Meriwether County Real Estate and Livability Trends
Meriwether County, Georgia, has seen average taxable income surge from $36,500.97 in 2013 to $54,065.30 in 2021, coupled with rising state and local taxes, reflecting economic growth potentially impacting property values. Median home values leaped from $89,800 in 2015 to $147,200 in 2022, outperforming national trends and attracting investors, though increasing costs for buyers. A remarkable... Read more
Meriwether County Market Trends
Meriwether County, Georgia has experienced a robust increase in median home values, jumping from $89,800 in 2015 to $147,200 in 2022. This rapid appreciation outpaces both national and state trends, suggesting lucrative opportunities for investors while signaling higher costs for prospective homebuyers. Energy tax credits, peaking at $1,592.86 in 2018 and stabilizing at $1,209.52 in 2021,... Read more
Median Value of Occupied Housing Units in Meriwether County, Georgia Over the Last 8 Years
Meriwether County, Georgia has seen a striking increase in median home values over the past eight years, jumping from $89,800 in 2015 to $147,200 in 2022. This represents a significantly faster rate of growth compared to the national and state levels, where the national median value rose from $125,500 to $179,400 and Georgia’s from $148,100 to $245,900 over the same period. For investors, this kind of rapid appreciation could signal a lucrative opportunity, although it may also hint at rising costs for those looking to buy property in the area.
Residential Energy Tax Credit Per Tax Return in Meriwether County, GA Over the Last 9 Years
Meriwether County, Georgia, has seen significant fluctuations in residential energy tax credits over the past nine years. Starting at an average of $407.14 in 2013, the value rose to $746.15 by 2017 and peaked dramatically at $1,592.86 in 2018. Although there's been a decline since that peak, the average rebate of $1,209.52 in 2021 still represents substantial savings. These trends indicate a growing emphasis on energy-efficient investments, making it an attractive location for eco-conscious homeowners and investors looking to capitalize on these incentives.
Average Real Estate Taxes Per Tax Return in Meriwether County, GA Over the Last 10 Years
Over the past decade, Meriwether County, Georgia has seen a noticeable increase in average real estate taxes per tax return, starting from $1,933.01 in 2012 and peaking at $3,340.38 in 2020. Although it dipped slightly to $3,200.00 in 2021, the overall upward trend suggests rising property values and possibly enhanced public services. This could be a signal for potential investors and current residents that the area is experiencing economic growth and greater investment in local infrastructure.
Percentage of Farm Returns in Meriwether County, GA Over the Last 10 Years
Meriwether County, Georgia has seen farm tax returns fluctuate between 2.77% and 3.33% over the last decade. Although there was a slight dip in 2013 (2.79%) and 2020 (2.77%), years like 2016 saw a peak at 3.33%. Investors and potential residents might find this helpful as it suggests relative stability in agricultural activity. This could mean consistent land use for farming, possibly indicating a resilient local economy and opportunities for investments in agribusiness.
Number of Mortgages by Occupancy Type in Meriwether County, GA Over the Last 5 Years in Meriwether County
In Meriwether County, Georgia, the number of mortgages for principal residences has generally increased over the past five years, peaking at 1,127 in 2021. Investment property mortgages have remained relatively stable with slight fluctuations, whereas second residence mortgages have shown a slight decline. These trends suggest a growing demand for principal residences, which could be indicative of population growth and a preference for long-term stability over investment properties or secondary homes. For investors, this may imply a competitive market primarily driven by residential buyers. For real estate agents and appraisers, understanding these occupancy trends is crucial for accurate pricing and valuation of properties. Insurance agents might also see shifts in policy requirements, reflecting the changing nature of occupancy types and associated risk profiles in the area.
Economic Outlook
Meriwether County, Georgia, has seen a notable rise in average taxable income per tax return, climbing from around $36,500.97 in 2013 to approximately $54,065.30 in 2021. This growth suggests economic resilience and improved local employment conditions, which could lure in prospective homeowners and businesses. However, the climbing state and local income taxes, which spiked from $3,159.29 in 2012 to $6,931.03 in 2021, might offset this appeal somewhat. With the average total tax liability per... Read more
Average Taxable Income per Tax Return in Meriwether County, GA over the last 9 years
Meriwether County, Georgia, has witnessed a steady increase in average taxable income per tax return over the past nine years, rising from approximately $36,500.97 in 2013 to around $54,065.30 in 2021. This uptick suggests potential for economic growth and may signal a positive trend for those considering investments in local real estate or businesses. The consistent growth could be an indicator of improving local employment conditions and economic resilience, making the county appealing for prospective homeowners and entrepreneurs alike.
Average State and Local Income Taxes Per Tax Return in Meriwether County, GA Over the Last 10 Years
Meriwether County, Georgia has seen a notable rise in average state and local income taxes per tax return over the past decade, growing from $3,159.29 in 2012 to $6,931.03 in 2021. A particularly sharp increase was observed between 2017 and 2020, peaking at $8,031.03 in 2020 before dropping slightly. This surge suggests a rising tax burden, which potential investors and residents must consider when evaluating the financial landscape and cost of living.
