Seminole County Real Estate and Livability Trends
Seminole County, Georgia, offers intriguing insights for real estate stakeholders. Average taxable incomes per tax return have grown substantially, from $39,243.38 in 2013 to $48,927.57 in 2021, indicating enhanced economic opportunities. Median home values have spiked from $75,600 in 2015 to $110,300 in 2022, positioning the area as appealing for investors and homebuyers seeking rapid... Read more
Seminole County Market Trends
Seminole County, Georgia has experienced notable spikes in median home values, jumping from $75,600 in 2015 to $110,300 in 2022, contrasting with the steadier statewide and national trends. This fluctuation might appeal to investors and prospective homeowners looking for affordability coupled with rapid appreciation. Average residential energy tax credits have seen significant ups and downs,... Read more
Median Value of Occupied Housing Units in Seminole County, Georgia Over the Last 8 Years
Seminole County, Georgia has seen its median home values undergo significant fluctuations over the past eight years, starting at $75,600 in 2015 and spiking to $110,300 in 2022. This rise sharply contrasts with the more stable and steady increases observed both statewide and nationally. In comparison, Georgia's median values consistently climbed from $148,100 to $245,900 during the same period, while national figures went from $125,500 to $179,400. Investors and potential homeowners might find Seminole County intriguing due to its relatively lower property values coupled with instances of rapid appreciation, suggesting potential for high returns or affordable living.
Residential Energy Tax Credit Per Tax Return in Seminole County, GA Over the Last 7 Years
Over the last seven years, the average residential energy tax credit per tax return in Seminole County, Georgia has seen significant fluctuations. From a high of $650.00 in 2013, it dropped to $280.00 by 2014, then gradually increased again, reaching $1,150.00 by 2021. This rise might suggest increased investment in energy-efficient home improvements or renewable energy installations, making it an attractive prospect for those looking to invest in sustainable properties in the area.
Average Real Estate Taxes Per Tax Return in Seminole County, GA Over the Last 10 Years
In Seminole County, Georgia, there's been a notable upward trend in average real estate taxes per tax return over the past decade. Starting at $1,927.54 in 2012, the amounts have progressively increased, peaking at $3,616.67 in 2021. This steady rise suggests that property values have likely appreciated or there have been changes in tax policies, presenting important implications for potential investors and developers. Higher taxes can signal a thriving real estate market but may also impact affordability for new residents.
Percentage of Farm Returns in Seminole County, GA Over the Last 10 Years
The percentage of farm tax returns in Seminole County, Georgia shows noticeable fluctuation over the past 10 years, peaking at around 6.09% in 2012 and dipping to about 4.68% in 2020. This data suggests some variability, which might point to changes in the local agricultural economy, shifts in land use, or broader economic trends affecting farming activities. For those considering investment or settling in Seminole County, these figures could provide insights into the stability and potential profitability of agricultural ventures in the area. Farm tax returns offer a glimpse into the economic health of farming communities, reflecting both production outputs and economic conditions. Understanding this trend can be crucial for making informed decisions regarding property investments and business opportunities within this Georgia county.
Number of Mortgages by Occupancy Type in Seminole County, GA Over the Last 5 Years in Seminole County
In Seminole County, Georgia, mortgage activities for principal residences have shown a consistent increase, peaking in 2021 before slightly dipping in 2022. Investment properties saw a minor fluctuation, maintaining relatively stable numbers, while second residences had varying interest but ultimately lower volume compared to other types. These trends can inform investors and real estate agents about shifting local priorities and property demands. Insurance agents and appraisers might find these patterns useful to assess risk and property values more accurately. For those planning to build, understanding these shifts could highlight emerging markets and guide development strategies.
Economic Outlook
In Seminole County, Georgia, the average taxable income per tax return has risen from $39,243.38 in 2013 to $48,927.57 by 2021, hinting at economic growth and enhanced investment prospects. Average state and local income taxes per tax return have similarly climbed from $4,562.69 in 2012 to $6,169.23 by 2021, with a notable surge between 2017 and 2018. The total tax liability per tax return also shows upward fluctuations, peaking at $7,411.87 in 2015 and dipping to $5,947.76 in 2019, reflecting... Read more
Average Taxable Income per Tax Return in Seminole County, GA over the last 9 years
In Seminole County, Georgia, the average taxable income per tax return has generally seen an upward trend over the last nine years, fluctuating but notably increasing from $39,243.38 in 2013 to $48,927.57 by 2021. This kind of financial growth could be indicative of economic development and potentially more lucrative opportunities for investment and property development in the area. The rising income levels may also suggest a sturdy local economy, appealing for those considering relocation or starting new ventures in this region.
Average State and Local Income Taxes Per Tax Return in Seminole County, GA Over the Last 10 Years
Over the last decade, average state and local income taxes per tax return in Seminole County, Georgia have seen a noticeable upswing. Starting at $4,562.69 in 2012, these rates climbed to $6,169.23 by 2021. The most significant jump occurred between 2017 and 2018 when taxes rose from $4,921.67 to $6,016.67. This trend denotes a sharp increase in tax burdens, reflecting either improving local economic conditions or higher fiscal demands on residents, a crucial consideration for investors and potential property owners.
