Upson County Real Estate and Livability Trends
In Upson County, Georgia, the average taxable income per tax return has generally risen, reaching around $50,428.06 in 2021, with minor dips pointing to some economic volatility. Median home values surged to $136,500 in 2022, outperforming national growth possibly due to high investor interest. Residential energy tax credits spiked from $396.15 in 2013 to $1,512.50 in 2018, hinting at significant... Read more
Upson County Market Trends
Upson County, Georgia’s median home values have climbed steadily over the past eight years to $136,500 in 2022, reflecting sharper growth compared to the national median and possibly indicating higher investor interest. The average residential energy tax credit surged dramatically from $396.15 in 2013 to $1,512.50 in 2018, reflecting significant investment in energy-efficient home improvements.... Read more
Median Value of Occupied Housing Units in Upson County, Georgia Over the Last 8 Years
Upson County, Georgia's median home values have seen a steady climb over the last eight years, reaching $136,500 by 2022. This region's market has experienced sharper growth compared to the national median, which hit $179,400 in the same year. While Upson County remains more affordable than the Georgia state average of $245,900, its relative growth suggests rising investor interest and potential for future value increases. Those considering investing, moving, or building in Upson County might find its upward trajectory compelling against both state and national benchmarks.
Residential Energy Tax Credit Per Tax Return in Upson County, GA Over the Last 9 Years
Upson County, Georgia has seen a significant increase in the average residential energy tax credit per tax return over the last nine years. Starting from $396.15 in 2013, the credit spiked to an impressive $1,512.50 in 2018 and maintained substantial growth, reaching $1,047.05 by 2021. This surge reflects a growing investment in energy-efficient home improvements, making Upson County an attractive location for environmentally conscious homeowners and investors interested in sustainable living solutions.
Average Real Estate Taxes Per Tax Return in Upson County, GA Over the Last 10 Years
Real estate taxes in Upson County, Georgia, have shown a significant upward trend over the past decade, starting from $1,472.38 per tax return in 2012 and reaching $2,940.91 in 2021. This upward movement could indicate rising property values or adjustments in tax rates, making it an essential factor for potential investors and residents to consider. With such growth, current and prospective homeowners may need to factor in these increasing taxes when budgeting for property investments and long-term living expenses.
Percentage of Farm Returns in Upson County, GA Over the Last 10 Years
Farm tax returns in Upson County, Georgia have seen slight fluctuations over the past decade, generally hovering between 1.6% and 2.0%. These numbers could suggest a modest, yet consistently contributing agricultural sector within the local economy. For potential investors or those interested in the agricultural landscape, this stability might offer insights into the resilience and potential growth of farming activities in the area. The percentage of farm returns can be indicative of the vitality and financial activity in the farming community, which is a crucial consideration for economic development and property investments in Upson County.
Number of Mortgages by Occupancy Type in Upson County, GA Over the Last 5 Years in Upson County
Over the last five years in Upson County, Georgia, there's been a noticeable increase in the number of mortgages for principal residences, especially peaking in 2021 with 1,259 counts compared to 703 in 2018. Even though investment property mortgages have remained relatively stable, shifting only between 86 to 119 annually, this steadiness alongside the surge in primary-home loans may imply a growing community focus rather than a purely investment-driven market. For those considering moving, investing, or working in real estate, these shifts might indicate a more stable environment for long-term residence than for short-term investment opportunities. Lesser activity in second-home mortgages further supports this trend, suggesting Upson County may be more appealing for permanent living rather than vacation or occasional stays. Property appraisers and insurance agents might find these trends crucial for assessing risk and market values, aligning their evaluations with the increasing demand for principal residences.
Economic Outlook
In Upson County, Georgia, the average taxable income per tax return has generally trended upward, growing from about $39,810.32 in 2013 to roughly $50,428.06 in 2021. This indicates potential economic growth and higher income levels, attractive to investors and new residents. However, there's been a slight dip following a peak in 2020, suggesting some economic volatility. The average state and local income taxes have steadily increased, reaching $7,633.33 in 2021 from $4,225.91 in 2012, hinting... Read more
Average Taxable Income per Tax Return in Upson County, GA over the last 9 years
Over the past 9 years, Upson County, Georgia has seen a general upward trend in average taxable income per tax return, rising from approximately $39,810.32 in 2013 to around $50,428.06 in 2021. This steady growth might be an indicator of increasing economic activity and income levels in the area, which could be appealing to potential investors and new residents. The noticeable jump to $51,372.85 in 2020, followed by a slight dip in 2021, could suggest economic volatility or adjustments post-2020. Understanding these nuances can help in making informed decisions about living, investing, or building property here.
Average State and Local Income Taxes Per Tax Return in Upson County, GA Over the Last 10 Years
Over the past decade, Upson County, Georgia has seen a notable increase in the average state and local income taxes per tax return, rising from $4,225.91 in 2012 to $7,633.33 in 2021. This upward trend indicates growing tax contributions, with more significant jumps in the most recent years, particularly from 2019 onwards. For potential investors or residents, the escalating tax rates could reflect broader economic growth and rising incomes but also signal a higher cost of living.
