Oglethorpe County Real Estate and Livability Trends
Oglethorpe County, Georgia, shows promising real estate dynamics with median home values rising from $145,700 to $176,300 between 2021 and 2022, surpassing state and national averages. This trend suggests potential for lucrative investments. A growing average taxable income from $42,221.05 in 2013 to $55,787.57 in 2021 indicates economic growth, despite increasing tax burdens and property taxes... Read more
Oglethorpe County Market Trends
Oglethorpe County, Georgia has seen a notable rise in median home values, jumping from $145,700 to $176,300 between 2021 and 2022, surpassing both state and national averages. This could point to promising investment potential within the county's real estate market. Energy tax credits per return have soared, hitting $2528.57 in 2021, suggesting growing incentives for sustainable home... Read more
Median Value of Occupied Housing Units in Oglethorpe County, Georgia Over the Last 8 Years
In Oglethorpe County, Georgia, median home values have escalated significantly over the last eight years, hitting $176,300 in 2022. Despite starting lower than both state and national averages in 2015, recent years show Oglethorpe's growth outpacing national trends, with a notable jump from $145,700 to $176,300 between 2021 and 2022. Georgia's state median value also reflects a robust increase, from $148,100 in 2015 to $245,900 in 2022, suggesting statewide property value appreciation is stronger than the national pattern. Such dynamics could indicate promising investment potential for this county in the context of the broader real estate market.
Residential Energy Tax Credit Per Tax Return in Oglethorpe County, GA Over the Last 8 Years
Over the past eight years, Oglethorpe County, Georgia has seen a significant fluctuation in the average residential energy tax credit per tax return. Notably, there was a dramatic spike to $2528.57 in 2021 after years of relatively stable figures averaging around $400.00. This trend suggests increasing incentives for residential energy improvements, making the county a compelling option for eco-conscious investors and homeowners considering property development focused on sustainability.
Average Real Estate Taxes Per Tax Return in Oglethorpe County, GA Over the Last 10 Years
Over the last decade, Oglethorpe County, Georgia has experienced a notable increase in average real estate taxes per tax return. Starting from $1,856.76 in 2012, taxes have steadily climbed to $3,221.88 by 2021. The most significant jumps occurred between 2017 and 2019, positioning the county as a potentially less favorable option for prospective property investors or those looking to build. This upward trend might be a crucial consideration for anyone evaluating the long-term affordability and financial implications of residing or investing in this county.
Percentage of Farm Returns in Oglethorpe County, GA Over the Last 10 Years
Over the past decade, Oglethorpe County, Georgia has seen some fluctuations in farm tax returns, peaking in 2015 at 5.11% and gradually declining to about 4.21% by 2021. This could indicate that while farming maintains a significant presence, other economic activities might be gaining ground. This trend could be essential for those interested in agricultural investment, real estate development, or understanding the economic landscape of the county. Farm tax returns generally reflect the economic viability of agricultural enterprises, and changes can signal shifts in local industry focus or profitability.
Number of Mortgages by Occupancy Type in Oglethorpe County, GA Over the Last 5 Years in Oglethorpe County
Investment Property and Second Residence mortgages have remained relatively stable, with only slight fluctuations, but Principal Residence mortgages in Oglethorpe County, Georgia, have shown notable variability, peaking in 2021. A significant uptick in Principal Residence mortgages could indicate a growing demand for primary homes, potentially driving up property values. These shifts are crucial for investors, appraisers, and real estate agents to monitor as they can impact market valuations, investment strategies, and availability of insurance products tailored to occupant types. Understanding these trends helps in better anticipating market movements and making informed decisions regarding property investments or development projects in the county.
Economic Outlook
Oglethorpe County, Georgia, has experienced a solid increase in average taxable income per tax return, rising from $42,221.05 in 2013 to $55,787.57 in 2021. This suggests a trend toward greater affluence in the area. Alongside this, average state and local income taxes per tax return have also climbed from $3,530.20 in 2012 to $6,033.33 by 2021, indicating rising tax burdens that may reflect an expanding fiscal environment. Moreover, the average total tax liability per tax return peaked at... Read more
Average Taxable Income per Tax Return in Oglethorpe County, GA over the last 9 years
In Oglethorpe County, Georgia, the average taxable income per tax return has shown a steady upward trend over the past nine years. From $42,221.05 in 2013 to $55,787.57 in 2021, this increase suggests a growing affluence in the area. This upward trajectory could be appealing to investors and potential residents, as it may indicate economic growth and stability. For those considering building property, the rising taxable incomes might reflect a stronger local economy, potentially translating to higher property values and a more robust real estate market.
Average State and Local Income Taxes Per Tax Return in Oglethorpe County, GA Over the Last 10 Years
Oglethorpe County, Georgia has seen a steady increase in average state and local income taxes per tax return over the past decade, starting from $3,530.20 in 2012 and climbing to $6,033.33 by 2021. This upswing highlights a significant rise in the tax burden for residents, signaling increasing government revenue needs or broader economic shifts that could impact both current and prospective residents. For investors and potential property builders, this trend suggests a growing fiscal environment that could influence future financial planning and investment returns.
