Jeff Davis County Real Estate and Livability Trends
Jeff Davis County, Georgia saw its median home values climb from $71,800 in 2015 to $106,800 in 2022, hinting at emerging market potential despite still trailing broader averages. Investors might take note of the fluctuating residential energy tax credits, peaking at $800.00 in 2019, which suggest increased energy-efficient upgrades. Real estate taxes have risen, peaking at $2,311.76 in 2020,... Read more
Jeff Davis County Market Trends
Jeff Davis County, Georgia, has experienced a substantial rise in median home values, leaping from $71,800 in 2015 to $106,800 in 2022, though still trailing state and national averages. This steady appreciation indicates an emerging market with possible investment potential. The county also saw fluctuating residential energy tax credits, hitting $800.00 in 2019, signaling increased... Read more
Median Value of Occupied Housing Units in Jeff Davis County, Georgia Over the Last 8 Years
Jeff Davis County, Georgia, has seen its median home values jump from $71,800 in 2015 to $106,800 in 2022, representing significant appreciation over the past eight years. In comparison, Georgia's median home values rose from $148,100 to $245,900, while the national figures grew from $125,500 to $179,400 in the same period. While Jeff Davis County's home values have lagged behind state and national averages, their consistent upward trend could signal an emerging market with investment potential.
Residential Energy Tax Credit Per Tax Return in Jeff Davis County, GA Over the Last 8 Years
Over the last 8 years in Jeff Davis County, Georgia, the Residential Energy Tax Credit per tax return has shown significant fluctuations. Notably, there was a peak in 2019 with an average credit of $800.00, indicating a push for energy-efficient residential upgrades. Before this, the credits were relatively stable until a jump in 2015 to $533.33. Recent years have maintained a higher-than-average credit at $650.00, suggesting ongoing investments in energy-efficient home improvements. This trend could be a strong incentive for new home buyers or investors focusing on sustainable properties.
Average Real Estate Taxes Per Tax Return in Jeff Davis County, GA Over the Last 10 Years
Real estate taxes in Jeff Davis County, Georgia have shown a consistent upward trend over the past decade, starting at $1,448.15 in 2012 and peaking at $2,311.76 in 2020 before slightly dropping to $2,241.18 in 2021. This steady increase might suggest a growing demand for property, likely attracting potential investors and homebuyers interested in the appreciating value of the region. Higher taxes might also be indicative of enhanced local infrastructure and public services, making the area an enticing option for new residents and developers.
Percentage of Farm Returns in Jeff Davis County, GA Over the Last 10 Years
The percentage of farm returns in Jeff Davis County, Georgia hovered between 5.50% and 6.36% over the last decade, signaling a relatively stable agricultural sector. In 2012, the percentage was around 6.14%, dipping slightly to 5.74% by 2016, and then fluctuating modestly through 2021 with a minor uptick to roughly 6.03%. Farm tax returns are local fiscal reports showing income from agricultural activities, impacting both local economy insights and potential property investments. This consistent trend suggests a steady farming presence in the county, which might appeal to those interested in agricultural investments, sustainable farming initiatives, or building properties that leverage existing agricultural infrastructure.
Number of Mortgages by Occupancy Type in Jeff Davis County, GA Over the Last 5 Years in Jeff Davis County
Jeff Davis County, Georgia, has seen a notable fluctuation in mortgage numbers across different occupancy types over the past five years. The majority of mortgages consistently belong to principal residences, peaking in 2020 with 364 counts. Investment properties and second residences occupy a much smaller share, with a particularly low point for investment properties in 2020 at nine counts. These shifts in occupancy type might indicate changing dynamics in the housing market that can affect property values, insurance risks, and investment opportunities. Higher principal residency usually suggests greater stability, while variations in investment and second residence numbers signal shifts in local economic trends and potential for diverse real estate opportunities. Understanding these trends helps investors, appraisers, and real estate agents make informed decisions about the market's future.
Economic Outlook
Jeff Davis County, Georgia has seen average taxable income per tax return grow from $38,827.26 in 2013 to $47,676.75 in 2021, despite dips like the one in 2015 to $35,995.60. Similarly, state and local income taxes have surged, notably peaking at $7,380.00 in 2020 before resting at $6,865.00 in 2021. Average total tax liability has fluctuated as well, with notable peaks such as $8,033.81 in 2014 and recent stabilization around the $5,500 to $6,300 range. Investors and potential residents may... Read more
Average Taxable Income per Tax Return in Jeff Davis County, GA over the last 9 years
Jeff Davis County, Georgia has seen notable fluctuations in average taxable income per tax return over the past nine years, with a rise from $38,827.26 in 2013 to $47,676.75 in 2021. A dip in 2015 to $35,995.60 and subsequent growth highlights potential economic resilience. This assumed upward trend, particularly post-2018, could be of interest to potential investors, property developers, and new residents looking for economic opportunities in the area.
