Telfair County Real Estate and Livability Trends
Telfair County, Georgia has seen a rise in average taxable income, reaching $40,481.20 by 2021, hinting at economic progress and potential investment opportunities. The median home value, despite recent increases, remains well below Georgia's average and national medians, making it an attractive area for affordable housing investments. Moreover, real estate taxes and investment property mortgages... Read more
Telfair County Market Trends
Telfair County, Georgia has experienced fluctuating median home values ranging from $55,600 to $90,000 over the past eight years, with a notable increase in 2022. Despite these ups and downs, the 2022 median home value remains substantially lower than the statewide average of $245,900 and the national median of $179,400, indicating potential investment opportunities due to affordable property... Read more
Median Value of Occupied Housing Units in Telfair County, Georgia Over the Last 8 Years
Telfair County, Georgia has seen a somewhat unpredictable trend in median home values over the past eight years, fluctuating between $55,600 and $90,000, with a significant jump in 2022. While still relatively affordable, this county's median home value in 2022 is considerably lower than both the statewide median of $245,900 and the national median of $179,400 for the same year. This disparity could signal potential investment opportunities for those looking to capitalize on lower regional property prices with the possibility of future appreciation.
Residential Energy Tax Credit Per Tax Return in Telfair County, GA Over the Last 9 Years
In Telfair County, Georgia, the residential energy tax credit per tax return has shown notable volatility over the last nine years. Starting at an average of $340.00 in 2013, it spiked dramatically to $1,700.00 in 2018 before experiencing a slight dip and then climbing back up to $1,116.67 in 2021. This pattern suggests a growing investment in energy-efficient home improvements, with peak years indicating significant local efforts towards sustainability. Prospective property owners and developers can take this data as a hint towards the community's increasing awareness and investment in energy efficiency, making it a compelling factor for future planning and investment.
Average Real Estate Taxes Per Tax Return in Telfair County, GA Over the Last 10 Years
Over the past decade, Telfair County, Georgia, has seen fluctuations in average real estate taxes per tax return, ranging from a low of approximately $1,914.04 in 2012 to a high of around $2,552.94 in 2018. Notably, there was a significant decrease in 2020 to roughly $1,933.33. These changes could be indicative of broader economic shifts or local fiscal policy adjustments. For those considering investment or relocation, these tax trends might suggest variable financial planning year-to-year.
Percentage of Farm Returns in Telfair County, GA Over the Last 10 Years
Over the last ten years, the percentage of farm tax returns in Telfair County, Georgia, has hovered around 7.19% to 8.60%. Farm tax returns, which represent the financial filings of agricultural enterprises, can serve as a potential indicator of agricultural activity and economic health in the area. For investors, this trend suggests a relatively stable agricultural sector, though there have been slight fluctuations. These numbers might influence decisions on property investments, development projects, or relocation plans to harness the strong, albeit slightly variable, farming backbone of Telfair County.
Number of Mortgages by Occupancy Type in Telfair County, GA Over the Last 5 Years in Telfair County
Investment property mortgages in Telfair County, Georgia have generally remained low over the past five years, peaking at 19 in 2020 and declining to 5 in 2022. Principal residence mortgages, however, have shown an upward trend, rising from 127 in 2018 to a peak of 237 in 2021 before slightly decreasing to 213 in 2022. Second residence mortgages consistently represented a small fraction of the total, never exceeding 7 per year. Such patterns may indicate shifting focus toward owner-occupied homes, impacting property values, insurance premiums, and investment opportunities. Investors and real estate agents might see this as a signal of growing stability or a primary resident-driven market, while appraisers and insurers could view it as essential for accurate risk assessments and pricing.
Economic Outlook
Telfair County, Georgia has seen a steady increase in average taxable income over the past nine years, reaching $40,481.20 by 2021, which suggests economic improvement and potential opportunities for investment. However, state and local income taxes have fluctuated significantly, peaking at $5,782.35 in 2019 and resting at $4,717.65 in 2021, indicating shifting economic conditions or policy changes. Meanwhile, the average total tax liability per tax return has generally risen, crossing $5,000... Read more
Average Taxable Income per Tax Return in Telfair County, GA over the last 9 years
Telfair County, Georgia has seen a gradual increase in average taxable income per tax return over the past nine years. Starting at $32,877.14 in 2013, average incomes rose to an all-time high of $40,481.20 by 2021. Despite minor fluctuations, the overall trend suggests a steady economic improvement, which could signal potential opportunities for investment and property development. This incremental growth is likely encouraging for those considering a move to the area or existing residents looking for positive economic indicators.
