Turner County Real Estate and Livability Trends
Turner County, Georgia has seen a gradual rise in average taxable income from $32,018.73 in 2013 to $40,536.34 in 2021, hinting at economic growth. Real estate taxes surged from $2,292.86 in 2019 to $2,754.54 by 2021, possibly reflecting rising property demand and valuation, while median home values climbed to $85,600 in 2022. Additionally, notable declines in student-to-teacher ratios, from 48... Read more
Turner County Market Trends
Median home values in Turner County, Georgia, have climbed from $70,900 in 2015 to $85,600 in 2022, offering a more budget-friendly alternative compared to state and national medians. This affordability, alongside significant fluctuations in residential energy tax credits, underscores a growing focus on energy efficiency, peaking at $850.00 in 2021. Real estate taxes have generally increased,... Read more
Median Value of Occupied Housing Units in Turner County, Georgia Over the Last 8 Years
Median home values in Turner County, Georgia have generally shown positive trends over the last eight years, rising from $70,900 in 2015 to $85,600 in 2022. While local growth is clear, these figures remain significantly below both state and national medians, which stood at $245,900 and $179,400, respectively, in 2022. This suggests that Turner County may offer more affordable housing options compared to broader markets, potentially attracting budget-conscious buyers. However, the marked increase in recent years reflects a more competitive market, aligning somewhat with broader trends in Georgia and nationwide.
Residential Energy Tax Credit Per Tax Return in Turner County, GA Over the Last 8 Years
Over the last eight years, Turner County, Georgia has seen significant fluctuations in the average residential energy tax credit per tax return. Starting at $350.00 in 2013, the credit experienced a marked increase, peaking at $750.00 in 2018 and hitting a high of $850.00 in 2021. Despite some dips, such as $320.00 in 2014 and $500.00 in 2020, the overall trend shows an upward trajectory, indicating a growing focus on energy efficiency improvements among homeowners. This makes Turner County increasingly appealing for investors and new residents interested in eco-friendly living and cost savings on energy.
Average Real Estate Taxes Per Tax Return in Turner County, GA Over the Last 10 Years
Over the last decade, real estate taxes per tax return in Turner County, Georgia have shown a general upward trend. Starting at $1,782.35 in 2012, there were fluctuations up and down until a significant increase began around 2019 when values jumped from $2,292.86 to $2,754.54 by 2021. This rise could be of particular interest to potential investors and property developers gauging long-term costs, suggesting a growing demand or valuation of property in the area. Higher real estate taxes might reflect improvements in local infrastructure or services, presenting both challenges and opportunities for those considering moving to or investing in Turner County.
Percentage of Farm Returns in Turner County, GA Over the Last 10 Years
Turner County, Georgia has seen a generally stable percentage of farm tax returns over the past decade, oscillating between 7.01% and 8.75%. Farm tax returns, which capture the economic activity of farming within the county, have experienced slight dips and surges, with a notable drop to 7.01% in 2020 before somewhat recovering to 7.44% in 2021. These figures provide insights for potential investors, builders, and residents, indicating consistent agricultural activity and resilience, despite minor annual fluctuations. For those interested in the area's economic landscape, this stability might suggest a reliable agricultural sector underpinning the local economy.
Number of Mortgages by Occupancy Type in Turner County, GA Over the Last 5 Years in Turner County
The mortgage data for Turner County, Georgia over the last five years suggests that principal residences overwhelmingly dominate the mortgage market, experiencing a consistent rise from 164 in 2018 to 277 in 2021 before dipping slightly to 217 in 2022. Investment property mortgages saw fluctuations, peaking at 38 in 2021 and dropping to 18 in 2022. Second residences remained relatively stable yet low, varying between 1 and 6. Changes in the mortgage landscape, such as a rise in principal residence mortgages, could indicate increasing population stability, making it attractive to long-term investors. Meanwhile, fluctuations in investment property mortgages may reveal shifting investor confidence or changing market conditions. This data is crucial for potential investors, real estate professionals, and appraisers who need to understand market dynamics to make informed decisions.
Economic Outlook
Turner County, Georgia has experienced a gradual rise in average taxable income, climbing from $32,018.73 in 2013 to $40,536.34 in 2021, indicative of slow yet steady economic growth. This trend in income and parallel increases in state and local income taxes, which have grown from $3,647.54 in 2012 to $5,678.57 by 2021, suggest a higher cost of living but also a more financially robust community. Additionally, the overall tax liability per return has seen notable increases, hitting $5,793.39... Read more
Average Taxable Income per Tax Return in Turner County, GA over the last 9 years
Turner County, Georgia has seen a steady increase in average taxable income over the past nine years, rising from $32,018.73 in 2013 to $40,536.34 in 2021. This trend suggests a slow but consistent economic growth in the region, potentially making it more attractive for investors and new residents considering the incremental rise in earnings. For those interested in building property, this might indicate a strengthening community with growing financial stability, which could drive long-term property value appreciation.
