McDuffie County Real Estate and Livability Trends
McDuffie County, Georgia has seen a steady rise in average taxable income, moving from $39,829.39 in 2013 to $50,877.61 in 2021, alongside increasing state and local income taxes. Median home values rose from $102,300 in 2015 to $140,900 in 2022, suggesting a slower but consistent appreciation. Real estate taxes increased significantly, implying higher ownership costs that could impact investment... Read more
McDuffie County Market Trends
In McDuffie County, Georgia, median home values have climbed from $102,300 in 2015 to $140,900 in 2022, presenting slower growth compared to state and national figures but offering more affordable entry points with potential for appreciation. Residential energy tax credits have fluctuated, peaking at $2,000 per return in 2018, indicating increased investments in energy efficiency. Real estate... Read more
Median Value of Occupied Housing Units in McDuffie County, Georgia Over the Last 8 Years
In McDuffie County, Georgia, median home values have seen a steady increase over the past eight years, jumping from $102,300 in 2015 to $140,900 in 2022. This rate of growth, while significant, still trails behind the state and national trends, where Georgia's median home values surged from $148,100 to $245,900, and the national figures climbed from $125,500 to $179,400 over the same period. For those considering investing in or moving to McDuffie County, this implies a slower but promising appreciation in property values compared to broader markets, potentially offering more affordable entry points with room for future value gains.
Residential Energy Tax Credit Per Tax Return in McDuffie County, GA Over the Last 9 Years
McDuffie County, Georgia has seen significant fluctuations in residential energy tax credits over the past nine years. Notably, there was a steep increase in the average credit per tax return from $575.00 in 2017 to $2,000.00 in 2018, indicating a potential surge in energy-efficient upgrades or installations during that period. While the credit dropped to $875.00 in 2019, it rebounded to $1,266.67 by 2021, suggesting an underlying trend towards greater investment in energy efficiency. This volatility highlights both potential opportunities for savings and the importance of staying informed about tax incentives for energy improvements.
Average Real Estate Taxes Per Tax Return in McDuffie County, GA Over the Last 10 Years
Over the last decade, real estate taxes per tax return in McDuffie County, Georgia have increased noticeably. Beginning at $1,888.73 in 2012, the average has risen to $2,806.38 by 2021, with a significant surge around 2018 hitting $2,801.67. This upward trend may concern property investors and residents alike as it suggests higher ownership costs. Those considering moving to or investing in the area should be mindful of these increasing tax obligations when planning their budgets.
Percentage of Farm Returns in McDuffie County, GA Over the Last 10 Years
Farm tax returns in McDuffie County, Georgia, steadily decreased from 2.53% in 2012 to a low of 1.88% in 2019 before seeing a slight uptick to 2.18% by 2021. These returns represent the proportion of tax filings from farm activities, indicating potential trends in agricultural investment and land use within the county. Such trends might suggest shifts in the local economy and can inform decisions for investors, property developers, and residents about the economic health and development trajectory of McDuffie County.
Number of Mortgages by Occupancy Type in McDuffie County, GA Over the Last 5 Years in McDuffie County
McDuffie County, Georgia has experienced fluctuations in mortgage counts with notable trends across different occupancy types. Principal residences have consistently dominated mortgage counts, peaking in 2021. Investment properties also show a gradual increase, suggesting growing interest from property investors, albeit at a much smaller scale. The number of mortgages for second residences remains minimal, indicating a relatively low market for vacation homes. These shifts in occupancy types can significantly influence the local housing market, impacting everything from property values to insurance premiums, and are essential for potential residents, real estate investors, and professionals to consider when making decisions regarding properties in the area.
Economic Outlook
McDuffie County, Georgia has experienced a consistent growth in average taxable income per tax return, climbing from $39,829.39 in 2013 to $50,877.61 by 2021, despite a slight decrease in 2020. Accompanied by rising state and local income taxes, with peaks in 2018 and 2019, and an overall increase in total tax liabilities, the data suggest an economically strengthening region. This trend could attract investors and potential residents by indicating higher earnings and increased public... Read more
Average Taxable Income per Tax Return in McDuffie County, GA over the last 9 years
McDuffie County, Georgia has seen a steady increase in average taxable income per tax return over the last nine years, starting at $39,829.39 in 2013 and reaching $50,877.61 by 2021. This upward trend, aside from a slight dip in 2020, suggests economic growth and could potentially attract investors or individuals looking to move to the area. The consistent rise in income levels might also indicate a strengthening local economy, making it an interesting option for building property or establishing businesses.
Average State and Local Income Taxes Per Tax Return in McDuffie County, GA Over the Last 10 Years
McDuffie County, Georgia has seen a steady increase in average state and local income taxes per tax return over the last decade, with noticeable spikes in 2018 and 2019, reaching peaks of $5,930.16 and $7,092.98 respectively. Despite a slight dip in 2020, the upward trend resumed in 2021 at $6,661.22. This steady rise, particularly the significant jumps, can indicate a growing economy or higher earnings, making it a potentially interesting spot for investment or property development.
