Walker County Real Estate and Livability Trends
Walker County, Georgia’s economic landscape appears to be strengthening, evidenced by a rising average taxable income, up from $40,954.84 in 2013 to $56,002.84 in 2021. Housing values have surged from $105,900 to $149,600 over seven years, making the area affordable yet primed for future growth. Property taxes have doubled since 2012, reflecting increased homeowner costs, while energy tax... Read more
Walker County Market Trends
Walker County, Georgia has experienced a consistent climb in median home values, growing from $105,900 in 2015 to $149,600 in 2022. While this growth is robust locally, it still lags behind the state and national trends, positioning Walker County as a more affordable housing market with room for future appreciation. Property taxes have more than doubled from $1,690.44 in 2012 to $3,953.85 in... Read more
Median Value of Occupied Housing Units in Walker County, Georgia Over the Last 8 Years
Walker County, Georgia, has seen a steady and accelerated increase in median home values over the past eight years, growing from $105,900 in 2015 to $149,600 in 2022. This growth, though significant locally, still trails behind both the state of Georgia, where median home values rose from $148,100 to $245,900 within the same period, and the national trend, which saw an increase from $125,500 to $179,400. For investors and prospective homeowners, Walker County presents a relatively affordable option compared to broader state and national markets, potentially offering room for future appreciation.
Residential Energy Tax Credit Per Tax Return in Walker County, GA Over the Last 9 Years
Walker County, Georgia has seen a significant upward trend in average residential energy tax credits per tax return over the past nine years. Particularly noticeable is the sharp increase in 2018 with an average credit of $1275.00, almost quadrupling the previous year’s average. While there's been variability, the credit amounts have generally trended higher, peaking again in 2021 at $1062.50. For potential investors and residents, this indicates an increasing county support for energy efficiency improvements, potentially reducing long-term energy costs and adding value to properties.
Average Real Estate Taxes Per Tax Return in Walker County, GA Over the Last 10 Years
Over the last decade, Walker County, Georgia has experienced a notable increase in average real estate taxes per tax return, with values rising from $1,690.44 in 2012 to $3,953.85 in 2021. This consistent upward trend points to an increased financial commitment for homeowners, potentially influenced by rising property values or adjustments in tax rates. The significant jump around 2017-2018 may have implications for budgeting for new homeowners or investors looking into the area. Real estate agents, appraisers, and insurance agents might consider these changes when evaluating property values and advising clients.
Percentage of Farm Returns in Walker County, GA Over the Last 10 Years
Over the last decade, Walker County, Georgia has seen a fairly consistent percentage of farm tax returns, hovering around 2%. Notably, 2014 had a slight peak at roughly 2.12%, and 2020 saw a dip to around 1.88%. Farm tax returns reflect the economic activity and viability of the agricultural sector in the area, providing crucial insights for potential investors or residents interested in the stability and growth of local farming. These trends could be indicative of the county's reliance on agriculture, offering a snapshot of small-scale farming’s health in this part of Georgia.
Number of Mortgages by Occupancy Type in Walker County, GA Over the Last 5 Years in Walker County
Walker County, Georgia has seen notable shifts in mortgage counts by occupancy type over the last five years. The bulk of mortgages were for principal residences, showing an increasing trend from 2,546 in 2018 to 3,510 in 2022. Investment properties also saw a steady rise, albeit at a smaller scale, with mortgages growing from 227 to 279 in the same period. Second residences fluctuated slightly but remained low, indicating limited traction in this category. These changes could impact appraisal values, influence insurance considerations, and guide real estate investment strategies by highlighting stable demand for primary homes while suggesting cautious interest in investment and vacation properties. Understanding these trends can assist stakeholders in making informed decisions.
Economic Outlook
Walker County, Georgia has experienced a rising average taxable income per tax return from $40,954.84 in 2013 to $56,002.84 in 2021, hinting at a strengthening economy. Accompanying this, state and local income taxes have increased, particularly jumping from $5,230.00 in 2017 to $7,963.33 in 2018, pointing to a changing fiscal landscape. Average total tax liability also grew by almost 41% since 2012, influencing cost projections for potential investors. Moreover, poverty rates fluctuated... Read more
Average Taxable Income per Tax Return in Walker County, GA over the last 9 years
Walker County, Georgia has seen a consistent rise in average taxable income per tax return over the past nine years, increasing from roughly $40,954.84 in 2013 to around $56,002.84 in 2021. This upward trend in local earnings could potentially indicate a strengthening economy and improving job opportunities in the area. These figures might be particularly relevant for investors, prospective property developers, or individuals considering relocation as it suggests a growing affluence and possibly a more vibrant community. Higher average incomes could also translate to a more robust tax base, potentially leading to better local services and infrastructure.
