Miller County Real Estate and Livability Trends
Miller County has seen notable trends in its real estate market. Median home values have risen by over $26,900 since 2015, yet they remain significantly lower than Georgia’s state median. Real estate taxes saw a peak in 2018, closely aligning with changing fiscal policies. The rising average taxable income, hitting $51,315.56 in 2021, hints at better economic opportunities, perhaps attracting... Read more
Miller County Market Trends
Though Miller County's median home values rose from $92,500 in 2015 to $119,400 in 2022, they still lag behind Georgia's state median of $245,900 and the national median of $179,400 for the same period. This gap could point to potential investment opportunities in a less competitive market. Real estate taxes have fluctuated, peaking at $2,843.75 in 2018 before settling at $2,775.00 in 2021,... Read more
Median Value of Occupied Housing Units in Miller County, Georgia Over the Last 8 Years
Miller County's median home values have generally been lower than both Georgia and national averages over the last eight years. While Miller County saw its home values rise from $92,500 in 2015 to $119,400 in 2022, this has lagged behind the broader trends. In comparison, the state of Georgia's median home values grew from $148,100 to $245,900, and the national median surged from $125,500 to $179,400 during the same period. This disparity highlights potential investment opportunities for those looking to enter a less competitive market while still anticipating growth.
Residential Energy Tax Credit Per Tax Return in Miller County, GA Over the Last 5 Years
Miller County, Georgia, has seen fluctuating values in the average residential energy tax credit per tax return over the last five years, with a notable peak at $500.00 in 2019. Despite a dip in 2014 to $233.33, the trend displays a general upward movement, suggesting increased investments in energy-efficient home improvements. This pattern indicates a growing awareness and adoption of sustainable energy practices, making Miller County an attractive spot for eco-conscious investors and residents.
Average Real Estate Taxes Per Tax Return in Miller County, GA Over the Last 10 Years
There has been a noticeable upward trend in average real estate taxes per tax return in Miller County, Georgia over the past decade. Starting from $1,956.52 in 2012 and peaking at $2,843.75 in 2018, the rates have shown significant variance year to year, reflecting economic and local fiscal policy changes. Notably, the average dipped in 2020 to $2,487.50 before rising again to $2,775.00 in 2021. These fluctuations might suggest shifts in property values and municipal budget needs, essential factors for potential investors, property developers, or anyone considering moving to the area.
Percentage of Farm Returns in Miller County, GA Over the Last 10 Years
In Miller County, Georgia, the percentage of farm tax returns has fluctuated modestly over the past decade, ranging from a high of around 9.65% in 2018 to a low of roughly 8.09% in 2021. These returns represent the proportion of tax filings that stem from agriculture-related income, offering insight into the economic role of farming in the county. For investors, developers, and potential new residents, the relatively steady farm return percentages suggest a stable, if slightly variable, agricultural base, reflecting potential opportunities and some resilience in the local farm economy.
Number of Mortgages by Occupancy Type in Miller County, GA Over the Last 5 Years in Miller County
Miller County, Georgia has seen a rather interesting distribution in the number of mortgages over the past five years. While principal residences clearly dominate the market, showing a consistent increase from 162 in 2019 to 240 in 2021, investment property mortgages have remained relatively stable, albeit with a slight decrease from 46 in 2019 to 28 in 2021. Second residence mortgages, on the other hand, have barely moved the needle, staying quite low across the period. This data highlights a strong preference for primary homes, which can indicate a stable residential market that might appeal to families and long-term residents. For investors, the slight decline in investment property mortgages could signify potential for better deals or opportunities to capitalize on lower competition. Real estate agents, appraisers, and insurance agents can glean valuable insights from these trends; a burgeoning market for principal residences could influence property values, insurance policies, and appraisal methods, while builders and developers might focus on fulfilling the apparent demand for primary housing over second homes or rentals.
Economic Outlook
Miller County, Georgia has experienced a notable upward trend in average taxable income per tax return, with a significant jump to $51,315.56 in 2021. This spike could suggest rising economic opportunities or demographic shifts, making the area attractive to investors and new residents. Additionally, increases in average state and local income taxes, peaking at $6,950.00 by 2020, and rising total tax liabilities, reaching $7,252.94 in 2021, highlight evolving economic conditions and potential... Read more
Average Taxable Income per Tax Return in Miller County, GA over the last 9 years
Miller County, Georgia has seen a generally upward trend in average taxable income per tax return over the past nine years, with a significant jump observed in 2021 to $51,315.56. From 2013 to 2020, the increase was more gradual, ranging from $39,723.25 in 2013 to $43,826.07 in 2020. This recent spike could indicate a growing economic opportunity or demographic shift that could be of particular interest to potential investors, developers, or new residents looking at the area.
