Irwin County Real Estate and Livability Trends
In Irwin County, Georgia, notable trends highlight significant shifts in incomes and taxes that might influence the local real estate market. The average taxable income per tax return rose from $37,904.93 in 2013 to $49,206.87 in 2021, paired with a rise in state and local income taxes from $4,645.45 in 2012 to $6,230.00 in 2021. Median home values have increased to $94,700 in 2022, painting the... Read more
Irwin County Market Trends
Median home values in Irwin County, Georgia have increased modestly, hitting $94,700 in 2022. Compared to broader figures, this positions the county as a cost-effective option within the state. Furthermore, residents have benefited from rising residential energy tax credits, jumping from $1,166.67 to $1,375.00 from 2020 to 2021, which highlights a growing focus on energy efficiency. Real estate... Read more
Median Value of Occupied Housing Units in Irwin County, Georgia Over the Last 8 Years
Irwin County, Georgia has shown a relatively modest increase in median home values over the past eight years, reaching $94,700 in 2022, compared to the statewide surge to $245,900 and the national rise to $179,400. This disparity may present a more accessible entry point for potential investors or new residents, offering a potentially lower-cost alternative within Georgia. Despite some fluctuations, such as a dip in 2018, the consistent upward trend since 2019 suggests a stabilizing market with room for appreciation.
Residential Energy Tax Credit Per Tax Return in Irwin County, GA Over the Last 7 Years
Residents of Irwin County, Georgia have seen a significant increase in their residential energy tax credits over the past seven years. Notably, from 2020 to 2021, the average tax credit per return skyrocketed from $1,166.67 to $1,375.00, indicating a growing investment in energy-efficient improvements. This uptick is particularly attractive for potential investors and homebuilders, underscoring the area’s commitment to sustainable living while also offering substantial financial incentives.
Average Real Estate Taxes Per Tax Return in Irwin County, GA Over the Last 10 Years
Real estate taxes in Irwin County, Georgia have seen notable increases over the past decade, starting at $1,703.08 in 2012 and reaching $2,656.25 by 2021. The most significant jump occurred between 2017 and 2018, where taxes leaped from $2,110.00 to $2,795.24. This upward trend suggests potential investors or current homeowners might need to factor in rising tax costs when budgeting for properties in the area. Such data can indicate broader economic developments or changes in local government policies that could directly affect real estate affordability and investment attractiveness in Irwin County.
Percentage of Farm Returns in Irwin County, GA Over the Last 10 Years
Over the past decade in Irwin County, Georgia, the percentage of farm tax returns has shown slight fluctuations, generally hovering around the 10.0% mark. Notable peaks can be observed in 2018 where farm tax returns climbed to around 10.76%, followed by a dip to approximately 9.67% in 2019. Farm tax returns refer to the portion of tax filings specifically from farm-related income, an important indicator of the agricultural sector's contribution to the local economy. Prospective investors and residents might find these trends insightful for understanding the stability and economic health of the agricultural community in Irwin County.
Number of Mortgages by Occupancy Type in Irwin County, GA Over the Last 5 Years in Irwin County
Irwin County, Georgia has seen consistent growth in the number of mortgages linked to principal residences over the past five years, with a notable spike in 2021. Investment properties and second residences have generally remained stable, but the significant increase in principal residence mortgages suggests a rising demand for homes intended for long-term occupancy. For potential investors or real estate agents, this trend indicates a robust and possibly expanding local market, which could signal solid investment returns. Appraisers and insurance agents might find these trends crucial for assessing property values and risk profiles, while potential homebuyers could see this as a sign of a thriving community.
Economic Outlook
Irwin County, Georgia, shows an upward trend in average taxable income per tax return, rising from $37,904.93 in 2013 to $49,206.87 in 2021. Noteworthy jumps, particularly in 2021, likely reflect economic developments or demographic shifts. Alongside this, state and local income taxes have surged from roughly $4,645.45 in 2012 to $6,230.00 in 2021, with key increases in 2018 and 2020 possibly tied to economic factors. The average total tax liability has similarly climbed, increasing to... Read more
Average Taxable Income per Tax Return in Irwin County, GA over the last 9 years
The chart shows that the average taxable income per tax return in Irwin County, Georgia, has generally trended upward over the last nine years, starting from $37,904.93 in 2013 to $49,206.87 in 2021. Noteworthy jumps are observed from 2016 and particularly in 2021, suggesting possible economic developments or shifts in demographics. This could be of interest to investors or potential residents looking at economic stability and growth potential in the area.
Average State and Local Income Taxes Per Tax Return in Irwin County, GA Over the Last 10 Years
Irwin County, Georgia has seen a significant rise in average state and local income taxes per tax return over the past decade, increasing from approximately $4,645.45 in 2012 to $6,230.00 in 2021. Noteworthy spikes occurred in 2018 and 2020, correlating with economic factors worth examining for potential investors and residents. This trend indicates a growing tax burden which could impact the overall cost of living and investment strategies in the county.