Average State and Local Income Taxes Per Tax Return in Turner County, GA Over the Last 10 Years
Over the past decade, Turner County, Georgia, has seen fluctuations in average state and local income taxes per tax return, starting at $3,647.54 in 2012 and rising to $5,678.57 by 2021. Notable spikes occurred in 2018 with $4,630.00 and 2020 with $5,085.71, indicating a substantial increase in tax burden for residents and potential investors. This upward trend in taxes can impact both the cost of living and the attractiveness of Turner County for new residents and business ventures.
Average Total Tax Liability Per Tax Return in Turner County, GA Over the Last 10 Years
Steady increases in tax liability per return over the past decade in Turner County, Georgia, highlight a growing economic vitality of the area. Notable jumps, particularly from 2012 to 2013 and 2020 to 2021, suggest expanding affluence or changes in tax policies. Average total tax liability hit $5,793.39 in 2021, up significantly from $4,337.20 in 2012, reflecting potential rises in income or property values, making it an attractive spot for potential investors or newcomers.
Cost of Living in Turner County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $940 | $1,259 | $1,440 | $1,048 | $851 |
1 adult 4 children | $940 | $1,028 | $1,099 | $1,048 | $883 |
2 adults 3 children | $940 | $1,028 | $1,251 | $1,048 | $690 |
1 adult 3 children | $940 | $839 | $909 | $1,048 | $700 |
2 adults 2 children | $772 | $842 | $1,062 | $908 | $638 |
1 adult 2 children | $772 | $629 | $720 | $908 | $573 |
2 adults 1 child | $772 | $665 | $872 | $454 | $626 |
1 adult 1 child | $772 | $430 | $531 | $454 | $540 |
2 adults | $606 | $534 | $683 | $0 | $558 |
1 adult | $602 | $292 | $342 | $0 | $512 |
Safety trends & Data
Turner County, Georgia has experienced a moderate fluctuation in property crime over the past five years. Larceny-theft incidents peaked in 2019 at 8.00, while burglaries and motor vehicle thefts have shown more stability with lower numbers. Vandalism saw a significant spike in 2020 with 9.00 occurrences but has since decreased. Sporadic cases of specialized crimes, like fraud and forgery, were also noted. These trends offer valuable insights for assessing risk factors related to investment,... Read more
Property Crime Trends in Turner County, GA Over the Last 5 Years
Investors and residents might notice a moderate fluctuation in property crime in Turner County, Georgia over the past five years. Larceny-theft incidents peaked in 2019 at 8.00, while burglaries and motor vehicle thefts have demonstrated more stable, lower numbers. Notably, vandalism spiked in 2020 with 9.00 occurrences but decreased significantly thereafter. Additionally, specialized crimes like fraud and forgery appeared sporadically. These trends suggest varying levels of property crime, providing critical insights for those assessing risk factors for investment, insurance, or residency decisions in Turner County.
Demographics
Turner County, Georgia, reveals intriguing demographic trends with a slightly higher female population compared to males. Educational attainment indicates a significant portion of the population has completed high school, though fewer progress to higher degrees. Age distribution suggests a balanced spread across various age groups, with a notable concentration of individuals in the 55 to 64-year range. Racial demographics are predominantly White, with a considerable Black or African American... Read more
Race Distribution in Turner County, Georgia (2022)
Educational Attainment in Turner County, Georgia (2022)
Age Distribution in Turner County, Georgia
Citizen Population in Turner County, Georgia (2022)
Political Trends & Data
Turner County, Georgia, tends to lean Republican, with around 62% of votes going to that party in the most recent presidential election, compared to 37% for Democrats. Libertarians had a minor impact, drawing less than 1% of the vote, while the Green party and other minor parties didn't register any vote share. This political climate could influence local policies and investment trends, making it an interesting area to watch for potential shifts in the real estate market or local development... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Turner County in Georgia showed a significant leaning toward the Republican party, with roughly 62% of votes, while Democrats garnered about 37%. Libertarians had a minimal impact, capturing less than 1%. Notably, the Green party and other minor parties did not register any vote share.
61.95% of voters voted for the Republican party in the 2020 Presidential Election
37.18% of voters voted for the Democrat party in the 2020 Presidential Election
0.87% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Turner County, Georgia, has experienced a significant shift in student-to-teacher ratios, peaking at 48 students per teacher in 2019 and dropping to 12 per teacher by 2023, which is below the national average of 14. These trends may signal substantial changes in enrollment or staffing, which can affect educational outcomes and resource distribution. For real estate professionals, such fluctuations might reflect underlying demographic trends with potential impacts on the housing market, property... Read more
Student-to-teacher ratio in Turner County, Georgia over the last 10 years
Turner County, Georgia has seen a notable fluctuation in student-to-teacher ratios over the last decade, with a peak ratio of 48 students per teacher in 2019, before dropping dramatically to 12 students per teacher in 2023, which is below the national average of 14. These variations may indicate periods of rapid enrollment changes or adjustments in staffing, which could impact educational outcomes and resource allocation. For potential investors or real estate agents, these shifts might reflect broader demographic trends affecting the local housing market. Appraisers and insurance agents might also consider these changes when evaluating property values and risk assessments, while those looking to build property may need to understand the implications for local school infrastructure and planning needs.