Average Total Tax Liability Per Tax Return in Seminole County, GA Over the Last 10 Years
Over the last decade, Seminole County, Georgia has seen fluctuations in average total tax liability per tax return, with notable peaks in 2015 at $7,411.87 and a significant dip in 2019 to $5,947.76. Despite these shifts, the general trend maintains an upward trajectory. Investors and prospective residents might view this as an indicator of evolving economic conditions, suggesting both opportunities and considerations for financial planning within the county.
Cost of Living in Seminole County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,066 | $1,339 | $1,440 | $1,048 | $930 |
| 1 adult 4 children | $1,066 | $1,094 | $1,099 | $1,048 | $992 |
| 2 adults 3 children | $1,066 | $1,094 | $1,251 | $1,048 | $761 |
| 1 adult 3 children | $1,066 | $893 | $909 | $1,048 | $788 |
| 2 adults 2 children | $823 | $896 | $1,062 | $908 | $676 |
| 1 adult 2 children | $823 | $669 | $720 | $908 | $607 |
| 2 adults 1 child | $823 | $708 | $872 | $454 | $658 |
| 1 adult 1 child | $823 | $457 | $531 | $454 | $565 |
| 2 adults | $646 | $569 | $683 | $0 | $580 |
| 1 adult | $643 | $310 | $342 | $0 | $528 |
Safety trends & Data
Seminole County, Georgia has seen fluctuating trends in property crime over the past five years. Larceny-theft remains the most common crime, ranging from 10.00 incidents in 2018 to a peak of 17.00 in 2019. Burglary saw a notable spike in 2019 with 6.00 incidents, while trends for arson, motor vehicle theft, and vandalism have been less predictable. These patterns could impact property valuations, insurance premiums, and investor returns in the... Read more
Property Crime Trends in Seminole County, GA Over the Last 5 Years
Seminole County, Georgia has shown varying trends in property crime over the past five years. Larceny-theft consistently stands out as the most frequent crime, with fluctuations from 10.0 incidents in 2018 to a peak of 17.0 in 2019 and then slightly lower numbers in subsequent years. Burglary incidents were more sporadic, with a notable spike in 2019 at 6.0 incidents, while other crimes like arson, motor vehicle theft, and vandalism presented less consistent patterns. Insurance agents and investors should keep an eye on these trends, as they may influence property valuations, premiums, and potential returns in the area.
Demographics
Seminole County, Georgia, presents a nearly balanced gender distribution among its adult population. Educational attainment indicates a substantial proportion of residents have completed high school or possess some college experience, though higher degrees are relatively less common. The age distribution skews towards an older demographic, with a sizable segment aged 55 and above, showcasing potential implications for healthcare and social services. Racially, the county is predominantly White,... Read more
Race Distribution in Seminole County, Georgia (2022)
Educational Attainment in Seminole County, Georgia (2022)
Age Distribution in Seminole County, Georgia
Citizen Population in Seminole County, Georgia (2022)
Political Trends & Data
Seminole County, Georgia, displayed a significant Republican preference in the 2020 U.S. Presidential Election, with around 67% of the vote going to the GOP. Democrats captured just under 33%, suggesting a pronounced conservative tilt in local political leanings. The Libertarian party barely registered with less than 0.5%, and the Green party saw no support at all. This strong conservative inclination may inform market behaviors and community priorities, potentially impacting real estate trends... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Seminole County, Georgia, the 2020 U.S. Presidential Election saw a marked preference for the Republican party, with nearly 67% of the vote, while the Democratic party garnered just under 33%. The Libertarian party received a very small fraction of the vote, slightly below 0.5%, and there was no recorded support for the Green party. This distribution might suggest a strong leaning towards conservative values among voters in this area.
67.22% of voters voted for the Republican party in the 2020 Presidential Election
32.29% of voters voted for the Democrat party in the 2020 Presidential Election
0.49% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Seminole County, Georgia, is experiencing a notable decline in its student-to-teacher ratio, dropping from nearly sixteen students per teacher in 2014 to around thirteen in 2023. This trend toward smaller class sizes compares favorably to the national average of fourteen students per teacher and suggests a growing focus on individualized attention in education. Investors, real estate agents, and prospective residents might find that this improving educational environment adds value to local... Read more
Student-to-teacher ratio in Seminole County, Georgia over the last 10 years
Seminole County, Georgia has seen its student-to-teacher ratio generally decline over the past decade, dropping from a high of nearly sixteen students per teacher in 2014 to approximately thirteen in 2023. While there was a notable dip to around thirteen students per teacher in 2020, this suggests an effort toward smaller class sizes. Compared to the national average of fourteen students per teacher, Seminole County is trending lower, which could imply better individualized attention for students and potentially higher educational outcomes. For investors, real estate agents, and those considering a move to the area, these trends may indicate a strengthening educational environment, possibly adding value to local properties. Appraisers and insurance agents might also find this shift relevant as it could influence property valuations and insurance premiums respectively.
