Randolph County Real Estate and Livability Trends
Randolph County, Georgia has seen a steady increase in average taxable income per tax return from $32,646.44 in 2013 to $40,542.05 in 2021, hinting at rising incomes and economic activity. Median home values grew modestly from $68,400 in 2015 to $83,800 in 2022, potentially offering undervalued investment opportunities. Residential energy tax credits surged, reflecting a push toward energy... Read more
Randolph County Market Trends
Randolph County, Georgia, has seen a modest rise in median home values from $68,400 in 2015 to $83,800 in 2022, lagging behind the state and national trends. The area might present investment opportunities as it appears undervalued relative to broader market surges. Residential energy tax credits per tax return have trended sharply upward, from $366.67 in 2013 to $1,200.00 in 2021, indicating a... Read more
Median Value of Occupied Housing Units in Randolph County, Georgia Over the Last 8 Years
Randolph County, Georgia has seen a fluctuating but overall modest increase in median home values over the past eight years, peaking at $83,800 in 2022 from $68,400 in 2015. Compared to the state of Georgia, where the median home value surged from $148,100 to $245,900 in the same period, Randolph County's growth pace appears more restrained. This could signal potential investment opportunities as the area might be undervalued relative to broader state and national trends. Nationally, the median home values ascended from $125,500 to $179,400, illustrating a robust upward trend that outpaces both Randolph County and the state of Georgia.
Residential Energy Tax Credit Per Tax Return in Randolph County, GA Over the Last 6 Years
Randolph County, Georgia has seen significant volatility and a striking upward trend in residential energy tax credits per tax return over the last six years. Starting with an average of $366.67 in 2013, there was a sharp increase to $550.00 in 2015 and further to $1,100.00 in 2020, peaking at $1,200.00 in 2021. This suggests a growing investment in energy-efficient home improvements, positioning the county as an appealing spot for savvy homeowners and developers focusing on sustainable living.
Average Real Estate Taxes Per Tax Return in Randolph County, GA Over the Last 10 Years
Over the last decade, Randolph County, Georgia has experienced a noticeable increase in average real estate taxes per tax return, rising from $1,766.67 in 2012 to $2,866.67 in 2021. This upward trend generally suggests an increase in property values or tax rates, which could be a consideration for potential investors or property developers. Despite some fluctuation, such as the spike in 2019 with taxes reaching $2,855.56, the overall trajectory showcases a rising cost of property ownership, a critical factor for anyone looking to move to or invest in the area.
Percentage of Farm Returns in Randolph County, GA Over the Last 10 Years
Randolph County, Georgia, has seen relatively stable farm tax return percentages over the last decade. Values have hovered around 5%, with slight increases and decreases, peaking at around 5.58% in 2019. For those looking to invest or build property, this consistent percentage indicates a steady agricultural presence, which might influence property values and local market trends. Farm tax returns reflect the financial activity of farms, offering insights into the agricultural economy's health—an essential factor for potential investors or residents prioritizing a rural lifestyle.
Number of Mortgages by Occupancy Type in Randolph County, GA Over the Last 5 Years in Randolph County
The data from Randolph County, Georgia, indicates that principal residences consistently dominate the mortgage landscape, with a noticeable peak in 2021 when they reached 174 mortgages. Second residences and investment properties have remained relatively stable over the past five years but trail significantly behind primary homes. This shift likely underscores a strong demand for local housing driven by people settling permanently, which could hint at regional growth or the attractiveness of the area. For investors and developers, this trend can signal an opportunity to cater to the steady influx of primary residents. Insurance agents and appraisers should watch how these occupancy types shift, as they can significantly influence risk assessments and property valuation trends.
Economic Outlook
Randolph County, Georgia has generally witnessed a rise in average taxable income per tax return, moving from $32,646.44 in 2013 to $40,542.05 in 2021. Additionally, average state and local income taxes per return have climbed from $3,509.52 in 2012 to $5,175.00 in 2021, suggesting increased economic activity and potentially higher incomes. The average total tax liability per return also rose from $4,396.88 in 2012 to $5,367.17 in 2021, indicating broader economic growth. For investors and... Read more
Average Taxable Income per Tax Return in Randolph County, GA over the last 9 years
Over the last nine years, Randolph County, Georgia has generally seen an upward trend in average taxable income per tax return, growing from $32,646.44 in 2013 to $40,542.05 in 2021. This rise, despite some fluctuations, may suggest improving economic conditions or increased earnings for residents. For anyone looking to invest or relocate, this trend could indicate a gradually strengthening financial landscape worth paying attention to.
Average State and Local Income Taxes Per Tax Return in Randolph County, GA Over the Last 10 Years
Randolph County, Georgia has seen a noticeable uptick in average state and local income taxes per tax return over the past decade, climbing from $3,509.52 in 2012 to a peak of $5,375.00 in 2020 before slightly dipping to $5,175.00 in 2021. This upward trend suggests increasing economic activity and potentially higher incomes, which could be appealing for investors and individuals looking for robust community growth and fiscal stability. The steady increase, especially sharp post-2017, indicates an economic resilience that can be valuable for real estate development and long-term investments.
