Twiggs County Real Estate and Livability Trends
Twiggs County, Georgia, is seeing notable economic and real estate trends with average taxable income per tax return rising steadily from $35,189.92 in 2013 to $44,737.46 by 2021, despite a minor dip in 2019. Median home values have jumped from $56,900 in 2015 to $89,300 in 2022, presenting potential affordable investment opportunities amid ongoing property value appreciation. Improvements in the... Read more
Twiggs County Market Trends
In Twiggs County, Georgia, the median home value experienced notable growth, leaping from $56,900 in 2015 to $89,300 in 2022, though still lagging behind state and national averages. This might offer investors affordable entry points compared to broader markets while indicating property value appreciation for residents. Meanwhile, residential energy tax credits have shown significant volatility,... Read more
Median Value of Occupied Housing Units in Twiggs County, Georgia Over the Last 8 Years
Twiggs County, Georgia's median home value experienced significant growth over the past eight years, with a surge from $56,900 in 2015 to $89,300 in 2022. This more than 57% increase still places it well below the state average, which jumped from $148,100 to $245,900 during the same period, and the national trend where values rose from $125,500 to $179,400. For potential investors and homebuyers, this disparity might signal an opportunity for affordable investment compared to the broader Georgia and U.S. markets, while those already residing in Twiggs County might see substantial appreciation in their property values relative to local metrics.
Residential Energy Tax Credit Per Tax Return in Twiggs County, GA Over the Last 9 Years
Twiggs County, Georgia, has seen significant fluctuations in residential energy tax credits over the past nine years, with amounts increasing from $470.00 in 2013 to an impressive $1,700.00 in 2018. After a sharp dip in 2019, where credits averaged $722.22, there was a steady recovery reaching $1,033.33 by 2021. These trends underscore a volatility that potential investors and residents should consider, particularly those interested in energy-efficient home improvements. Increasing tax credits suggest a growing emphasis on energy efficiency in residential properties, which could enhance property value and lower long-term utility costs.
Average Real Estate Taxes Per Tax Return in Twiggs County, GA Over the Last 10 Years
Over the past decade, Twiggs County, Georgia has seen a gradual increase in average real estate taxes per tax return. Starting from $1,674.70 in 2012, the rate has climbed to over $2,493.33 by 2021. Particularly notable was the spike in 2018, where it reached $2,540.91. These fluctuations might hint at underlying economic factors and could be a point of consideration for new property investors or residents eyeing the area.
Percentage of Farm Returns in Twiggs County, GA Over the Last 10 Years
Over the last decade, Twiggs County, Georgia has experienced slight fluctuations in the percentage of farm tax returns. The rates have varied from a low of around 2.92% in 2016 to a high of approximately 3.91% in 2013. This data may suggest some stability in agricultural activities, albeit without major growth. Farm tax returns indicate the portion of taxpayers in the county reporting income from farming, which can be a significant point of consideration for potential investors or property developers. This metric implies the agricultural backbone of the community, which could affect land values, local economy, and investment opportunities.
Number of Mortgages by Occupancy Type in Twiggs County, GA Over the Last 5 Years in Twiggs County
Over the last five years in Twiggs County, Georgia, the number of mortgages for principal residences has generally risen, peaking in 2020 at 249, while those for investment properties and second residences have remained relatively low and stable. These shifts suggest that Twiggs County may be attracting more permanent residents than investors or vacation home buyers. For investors, fewer investment property mortgages might indicate limited opportunities, while for those seeking to build or appraise property, the trend towards principal residences could suggest a growing need for community services and amenities. Considering insurance perspectives, areas with more permanent residences might experience different risk profiles compared to those with higher investment or second-home ownership rates.
Economic Outlook
Twiggs County, Georgia, has experienced a steady increase in average taxable income per tax return over the past nine years, rising from approximately $35,189.92 in 2013 to around $44,737.46 by 2021. This upward trend, despite a minor dip in 2019, implies a potentially improving economic environment that might reflect enhanced job opportunities. Concurrently, average state and local income taxes have risen from $2,767.37 to $4,700.00, with notable surges between 2017 and 2018, potentially... Read more
Average Taxable Income per Tax Return in Twiggs County, GA over the last 9 years
Over the past nine years, Twiggs County, Georgia has seen a general upward trend in average taxable income per tax return, starting at around $35,189.92 in 2013 and rising to approximately $44,737.46 by 2021. A noticeable peak occurred in 2018 at $42,258.55, followed by a slight dip in 2019 before increasing again. This pattern could be of interest to investors and those considering property development, as it may suggest a steadily improving economic environment, potentially reflecting enhanced job opportunities or regional economic growth.
Average State and Local Income Taxes Per Tax Return in Twiggs County, GA Over the Last 10 Years
Over the last decade, Twiggs County, Georgia has seen a notable rise in average state and local income taxes per tax return, jumping from $2,767.37 in 2012 to $4,700.00 by 2021. The most significant spike occurred between 2017 and 2018, where taxes surged from $3,739.24 to $5,023.08. This increasing trend could indicate growing economic activity or changes in tax policy, appealing to investors or potential residents looking at the evolving financial landscape. Understanding these patterns is crucial for gauging the fiscal environment and future tax liabilities in Twiggs County.
