult 2 children | $772 | $645 | $718 | $908 | $587 |
2 adults 1 child | $772 | $682 | $870 | $454 | $641 |
1 adult 1 child | $772 | $441 | $529 | $454 | $554 |
2 adults | $652 | $548 | $681 | $0 | $589 |
1 adult | $516 | $299 | $341 | $0 | $497 |
Safety trends & Data
Habersham County, Georgia has seen significant fluctuations in property crime, particularly in larceny-theft, which peaked at 114.0 incidents in 2018 but dropped dramatically to just 6.0 by 2021, and then rose to 29.0 in 2022. Burglary also saw a noticeable increase in 2021 with 16.0 incidents before reducing to 9.0 in 2022. Motor vehicle theft has remained consistently low, never exceeding 7.0 incidents annually. Fraud and forgery/counterfeiting trends varied, with fraud peaking at 24.0... Read more
Property Crime Trends in Habersham County, GA Over the Last 5 Years
Habersham County, Georgia has experienced notable fluctuations in property crime over the past five years. Larceny-Theft, peaking at 114.0 incidents in 2018, significantly dropped to just 6.0 incidents by 2021, and then increased to 29.0 incidents in 2022. Burglary incidents saw a notable rise in 2021 with 16.0 incidents and then reduced to 9.0 in 2022. Motor Vehicle Theft remained relatively low, never surpassing 7.0 incidents in any given year. Fraud and Forgery/Counterfeiting, although lower in numbers, showed varied trends, with Fraud peaking at 24.0 in 2018 and a notable low of 1.0 incident in 2022. Vandalism incidents have remained low and steady, with no significant spikes or drops. This evolving crime landscape might be critical for potential investors, real estate agents, and residents when evaluating the overall safety and property values in Habersham County.
Demographics
Habersham County, Georgia sees slight gender disparity with females outnumbering males. Education-wise, while a significant portion has achieved high school graduation or some college, fewer possess higher degrees, with less than half holding an Associate's, Bachelor's, or Graduate degree. Age distribution is fairly balanced, though there's a slight skew toward middle-aged groups. The racial makeup predominantly consists of Whites, with smaller representations of Black or African American,... Read more
Race Distribution in Habersham County, Georgia (2022)
Educational Attainment in Habersham County, Georgia (2022)
Age Distribution in Habersham County, Georgia
Citizen Population in Habersham County, Georgia (2022)
Political Trends & Data
Habersham County, Georgia, showed a strong Republican preference in the 2020 U.S. Presidential Election, with over 81% of votes potentially going to Republican candidates. Democratic candidates attracted about 17% of the votes, while Libertarian and other parties barely made a mark. This dominant Republican leaning could inform future electoral strategies and campaigns in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Habersham County, Georgia witnessed a significant leaning towards the Republican party in the 2020 U.S. Presidential Election, with over 81% of the votes potentially going to Republican candidates. Meanwhile, Democratic candidates seemed to have garnered a much smaller fraction, roughly 17%. Libertarian votes might have barely made a dent at a little over 1%, and other parties did not appear to make a notable impact. Such voting patterns may reflect the county's political alignment, providing insights into future electoral strategies.
81.43% of voters voted for the Republican party in the 2020 Presidential Election
17.44% of voters voted for the Democrat party in the 2020 Presidential Election
1.14% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Over the last decade, the student-to-teacher ratio in Habersham County, Georgia, has shown some significant fluctuations. Despite starting around the national average of 14 students per teacher in 2014 and 2015, a stark spike in 2016 saw it reach an unusual peak of 83 before tapering off to more normalized levels. By 2020, the ratio settled around 13 students per teacher. These shifts could suggest varying levels of educational resource allocation and classroom sizes, potentially influencing... Read more
Student-to-teacher ratio in Habersham County, Georgia over the last 10 years
Over the last decade, the student-to-teacher ratio in Habersham County, Georgia has shown significant fluctuations. Starting around the national average of 14 students per teacher in 2014 and 2015, a stark spike occurred in 2016, reaching an unusual peak of 83 before it tapered off to more normalized levels. By 2020, the ratio had balanced out below the national average, settling around 13 students per teacher in recent years. For potential investors, residents, educators, and real estate agents, these shifts could indicate varying levels of educational resource allocation and classroom sizes, which might influence property values, local school ratings, and overall community appeal.