Average State and Local Income Taxes Per Tax Return in Miller County, GA Over the Last 10 Years
Over the past decade, Miller County, Georgia has seen notable increases in average state and local income taxes per tax return. Starting around $4,755.56 in 2012, levels spiked sharply to $6,950.00 by 2020 before settling at $5,560.00 in 2021. This upward trend, peaking in 2020, is particularly significant for investors and potential residents, as it reflects the county's evolving economic landscape and potential implications for future tax obligations and fiscal policies.
Average Total Tax Liability Per Tax Return in Miller County, GA Over the Last 10 Years
Over the past decade, Miller County, Georgia, has seen fluctuations in average total tax liability per tax return, with values ranging from $5,897.37 in 2015 to $7,252.94 in 2021. Notably, there's been a general upward trend since 2018, indicating an increasing tax burden. This data is important for potential investors, builders, and residents as it reflects economic conditions and fiscal policies impacting financial planning and cost of living in the area.
Cost of Living in Miller County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,011 | $1,339 | $1,440 | $1,048 | $914 |
| 1 adult 4 children | $1,011 | $1,094 | $1,099 | $1,048 | $972 |
| 2 adults 3 children | $1,011 | $1,094 | $1,251 | $1,048 | $748 |
| 1 adult 3 children | $1,011 | $893 | $909 | $1,048 | $772 |
| 2 adults 2 children | $772 | $896 | $1,062 | $908 | $665 |
| 1 adult 2 children | $772 | $669 | $720 | $908 | $595 |
| 2 adults 1 child | $772 | $708 | $872 | $454 | $648 |
| 1 adult 1 child | $772 | $457 | $531 | $454 | $558 |
| 2 adults | $684 | $569 | $683 | $0 | $604 |
| 1 adult | $648 | $310 | $342 | $0 | $543 |
Safety trends & Data
Miller County, Georgia, has shown mixed property crime trends recently. Notably, larceny-theft incidents remained steady at 3.00 from 2018 to 2019, which could hint at consistent community enforcement. In contrast, burglary and vandalism both logged 4.00 incidents in 2018, a fact that might impact property values and insurance rates. Investors and property developers might see this stability in larceny-theft as a positive sign, although the prior levels of burglary and vandalism are worth... Read more
Property Crime Trends in Miller County, GA Over the Last 2 Years
Miller County, Georgia, has seen a mix of property crime trends over the last two years. In 2018, burglary and vandalism each totaled 4.00 incidents, while larceny-theft had 3.00, and fraud stood at 1.00. By 2019, larceny-theft remained consistent at 3.00 incidents. Investors and property developers may take interest in the unchanged number of larceny-theft cases, potentially indicating stable community enforcement. Appraisers and insurance agents should note the significant levels of burglary and vandalism in 2018, as these could affect property values and insurance rates.
Demographics
Miller County, Georgia displays a predominantly White population with Black or African American communities making up a significant portion as well. There's a balanced gender distribution with a slight female majority. Educational attainment reveals that a considerable segment of the population are high school graduates or have some college education, but a notable portion still lacks a high school diploma. Age distribution shows a mature demographic, skewed slightly towards older age groups,... Read more
Race Distribution in Miller County, Georgia (2022)
Educational Attainment in Miller County, Georgia (2022)
Age Distribution in Miller County, Georgia
Citizen Population in Miller County, Georgia (2022)
Political Trends & Data
Miller County, Georgia's real estate market trends might be influenced by its predominantly conservative political leanings, with nearly 73% of the 2020 Presidential Election vote going to Republican candidates. This could indicate a stable, traditional community focus, potentially favoring developments that align with rural and suburban... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Miller County, Georgia, the 2020 Presidential Election leaned heavily Republican, with approximately 73% of the vote, compared to around 26% for Democrats. The Libertarian Party garnered less than 1%, with no measurable support for the Green Party or other candidates. This suggests that Miller County's political climate may be predominantly conservative, reflecting broader trends seen in similar rural areas.
72.87% of voters voted for the Republican party in the 2020 Presidential Election
26.42% of voters voted for the Democrat party in the 2020 Presidential Election
0.71% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Miller County, Georgia has seen a gradual decrease in the student-to-teacher ratio from 15 in 2014 to approximately 12 in 2023, compared to the current national average of 14 students per teacher. This trend could appeal to families considering relocation and educators seeking employment due to the potential for more personalized attention in classrooms. For investors and developers, it signals a community invested in quality education, which might positively impact local property values and... Read more
Student-to-teacher ratio in Miller County, Georgia over the last 10 years
Over the past decade, the student-to-teacher ratio in Miller County, Georgia has gradually decreased from a high of 15 in 2014 to approximately 12 in 2023. When compared to the current national average of 14 students per teacher in the United States, Miller County's recent ratios suggest a more favorable environment for personalized attention in classrooms. This trend may be particularly attractive for families considering relocation, real estate agents marketing the area, and educators seeking employment. Investors and developers might see this as an indication of a community invested in quality education, which can have long-term positive impacts on local property values and economic growth.
