Lincoln County Real Estate and Livability Trends
Lincoln County, Georgia's real estate market has shown interesting patterns. The average taxable income has likely jumped from roughly $42,688.68 in 2013 to about $63,366.29 in 2021, and average home values appreciated from around $113,800 in 2015 to approximately $164,300 in 2022. Even with increased state and local taxes, the area remains somewhat affordable compared to broader markets.... Read more
Lincoln County Market Trends
Lincoln County, Georgia's median home values have seen incremental growth from $113,800 in 2015 to $164,300 in 2022, though this remains below state and national averages. Investment opportunities might be attractive given the affordability and steady appreciation. Energy tax credits in the county have surged, with the average credit per tax return jumping from $214.29 in 2013 to $660.00 in 2021,... Read more
Median Value of Occupied Housing Units in Lincoln County, Georgia Over the Last 8 Years
Lincoln County, Georgia's median home values have seen a steady rise from $113,800 in 2015 to $164,300 in 2022. This local growth, while impressive, remains below both the state and national averages. By comparison, Georgia's statewide median values increased from $148,100 to $245,900 during the same period, showcasing more accelerated growth. Nationally, median values have also outpaced Lincoln County, moving from $125,500 in 2015 to $179,400 in 2022. This suggests potential investment opportunities in Lincoln County, where property might be more affordable while still appreciating steadily.
Residential Energy Tax Credit Per Tax Return in Lincoln County, GA Over the Last 8 Years
Lincoln County, Georgia has seen a noteworthy rise in the average residential energy tax credit per tax return over the past eight years. Starting at $214.29 in 2013, the credit has demonstrated significant upward momentum, especially since 2019, peaking at $660.00 in 2021. This trend highlights increasing investments in energy-efficient home improvements, potentially driven by a growing awareness of sustainability benefits and cost-saving measures among residents. This makes it attractive for investors, homeowners, and builders focused on energy-efficient solutions.
Average Real Estate Taxes Per Tax Return in Lincoln County, GA Over the Last 10 Years
Over the past decade, real estate taxes in Lincoln County, Georgia have shown a marked increase, rising from $2,705.00 in 2012 to $3,529.63 in 2021. Notably, there was a significant spike in 2018, with taxes reaching $3,537.93. These trends suggest a growing financial obligation for property owners, likely influenced by regional economic factors and changes in property valuations. For potential investors or those looking to move to Lincoln County, this upward trend in real estate taxes could impact overall living costs and should be taken into consideration when evaluating the area.
Percentage of Farm Returns in Lincoln County, GA Over the Last 10 Years
Over the past decade, Lincoln County, Georgia has seen a modest fluctuation in the percentage of farm tax returns, ranging from a high of 4.38% in 2014 to a low of 2.75% in 2020. Farm tax returns represent the proportion of tax filings from farm-related activities, hinting at the economic footprint of agriculture in the area. For potential investors, builders, or new residents, this data suggests that while there's a steady agricultural presence, it's not particularly dominant, indicating possible opportunities for diversification or development in other sectors.
Number of Mortgages by Occupancy Type in Lincoln County, GA Over the Last 5 Years in Lincoln County
Over the past five years in Lincoln County, Georgia, principal residences consistently dominate the mortgage landscape, peaking at 423 in 2021. Investment properties and second residences show significantly smaller activity with investment properties hitting a high of 27 in 2019. The fluctuation in the number of second residences, peaking at 64 in 2020, could influence market stability, affecting buyers' and investors' decisions. These occupancy types offer critical insight for developers and real estate agents into the local housing demand, insurance agents into risk profiles, and generally interested parties regarding community growth and development.
Economic Outlook
Over the past decade, Lincoln County, Georgia has experienced notable growth in average taxable income per tax return, rising from roughly $42,688.68 in 2013 to around $63,366.29 in 2021. This trend, coupled with a significant increase in average state and local income taxes per tax return from $3,982.28 in 2012 to $6,960.71 in 2021, suggests a strengthening local economy. Additionally, the uptick in average total tax liability per tax return from $5,338.71 in 2012 to $9,271.38 in 2021, with... Read more
Average Taxable Income per Tax Return in Lincoln County, GA over the last 9 years
Over the past nine years, Lincoln County, Georgia has seen a noticeable upward trend in the average taxable income per tax return. Starting at approximately $42,688.68 in 2013, the income figures have incrementally increased, peaking at around $63,366.29 in 2021. This steady growth could suggest a strengthening local economy, which might make the area attractive for investors looking for a burgeoning market. Such rising income levels may also appeal to potential new residents and those considering property development in the region.
Average State and Local Income Taxes Per Tax Return in Lincoln County, GA Over the Last 10 Years
Over the past decade, Lincoln County, Georgia has seen a significant upward trend in average state and local income taxes per tax return, climbing from $3,982.28 in 2012 to $6,960.71 in 2021. This consistent increase highlights the growing fiscal demands on residents, which could influence decisions for potential investors, property developers, and those considering relocation to the area.
