Quitman County Real Estate and Livability Trends
Quitman County, Georgia has experienced a notable rise in median home values, jumping to $85,800 in 2022 from $59,600 in 2021, bucking state and national trends. The variability in real estate taxes per tax return, ranging from $1,300.00 in 2014 to $2,400.00 in 2021, reflects shifts in property values or tax policies. Significantly, there’s been a near doubling in mortgages for principal... Read more
Quitman County Market Trends
Quitman County, Georgia has seen its median home values rise significantly to $85,800 in 2022 from $59,600 in 2021, diverging from state and national trends. Real estate taxes per tax return have fluctuated widely, from a low of $1,300.00 in 2014 to $2,400.00 in 2021, suggesting variability in property values or tax policies. The consistency in farm tax returns, ranging from 2.30% to 3.66% over... Read more
Median Value of Occupied Housing Units in Quitman County, Georgia Over the Last 8 Years
Quitman County, Georgia has seen its median home values fluctuate over the past eight years, with a significant rise to $85,800 in 2022 after dipping to $59,600 in 2021. This recent spike contrasts starkly with both state and national trends, where Georgia's median home values steadily climbed from $148,100 in 2015 to $245,900 in 2022 and the nation's from $125,500 to $179,400. For investors or potential homeowners, this volatility may suggest varying market conditions in Quitman County, making it potentially more attractive to those looking for lower-cost opportunities compared to the broader market.
Average Real Estate Taxes Per Tax Return in Quitman County, GA Over the Last 10 Years
Over the past decade, real estate taxes per tax return in Quitman County, Georgia have shown significant variability, with values ranging from a low of $1,300.00 in 2014 to a high of $2,400.00 in 2021. This fluctuation may reflect changes in property values or tax policies in the region. The spike in 2021 and the previous high in 2015 at $1,877.78 suggest potential periods of increased investment or property development. Such unpredictability in tax amounts could be a critical factor for potential investors and residents when considering long-term commitments in the county.
Percentage of Farm Returns in Quitman County, GA Over the Last 10 Years
Farm tax returns in Quitman County, Georgia have shown only slight fluctuations over the past decade, beginning with 2.30% in 2012 and peaking at 3.66% in 2017 before tapering off to 2.42% by 2021. These shifts in farm tax returns may point to changing agricultural profitability or land use trends, which could be pivotal for potential investors or individuals looking to build properties focused on farming or agribusiness. Such data can provide a glimpse into the economic pulse of the county's agricultural sector, although variations are relatively minor.
Number of Mortgages by Occupancy Type in Quitman County, GA Over the Last 5 Years in Quitman County
Over the last five years, Quitman County, Georgia has seen a noticeable increase in mortgages for principal residences, peaking in 2022 with nearly double the counts from 2018, while investment property mortgages have slightly declined. This shift suggests a growing preference for long-term residency over investment purchases, which can trigger real estate appreciation, enhanced community stability, and potentially higher demand for local services. Such trends are crucial for investors evaluating market potential, appraisers predicting property values, and insurance agents estimating risk. Real estate agents and developers can also leverage this data to tailor their offerings and strategies to meet the evolving demands of residents and prospective homeowners in the area.
Economic Outlook
Quitman County, Georgia has experienced a gradual rise in average taxable income per tax return, from $29,997.65 in 2013 to $39,191.40 in 2021, suggesting increased economic stability or resident affluence. Notably, state and local income taxes averaged $2,681.82 in 2012, fluctuating before peaking at $4,100.00 in 2020, reflecting shifting economic conditions and tax policies. Total tax liability per tax return also climbed significantly from $3,509.62 in 2012 to $4,595.45 in 2021, indicating... Read more
Average Taxable Income per Tax Return in Quitman County, GA over the last 9 years
Over the past nine years, Quitman County, Georgia has seen a steady increase in average taxable income per tax return. Starting from $29,997.65 in 2013, this average climbed to $39,191.40 by 2021. This gradual rise might suggest growing economic stability or an increasing affluence among residents, which is potentially attractive for prospective investors and new residents. It’s worth noting that the most significant jumps occurred between 2016 and 2017, and then a more modest but consistent growth from 2018 onwards.