Average State and Local Income Taxes Per Tax Return in Jeff Davis County, GA Over the Last 10 Years
Jeff Davis County, Georgia, has seen notable fluctuations in state and local income taxes per tax return over the past decade, with a significant spike in recent years. From $4,107.45 in 2012, the average taxes per return rose sharply, peaking at $7,380.00 in 2020 before settling at $6,865.00 in 2021. This upward trend indicates increasing tax obligations, which could impact decisions for those considering investment, relocation, or property development in the county.
Average Total Tax Liability Per Tax Return in Jeff Davis County, GA Over the Last 10 Years
Jeff Davis County, Georgia, has seen significant fluctuations in average total tax liability per tax return over the past decade. Notably, there was a peak in 2014, with an average liability reaching $8,033.81, and a consistent rise again in 2021 to $6,305.88. Potential investors and residents will notice that despite some volatility, overall tax liabilities have had a tendency to stabilize around the $5,500 to $6,300 range in recent years. This variability could impact decisions regarding long-term financial planning and property investments in the area.
Cost of Living in Jeff Davis County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $940 | $1,303 | $1,415 | $1,048 | $858 |
1 adult 4 children | $940 | $1,064 | $1,079 | $1,048 | $892 |
2 adults 3 children | $940 | $1,064 | $1,229 | $1,048 | $696 |
1 adult 3 children | $940 | $869 | $893 | $1,048 | $707 |
2 adults 2 children | $772 | $871 | $1,043 | $908 | $643 |
1 adult 2 children | $772 | $651 | $708 | $908 | $577 |
2 adults 1 child | $772 | $689 | $858 | $454 | $630 |
1 adult 1 child | $772 | $445 | $522 | $454 | $543 |
2 adults | $606 | $553 | $672 | $0 | $561 |
1 adult | $602 | $302 | $336 | $0 | $515 |
Safety trends & Data
Jeff Davis County, Georgia has seen shifting property crime trends over the past five years, which have notable implications for the real estate market. Burglary and larceny-theft peaked in 2018 but have generally decreased since. However, vandalism has significantly increased, hitting 14 cases in 2022. Motor vehicle thefts have remained fairly stable with a slight uptick recently. These crime patterns could affect real estate dynamics, particularly influencing insurance rates and investment... Read more
Property Crime Trends in Jeff Davis County, GA Over the Last 5 Years
Over the past five years, Jeff Davis County, Georgia has experienced notable fluctuations in property crime trends. While incidents of burglary and larceny-theft peaked in 2018 at 11 and 45 occurrences respectively, there has been a general decline in these crimes. Motor vehicle theft remained relatively stable but saw a slight increase in 2022 with seven reported cases. Vandalism, on the other hand, has shown a significant rise, culminating in 14 cases in 2022. These patterns suggest evolving challenges for law enforcement and community safety, impacting real estate dynamics, insurance rates, and investment decisions in the area.
Demographics
Jeff Davis County, Georgia, presents a fairly balanced adult population in terms of gender, drifting slightly toward more females than males. Educational attainment reveals that while high school graduates form the largest group, a significant portion of the population has not completed high school. The age distribution hints at a relatively evenly spread demographic, with noticeable dips in the young adult (20-24 years) and elderly (75+ years) categories. Predominantly white, the racial makeup... Read more
Race Distribution in Jeff Davis County, Georgia (2022)
Educational Attainment in Jeff Davis County, Georgia (2022)
Age Distribution in Jeff Davis County, Georgia
Citizen Population in Jeff Davis County, Georgia (2022)
Political Trends & Data
Jeff Davis County, Georgia, demonstrates a predominantly conservative electorate, as evident from the 2020 U.S. Presidential Election results where Republicans received about 81% of the vote. Democrats captured around 18%, and third-party influence was minimal, with the Libertarian Party pulling in less than 1%. This political landscape may influence local policies and market dynamics, likely fostering a community with traditional values and potentially impacting the type of development and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Jeff Davis County, Georgia, the 2020 U.S. Presidential Election showed a strong Republican leaning, with Republicans garnering approximately 81% of the vote. Democrats appeared to trail significantly, capturing around 18%. Third-party influence seemed marginal, as the Libertarian Party received just under 1%. This voting pattern suggests a predominantly conservative electorate.
81.36% of voters voted for the Republican party in the 2020 Presidential Election
17.81% of voters voted for the Democrat party in the 2020 Presidential Election
0.83% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Jeff Davis County, Georgia has seen its student-to-teacher ratio drop from nearly 18 students per teacher in 2014 to around 15 in 2023, nearing the national average of 14 students per teacher. This trend could reflect increased investments in education, potentially making the area more attractive for families prioritizing smaller class sizes. Such a shift might also hint at better prospects for student performance and individual attention, key considerations for real estate agents, investors,... Read more
Student-to-teacher ratio in Jeff Davis County, Georgia over the last 10 years
Jeff Davis County, Georgia has experienced a gradual decline in its student-to-teacher ratio over the last decade, dropping from nearly 18 students per teacher in 2014 to around 15 in 2023, which is closer to the current national average of 14 students per teacher. This shift may suggest increased investments in education, possibly making the area more attractive for families prioritizing smaller class sizes. Lower ratios could also imply better potential outcomes in student performance and individual attention, matters that are important for real estate agents, investors, and anyone considering relocation to the region.