Liberty County Real Estate and Livability Trends
Liberty County, Georgia's real estate landscape is shaped by an intriguing blend of economic growth and affordability. Average home values increased modestly from $122,400 in 2015 to $158,400 in 2022, potentially attracting buyers seeking long-term investments. Rising average taxable incomes and a notable surge in residential energy tax credits, which jumped from $342.55 in 2013 to $2,197.67 in... Read more
Liberty County Market Trends
Liberty County, Georgia has seen modest growth in home values over the past eight years, rising from $122,400 in 2015 to $158,400 in 2022, which is slower compared to the state and national averages. This more affordable market could attract buyers looking for stable, long-term investments. Meanwhile, the average residential energy tax credit per tax return surged from $342.55 in 2013 to... Read more
Median Value of Occupied Housing Units in Liberty County, Georgia Over the Last 8 Years
Home values in Liberty County, Georgia have experienced a relatively modest upward trend over the past eight years compared to state and national averages. As of 2022, the median home value in Liberty County was $158,400, a notable rise from $122,400 in 2015. This can be contrasted with Georgia's overall increase from $148,100 to $245,900 and the national rise from $125,500 to $179,400 during the same period. This relatively slower growth in Liberty County might appeal to buyers seeking more affordable housing options within the state, hinting at a potentially less volatile market that's attractive for long-term investment.
Residential Energy Tax Credit Per Tax Return in Liberty County, GA Over the Last 9 Years
The average residential energy tax credit per tax return in Liberty County, Georgia has shown a significant upward trend over the last nine years, skyrocketing from $342.55 in 2013 to an impressive $2,197.67 in 2021. Notably, there was a remarkable leap from $680.95 in 2017 to $1,393.33 in 2018. This sharp rise highlights the increasing incentives for energy-efficient home improvements, making the county an attractive option for those looking to invest in sustainable properties. The consistent growth in tax credits underscores a supportive environment for residents considering energy-efficient upgrades.
Average Real Estate Taxes Per Tax Return in Liberty County, GA Over the Last 10 Years
Real estate taxes in Liberty County, Georgia have fluctuated over the last decade but generally exhibit an upward trend. In 2012, the average tax per return was approximately $2,404.26, rising to around $3,137.07 by 2021. Notably, there were peak increases in 2017 and 2018, with averages reaching upwards of $3,000. This trend might indicate growing property values or possibly changes in tax rates, making it an essential consideration for potential investors or residents.
Percentage of Farm Returns in Liberty County, GA Over the Last 10 Years
Over the past decade, the percentage of farm tax returns in Liberty County, Georgia has fluctuated but generally remained in the range of 0.33% to 0.42%. A farm tax return is a tax filing specifically for agricultural operations, providing crucial tax benefits and financial insights for farmers. Investors and new residents might find this information useful as it could imply stability or potential growth in the agricultural sector, affecting property values and local economic conditions.
Number of Mortgages by Occupancy Type in Liberty County, GA Over the Last 5 Years in Liberty County
Liberty County, Georgia has seen a notable increase in the number of mortgages for principal residences over the past five years, peaking in 2021 with 5,034. Investment property mortgages have also grown, reaching 642 in 2021 from 284 in 2018. On the other hand, second residence mortgages remain relatively low and stable. For investors and real estate agents, this shift indicates a burgeoning market for both primary homes and investment properties, suggesting increased population growth and economic activity. Appraisers and insurance agents could see this as a sign of rising property values and higher demand for insurance coverage, while potential homebuyers might face a more competitive market.
Economic Outlook
Liberty County, Georgia's real estate prospects have an intriguing backdrop of steadily rising average taxable incomes, climbing from around $35,277.30 in 2013 to about $45,016.83 in 2021. This growth hints at a strengthening local economy, which can attract both investors and future residents. Despite increasing state and local income taxes, which went from roughly $3,522.09 in 2012 to $4,600.79 in 2021, the area shows signs of economic development. Additionally, the average total tax... Read more
Average Taxable Income per Tax Return in Liberty County, GA over the last 9 years
Liberty County, Georgia has seen a steady increase in the average taxable income per tax return over the past nine years, climbing from approximately $35,277.30 in 2013 to around $45,016.83 in 2021. This gradual rise indicates a potentially strengthening local economy, making it an attractive prospect for investors and those considering relocating or building property in the area.
Average State and Local Income Taxes Per Tax Return in Liberty County, GA Over the Last 10 Years
Over the past decade, Liberty County, Georgia has seen a notable rise in average state and local income taxes per tax return. From $3,522.09 in 2012 to $4,600.79 in 2021, the trend highlights a significant increase, particularly post-2017 where taxes jumped from $3,837.68 to $4,632.30 in 2018. This upward trajectory suggests growing financial obligations for residents but can also indicate economic growth and development in the area. Investors and potential property owners should be aware of these trends, as they reflect the evolving financial landscape and potential future fiscal policies in Liberty County.