Average Total Tax Liability Per Tax Return in Twiggs County, GA Over the Last 10 Years
Twiggs County, Georgia has seen a general rise in the average total tax liability per tax return over the last decade, with significant jumps in 2015 and 2018. This trend shows a steady increase from $3,991.06 in 2012 to $5,620.72 in 2021. The data indicate a growing economic base, possibly driven by higher income levels or increased fiscal policies. These insights could be crucial for investors and potential homeowners evaluating the area's financial landscape.
Cost of Living in Twiggs County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,074 | $1,440 | $1,656 | $1,074 | $1,093 |
1 adult 4 children | $1,074 | $1,176 | $1,264 | $1,074 | $1,151 |
2 adults 3 children | $1,074 | $1,176 | $1,438 | $1,074 | $873 |
1 adult 3 children | $1,074 | $960 | $1,046 | $1,074 | $920 |
2 adults 2 children | $862 | $963 | $1,220 | $935 | $785 |
1 adult 2 children | $862 | $719 | $828 | $935 | $717 |
2 adults 1 child | $862 | $761 | $1,002 | $481 | $751 |
1 adult 1 child | $862 | $492 | $610 | $481 | $635 |
2 adults | $746 | $611 | $784 | $0 | $671 |
1 adult | $640 | $333 | $392 | $0 | $559 |
Safety trends & Data
Twiggs County, Georgia has shown fluctuating property crime trends over the last five years, with burglary cases spiking to 8 in 2021 and larceny-theft incidents peaking at 9. Motor vehicle theft and fraud have remained consistently low. This volatility is significant for investors and property developers as fluctuating crime rates can influence property values and insurance costs. Real estate agents and appraisers might find these insights valuable when assessing market conditions and advising... Read more
Property Crime Trends in Twiggs County, GA Over the Last 5 Years
Twiggs County, Georgia has displayed fluctuating property crime trends over the last five years. Notably, burglary cases spiked to 8 in 2021, a significant rise compared to previous years, while larceny-theft incidents also peaked at 9 in the same year. Consistently low numbers are observed in motor vehicle theft and fraud. These trends are crucial for prospective investors or property developers to consider since fluctuating crime rates can impact property values and insurance premiums. Real estate agents and appraisers might also find these insights valuable when evaluating the market conditions and advising clients.
Demographics
The demographic trends in Twiggs County, Georgia, indicate a fairly balanced gender ratio with a slight female majority. Approximately 65% of adults have not pursued education beyond high school, implying potential opportunities for educational development programs. The population skews older, with a notable concentration of residents aged 55 and above, possibly impacting healthcare and senior services demand. Racially, the county is predominantly White and Black or African American, with... Read more
Race Distribution in Twiggs County, Georgia (2022)
Educational Attainment in Twiggs County, Georgia (2022)
Age Distribution in Twiggs County, Georgia
Citizen Population in Twiggs County, Georgia (2022)
Political Trends & Data
Twiggs County, Georgia, seems to lean slightly Republican, with approximately 53% of the vote possibly going to Republicans in the 2020 U.S. Presidential Election and around 46% to Democrats. The minimal impact of minor parties, potentially less than 1%, suggests a more polarized political climate. This trend gives insight into the region's political dynamics, hinting at competitive but largely two-party local... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Twiggs County, Georgia, appears to have leaned towards Republican preferences in the 2020 U.S. Presidential Election, with Republicans potentially securing roughly 53% of the vote. Democrats might have garnered close to 46%, indicating a somewhat competitive race. Minor parties, such as the Libertarians, played a minimal role, perhaps obtaining less than 1% of the vote. This distribution reflects the political landscape of the county and hints at the broader partisan tendencies within the region.
53.33% of voters voted for the Republican party in the 2020 Presidential Election
45.99% of voters voted for the Democrat party in the 2020 Presidential Election
0.68% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Twiggs County, Georgia's student-to-teacher ratio has seen a significant improvement over the past decade, peaking at 18:1 in 2015 and dropping to nearly 12:1 by 2023. This decline, which is now below the national average of 14:1, could suggest more personalized attention in classrooms, potentially making the area more appealing to families and educators. Such trends might boost educational outcomes and enhance community appeal, indirectly making local real estate more attractive to investors... Read more
Student-to-teacher ratio in Twiggs County, Georgia over the last 10 years
Over the past decade, Twiggs County, Georgia has seen fluctuations in its student-to-teacher ratio but trends towards improvement in recent years. The ratio peaked at 18 students per teacher in 2015 before gradually decreasing to nearly 12 by 2023, a figure below the current national average of 14 students per teacher. This declining ratio could suggest more personalized attention for students, which might attract families and educators to the area, potentially improving educational outcomes and overall community appeal. Lower ratios can also imply a commitment to quality education, making properties more attractive to investors and developers.