Average Total Tax Liability Per Tax Return in Upson County, GA Over the Last 10 Years
Over the past decade, Upson County, Georgia has experienced fluctuating tax liabilities, with a noticeable spike in 2020 reaching $7,481.89 per return and settling at $6,616.95 in 2021. This trend is significant for prospective investors and residents, indicating economic variability and potential impacts on disposable income and local investment opportunities.
Cost of Living in Upson County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $1,054 | $1,263 | $1,807 | $1,048 | $981 |
1 adult 4 children | $1,054 | $1,031 | $1,382 | $1,048 | $1,026 |
2 adults 3 children | $1,054 | $1,032 | $1,567 | $1,048 | $796 |
1 adult 3 children | $1,054 | $842 | $1,142 | $1,048 | $809 |
2 adults 2 children | $772 | $844 | $1,328 | $908 | $688 |
1 adult 2 children | $772 | $631 | $903 | $908 | $600 |
2 adults 1 child | $772 | $667 | $1,089 | $454 | $663 |
1 adult 1 child | $772 | $431 | $664 | $454 | $555 |
2 adults | $674 | $536 | $850 | $0 | $607 |
1 adult | $516 | $292 | $425 | $0 | $489 |
Safety trends & Data
Upson County, Georgia has seen a notable decrease in overall property crimes from 2018 to 2022, with larceny-theft dropping significantly from 109 incidents in 2018 to just 44 by 2022. Both burglary and vandalism have also declined, suggesting better crime prevention measures locally. While motor vehicle theft and fraud remain stable at low levels, the reduction in other property crimes could make Upson County more attractive to potential investors, real estate agents, and prospective... Read more
Property Crime Trends in Upson County, GA Over the Last 4 Years
The most striking trend in Upson County, Georgia, is the significant decline in overall property crimes from 2018 to 2022. Larceny-Theft, the most prevalent crime, peaked at 109 occurrences in 2018 but has seen a steep drop to just 44 by 2022. Burglary and Vandalism also show a downward trajectory, indicating a potential improvement in crime prevention measures. Motor Vehicle Theft and Fraud remain relatively low but stable. This downward trend in crime rates could be appealing to potential investors, real estate agents, and homeowners considering Upson County as a safer environment over the years.
Demographics
Upson County, Georgia, shows a slightly higher female population compared to males, which could be contributing to the dynamics in community planning and services. Educational attainment reveals a significant chunk of the population has completed high school, but lower numbers have pursued higher education, pointing towards potential workforce development needs. The age distribution skews towards older demographics, particularly those aged 55 to 64, indicating a potentially aging population... Read more
Race Distribution in Upson County, Georgia (2022)
Educational Attainment in Upson County, Georgia (2022)
Age Distribution in Upson County, Georgia
Citizen Population in Upson County, Georgia (2022)
Political Trends & Data
Upson County, Georgia, leaned heavily Republican in the 2020 Presidential election, with the GOP securing roughly 67% of the vote. Democrats garnered about 33%, while Libertarians barely made a dent at 0.7%. This substantial conservative tilt could influence local real estate trends, perhaps indicating a preference for stability and traditional values in community planning and... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
In Upson County, Georgia, the Republican party likely dominated the 2020 U.S. Presidential election, securing around 67% of the vote, compared to the Democrats' approximate 33%. Libertarians, while present, garnered a mere fraction of the votes at about 0.7%, and no significant support was observed for the Green party or other parties. This voting pattern potentially underscores a strong conservative leaning in this region.
66.70% of voters voted for the Republican party in the 2020 Presidential Election
32.55% of voters voted for the Democrat party in the 2020 Presidential Election
0.74% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Upson County, Georgia has seen its student-to-teacher ratio decline from 17 in 2014 to roughly 15 by 2023, approaching the national average of fourteen students per teacher. This trend might make the area more appealing to parents who value smaller class sizes, which can lead to better educational outcomes. For real estate agents and investors, this shift could imply increasing property values and a more attractive market, indicating a stable and growing... Read more
Student-to-teacher ratio in Upson County, Georgia over the last 10 years
Over the past decade, Upson County, Georgia has seen a gradual decrease in its student-to-teacher ratio, moving closer to the national average of fourteen students per teacher. In 2014, the ratio was 17 students per teacher, but it has since declined to approximately 15 by 2023. This trend could make the area more appealing to parents who prioritize smaller class sizes for their children's education. Lower student-to-teacher ratios are often associated with more individual attention and potentially better educational outcomes, which could be a key factor for families considering relocating. Smaller class sizes might also positively influence property values and attract investors looking for stable and growing communities. For real estate agents, appraisers, and insurance agents, this shift could signal a more attractive market with increasing desirability.