Paulding County Real Estate and Livability Trends
Paulding County, Georgia's real estate market is notably dynamic, reflecting a surge in median home values from $133,500 in 2015 to $251,100 in 2022, outpacing both state and national trends. The average taxable income has steadily increased, potentially signifying economic growth but also higher financial commitments. Real estate taxes have more than doubled in the past decade, hinting at rising... Read more
Paulding County Market Trends
Paulding County, Georgia has experienced a notable surge in median home values, climbing from $133,500 in 2015 to $251,100 in 2022, outpacing both state and national trends. The growing average residential energy tax credit per tax return, which peaked at $1,333.33 in 2018 before stabilizing around $1,189.19 by 2021, indicates heightened interest in energy-efficient home improvements.... Read more
Median Value of Occupied Housing Units in Paulding County, Georgia Over the Last 8 Years
Over the past eight years, Paulding County, Georgia has seen median home values rise significantly, from $133,500 in 2015 to $251,100 in 2022. This increase surpasses both the state of Georgia, where values went from $148,100 to $245,900, and national trends, where values went from $125,500 to $179,400. Prospective investors and homeowners might find Paulding County particularly appealing due to its relatively higher appreciation rates, reflecting possibly stronger demand or favorable conditions in the local housing market.
Residential Energy Tax Credit Per Tax Return in Paulding County, GA Over the Last 9 Years
Over the last nine years, Paulding County, Georgia has seen a significant increase in the average residential energy tax credit per tax return. Starting at $266.89 in 2013, the credit saw fluctuations but surged to $1333.33 in 2018 before settling at $1189.19 by 2021. This growth reflects rising investments in energy-efficient home improvements, making the county attractive for eco-conscious residents and investors eyeing sustainable property developments.
Average Real Estate Taxes Per Tax Return in Paulding County, GA Over the Last 10 Years
Paulding County, Georgia has seen a steady increase in average real estate taxes per tax return over the past decade, rising from approximately $1,639.34 in 2012 to around $3,580.00 in 2021. This trend suggests growing property values or changes in tax rates, which may impact investment strategies and cost of living considerations for both new residents and existing homeowners. Those keen on building or investing in the area should evaluate the upward trajectory in property taxes as part of their financial planning.
Percentage of Farm Returns in Paulding County, GA Over the Last 10 Years
Over the last decade in Paulding County, Georgia, the percentage of farm tax returns has shown slight fluctuation but generally declined from 0.40% in 2012 to around 0.31% in 2021. Farm tax returns signify the number of properties filing income from farming activities, useful for gauging the vitality of the agricultural sector. Potential investors and those interested in property development should note these figures as they may indicate a shift away from agricultural use, which could impact land value and future zoning regulations.
Number of Mortgages by Occupancy Type in Paulding County, GA Over the Last 5 Years in Paulding County
Paulding County, Georgia has seen a steady dominance of principal residence mortgages over the past five years, with a noticeable peak in 2021 at 19,540. Investment property mortgages have remained relatively stable, hovering around the 400 mark annually, while second residence mortgages have shown a slight decline, with 2022 seeing just 74. Changes in the types of occupancy can signal shifting priorities or market conditions, which are vital for investors, real estate professionals, and policymakers. For instance, a stable or increasing number of investment properties might indicate a growing rental market, pertinent for new investors or those expanding portfolios. On the other hand, fewer second residence mortgages could imply economic constraints or evolving buyer preferences.
Economic Outlook
Over the past nine years, Paulding County, Georgia has experienced a steady rise in average taxable income per tax return, growing from $51,965.08 in 2013 to $66,396.70 in 2021. Concurrently, average state and local income taxes nearly doubled, reaching $7,181.70 by 2021. This trend in taxes, particularly after a spike in 2018, could be a critical factor for investors and potential residents assessing financial commitments. The average total tax liability has also increased consistently,... Read more
Average Taxable Income per Tax Return in Paulding County, GA over the last 9 years
Over the past nine years, Paulding County, Georgia has seen steady growth in average taxable income per tax return. Starting at $51,965.08 in 2013, this number has gradually increased to $66,396.70 by 2021. This upward trend can potentially signal a stronger local economy, making the county an attractive prospect for new investments, property development, or relocation. Skeptics might point out that growth rates can fluctuate and warrant further analysis.
Average State and Local Income Taxes Per Tax Return in Paulding County, GA Over the Last 10 Years
Over the past decade, average state and local income taxes per tax return in Paulding County, Georgia, have nearly doubled from $4,100.75 in 2012 to $7,181.70 in 2021. Notably, there was a significant spike in 2018 with taxes rising to $6,212.46 from $4,954.07 in 2017, and they have continued to climb since then. This upward trend highlights an increasing tax burden, which could be a critical consideration for potential investors, property developers, and new residents evaluating the financial landscape of the county.
Average Total Tax Liability Per Tax Return in Paulding County, GA Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Paulding County, Georgia has consistently increased, starting at $6,386.69 in 2012 and rising to $9,109.90 by 2021. This upward trajectory indicates a growing tax burden, which could reflect rising income levels, economic growth, or changes in local tax policies. For investors, builders, and potential residents, these figures suggest a growing and financially robust community but also potentially higher living costs.