Average Total Tax Liability Per Tax Return in Liberty County, GA Over the Last 10 Years
Liberty County, Georgia has seen a steady increase in the average total tax liability per tax return over the past decade, growing from $4,252.07 in 2012 to $4,753.73 in 2021. Noteworthy spikes occurred in 2017 and 2021, each surpassing the $4,700 mark. This upward trend signals a growing financial responsibility among residents, which might be a reflection of the county’s economic health and rising incomes. Investors and potential residents should consider how these factors might influence property values and living expenses.
Cost of Living in Liberty County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,524 | $1,347 | $1,846 | $1,313 | $1,314 |
1 adult 4 children | $1,524 | $1,100 | $1,411 | $1,313 | $1,404 |
2 adults 3 children | $1,524 | $1,101 | $1,602 | $1,313 | $1,079 |
1 adult 3 children | $1,524 | $898 | $1,167 | $1,313 | $1,175 |
2 adults 2 children | $1,072 | $901 | $1,358 | $1,148 | $864 |
1 adult 2 children | $1,072 | $673 | $923 | $1,148 | $818 |
2 adults 1 child | $1,072 | $712 | $1,114 | $614 | $811 |
1 adult 1 child | $1,072 | $460 | $679 | $614 | $698 |
2 adults | $949 | $572 | $870 | $0 | $698 |
1 adult | $928 | $312 | $435 | $0 | $625 |
Safety trends & Data
Liberty County, Georgia, has experienced notable shifts in property crimes over the past five years. Burglary incidents plummeted from 49 in 2018 to just 4 in 2022, potentially reflecting better home security or more effective policing. However, vandalism surged from 8 cases to 39 in the same period, raising concerns about the upkeep of public properties. Persistent high rates of larceny-theft indicate ongoing challenges with petty theft. These trends could be pivotal for investors, real estate... Read more
Property Crime Trends in Liberty County, GA Over the Last 5 Years
Liberty County, Georgia, has seen significant fluctuations in property crimes over the last five years. A notable decline in incidents of burglary, which peaked at 49 in 2018 and decreased sharply to 4 by 2022, could suggest improved home security measures or effective law enforcement. On the flip side, vandalism incidents have increased substantially, rising from just 8 cases in 2018 to 39 in 2022, indicating possible concerns in maintaining public properties. Larceny-theft remains consistently high, suggesting persistent petty theft issues in the region. This evolving pattern of crime could be critical for investors, real estate agents, and residents assessing the area's overall safety and economic stability.
Demographics
Liberty County, Georgia shows a relatively balanced gender distribution with males slightly outnumbering females. In terms of educational attainment, a significant portion of the population has at least some college education, which could correlate with an expanding local economy. The county’s age distribution indicates a sizable younger population, which may suggest future growth in housing and educational resources. Racially, Liberty County is quite diverse, with nearly equal numbers of... Read more
Race Distribution in Liberty County, Georgia (2022)
Educational Attainment in Liberty County, Georgia (2022)
Age Distribution in Liberty County, Georgia
Citizen Population in Liberty County, Georgia (2022)
Political Trends & Data
In Liberty County, Georgia, the 2020 U.S. Presidential Election showed a strong preference for the Democratic Party, which gained around 61% of the vote. Republicans secured roughly 37%, indicating a notable but not predominant presence. The Libertarian Party managed slightly over 1.5%, highlighting minimal third-party impact. These voting patterns might suggest demographic or cultural trends that align with Democratic... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Liberty County, Georgia, the results from the 2020 U.S. Presidential Election indicate a strong leaning towards the Democratic Party, which secured around 61% of the vote. Republicans garnered approximately 37%, suggesting a significant, though not overwhelming, presence. The Libertarian Party captured just over 1.5%, showing minimal third-party influence. These figures could reflect broader demographic or cultural trends within the county, hinting at an electorate that likely prioritizes the platforms and values championed by Democrats.
37.21% of voters voted for the Republican party in the 2020 Presidential Election
61.24% of voters voted for the Democrat party in the 2020 Presidential Election
1.55% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Liberty County, Georgia has seen its student-to-teacher ratio climb from just under 17 in 2014 to over 18 in 2023, a notable increase compared to the national average of 14. This upward trend could hint at expanding class sizes, exerting pressure on educational resources and potentially affecting the quality of education. For prospective residents, investors, and real estate agents, such changes could impact property values, school district desirability, and community appeal. Insurance agents... Read more
Student-to-teacher ratio in Liberty County, Georgia over the last 10 years
Liberty County, Georgia has experienced fluctuations in its student-to-teacher ratio over the past decade, gradually increasing from just under 17 in 2014 to over 18 in 2023. While initially trailing close to the national average of 14 students per teacher, the county's current ratio is significantly higher. This trend might indicate growing class sizes, which could suggest pressure on educational resources and potential impacts on the quality of education. These changes matter for prospective residents, investors, and real estate agents, as they could affect property values, school district desirability, and overall community appeal. Additionally, insurance agents and appraisers might anticipate these trends influencing risk assessments and property evaluations.