Average Total Tax Liability Per Tax Return in Meriwether County, GA Over the Last 10 Years
Meriwether County, Georgia has seen a steady increase in the average total tax liability per tax return over the past decade, rising from $4,531.49 in 2012 to $8,458.65 in 2021. This upward trend suggests a growing economic base and increased earnings among residents, presenting a potentially lucrative opportunity for investors. Increased tax liabilities may also reflect rising property values and enhanced community services, making Meriwether County an attractive option for those looking to move or build property in the area.
Cost of Living in Meriwether County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,206 | $1,391 | $1,844 | $1,313 | $1,252 |
| 1 adult 4 children | $1,206 | $1,136 | $1,409 | $1,313 | $1,325 |
| 2 adults 3 children | $1,206 | $1,137 | $1,600 | $1,313 | $1,009 |
| 1 adult 3 children | $1,206 | $928 | $1,166 | $1,313 | $1,089 |
| 2 adults 2 children | $930 | $931 | $1,356 | $1,148 | $870 |
| 1 adult 2 children | $930 | $695 | $922 | $1,148 | $820 |
| 2 adults 1 child | $930 | $735 | $1,113 | $614 | $810 |
| 1 adult 1 child | $930 | $475 | $678 | $614 | $690 |
| 2 adults | $707 | $591 | $869 | $0 | $655 |
| 1 adult | $702 | $322 | $435 | $0 | $577 |
Safety trends & Data
Meriwether County, Georgia, has experienced significant changes in property crime rates over the last five years. Larceny-theft cases peaked at 76 in 2018 but dropped dramatically to 16 by 2022. Burglaries also decreased from 25 in 2018 to 4 in 2022. However, vandalism incidents have remained relatively stable, ranging between 10 to 16 annually. Understanding these trends could be vital for prospective investors and residents when evaluating the area's safety and security. Real estate... Read more
Property Crime Trends in Meriwether County, GA Over the Last 5 Years
Meriwether County, Georgia, has seen notable fluctuations in property crimes over the past five years, particularly in categories like burglary and larceny-theft. The county experienced a peak in larceny-theft incidents in 2018 with 76 reported cases, which significantly dropped to 16 cases by 2022. Burglary incidents have also shown a downward trend, from 25 cases in 2018 to just 4 in 2022. Vandalism, however, displayed a more consistent pattern, ranging between 10 to 16 incidents annually. For prospective investors and residents, understanding these trends could be crucial in assessing the area's safety and security landscape. Real estate professionals and insurers may want to note these crime statistics for more informed advising and pricing strategies.
Demographics
The demographic trends in Meriwether County, Georgia reveal a slightly higher percentage of females compared to males. Educational attainment appears varied with a significant portion of residents having completed high school or some college, but fewer hold higher degrees. The age distribution leans towards an older population, with a noticeable number of residents aged 55 and older. Racially, the county is predominantly White, with Black or African American residents forming the next largest... Read more
Race Distribution in Meriwether County, Georgia (2022)
Educational Attainment in Meriwether County, Georgia (2022)
Age Distribution in Meriwether County, Georgia
Citizen Population in Meriwether County, Georgia (2022)
Political Trends & Data
In Meriwether County, Georgia, the 2020 U.S. Presidential election data shows a strong Republican presence, with nearly 60% of votes favoring the GOP candidate. Democrats captured just under 40% of the vote, and Libertarians held a negligible share at around 0.6%, indicating limited third-party impact. This voting pattern might suggest consistent Republican preference in rural areas of the state, which could influence local governmental policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Meriwether County, Georgia, the 2020 U.S. Presidential election leaned heavily Republican, with nearly 60% of votes supporting the GOP candidate. Democrats secured just under 40%, while Libertarians garnered a minimal share of the vote at around 0.6%. No votes were recorded for Green Party candidates, indicating limited third-party influence. The voting pattern here may reflect broader political trends in rural portions of the state.
59.98% of voters voted for the Republican party in the 2020 Presidential Election
39.41% of voters voted for the Democrat party in the 2020 Presidential Election
0.61% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Over the last decade, Meriwether County, Georgia has seen its student-to-teacher ratio drop from 15 students per teacher in 2014 to just six in 2023, notably lower than the national average of around 14 students per teacher. This suggests more personalized attention for students, which could appeal to families looking to move to the area. For real estate agents, this lower ratio might be a compelling selling point; it could also impact property valuations, appealing to appraisers and... Read more
Student-to-teacher ratio in Meriwether County, Georgia over the last 10 years
Over the last decade, Meriwether County, Georgia has experienced a significant decline in the student-to-teacher ratio, starting from 15 students per teacher in 2014 and dropping to just six in 2023. This trend is particularly notable when compared to the national average of around 14 students per teacher. Such a change could imply potentially more personalized attention for students, which might appeal to families considering moving to the area. For real estate agents, lower ratios might be a compelling selling point. Additionally, this trend may affect property valuation, influencing appraisors and impacting school funding decisions relevant to insurance agents and investors aiming to build or invest in local infrastructure.