Average Total Tax Liability Per Tax Return in Randolph County, GA Over the Last 10 Years
In Randolph County, Georgia, the average total tax liability per tax return has seen a notable upward trend over the past decade, climbing from $4,396.88 in 2012 to $5,367.17 in 2021. This increase reflects broader economic changes and suggests higher incomes or wealth accumulation among residents. The peak in 2021, despite minor fluctuations in earlier years, indicates potentially favorable conditions for economic development, making it an appealing consideration for investors and new residents eyeing growth opportunities in the area.
Cost of Living in Randolph County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $982 | $1,371 | $1,606 | $1,048 | $978 |
| 1 adult 4 children | $982 | $1,120 | $1,227 | $1,048 | $1,030 |
| 2 adults 3 children | $982 | $1,120 | $1,394 | $1,048 | $790 |
| 1 adult 3 children | $982 | $915 | $1,015 | $1,048 | $810 |
| 2 adults 2 children | $772 | $917 | $1,183 | $908 | $709 |
| 1 adult 2 children | $772 | $685 | $803 | $908 | $631 |
| 2 adults 1 child | $772 | $725 | $971 | $454 | $682 |
| 1 adult 1 child | $772 | $468 | $591 | $454 | $575 |
| 2 adults | $606 | $582 | $759 | $0 | $599 |
| 1 adult | $602 | $318 | $379 | $0 | $532 |
Safety trends & Data
Randolph County, Georgia, has experienced fluctuating property crime rates over the last four years. In 2020, there was a notable rise in vandalism, topping out at 4 reported cases, and an increase in larceny-theft. By 2022, both larceny-theft and burglary incidents dropped significantly, possibly due to improved security or law enforcement. This downward trend could indicate a safer environment for potential investors or new residents, though it still highlights areas needing ongoing... Read more
Property Crime Trends in Randolph County, GA Over the Last 4 Years
Over the past four years, Randolph County, Georgia, has seen fluctuating property crime incidents with notable variations among specific crime types. In 2020, there was a noticeable spike with vandalism reaching a high of 4 reported cases, while larceny-theft incidents saw an increase compared to surrounding years. By 2022, there was a significant decrease in overall incidents, particularly for larceny-theft and burglary, suggesting potentially improved security measures or law enforcement efforts. This trend might imply positive changes for those considering investments or relocations, although it also signals areas for ongoing vigilance.
Demographics
Randolph County, Georgia, reveals some intriguing demographic trends. There appears to be a slightly higher female population compared to males. The educational attainment predominantly peaks at a high school level, with fewer residents pursuing higher degrees. Age distribution suggests a well-represented range of demographics, although there might be a smaller cohort in the younger and very old age categories. The racial composition seems notably diverse, with a substantial Black or African... Read more
Race Distribution in Randolph County, Georgia (2022)
Educational Attainment in Randolph County, Georgia (2022)
Age Distribution in Randolph County, Georgia
Citizen Population in Randolph County, Georgia (2022)
Political Trends & Data
Randolph County, Georgia, saw a tilt toward the Democratic Party in the 2020 Presidential Election, with just over 54% of the votes, while the Republican Party garnered around 45%. This suggests a possible shift in voter sentiment, signaling that demographic changes or local issues may be influencing political leanings in the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Randolph County, Georgia, may have leaned toward the Democratic Party in the 2020 U.S. Presidential Election, with just over 54% of the vote, while Republicans captured around 45%. The Libertarian Party had a minimal impact, garnering under 1%. This shift could reflect broader changes in voter sentiment within the county.
45.25% of voters voted for the Republican party in the 2020 Presidential Election
54.36% of voters voted for the Democrat party in the 2020 Presidential Election
0.39% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
The student-to-teacher ratio in Randolph County, Georgia, has fluctuated significantly over the past decade, from 17 students per teacher in 2014 to around 14 in 2022, landing at 14.55 in 2023. This trend indicates both improvement and instability, which might suggest varying educational resource allocation and potential shifts in school enrollment dynamics. These changes could impact long-term planning and community growth prospects, making it crucial for investors, policymakers, educators,... Read more
Student-to-teacher ratio in Randolph County, Georgia over the last 10 years
The student-to-teacher ratio in Randolph County, Georgia, has shown considerable fluctuation over the past decade, starting with a high of 17 students per teacher in 2014 and dipping to around 14 students per teacher in 2022. While the current ratio of 14.55 students per teacher in 2023 is close to the national average, this trend reflects a period of both improvement and instability. For potential investors, policymakers, educators, and families, these changes might suggest varying educational resource allocation and potential shifts in school enrollment dynamics, impacting long-term planning and community growth prospects.
