Tift County Real Estate and Livability Trends
Tift County, Georgia's real estate market has shown a notable increase in median home values, hitting $140,700 in 2022, significantly lower than the state average of $245,900, making it an attractive market for affordability. The rise in real estate taxes from $2,188.27 in 2012 to $3,375.68 in 2020 hints at either an increase in property values or changes in local tax regulations. Principal... Read more
Tift County Market Trends
Tift County, Georgia's median home values have shown a mostly upward trajectory, reaching $140,700 in 2022, offering relatively affordable options compared to the state average of $245,900. Residential energy tax credits spiked in 2018 and 2021, indicating increased investments in energy-efficient home improvements driven by higher energy costs or incentives. Real estate taxes also rose notably,... Read more
Median Value of Occupied Housing Units in Tift County, Georgia Over the Last 8 Years
Tift County, Georgia's median home values have shown a mostly upward trajectory over the past eight years, with the latest figure at $140,700 in 2022. While the county's growth is apparent, it's worth noting that statewide values rose significantly to $245,900, indicating Tift County might present more accessible opportunities by comparison. On the national level, home values ascended to $179,400, showing a more moderate gap with Tift County but still suggesting a relative affordability in the county. This trend could make Tift County an attractive option for investors and new residents looking for growth potential without the high entry costs seen in other areas.
Residential Energy Tax Credit Per Tax Return in Tift County, GA Over the Last 9 Years
Tift County, Georgia has seen fluctuating averages in residential energy tax credits per tax return over the past nine years, with notable peaks in 2018 and 2021 at $1,488.89 and $1,261.11 respectively. These spikes suggest increased investments in energy-efficient home improvements, potentially driven by higher energy costs or incentives. The rise and fall pattern, particularly the sharp increase in recent years, indicates a growing awareness and shift towards sustainable living within the community, making it an attractive prospect for investors and residents prioritizing energy efficiency.
Average Real Estate Taxes Per Tax Return in Tift County, GA Over the Last 10 Years
Tift County, Georgia has seen a notable rise in average real estate taxes per tax return over the last decade. Starting at approximately $2,188.27 in 2012, taxes have increased fairly steadily with a major jump around 2018 where they peaked at $3,375.68 in 2020. This trend could be indicative of rising property values or changes in local tax policies, suggesting that potential investors or residents should prepare for a higher tax burden moving forward.
Percentage of Farm Returns in Tift County, GA Over the Last 10 Years
The percentage of farm tax returns in Tift County, Georgia has generally hovered around 2.7% to 3.1% over the past decade. There are slight fluctuations year-to-year, peaking at 3.06% in 2018 but showing a slight downward trend toward 2.67% in 2020. Farm tax returns are filed by those engaged in agricultural production; the relatively stable percentage suggests a steady agricultural presence in Tift County. This could indicate a resilient farming community that might interest investors or individuals looking to settle down in a region with a robust agricultural economy.
Number of Mortgages by Occupancy Type in Tift County, GA Over the Last 5 Years in Tift County
Over the past five years in Tift County, Georgia, there has been a noticeable fluctuation in mortgage counts across different occupancy types. Principal residences dominate the market, consistently higher each year compared to investment properties and second residences. For example, 2021 saw a sharp increase in principal residence mortgages, hitting 1711, while investment properties and second residences remained relatively stable. These variations in occupancy types can potentially indicate shifts in local demand, housing market stability, or economic conditions. Understanding these trends is crucial for investors, appraisers, real estate agents, and anyone looking into building or moving to the area, as it provides insight into market dynamics and future projections.
Economic Outlook
Tift County, Georgia has seen a consistent rise in average taxable income per tax return, from $41,797.47 in 2013 to $57,345.51 in 2021. This possibly indicates economic growth and could attract investors, developers, and new residents. Average state and local income taxes in the county have also increased sharply, from $4,708.54 in 2012 to $9,728.18 in 2021, suggesting heightened government spending or infrastructural improvements. Additionally, the average total tax liability per tax return... Read more
Average Taxable Income per Tax Return in Tift County, GA over the last 9 years
Tift County, Georgia has seen a notable upward trend in average taxable income per tax return over the past nine years, rising from around $41,797.47 in 2013 to approximately $57,345.51 in 2021. This steady increase suggests potential economic growth and could be attractive for investors, developers, and potential residents. The peak in 2021, at over $57,000, might indicate enhanced earning opportunities or a more resilient local economy.
Average State and Local Income Taxes Per Tax Return in Tift County, GA Over the Last 10 Years
Over the past decade, Tift County, Georgia has seen a significant increase in average state and local income taxes per tax return. Starting at $4,708.54 in 2012, taxes rose steadily, with noticeable jumps to $7,834.93 in 2018 and $9,728.18 by 2021. This upward trend highlights a growing financial commitment for residents, which potential investors and property developers must consider. The sharp rise in taxes potentially reflects increased local government spending or infrastructural developments, influencing the cost of living and affecting long-term investment returns.