Average State and Local Income Taxes Per Tax Return in Quitman County, GA Over the Last 10 Years
Over the last 10 years, Quitman County, Georgia has seen a fluctuating trend in average state and local income taxes per tax return. Starting at $2,681.82 in 2012, the value dipped to $2,344.44 in 2013 before rising consistently to peak at $4,100.00 in 2020. This increase might reflect changes in economic conditions, tax policies, or income levels. For potential investors, property builders, and residents, understanding these trends can provide insights into the economic health and potential tax liabilities in Quitman County, making it a key consideration for financial planning and investment decisions.
Average Total Tax Liability Per Tax Return in Quitman County, GA Over the Last 10 Years
Over the past decade, Quitman County, Georgia has seen a notable upward trend in average total tax liability per tax return, rising from around $3,509.62 in 2012 to $4,595.45 in 2021. This significant increase reflects an evolving economic landscape that could impact potential investors, property developers, and residents. Higher tax liabilities might signal stronger income levels or changing fiscal policies, making the local economy and tax environment essential variables for consideration.
Cost of Living in Quitman County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $940 | $1,371 | $1,807 | $1,048 | $1,047 |
| 1 adult 4 children | $940 | $1,120 | $1,382 | $1,048 | $1,092 |
| 2 adults 3 children | $940 | $1,120 | $1,567 | $1,048 | $836 |
| 1 adult 3 children | $940 | $915 | $1,142 | $1,048 | $857 |
| 2 adults 2 children | $772 | $917 | $1,328 | $908 | $762 |
| 1 adult 2 children | $772 | $685 | $903 | $908 | $684 |
| 2 adults 1 child | $772 | $725 | $1,089 | $454 | $727 |
| 1 adult 1 child | $772 | $468 | $664 | $454 | $609 |
| 2 adults | $606 | $582 | $850 | $0 | $635 |
| 1 adult | $602 | $318 | $425 | $0 | $558 |
Demographics
Quitman County, Georgia shows a gender disparity with males slightly outnumbering females. The adult population reveals low higher education attainment, as high school graduates and those with some college but no degree comprise the largest segments. The age distribution skews towards an older population, especially those aged 55 and above. Racially, the population is nearly evenly split between White and Black or African American residents. These trends may impact local economic strategies and... Read more
Race Distribution in Quitman County, Georgia (2022)
Educational Attainment in Quitman County, Georgia (2022)
Age Distribution in Quitman County, Georgia
Citizen Population in Quitman County, Georgia (2022)
Political Trends & Data
In Quitman County, Georgia, the 2020 U.S. Presidential Election showed a potential leaning towards Republican candidates with about 55% of the vote. Democrats secured approximately 45%, marking a significant, albeit trailing, presence. There was minimal support for Libertarian candidates, and no notable votes for other parties. This pattern could hint at a strong Republican inclination, though the Democratic share remains... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Quitman County, Georgia, the 2020 U.S. Presidential Election saw a potential leaning towards Republican candidates with around 55% of the vote. Democrats garnered roughly 45%, making them a significant presence but still trailing. There was minimal support for Libertarian candidates, and no notable votes for the Green Party or other parties. This pattern might suggest a strong Republican inclination within the county, though the Democratic share represents a noteworthy faction of the electorate.
54.61% of voters voted for the Republican party in the 2020 Presidential Election
44.94% of voters voted for the Democrat party in the 2020 Presidential Election
0.45% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Quitman County, Georgia's student-to-teacher ratio has hovered between 11 and 15 students per teacher over the past decade. In 2015 and 2020, the county dipped slightly below the national average of 14 students per teacher, suggesting a relatively personalized educational environment. This could be a draw for families and investors considering the area. However, appraisers and insurance professionals might see this as indicative of broader demographic and economic trends, potentially... Read more
Student-to-teacher ratio in Quitman County, Georgia over the last 10 years
Quitman County, Georgia has seen its student-to-teacher ratio fluctuate over the past decade, staying mostly in the range of 11 to 15 students per teacher. Despite some years dipping slightly below the national average of 14 students per teacher, such as in 2015 and 2020, the overall trend suggests a relatively balanced educational environment. For potential investors, families considering relocating, or real estate professionals, these lower ratios could indicate a more personalized and potentially higher quality educational experience compared to other areas. Conversely, appraisers and insurance agents might view these fluctuations as reflective of broader demographic or economic shifts within the county, impacting property values and market stability.