Average State and Local Income Taxes Per Tax Return in Walker County, GA Over the Last 10 Years
Over the past decade, Walker County, Georgia has seen a notable increase in state and local income taxes per tax return, escalating from around $4,345.96 in 2012 to $9,365.26 in 2021. This upward trend highlights a significant rise in tax obligations, especially with a sharp jump between 2017 and 2018, where figures went from $5,230.00 to $7,963.33. For investors and potential property buyers, this indicates a changing fiscal landscape that could impact both the cost of living and returns on investment.
Average Total Tax Liability Per Tax Return in Walker County, GA Over the Last 10 Years
Over the past decade, Walker County, Georgia, has experienced a notable upward trend in the average total tax liability per tax return, culminating in a significant increase to $7,559.48 in 2021. This represents a growth of nearly 41% since 2012, making it pertinent for investors and prospective residents to anticipate a higher tax burden. The data suggests an economic shift within the county, potentially impacting cost projections and financial planning for property owners and businesses.
Cost of Living in Walker County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,175 | $1,375 | $1,826 | $1,074 | $1,142 |
| 1 adult 4 children | $1,175 | $1,123 | $1,396 | $1,074 | $1,229 |
| 2 adults 3 children | $1,175 | $1,124 | $1,585 | $1,074 | $933 |
| 1 adult 3 children | $1,175 | $917 | $1,154 | $1,074 | $999 |
| 2 adults 2 children | $914 | $920 | $1,344 | $935 | $824 |
| 1 adult 2 children | $914 | $687 | $913 | $935 | $759 |
| 2 adults 1 child | $914 | $727 | $1,102 | $481 | $787 |
| 1 adult 1 child | $914 | $470 | $672 | $481 | $648 |
| 2 adults | $787 | $584 | $861 | $0 | $684 |
| 1 adult | $780 | $319 | $431 | $0 | $598 |
Safety trends & Data
Walker County, Georgia, has seen a significant decrease in property crimes over the past five years. Larceny-theft cases plummeted from 406.00 in 2018 to just 5.00 by 2022, while burglaries dropped from 38.00 to near-zero by 2021. This trend might reflect stronger law enforcement or effective community initiatives, potentially making Walker County more attractive to investors, homeowners, and real estate agents seeking a safer market to operate... Read more
Property Crime Trends in Walker County, GA Over the Last 5 Years
Walker County, Georgia, has witnessed a noticeable decline in property-related criminal activities over the past five years. Larceny-theft saw a significant drop from 406.00 reported cases in 2018 to just 5.00 cases in 2022. Similarly, burglaries decreased from 38.00 cases in 2018 to virtually negligible numbers by 2021. This trend likely reflects improved law enforcement efforts or community initiatives aimed at crime reduction. These statistics may entice potential investors, homeowners, and real estate agents considering Walker County as a viable and relatively safer option.
Demographics
Walker County, Georgia's adult population is nearly evenly split by gender, with a slight female majority. The county's educational attainment shows a substantial portion with high school education, although there’s also a noteworthy number who have pursued higher education. Age-wise, Walker County demonstrates a balanced demographic with a significant presence of residents aged 45 to 64 years. The racial landscape is predominantly White, with smaller representations of other racial groups,... Read more
Race Distribution in Walker County, Georgia (2022)
Educational Attainment in Walker County, Georgia (2022)
Age Distribution in Walker County, Georgia
Citizen Population in Walker County, Georgia (2022)
Political Trends & Data
Walker County, Georgia, observed an approximate 79% voter support for the Republican party in the 2020 U.S. Presidential Election, while Democrats garnered around 20%, and Libertarians received about 1%. This significant Republican leaning suggests that political influences could shape a variety of local policies and community... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Walker County, located in Georgia, seemingly leaned heavily toward the Republican party during the 2020 U.S. Presidential Election, with close to 79% of the votes. In contrast, Democrats received about 20%, leaving only a marginal share for Libertarians at around 1%. This skew suggests strong Republican support, which could influence everything from local policy priorities to community initiatives.
78.95% of voters voted for the Republican party in the 2020 Presidential Election
19.65% of voters voted for the Democrat party in the 2020 Presidential Election
1.40% of voters voted for the Livertarian party in the 2020 Presidential Election
School Data
Walker County, Georgia's student-to-teacher ratio has dropped from around 15 in 2014 to about 12 in 2023, lower than the national average of 14. This shift towards smaller class sizes may attract education-focused families, influencing local real estate values and demographics. Appraisers and insurance agents might view this as a positive trend, possibly enhancing property values due to the perceived better quality of... Read more
Student-to-teacher ratio in Walker County, Georgia over the last 10 years
Over the past decade, Walker County, Georgia has seen a steady decrease in the student-to-teacher ratio from about 15 students per teacher in 2014 to around 12 in 2023. This trend suggests a shift towards smaller class sizes, which often correlate with more individualized attention for students. Compared to the national average of 14 students per teacher, Walker County's current ratio is noticeably lower. This could make the county more attractive to families prioritizing education, potentially impacting real estate values and local demographics. Appraisers and insurance agents might also consider these trends when assessing property values, as smaller class sizes can enhance the perceived quality of schools.