Average Total Tax Liability Per Tax Return in Tift County, GA Over the Last 10 Years
Over the past decade, average total tax liability per tax return in Tift County, Georgia has shown a notable upward trajectory. From $6,943.90 in 2012 to $9,333.36 in 2021, there’s a clear trend of increasing financial responsibilities for residents. This spike may be indicative of rising incomes or changes in tax policies, making it a crucial factor for potential investors and homebuyers who are evaluating long-term financial commitments in the area. For those already living in Tift County, the data underscores the need to stay informed about evolving tax liabilities that could impact personal finances.
Cost of Living in Tift County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,016 | $1,428 | $1,440 | $1,163 | $936 |
| 1 adult 4 children | $1,016 | $1,166 | $1,099 | $1,163 | $989 |
| 2 adults 3 children | $1,016 | $1,166 | $1,251 | $1,163 | $764 |
| 1 adult 3 children | $1,016 | $952 | $909 | $1,163 | $785 |
| 2 adults 2 children | $772 | $955 | $1,062 | $1,015 | $674 |
| 1 adult 2 children | $772 | $713 | $720 | $1,015 | $600 |
| 2 adults 1 child | $772 | $755 | $872 | $534 | $650 |
| 1 adult 1 child | $772 | $487 | $531 | $534 | $555 |
| 2 adults | $655 | $606 | $683 | $0 | $576 |
| 1 adult | $648 | $331 | $342 | $0 | $525 |
Safety trends & Data
Property crime in Tift County, Georgia has fluctuated over the past five years, with Larceny-Theft dropping significantly from 259.00 cases in 2018 to just 29.00 in 2022. Burglary cases have varied but show a rise from 10.00 in 2019 to 23.00 in 2022. A downward trend in Fraud and Forgery incidents post-2018 may hint at improvements in financial crime prevention. Vandalism remains relatively steady, while Motor Vehicle Theft and Stolen Property arrests persist at low levels. These crime trends... Read more
Property Crime Trends in Tift County, GA Over the Last 5 Years
Property crime in Tift County, Georgia has shown a fluctuating pattern over the past five years. Larceny-Theft remains the most frequent offense, though its numbers have significantly dropped since peaking at 259.00 cases in 2018 to just 29.00 in 2022. Burglary incidents have also seen variation but exhibit a notable rise from 10.00 cases in 2019 to 23.00 in 2022. The occurrence of Fraud and Forgery shows a downward trend post-2018, hinting at potential improvements in financial crime prevention. Vandalism appears steady with minor fluctuations, while Motor Vehicle Theft and Stolen Property arrests stay relatively low but persistent. These trends could influence investment decisions, property valuations, and insurance premiums, making it critical for stakeholders to keep an eye on these statistics.
Demographics
Tift County, Georgia, shows a balanced gender distribution with a slight female majority. Educational attainment reveals a predominant number of high school graduates paired with a modest proportion of bachelor's and higher degrees. Age distribution suggests a notable amount of the population is in the prime working age range (25-64), reflecting potential economic productivity. Racial composition indicates a majority white population with a substantial black or African American minority,... Read more
Race Distribution in Tift County, Georgia (2022)
Educational Attainment in Tift County, Georgia (2022)
Age Distribution in Tift County, Georgia
Citizen Population in Tift County, Georgia (2022)
Political Trends & Data
Tift County, Georgia leaned heavily Republican in the 2020 Presidential election, with Republicans potentially securing around 66% of the vote. Democrats might have gathered about 33%, suggesting the county's political landscape could be predominantly conservative. Minor party presence, such as Libertarians, registered negligible impact, contributing roughly... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Tift County, Georgia leaned heavily Republican in the 2020 Presidential election, with Republicans potentially securing around 66% of the vote. Democrats might have gathered about 33%, suggesting the county's political landscape could be predominantly conservative. Minor party presence, such as Libertarians, registered negligible impact, contributing roughly 1%.
66.23% of voters voted for the Republican party in the 2020 Presidential Election
32.68% of voters voted for the Democrat party in the 2020 Presidential Election
1.09% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Tift County, Georgia, has seen a gradual decline in its student-to-teacher ratio over the past decade, dropping from 15 students per teacher in 2014 to about 14 teachers per student in 2023. This is below the national average, suggesting better educational outcomes and a more supportive classroom environment. For potential investors, new residents, or those working in education, this trend could enhance Tift County's appeal. Improved school quality may influence property values, insurance... Read more
Student-to-teacher ratio in Tift County, Georgia over the last 10 years
Over the last decade, Tift County, Georgia has experienced a gradual decline in its student-to-teacher ratio, dropping from 15 students per teacher in 2014 to about 14 teachers per student in 2023. This compares favorably to the current national average of 14 students per teacher, suggesting potentially smaller class sizes and more individualized attention for students in this county. For those looking to invest, move, or work in education in Tift County, a lower student-to-teacher ratio could be appealing as it often correlates with better educational outcomes and a more supportive classroom environment. This shift might influence property values, insurance benchmarks, and real estate demand owing to the perceived quality of local schools.