Average Total Tax Liability Per Tax Return in Irwin County, GA Over the Last 10 Years
Over the past decade, Irwin County, Georgia has seen a fluctuating but generally increasing average total tax liability per tax return, climbing from $5,312.81 in 2012 to $6,877.04 in 2021. Notably, the highest jump occurred between 2015 and 2016, with a significant rise to $7,000.43, likely indicating economic or policy shifts. This trend highlights the region's changing financial landscape, crucial for potential investors and residents to consider when evaluating the economic stability and growth prospects of the area.
Cost of Living in Irwin County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $940 | $1,428 | $1,440 | $1,048 | $912 |
| 1 adult 4 children | $940 | $1,166 | $1,099 | $1,048 | $961 |
| 2 adults 3 children | $940 | $1,166 | $1,251 | $1,048 | $742 |
| 1 adult 3 children | $940 | $952 | $909 | $1,048 | $757 |
| 2 adults 2 children | $772 | $955 | $1,062 | $908 | $682 |
| 1 adult 2 children | $772 | $713 | $720 | $908 | $610 |
| 2 adults 1 child | $772 | $755 | $872 | $454 | $661 |
| 1 adult 1 child | $772 | $487 | $531 | $454 | $566 |
| 2 adults | $606 | $606 | $683 | $0 | $587 |
| 1 adult | $602 | $331 | $342 | $0 | $535 |
Safety trends & Data
Over the last four years, Irwin County, Georgia has experienced a mixed bag of property crime trends. Burglary incidents plummeted from 12 in 2018 to just 3 by 2021, while larceny-theft has generally fallen from 26 in 2018 to 11 in 2022. Arson and vandalism remain infrequent but steady, with each registering a single arson case in both 2018 and 2022, and vandalism peaking at 6 cases in 2021. These crime fluctuations could impact real estate transactions, appraisals, and insurance considerations... Read more
Property Crime Trends in Irwin County, GA Over the Last 4 Years
Over the last four years, Irwin County, Georgia has seen varying trends in property crimes, with notable fluctuations across different categories. Burglary incidents dropped significantly from 12 in 2018 to just 3 by 2021, while larceny-theft has exhibited a general decline from 26 in 2018 to 11 in 2022. Arson and vandalism appear infrequent but consistent, with only a single arson case each in 2018 and 2022, and vandalism cases peaking at 6 in 2021. These data points suggest evolving safety and crime dynamics, valuable for those considering real estate transactions, appraisals, or insurance purposes in this area.
Demographics
Irwin County, Georgia showcases a near-equal gender divide among its adult residents, with males and females almost evenly split. Educational attainment varies widely, but a significant portion of the population has either a high school diploma or some college education. The age distribution suggests a balanced mix, although there are notably fewer young adults aged 20-24. The racial demographics highlight a predominantly White population, with Black or African American communities making up... Read more
Race Distribution in Irwin County, Georgia (2022)
Educational Attainment in Irwin County, Georgia (2022)
Age Distribution in Irwin County, Georgia
Citizen Population in Irwin County, Georgia (2022)
Political Trends & Data
In Irwin County, Georgia, the 2020 U.S. Presidential Election revealed a strong Republican preference, with around 75% of the votes. The Democratic party received approximately 24%, and the Libertarian party managed just over 0.6%. This voting behavior suggests that local real estate trends might be influenced by the county's conservative community values and economic priorities, impacting factors like property development and buyer... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Irwin County, Georgia, the 2020 U.S. Presidential Election showed a significant leaning towards the Republican party, with approximately 75% of the votes. The Democratic party garnered about 24%, while the Libertarian party received a minimal share at just over 0.6%. This voting pattern could hint at the county's strong conservative inclinations and possibly reflect broader socio-political dynamics within the region.
75.19% of voters voted for the Republican party in the 2020 Presidential Election
24.18% of voters voted for the Democrat party in the 2020 Presidential Election
0.62% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Over the last decade, Irwin County, Georgia's student-to-teacher ratio has decreased from 15 in 2014 to just under 13 in 2023, dipping below the national average of 14. This trend suggests increased educational resources and individual student attention, potentially signaling community investment and stability. This might be a positive indicator for investors and real estate professionals, reflecting broader local... Read more
Student-to-teacher ratio in Irwin County, Georgia over the last 10 years
Over the last decade, Irwin County, Georgia has seen a gradual decline in its student-to-teacher ratio, dropping from 15 in 2014 to just under 13 in 2023. This trend indicates Irwin County has moved below the current US national average ratio of 14 students per teacher. For potential investors, residents, and real estate professionals, lower student-to-teacher ratios could be a positive indicator of increased attention and resources available for individual students. Appraisers and insurance agents might see this as a sign of community investment in education, possibly reflecting broader local development and stability.