Average Total Tax Liability Per Tax Return in Oglethorpe County, GA Over the Last 10 Years
Over the past decade, Oglethorpe County, Georgia, has seen a notable rise in the average total tax liability per tax return, peaking at $7,197.78 in 2021. This suggests an upward trend in income or property values, indicating a robust local economy and potentially more financial resources for public services. For investors, property developers, or new residents, this trend points to a growing and possibly affluent community.
Cost of Living in Oglethorpe County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,045 | $1,584 | $1,993 | $1,074 | $1,293 |
| 1 adult 4 children | $1,045 | $1,294 | $1,524 | $1,074 | $1,370 |
| 2 adults 3 children | $1,045 | $1,294 | $1,729 | $1,074 | $1,049 |
| 1 adult 3 children | $1,045 | $1,057 | $1,260 | $1,074 | $1,105 |
| 2 adults 2 children | $779 | $1,060 | $1,465 | $935 | $893 |
| 1 adult 2 children | $779 | $791 | $996 | $935 | $794 |
| 2 adults 1 child | $779 | $837 | $1,201 | $481 | $817 |
| 1 adult 1 child | $779 | $541 | $732 | $481 | $670 |
| 2 adults | $686 | $673 | $937 | $0 | $726 |
| 1 adult | $645 | $367 | $468 | $0 | $600 |
Safety trends & Data
Property crime in Oglethorpe County, Georgia has seen notable decreases in burglary and larceny-theft incidents since 2018. However, motor vehicle thefts and vandalism have shown erratic patterns, especially in 2021 and 2022. These trends could suggest a safer environment with potentially higher property values and desirability, which is crucial information for investors, real estate agents, and insurance... Read more
Property Crime Trends in Oglethorpe County, GA Over the Last 5 Years
Property crime in Oglethorpe County, Georgia has seen some fluctuations over the past five years, with noticeable decreases in burglary and larceny-theft incidents since 2018. Motor vehicle thefts and instances of vandalism have been more erratic, showing a mix of spikes, particularly in 2021 and 2022. This data may be particularly relevant for potential investors and real estate agents, as lower property crime rates could indicate a safer environment, potentially increasing property values and desirability. Insurance agents might also find these trends noteworthy for risk assessments and premium calculations.
Demographics
Oglethorpe County, Georgia presents an intriguing snapshot of demographic trends. The adult population is nearly balanced between males and females. Educational attainment shows a considerable segment of high school graduates and those with some college but no degree, suggesting potential areas for workforce development. The age distribution points to a diverse age range, with a notable portion of residents in the 55 to 64 years bracket, hinting at a mature population base. Racially, the county... Read more
Race Distribution in Oglethorpe County, Georgia (2022)
Educational Attainment in Oglethorpe County, Georgia (2022)
Age Distribution in Oglethorpe County, Georgia
Citizen Population in Oglethorpe County, Georgia (2022)
Political Trends & Data
Oglethorpe County, Georgia, shows a consistent conservative leaning, with nearly 69% of the votes going to Republican candidates and around 30% to Democrats in the latest presidential election. This preference might influence local zoning policies and property tax decisions, possibly favoring policies that align with conservative values. Despite the Libertarian party's minimal presence, the strong Republican majority could impact real estate development and regulations in this... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Oglethorpe County, Georgia, appears to lean heavily Republican with nearly 69% of votes, while Democrats garnered around 30%. The Libertarian party had a minimal presence, collecting just over 1% of the vote. This suggests a strong conservative preference among voters in this area.
68.79% of voters voted for the Republican party in the 2020 Presidential Election
29.96% of voters voted for the Democrat party in the 2020 Presidential Election
1.25% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Oglethorpe County, Georgia, boasts a relatively stable student-to-teacher ratio that has consistently stayed below the national average of fourteen students per teacher, with recent figures hovering around thirteen. This could suggest a trend towards smaller class sizes, which may attract families seeking personalized educational experiences. Real estate agents might leverage this information to target buyers who prioritize quality education, while appraisers and insurance agents could view it... Read more
Student-to-teacher ratio in Oglethorpe County, Georgia over the last 10 years
Oglethorpe County, Georgia, has experienced a relatively stable student-to-teacher ratio over the past decade, largely hovering below the national average of fourteen students per teacher. With ratios ranging from a high of fourteen in 2014 to a low of about thirteen in recent years, this could indicate a trend towards smaller class sizes. This potential shift may appeal to families looking for more personalized attention in education or investors interested in developing community-focused housing. Real estate agents might find this data useful when targeting buyers who value quality education, while appraisers and insurance agents could see these ratios as a benchmark for community desirability and stability.