Cost of Living in Paulding County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,902 | $1,496 | $1,815 | $1,736 | $1,909 |
| 1 adult 4 children | $1,902 | $1,222 | $1,387 | $1,736 | $2,018 |
| 2 adults 3 children | $1,902 | $1,222 | $1,575 | $1,736 | $1,626 |
| 1 adult 3 children | $1,902 | $998 | $1,147 | $1,736 | $1,776 |
| 2 adults 2 children | $1,563 | $1,000 | $1,335 | $1,522 | $1,330 |
| 1 adult 2 children | $1,563 | $747 | $907 | $1,522 | $1,404 |
| 2 adults 1 child | $1,563 | $791 | $1,096 | $828 | $1,162 |
| 1 adult 1 child | $1,563 | $511 | $668 | $828 | $1,104 |
| 2 adults | $1,384 | $635 | $856 | $0 | $954 |
| 1 adult | $1,354 | $346 | $428 | $0 | $859 |
Safety trends & Data
Property crime trends in Paulding County, Georgia show significant fluctuations over the last five years. Larceny-theft saw a drop from 275.00 cases in 2018 to 128.00 in 2020, then increased to 236.00 cases in 2021 before reducing to 176.00 in 2022. Vandalism peaked at 119.00 incidents in 2020 and later decreased to 57.00 in 2022. Burglary has been on a steady decline, from 36.00 cases in 2018 to just 8.00 in 2022. This fluctuating yet manageable crime landscape is relevant for prospective... Read more
Property Crime Trends in Paulding County, GA Over the Last 5 Years
Property crime in Paulding County, Georgia has shown noticeable fluctuations over the past five years. While larceny-theft saw a significant decline from 275.00 cases in 2018 to a low of 128.00 cases in 2020, it climbed again to 236.00 cases in 2021 before reducing to 176.00 cases in 2022. Vandalism surged dramatically from 28.00 incidents in 2018 to a peak of 119.00 in 2020, followed by a decline to 57.00 in 2022. Burglary numbers have consistently dropped from 36.00 cases in 2018 to just 8.00 in 2022. Motor vehicle theft and arson remain relatively low and stable. The trends suggest a volatile but manageable property crime landscape, important for prospective homeowners, real estate investors, and insurance professionals to consider.
Demographics
The adult population in Paulding County, Georgia skews slightly female, and the educational attainment trends might suggest a noteworthy portion completing high school or gaining some college experience but not necessarily finishing a degree. Age distribution shows a diverse spread with a potential focus on middle-aged residents, hinting at a community that could be child-rearing and workforce-oriented. Racial demographics indicate a predominantly White population with a significant Black or... Read more
Race Distribution in Paulding County, Georgia (2022)
Educational Attainment in Paulding County, Georgia (2022)
Age Distribution in Paulding County, Georgia
Citizen Population in Paulding County, Georgia (2022)
Political Trends & Data
In Paulding County, Georgia, the 2020 U.S. presidential election saw a significant 64% Republican vote, with Democrats capturing around 35% and Libertarians at 1.4%. This strong Republican dominance might point to a stable political landscape, potentially impacting real estate investment decisions through predictable policy influences. Understanding these voting patterns could be crucial for designing effective campaign strategies and anticipating regulatory environments that could affect... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Paulding County, Georgia, approximately 64% of the 2020 U.S. presidential election votes leaned Republican, while around 35% favored the Democratic candidate. The Libertarian party garnered a modest 1.4%. This distribution suggests a strong Republican presence, with only a small fraction of voters deviating toward third-party options. Such trends might indicate a relatively stable political leaning within the county, which could be vital for future campaign strategies.
63.86% of voters voted for the Republican party in the 2020 Presidential Election
34.79% of voters voted for the Democrat party in the 2020 Presidential Election
1.35% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Paulding County, Georgia, has seen a gradual decrease in the student-to-teacher ratio over the past decade, moving from 16 students per teacher in 2014 to approximately 15 students per teacher in 2023. This trend could be appealing for potential movers and investors, suggesting improving educational resources versus the national average of 14 students per teacher. Lower ratios typically mean more individualized attention for students, which could bump up property values. Real estate agents... Read more
Student-to-teacher ratio in Paulding County, Georgia over the last 10 years
Paulding County, Georgia has seen a gradual decrease in the student-to-teacher ratio over the past decade, moving from 16 students per teacher in 2014 to approximately 15 students per teacher in 2023. This trend can be quite appealing for potential movers and investors, suggesting improving educational resources compared to the national average of 14 students per teacher. Lower ratios typically indicate more individualized attention for students, a factor that could elevate property values. Real estate agents might leverage this data to highlight the county's commitment to education. For appraisers and insurance agents, these trends could affect property assessments and insurance premiums, given the correlation between school quality and neighborhood desirability. For those looking to build or invest in property, knowing that the local education system is evolving positively might influence decision-making.