Average State and Local Income Taxes Per Tax Return in Telfair County, GA Over the Last 10 Years
Over the last decade, Telfair County, Georgia has seen significant fluctuations in average state and local income taxes per tax return. The tax values peaked at $5782.35 in 2019 but saw a notable decrease to $3340.58 in 2017. The most recent data from 2021 shows the average tax return at $4717.65, highlighting a trend of increasing taxes in recent years. This indicates a shift in economic conditions, varying incomes, or policy changes, making it an important consideration for potential investors or residents evaluating cost implications.
Average Total Tax Liability Per Tax Return in Telfair County, GA Over the Last 10 Years
Telfair County, Georgia has seen fluctuations in average total tax liability per tax return over the last decade. Notably, the tax liability spiked to $5,426.29 in 2019, a significant increase from previous years. Despite occasional dips, such as in 2017 with $4,641.30, the general trend suggests a rising financial commitment for taxpayers, peaking again at over $5,000 in recent years. Investors and potential residents should be aware of these rising liabilities as part of their financial planning and cost of living considerations.
Cost of Living in Telfair County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $940 | $1,299 | $1,415 | $1,048 | $861 |
| 1 adult 4 children | $940 | $1,061 | $1,079 | $1,048 | $897 |
| 2 adults 3 children | $940 | $1,061 | $1,229 | $1,048 | $698 |
| 1 adult 3 children | $940 | $866 | $893 | $1,048 | $710 |
| 2 adults 2 children | $772 | $869 | $1,043 | $908 | $645 |
| 1 adult 2 children | $772 | $649 | $708 | $908 | $579 |
| 2 adults 1 child | $772 | $687 | $858 | $454 | $632 |
| 1 adult 1 child | $772 | $443 | $522 | $454 | $544 |
| 2 adults | $606 | $552 | $672 | $0 | $562 |
| 1 adult | $516 | $301 | $336 | $0 | $484 |
Safety trends & Data
Telfair County, Georgia has experienced minor fluctuations in larceny-theft incidents over the past three years, indicating a fairly steady but modestly declining trend. For real estate investors, this trend may suggest a relatively low and manageable risk regarding property crime. This is relevant for appraisers, insurance agents, and potential new residents as it offers a level of consistency in property-related safety and... Read more
Property Crime Trends in Telfair County, GA Over the Last 3 Years
Over the past three years, Telfair County, Georgia has seen minor fluctuations in larceny-theft incidents, suggesting a relatively stable but slightly declining trend. For real estate investors, this could signal a relatively low and manageable risk in terms of property crime. This trend is important for appraisers, insurance agents, and prospective residents looking to move to the area, as it provides some assurance of consistency in property-related safety and security.
Demographics
Telfair County, Georgia, seems to have a slight male predominance among adults. When it comes to education, a significant number of adults have high school diplomas, though the number with higher education degrees is notably modest. The age distribution indicates a balanced spread across various age groups, but the younger demographics are relatively smaller. Racially, Telfair County is predominantly White, with a substantial African American population, and other racial groups making up a very... Read more
Race Distribution in Telfair County, Georgia (2022)
Educational Attainment in Telfair County, Georgia (2022)
Age Distribution in Telfair County, Georgia
Citizen Population in Telfair County, Georgia (2022)
Political Trends & Data
Telfair County in Georgia tends to lean strongly Republican, as evidenced by roughly 65% of the vote going to Republican candidates in the 2020 U.S. Presidential Election. Democrats captured about 34%, while third-party candidates, including Libertarians, garnered less than... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Telfair County in Georgia leaned heavily Republican in the 2020 U.S. Presidential Election, with Republicans likely securing around 65% of the vote. Democrats, on the other hand, garnered approximately 34%, while third parties such as the Libertarians saw minimal support, capturing less than 1% of the vote.
65.20% of voters voted for the Republican party in the 2020 Presidential Election
34.32% of voters voted for the Democrat party in the 2020 Presidential Election
0.48% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Telfair County, Georgia's student-to-teacher ratio has generally stayed above the national average, with a notable spike to nearly 21 students per teacher in 2020. Despite some easing, this number remained high in 2023 at around 20 students per teacher. This trend is likely to influence investors, home buyers, and educators as higher ratios may impact school quality perceptions, potentially affecting real estate values and long-term community... Read more
Student-to-teacher ratio in Telfair County, Georgia over the last 10 years
The student-to-teacher ratio in Telfair County, Georgia has seen some fluctuation over the past decade, typically staying above the national average of 14 students per teacher. From a relatively stable range around 15 students per teacher from 2014 to 2018, there was a sudden spike to nearly 21 in 2020. Despite some easing, numbers remained high in 2023 at about 20 students per teacher. This could impact decisions for investors, home buyers, and educators as higher student-to-teacher ratios can affect school quality perceptions, local real estate values, and potentially longer-term community growth prospects.