Average Total Tax Liability Per Tax Return in Lincoln County, GA Over the Last 10 Years
Lincoln County, Georgia has seen a steady increase in average total tax liability per tax return over the past decade. In 2012, the average tax liability was $5,338.71, which has risen to $9,271.38 in 2021. There were significant jumps particularly noticeable between 2015 and 2016, and then again from 2019 to 2021. This upward trend highlights the economic changes and possibly increased income levels in the area, making Lincoln County a place of interest for potential investors and those looking to capitalize on growing financial prosperity.
Cost of Living in Lincoln County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,057 | $1,239 | $2,096 | $1,074 | $1,128 |
| 1 adult 4 children | $1,057 | $1,012 | $1,604 | $1,074 | $1,173 |
| 2 adults 3 children | $1,057 | $1,012 | $1,818 | $1,074 | $899 |
| 1 adult 3 children | $1,057 | $826 | $1,326 | $1,074 | $935 |
| 2 adults 2 children | $790 | $828 | $1,540 | $935 | $784 |
| 1 adult 2 children | $790 | $619 | $1,048 | $935 | $698 |
| 2 adults 1 child | $790 | $655 | $1,262 | $481 | $745 |
| 1 adult 1 child | $790 | $423 | $770 | $481 | $618 |
| 2 adults | $693 | $526 | $984 | $0 | $666 |
| 1 adult | $584 | $287 | $492 | $0 | $543 |
Safety trends & Data
Lincoln County, Georgia has experienced significant fluctuations in property crime over the past two years. Larceny-Theft saw a dramatic decrease from 14 reported cases in 2018 to just 1 in 2019. Burglary incidents remained constant with 1 case each year. 2018 saw minor issues with Motor Vehicle Theft and Vandalism, with only 1 and 4 cases respectively, both of which did not continue into 2019. However, 2019 marked the emergence of fraud with 3 reported incidents, highlighting potential new... Read more
Property Crime Trends in Lincoln County, GA Over the Last 2 Years
Lincoln County, Georgia has seen notable fluctuations in property crime over the past two years. For 2018, Larceny-Theft incidents were a significant concern with 14 reported cases, compared to only 1 case in 2019. The data also shows a persistent issue with burglary, though the number of cases remained steady at 1 for both years. Motor Vehicle Theft and Vandalism had minimal impact in 2018 with only 1 and 4 incidents, respectively, and didn’t recur in 2019. Interestingly, 2019 introduced cases of fraud, with 3 incidents being reported, signaling potential new areas of concern for both residents and investors. Whether planning to invest, build property, or simply appraise homes in Lincoln County, these trends might underscore the need for strategic security planning and heightened vigilance.
Demographics
Men and women in Lincoln County, Georgia, are almost evenly split, hinting at a balanced gender dynamic. The county's educational makeup reveals a substantial portion of residents have a high school education, and many have attended college without necessarily completing a degree. An older demographic is prevalent, with significant percentages falling in the 55-64 and 65-74 age brackets, reflecting potential needs for services catering to seniors. Racially, the population is predominantly... Read more
Race Distribution in Lincoln County, Georgia (2022)
Educational Attainment in Lincoln County, Georgia (2022)
Age Distribution in Lincoln County, Georgia
Citizen Population in Lincoln County, Georgia (2022)
Political Trends & Data
Lincoln County, Georgia, exhibited a strong Republican preference in the 2020 U.S. Presidential Election, with a possible 68.4% of votes favoring the GOP. Democratic votes potentially made up 30.9%, and Libertarians barely registered at 0.8%. This suggests a pronounced two-party dominance, with third-party impact being virtually... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Lincoln County, Georgia, may have leaned heavily Republican in the 2020 U.S. Presidential Election, with nearly 68.4% of the vote potentially going to the GOP. Democratic votes possibly accounted for about 30.9%, while Libertarian support appeared minimal at around 0.8%. The data hints that third-party presence was quite insignificant, suggesting a strong two-party dominance in this local election.
68.37% of voters voted for the Republican party in the 2020 Presidential Election
30.86% of voters voted for the Democrat party in the 2020 Presidential Election
0.77% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
In Lincoln County, Georgia, the student-to-teacher ratio has been on a downward trend over the past decade, moving from 16:1 in 2014 to around 15:1 more recently. This shift is inching closer to the US national average of 14:1, which could suggest improvements in education quality—a factor that often impacts property values and the overall desirability of communities. Potential investors, relocators, and real estate agents may find these trends particularly significant as they assess the... Read more
Student-to-teacher ratio in Lincoln County, Georgia over the last 10 years
The student-to-teacher ratio in Lincoln County, Georgia has fluctuated over the past decade, generally showing a decline from 16 students per teacher in 2014 to around 15 students per teacher in more recent years. This brings the ratio closer to the current US national average of 14 students per teacher. Such trends are crucial for potential investors, relocators, and real estate agents as they provide insight into the quality of education, which can influence property values and community desirability. Appraisers and insurance agents might also find these trends significant in assessing risk and value for homes in the area.