Average Total Tax Liability Per Tax Return in McDuffie County, GA Over the Last 10 Years
Over the past decade, McDuffie County, Georgia has seen a notable increase in average total tax liability per tax return, rising from $5,647.17 in 2012 to $6,980.78 in 2021. This upward trend suggests a potential growth in incomes and economic activity in the region, which could be attractive for investors and individuals looking to move or build property. Higher tax liabilities might also indicate increased public investment in community infrastructure and services, enhancing overall living standards.
Cost of Living in McDuffie County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,108 | $1,239 | $2,096 | $1,313 | $1,230 |
| 1 adult 4 children | $1,108 | $1,012 | $1,604 | $1,313 | $1,322 |
| 2 adults 3 children | $1,108 | $1,012 | $1,818 | $1,313 | $1,015 |
| 1 adult 3 children | $1,108 | $826 | $1,326 | $1,313 | $1,083 |
| 2 adults 2 children | $823 | $828 | $1,540 | $1,148 | $868 |
| 1 adult 2 children | $823 | $619 | $1,048 | $1,148 | $784 |
| 2 adults 1 child | $823 | $655 | $1,262 | $614 | $788 |
| 1 adult 1 child | $823 | $423 | $770 | $614 | $659 |
| 2 adults | $720 | $526 | $984 | $0 | $670 |
| 1 adult | $607 | $287 | $492 | $0 | $540 |
Safety trends & Data
McDuffie County, Georgia has experienced fluctuating property crime trends over the past five years, with notable declines in categories such as burglary, which fell from 20 cases in 2018 to just 2 in 2022. Larceny-theft incidents also saw a significant drop, from a peak of 39 cases in 2018 to 5 by 2022. Motor vehicle thefts remained relatively stable, oscillating between 2 and 4 cases annually. This data could be key for potential investors, insurance agents, and real estate professionals in... Read more
Property Crime Trends in McDuffie County, GA Over the Last 5 Years
Over the past five years, McDuffie County, Georgia has seen fluctuating trends in property crime, with noticeable decreases in most categories by 2022. Burglary cases dropped from 20 in 2018 to just 2 in 2022, while larceny-theft incidents, which peaked at 39 in 2018, declined to 5 by 2022. Motor vehicle thefts remained relatively stable but low, hovering between 2 and 4 cases annually. Interestingly, arson and vandalism incidents were sporadic, with minor activity showing no clear trend. Such fluctuations can offer critical insights for potential investors, insurance agents, and real estate professionals evaluating the area's property risk and security landscape.
Demographics
McDuffie County, Georgia presents an intriguing demographic blend. The adult population skews slightly female, with educational attainment showing a notable percentage of high school graduates and some college attendees, though a smaller fraction hold bachelor's or advanced degrees. Age distribution indicates a relatively balanced spread across various age groups, with a slight emphasis on middle-aged adults. The county's racial composition is predominantly White and Black or African American,... Read more
Race Distribution in McDuffie County, Georgia (2022)
Educational Attainment in McDuffie County, Georgia (2022)
Age Distribution in McDuffie County, Georgia
Citizen Population in McDuffie County, Georgia (2022)
Political Trends & Data
McDuffie County, Georgia showed a significant Republican preference in the 2020 presidential election, with roughly 59% of votes potentially going Republican compared to about 40% for Democrats. Third-party candidates, such as Libertarians, appeared to hold minimal sway, perhaps gathering just over 1% of the vote. This pattern may indicate strong two-party dominance with limited influence from alternative political... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
McDuffie County, Georgia saw a notable Republican lean in the 2020 presidential election, with around 59% of the vote possibly going Republican compared to approximately 40% for Democrats. Third-party influence, particularly from the Libertarians, was minimal, potentially making up a little over 1% of the votes. The trends suggest a strong two-party dominance with limited impact from other political groups.
59.01% of voters voted for the Republican party in the 2020 Presidential Election
39.87% of voters voted for the Democrat party in the 2020 Presidential Election
1.13% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Over the past decade, McDuffie County, Georgia has seen a decline in its student-to-teacher ratio, dropping from 16 students per teacher in 2014 to around 14 in 2023. This could suggest increased investment in education, possibly leading to better individual attention for students. For investors and families, this trend might be appealing since smaller class sizes often correlate with improved educational outcomes, potentially impacting property values and market demand. Appraisers and... Read more
Student-to-teacher ratio in Mcduffie County, Georgia over the last 10 years
Over the past decade, McDuffie County, Georgia has seen a decline in its student-to-teacher ratio, dropping from 16 students per teacher in 2014 to approximately 14 in 2023. This trend could be an indicator of increasing investment in education and, potentially, improved individual attention for students. For investors, real estate agents, and families considering moving to the area, this might be a selling point as smaller class sizes are often linked to better educational outcomes. Appraisers and insurance agents might also find these trends useful when assessing property values and risks, particularly as education quality can influence local property markets.
